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White Pearl Technology Secures 96.4% Stake in Aixia

MT Newswires·08/11/2026 10:43:36
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10:43 AM EDT, 08/11/2026 (MT Newswires) -- White Pearl Technology Group (WPTG-B.ST) secured 96.4% of Aixia Group's (AIXIA-B.ST) share capital following the completion of its takeover offer for the IT company. Shareholders were offered 5.33 newly issued White Pearl shares and 10 kronor in cash for each Aixia share. The digital transformation services company said Tuesday that 1,519,737 A-shares and B-shares in Aixia were tendered. The settlement and payment of the consideration for the tendered shares are set for Aug. 26. White Pearl will launch a squeeze-out of the remaining Aixia shares and work toward the delisting of the target company from the Spotlight Stock Market.