Magnora ASA Finalizes Helios Sale, Announces Shareholder Return
Company Announcements

Magnora ASA Finalizes Helios Sale, Announces Shareholder Return

Magnora ASA (SVMRF) has released an update.

Magnora ASA has successfully sold all shares of Helios Nordic Energy AB to French company Vinci, with the transaction set to close by mid-July 2024 following Swedish FDI Authority approval. Post-transaction, Magnora will reward shareholders with a NOK 4 per share capital return. The company continues to focus on its renewable energy portfolio, including various projects and subsidiaries.

For further insights into SVMRF stock, check out TipRanks’ Stock Analysis page.

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