Innofactor Completes Delisting Amid Onni Bidco's Acquisition of Minority Shares
Deal News | Apr 25, 2025 | Globenewswire
In a significant corporate development, Onni Bidco Oy has successfully acquired all minority shares in Innofactor Plc, allowing for the delisting of Innofactor shares from Nasdaq Helsinki. This transaction follows the approval of a security by the arbitral tribunal directed by the Redemption Board of the Finland Chamber of Commerce, effectively enabling Onni Bidco to secure full ownership of Innofactor. As Innofactor is delisted, minority shareholders involved in the redemption proceedings are entitled solely to the redemption price and any accrued interest. Innofactor, known for its dedication to modern digital solutions within the Nordic region, will operate under complete private ownership. The company's shares last traded under ticker symbol IFA1V on Nasdaq Helsinki, marking an end of its public listing phase.
Sectors
- Information Technology
- Financial Services
Geography
- Finland – Both Onni Bidco Oy and Innofactor Plc are Finnish companies, and the transaction involves the Finnish market and its regulatory environment.
- Nordics – Innofactor operates extensively in the Nordic countries, including Finland, Sweden, Denmark, and Norway, offering IT solutions and services.
Industry
- Information Technology – Innofactor operates within the IT sector, focusing on digital solutions and services in the Microsoft ecosystem for commercial and public sectors in the Nordics.
- Financial Services – The transaction details involving the acquisition and delisting of Innofactor from Nasdaq Helsinki fall under financial services, involving corporate finance and shareholder transactions.
Financials
- – The article does not provide specific financial figures related to the deal or redemption price.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Onni Bidco Oy | Acquirer | Company | The company that acquired all shares of Innofactor Plc including the minority shares. |
| Innofactor Plc | Target Company | Company | A leading provider of digital solutions across the Nordic region now fully acquired by Onni Bidco. |
| NASDAQ Helsinki | Regulatory Platform | Company | The stock exchange platform from which Innofactor shares have been delisted. |
| Finland Chamber of Commerce | Regulatory Body | Government | The organization overseeing the redemption proceedings for the minority shares of Innofactor. |