Orkla exits Gränges in Thursday block
Orkla, a Norwegian supplier of branded consumer goods, sold 11.94m shares in Swedish aluminium firm Gränges on Thursday, through an accelerated bookbuild that raised Skr824m ($100m).
Carnegie and SEB led the deal, which was launched on Thursday night. Through the deal, Orkla has fully exited its position in Gränges.The offering represented 16% of the share capital of Gränges. It was priced at Skr69 a share, a 4.8% discount to Thursday’s closing share price ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org