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New Deal


Announced

NTS shareholders have offered to acquire NTS for $1.5bn.

Financials

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Transaction Value£1,099m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium13%
One Off Charge-

Tags

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Norway

Acquisition

Public

Mbo

Transportation Services

public transport

Pending

Majority

Domestic

Single Bidder

Friendly

Synopsis

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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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