Elop AS ( (DE:72G) ) just unveiled an update.
Qben Infra AB has announced a strategic move to acquire the remaining shares in ININ Group AS through a voluntary share exchange offer, now limited to a group of pre-contacted shareholders. This decision aims to increase Qben Infra’s shareholding in a cost-effective manner by reducing transaction costs and resource requirements, thereby enhancing its market position and operational efficiency.
More about Elop AS
Qben Infra is a company that invests in and develops infrastructure services in the Nordics, focusing on niche markets with strong growth trends, government investments, and opportunities for consolidation and expansion, such as rail and power grids. Their strategy involves driving organic growth, supported by selective mergers and acquisitions and synergy realization.
YTD Price Performance: 11.76%
Average Trading Volume: 300
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €25.96M
Learn more about 72G stock on TipRanks’ Stock Analysis page.