Axactor terminates discussions regarding a potential public offer for the company and announces preliminary financial results
Axactor SE (“Axactor” or the “Company”) today announced that it has terminated discussions regarding a potential public offer for the Company that were initiated in Q4 2019. The decision followed receipt of an updated, conditional expression of interest (the “Proposal”), which was submitted after conclusion of due diligence. The Proposal included an offer price of NOK 22 per share. The termination by the Board of Axactor (the “Board”), in consultation with its appointed advisors ABG Sundal Collier and BAHR, was made on the basis of an overall assessment of the Proposal, including the