Regulatory approvals obtained for the acquisition of Sanistål
On 24 May 2022, Ahlsell Danmark ApS (“Ahlsell”) announced that Ahlsell had entered into conditional share purchase agreements (“Share Purchase Agreements”) with Danske Bank A/S, Nordea Bank Abp, Jyske Bank A/S and Nykredit Bank A/S (the “Major Shareholders”) to acquire approximately 75.49% of the shares in Sanistål A/S (“Sanistål”) at a price of DKK 58 per share. In addition, Ahlsell announced that it would make a recommended conditional voluntary public offer (the “Offer”) to purchase the remaining approximately 24.51% of the shares held by all shareholders other than the Major Shareholders (