Ole Kristian Aabø-Evensen, partner in Aabø-Evensen, takes a closer look at listed M&A transactions in Norway in the third edition of The Lexology Getting The Deal Through: Public M&A 2020. The corona virus left its mark on the listed acquisition market in Norway, and experienced a percentage decrease of as much as 41.6 per cent in the number of announced agreements compared with the same period in 2019. The reported agreement values also fell significantly. The average contract value fell from € 209 million in the first quarter of 2019 to € 33.6 million for the same period in 2020.
Ole Kristian sheds light on developments in the Norwegian listed M&A sphere, and in addition areas such as:
Types of business combinations
Submission and requirements for publication
Relevant share regulations
Duties of board members / controlling shareholders
Despite the lower level of activity resulting from the COVID-19 pandemic, Norwegian M&A could return to higher levels of deal volume once there is more certainty around the ramifications of the virus...