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Offer should be sufficient to take company private

Purmo GroupResearch29.04.2024, 08.18
Rauli JuvaAnalyst
Discuss
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A takeover bid for Purmo was announced on Friday, offering owners a cash price of EUR 9.91 per share. Even at the price offered, Purmo's valuation remains moderate, but we do not expect a competing offer. The high commitment rate makes a successful bid highly likely. We raise our target price to EUR 9.91 in line with the offer.

Forum discussions

Yields also arrived (at least in Nordnet). They would accumulate to €0.618529/share.
6/13/2025, 12:25 PM
by Roni
1
Money from Purmo arrived in the account today, i.e., €11.98/share (according to the arbitration award). Interest was not yet visible in Nordnet...
6/13/2025, 8:28 AM
by MisterWiller
3
Yes, it is indeed a very small increase, when considering the total funds used for the acquisition of Purmo. Roschier’s billing is also presumably...
5/28/2025, 5:45 PM
by Tmpr2000
3
It is certainly possible, but it’s worth remembering that we are talking about an increase of 0.8 million when the total price of the tender...
5/28/2025, 4:53 PM
by Critter
2
Significant increase in the buy-out price. Is it realistic for Bidco to appeal this ruling?
5/28/2025, 4:45 PM
by Tmpr2000
1
The arbitration award was sent today by email to minority shareholders who had actively registered. Within two weeks, the award will be registered...
5/28/2025, 10:54 AM
by Critter
2
Well, I’ll have to look into the decision. Did you have a link where I could find the information? I couldn’t find it with a quick Google search...
5/28/2025, 10:13 AM
by Satunnaisotanta
0