NTR Holding: Copenhagen Capital Issues Mandatory Public Offer to Shareholders
Deal News | Feb 10, 2025 | Globenewswire
Copenhagen Capital A/S, having acquired a 52.7% majority stake in NTR Holding A/S, has fulfilled its legal obligation to extend a mandatory takeover offer to all shareholders of the company. The Danish Financial Supervisory Authority (Finanstilsynet) has approved the offer document, which provides a cash offer to A-shareholders at DKK 6.30 per nominal DKK 2 share and B-shareholders at DKK 5.00 per nominal DKK 2 share. This mandatory offer is made in accordance with Section 45 of the Danish Consolidated Act No. 198 of 26 February 2024 on Capital Markets, ensuring compliance with regulatory requirements. This development highlights the strategic intentions of Copenhagen Capital A/S following its significant acquisition of NTR Holdings shares.
Sectors
- Financial Services
- Investment Management
- Regulatory Compliance
Geography
- Denmark – The activities and regulatory approvals detailed in the article take place in Denmark involving Danish companies and the Danish financial regulatory authority.
Industry
- Financial Services – The article involves a takeover offer by Copenhagen Capital A/S in the financial sector, highlighting financial markets and capital management activities.
- Investment Management – Copenhagen Capital A/S acquiring a majority stake in NTR Holding indicates strategic investment management practices.
- Regulatory Compliance – The involvement of the Danish Financial Supervisory Authority illustrates the importance of compliance with capital market regulations.
Financials
- DKK 6.30 per A-share and DKK 5.00 per B-share – The cash offer made for shares of NTR Holding A/S by Copenhagen Capital A/S.
- 52.7% – Percentage of NTR Holding A/S shares acquired by Copenhagen Capital A/S triggering the mandatory offer.
Participants
Name | Role | Type | Description |
---|---|---|---|
Copenhagen Capital A/S | Bidding Company | Company | The company acquiring a majority stake in NTR Holding and issuing the mandatory offer document. |
NTR Holding A/S | Target Company | Company | The company whose shares are being acquired by Copenhagen Capital A/S, triggering a mandatory offer. |
Finanstilsynet (Danish Financial Supervisory Authority) | Regulatory Authority | Government | The Danish financial regulatory body that approved the mandatory offer document. |