Announced
Financials
Tags
Norway
Acquisition
Public
Mbo
Transportation Services
public transport
Pending
Majority
Domestic
Single Bidder
Friendly
Synopsis
NTS shareholders have offered to acquire NTS, a public transport company, for $1.5bn. The rationale for the offer is to seek to protect and further develop share values in NTS by continuing to explore alternatives for the company's shareholders, including selling the shares. The shareholders further wish to improve the corporate governance of the company.
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