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Fortum Conducts Compulsory Acquisition of Remaining Elmera Shares
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01:03 PM EDT, 10/30/2026 (MT Newswires) -- Fortum (FORTUM.HE) conducted a compulsory acquisition of all remaining shares in Elmera Group (ELMRA.OL) not already owned by either company, leaving the Nordic energy company the 100% shareholder. The company will pay a redemption price of 47 Norwegian kroner per share no later than Nov. 5, according to a Friday release. The total consideration for all Elmera shares is 482 million euros. Fortum will consolidate Elmera in its financial statements under the Consumer Solutions segment from Saturday. Fortum plans to delist Elmera from Euronext Oslo Børs, expected in early November.
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