Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Reiten & Co becomes a major shareholder in Navamedic ASA
November 23, 2018

Norwegian PE firm Ingerø Reiten Investment Company has acquired 2.916.667 shares in Navamedic ASA, representing an ownership of 26.84% in the company thus becoming the largest shareholder. The vendor is Private investor Rikard Storvestre. The purchasing price is app. NOK 37m. Navamedic is a Norwegian publicly-listed medicine technology and pharmaceutical company reporting sales of NOK 258m with EBIT of NOK -17m in 2017.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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