Altor extends Sleep Cycle offer
The offer remains SEK 24.5 per share, acceptance extended to 2026-07-02, regulatory approvals obtained, and current acceptance equals 78.0% (including financial exposure); the >90% condition is not yet met.
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European mid-market private equity firm
altor.comLast updated
In short: Altor divested Nordic Leisure Travel Group for SEK 7.94 billion and led significant investments in green steel, solar energy, and hockey equipment.
The offer remains SEK 24.5 per share, acceptance extended to 2026-07-02, regulatory approvals obtained, and current acceptance equals 78.0% (including financial exposure); the >90% condition is not yet met.
The PE firm invested after Thomas Cook's bankruptcy, grew hotels and digital, and becomes shareholder in the combined entity.
The financing from Eiffel and Arkéa will accelerate solar and battery storage growth.
Snark Bidco, controlled by Altor Fund V, offers 24.50 kronor per share in cash.
Nordic Leisure Travel Group operates brands including Ving, Spies and Tjäreborg alongside 26 concept hotels in destinations including Spain and Greece.
Altor makes a bid for smallcap-listed Sleep Cycle, with a bid price of SEK 24.50 per share. This corresponds to a premium of 47 percent compared to the closing price...
Sweden's influential Wallenberg family has stepped in to rescue a troubled green steel project in the north of the Scandinavian country. Stegra, formerly known as...
Cadeler A/S Sponsored ADR ( ($CDLR) ) has issued an update. Cadeler A/S reported on March 31, 2026 that BW Altor Pte. Ltd., a Singapore-based...
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