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Investor Eyes Up to 10% Stake in AqualisBraemar ASA

Investor Eyes Up to 10% Stake in AqualisBraemar ASA

AqualisBraemar ASA (GB:0QXF) has released an update.

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AqualisBraemar ASA (ABL) is facing a potential acquisition of up to 10% of its shares by an undisclosed financial investor, managed by SpareBank 1 Markets AS through a reverse bookbuilding process. The offering invites current shareholders to sell at a price they set, with the final price determined by the buyer based on received offers. The bookbuilding period starts on September 24, 2024, with results expected before market opening on September 25, and settlement by September 27.

For further insights into GB:0QXF stock, check out TipRanks’ Stock Analysis page.

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