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General

NextGenTel agrees buy-out offer from 25% shareholder Kistefos

Friday 15 February 2019 | 12:03 CET | News
Norwegian operator NextGenTel has recommended a voluntary cash offer that Telecom Holding 3 intends to make of NOK 14.00 per share for all of NextGenTel's issued and outstanding stock, valuing it at just under NOK 326 million. The offer is a premium of 18.1 percent over the closing price on 14 February and 25.4 percent over the volume-weighted average price in the previous three months.  

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Categories: General
Companies: NextGenTel
Countries: Norway
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