NEW YORK (dpa-AFX) – According to circles, the connection technology specialist Norma Group (NORMA Group SE) has been targeted by potential takeovers. The company has turned down a number of offers in recent months, the Bloomberg news agency reported on Monday evening (CET), citing people familiar with the matter. Interested parties included Carlyle (The Carlyle Group LP), PAI Partners and Triton.
Norma checked a possible sale with consultants by the end of 2022, the circles said. Despite numerous attempts, Carlyle was flashed off with a noticeable impact. It was unclear whether sales talks would resume. According to the agency, representatives of all the companies mentioned did not want to comment.
Norma’s share price is up 18 percent this year after shrinking by about half in 2022. The company is currently valued at almost 660 million euros on the stock exchange.
The news was well received by investors. On the Tradegate trading platform, Norma shares closed at EUR 20.90 after having previously jumped to EUR 21.90. The closing price in the main Xetra transaction was EUR 20.00./he
Leverage must be between 2 and 20
No data