Fortum Unit Closes Elmera Takeover Offer Period With Up to 92% Acceptances

12:18 AM EDT, 10/05/2026 (MT Newswires) -- Fortum's (FORTUM.HE) Fortum Consumer Solutions closed the extended period for its 47 Norwegian-krone-per-share cash offer for Elmera Group (ELMRA.OL) on Oct. 2, according to a same-day release. Subject to customary verifications of acceptances, the Finnish energy company's unit received tenders for 104,755,535 shares, representing 91.61% of Elmera's share capital and voting rights. Settlement of the offer is expected on or about Oct. 23. Subject to the completion of the offer and the fulfillment of relevant conditions, Fortum Consumer Solutions will begin compulsory acquisition of the Oslo-listed electricity supplier's remaining shares, ahead of plans to delist it from Euronext Oslo Børs.