Innofactor Monday’s riser due to the purchase offer – Day of rise in the stock exchange

On Monday, the general index of the Helsinki stock exchange ended with a 1.3 percent increase to 9905.67 points.

The most traded stock of the day was Nokia, whose share ended with a 2.3 percent increase to 3.45 euros. Most of the list of the twelve most traded stocks was on the rise.

It was at the top of the rise at the end of trading Innofactorwhose share rose 47.11 percent to 1.66 euros on Monday.

A takeover bid for Innofactor, which is focused on the Microsoft ecosystem’s solution offering, was announced on Monday before the stock market opened.

Good luck Bidco announced a voluntary recommended public cash tender offer for all shares of Innofactor. CapMan Growth– a fund managed by the investment company and the main owner of Innofactor Sami Ensio formed a consortium for the purchase.

Innofactor’s shareholders will be offered a cash consideration of EUR 1.68 per share. The offer consideration includes a premium, which is approximately 49.3 percent compared to the share’s closing price on July 19. i.e. on the last trading day immediately preceding the announcement of the purchase offer.

At the top of the list was a brand company Fiskarswhose share ended with a 4.0 percent decrease to 16.24 euros.

A software company QPR Software has appointed Taru Mäkinen as its new CFO. Master of Business Administration Mäkinen will start his position and as a member of the management team in October.

Mäkinen has more than 20 years of experience in various management positions in financial administration. He has most recently served as CFO Casambi Technologiesilla and before that With Efecte.

On Monday, QPR Software’s share ended down 1.4 percent to 0.57 euros.

Machine shop group Roots said he would buy an Australian Jindex Pty Ltd:of. Privately owned Jindex specializes in valves and flow control.

The acquisition is scheduled to be completed in August 2024. The purchase price will not be disclosed.

Metso’s share ended up 1.2 percent to 9.75 euros.

Contract manufacturer for the engineering industry compound informs that he is buying Fortaco Groupilta The business operations of the Kalajoki factory and the Sepänkylä machining and service center, including their current and fixed asset items. The purchase price is approximately EUR 2.8 million.

Componenta’s share ended with a 1.7 percent increase to 2.98 euros.

Banking group Nordic according to the announcement to the market Norges Bankin the holding in the company has risen to a total of 5.03 percent on July 18.

Nordea received the notification pursuant to Chapter 9, Section 10 of the Securities Market Act on July 19, 2024.

Nordea’s share ended with a 2.6 percent increase to 10.80 euros.

Source: www.arvopaperi.fi