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Xplora Technologies Updates DORO AB Acquisition Outcome
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Xplora Technologies Updates DORO AB Acquisition Outcome

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Xplora Technologies AS ( (DE:86P) ) has shared an announcement.

Xplora Technologies AS announced a correction in the outcome of its public offer to acquire shares in DORO AB, with the correct acceptance now being approximately 88.32% of the share capital and votes. Despite not reaching the 90% threshold initially intended for a compulsory buy-out, Xplora remains committed to acquiring the remaining shares and potentially delisting Doro in the future, indicating significant strategic moves affecting stakeholders and market positioning.

More about Xplora Technologies AS

Xplora Technologies AS operates in the technology sector and is engaged in providing innovative solutions, with a focus on expanding its market presence through strategic acquisitions.

YTD Price Performance: -3.07%

Average Trading Volume: 9,000

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €113.7M

For a thorough assessment of 86P stock, go to TipRanks’ Stock Analysis page.

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