Nordic Waterproofing: Kingspan places a board-recommended bid - ABG

Kingspan bids SEK 182.5/shareNWG's board recommends accepting the bidHighly likely the bid will go throughSEK 182.5/sh bid highly likely to go throughNordic Waterproofing's (NWG) largest owner Kingspan places a bid of SEK 182.5 per share, representing a 7% premium to yesterday's closing price. NWG's board has recommended shareholders to accept the bid, and Kingspan already owns 87.4% of shares (according to Holdings). It seems highly likely the bid will go through, and following the end of the acceptance period on 6 March, we expect the stock to be de-listed. In light of the above, we consider the Q4 numbers from this morning to be a non-event.Läs mer på ABG Sundal Collier

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/nordic-waterproofing/Equity-research/2025/2/nordic-waterproofing---kingspan-places-a-board-recommended-bid/