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Saga Pure Initiates Mandatory Offer for SDSD Shares

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Saga Pure Initiates Mandatory Offer for SDSD Shares

S.D. Standard Drilling PLC ( (DE:S1P) ) just unveiled an announcement.

Saga Pure ASA has initiated a mandatory offer to acquire all remaining shares of S.D. Standard ETC Plc at a price of NOK 1.90 per share. This move involves the company’s chairman and requires ongoing disclosure of acceptances, potentially impacting the company’s market dynamics and shareholder decisions.

More about S.D. Standard Drilling PLC

YTD Price Performance: 8.21%

Technical Sentiment Signal: Strong Sell

Current Market Cap: €79.92M

For detailed information about S1P stock, go to TipRanks’ Stock Analysis page.

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