Beskrivning
| Land | Norge |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Informationsteknik |
| Industri | Elektronisk utrustning |
2023-06-21 13:48:34
21 June 2023 - Reference is made to the stock exchange announcement dated 21
February 2023 regarding the receipt of a non-binding offer from an undisclosed
party for the potential sale of wholly-owned subsidiary Elop Technology AS.
Following an extensive evaluation period, Inin Group's board of directors has
decided to not accept the proposal. Going forward, Elop Technology will
collaborate more closely with sister company Nordic Inspekt Group AB.
The above-mentioned proposal included a potential sale of Elop Technology to a
company that will seek a public listing on NASDAQ. If the acquisition were
accepted, it would be settled in a 100 percent share swap in the NASDAQ-listed
entity.
"We believe it is strategically better and financially lower risk for Inin Group
to continue as a focused infrastructure industry investor and own 100 percent of
Elop Technology, rather than become a minority shareholder in Elop Technology as
well as other unrelated businesses that we do not know or control," says Øivind
Horpestad, CEO of Inin Group.
Today, Inin Group consists of four investment platforms: Rail Infrastructure
(97% ownership)