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SATS ASA Announces Liquidation and Loan Settlement for SATS Management Invest AS

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SATS ASA Announces Liquidation and Loan Settlement for SATS Management Invest AS

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The latest update is out from SATS ASA ( (DE:2S0) ).

SATS ASA has announced the liquidation of SATS Management Invest AS and the settlement of loans by HFN Group AS to SATS Management Invest AS and certain shareholders. As part of this process, Sondre Gravir, CEO of SATS ASA, will continue to hold a significant number of shares in SATS ASA, maintaining a strong position following the transaction.

More about SATS ASA

YTD Price Performance: 18.16%

Average Trading Volume: 209

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €539.6M

Find detailed analytics on 2S0 stock on TipRanks’ Stock Analysis page.

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