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NextGenTel agrees buy-out offer from 25% shareholder Kistefos
2019-02-15 12:03:00| Telecompaper Headlines
(Telecompaper) Norwegian operator NextGenTel has recommended a voluntary cash offer that Telecom Holding 3 intends to make of NOK 14.00 per share for all of NextGenTel's issued and outstanding stock, valuing it at just under NOK 326 million. The offer is a premium of 18.1 percent over the closing price on 14 February and 25.4 percent over the volume-weighted average price in the previous three months.
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Category:Telecommunications