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Fortum launches cash tender offer for Elmera at NOK 47 a share

PUBT·08/21/2026 06:01:29
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Fortum launches cash tender offer for Elmera at NOK 47 a share
  • Fortum launched a voluntary cash offer for Elmera at NOK 47 per share, covering all shares excluding Elmera’s treasury stock.
  • Elmera’s board unanimously recommended the offer, supported by a fairness opinion from ABG Sundal Collier.
  • Offer period runs from Aug. 21 to Sept. 18 at 16:30 CEST, with Pareto Securities acting as receiving agent.
  • Price implies a 59% premium to NOK 29.6 on June 24, based on the last unaffected close on Euronext Oslo Børs.
  • Pre-acceptance undertakings cover about 7.1% of shares, including Gudbrandsdal Energi Holding and Elmera directors and executives.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortum Oyj published the original content used to generate this news brief via Cision (Ref. ID: 20260820:BIT:0253:0) on August 21, 2026, and is solely responsible for the information contained therein.