From GlobeNewswire: 2025-04-02 01:32:00

A.P. Møller Holding A/S (APMH) has made a voluntary offer to acquire all shares of Svitzer Group A/S for DKK 285 per share. The offer values Svitzer at approximately DKK 9.0 billion, representing a premium of 31.7% compared to the closing share price on Nasdaq Copenhagen. The independent directors of Svitzer unanimously recommend shareholders to accept the offer. The offer is subject to regulatory approvals and is expected to be completed by May 2, 2025. APMH believes delisting and private ownership will better support Svitzer’s growth in a competitive market. Svitzer will remain an independent company under APMH’s ownership.



Read more at GlobeNewswire: APMH Invest makes all-cash voluntary recommended purchase