Geveran Trading Co Ltd has made a mandatory offer to acquire all the shares in Norwegian Property ASA. The offer values the shares of Norwegian Property ASA at approximately NOK 5.5 billion. Thommessen advises Norwegian Property ASA in connection with the offer.
Norwegian Property ASA is listed on the Oslo Stock Exchange and is a focused and fully integrated real estate company with 39 properties located in the Oslo area and Stavanger in Norway.
Please read the stock exchange announcement in its entirety by following this link.
In 2014 Thommessen has acted on all capital market transactions within the real property industry related to shares on Oslo Stock Exchange. In addition to the assistance to Norwegian Property ASA, Thommessen has in 2014 acted for Entra ASA in its IPO, and BWG Homes ASA in conncection with the takeover-offer from OBOS.