Aneo Declares Arise Offer Unconditional After Securing 92.82% Stake

11:36 PM EST, 12/30/2025 (MT Newswires) -- Nordic renewable energy group Aneo declared its recommended cash offer for Arise (ARISE.ST) unconditional after securing acceptances representing 92.82% of the latter's shares. The initial acceptance period ended on Tuesday, with shareholders tendering a total of 38,002,709 shares priced at 45 krona each, according to a same-day release. Aneo BidCo also secured conditional undertakings from index funds covering a further 1.26% of Arise's shares. Settlement of the shares tendered during the initial offer period will begin on Jan. 12, 2026. Aneo Bidco extended the acceptance period until Jan. 15, 2026, to give shareholders more time, with settlement for shares tendered during the extended period scheduled to start on Jan. 23, 2026.