Copenhagen Capital A/S Receives Conditional Offer Results for NTR Holding A/S

Deal News | Jan 24, 2025 | Globenewswire

Copenhagen Capital A/S Receives Conditional Offer Results for NTR Holding A/S

Copenhagen Capital A/S announced the final results of its conditional voluntary offer to acquire shares in NTR Holding A/S, initially pitched on December 17, 2024. The offer aimed for a control stake requiring at least 50.01% of the voting rights. However, the response yielded acceptances for only 10.09% of the share capital and 7.22% of the voting rights. Due to this, the offer has lapsed. After the offer period ended, Copenhagen Capital A/S acquired additional shares on the market, securing 52.7% of the voting rights in NTR Holding. Consequently, they are mandated to present a compulsory takeover bid by February 13, 2025, adhering to regulatory requirements. The mandatory offer must match the highest price per share Copenhagen Capital A/S paid in the prior six months.

Sectors

  • Private Equity
  • Financial Services

Geography

  • Denmark – Both Copenhagen Capital A/S and NTR Holding A/S are Danish companies involved in this acquisition deal.

Industry

  • Private Equity – Copenhagen Capital A/S is involved in private equity activities, acquiring significant stakes in other companies like NTR Holding A/S.
  • Financial Services – The acquisition process and mandatory offer fall under financial services, encompassing corporate finance activities.

Financials

  • 6.3 DKK per A-share, up to 5.0 DKK per B-share – Price paid for A- and B-shares in NTR Holding A/S by Copenhagen Capital A/S during market acquisition.

Participants

NameRoleTypeDescription
Copenhagen Capital A/SBidding CompanyCompanyCopenhagen Capital A/S is the acquiring entity planning to gain control over NTR Holding A/S.
NTR Holding A/STarget CompanyCompanyNTR Holding A/S is the target of the takeover offer by Copenhagen Capital A/S.