Edition:
United Kingdom

KappAhl AB (publ) (KAHL.ST)

KAHL.ST on Stockholm Stock Exchange

19.85SEK
22 Aug 2019
Change (% chg)

0.05kr (+0.25%)
Prev Close
19.80kr
Open
19.80kr
Day's High
19.87kr
Day's Low
19.78kr
Volume
467,813
Avg. Vol
434,742
52-wk High
36.64kr
52-wk Low
13.51kr

Select another date:

Mon, Jul 29 2019

Deals of the day-Mergers and acquisitions

July 29 The following bids, mergers, acquisitions and disposals were reported by 1300 GMT on Monday:

Main shareholder offers to buy out Swedish fashion chain KappAhl

STOCKHOLM Investment firm Mellby Gard, the biggest shareholder in Swedish fashion group KappAhl , on Monday made an offer to buy the rest of the retailer whose profits are under pressure from tough competition in a rapidly changing market.

UPDATE 2-Main shareholder offers to buy out Swedish fashion chain KappAhl

* Mellby Gard sees synergies with other holdings (Adds Mellby Gard CEO comment, share reaction, background)

Main owner Mellby Gard makes bid for Sweden's Kappahl

STOCKHOLM, July 29 Investment firm Mellby Gard said on Monday it had offered to buy fashion retailer Kappahl for 20 crowns per share in cash, valuing the company at 1.54 billion crowns ($161.6 million).

Select another date: