Autoliv makes buyout offer
Mar 04, 2010
From wire reports
TALLINN - The Norwegian company Autoliv made a takeover bid to shareholders of Estonian car seatbelt producer Norma on March 1, reports news agency LETA. Autoliv has opened with an offer of 92.31 kroons (5.90 euros) per share to Norma shareholders, which is a premium of 28.3 percent to the closing price of Norma’s shares on the Tallinn bourse at the previous close. Autoliv owns 6,732,000 shares of Norma, representing 51 percent of all shares of Norma and of votes represented by such sha ...
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