Aino Health terminates takeover bid
HealthCo Oy now controls 84.2 percent of the shares in Aino Health after having accepted the offer of 0.20 SEK per share.
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Work ability management platform
ainohealth.comLast updated
In short: Aino Health was acquired by HealthCo and posted lower Q2 revenue amid customer expansion.
HealthCo Oy now controls 84.2 percent of the shares in Aino Health after having accepted the offer of 0.20 SEK per share.
The offer was accepted by 1.99 percent of the shares. BidCo now controls 81.39 percent and will pay out consideration around September 21.
The offer of SEK 0.20 per share was accepted by 31.13 percent, and the acceptance period is extended to September 15.
Net revenue fell to 6.7 MSEK in Q2, while the result after financial items was -2.6 MSEK. The company continues its transition to a SaaS model.
The takeover offer from the Healthco consortium for Aino Health will not be extended one more time. The offer is therefore concluded. It emerges from...
Sep. 17 HealthCo Extends Aino Health Tender Offer After Securing 81.4% Control MT Aug. 12 HealthCo Secures 79.4% Control of Aino Health; Tender Offer Extended...
The bidding consortium Healthco controls approximately 79.4 percent of the shares in Aino Health after the acceptance period for Healthco's offer expired on August 10.
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