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Nordic Lights

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Swedbank Robur, which holds a 5.2% stake in Nordic Lights, rejects the offer: Swedbank Robur will decline the offer for Nordic Lights Group Oyj https://www.swedbankrobur.se/en/share/roburse/news/news-startpage/swedbank-robur-will-decline-the-offer-for-nordic-lights-group-oyj.html
One of Nordic Lights’ customers, Sandvik, reported its Q4’22 results yesterday, Friday. 65% of Nordic Lights’ revenue comes from its ten largest customers, as seen in the prospectus, so one can get relatively good visibility into the company by looking at customer comments. Sandvik...
Peculiar arrangement https://twitter.com/JuhaVaris/status/1647965942276673539?s=20 https://www.inderes.fi/fi/tiedotteet/montana-bidcon-nordic-lights-groupn-osakkeenomistajille-tekeman-julkisen-kateistarjouksen
The deal will go through if it is approved by at least 90% of shareholders: Yle Uutiset – 1 Mar 23 Pietarsaarelaisesta työvalojen valmistajasta ostotarjous: Nordic Lights on... Montana Bid -niminen yritys on tehnyt ostotarjouksen, jossa se tarjoaa osakkeesta 6.30 euroa osakkeelta...
It’s being sold too cheaply, even though this was a clear and potential acquisition target. The announcement states at least the following: “Nordic Lights shareholders, who together hold approximately 56.5 percent of all Nordic Lights shares and votes, have irrevocably committed ...
11.5% premium to yesterday’s price. It wasn’t sold at a very high price. Could a competing offer be possible?
https://twitter.com/zijoittaja/status/1630463744454144000?s=20
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