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Yanmar Holdings Reaches Minimum Acceptance Level for Planned AKVA Group Acquisition

MT Newswires·11/09/2026 02:19:56
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02:19 AM EST, 11/09/2026 (MT Newswires) -- Yanmar Holdings' Pontos Bidco surpassed the minimum acceptance threshold under its cash takeover offer for AKVA Group (AKVA.OL) after 92.06% of the latter's shareholders accepted the offer. The aquaculture technology supplier's board is also unanimously backing the offer, according to a Monday release. Pontos Bidco is offering 161 Norwegian kroner per AKVA group share, with the offer period expiring on Nov. 20. The deal still remains subject to regulatory approvals and certain other customary conditions. After acquiring a more than 90% stake in AKVA Group, Pontos Bidco plans to carry out a compulsory acquisition of the remaining shares, followed by the delisting of the company's shares from Euronext Oslo Børs.