Fortum Extends Tender Offer Period for Elmera Group Acquisition
Fortum Oyj has extended the acceptance period for its voluntary public cash tender offer for shares in Elmera Group ASA. The offer will now expire in early October.
Energy company Fortum Oyj has extended the acceptance period for its cash tender offer to acquire shares in Elmera Group ASA. The original offer was set to expire on September 18, but the new deadline is now October 2, 2026.
Fortum's wholly-owned subsidiary, Fortum Consumer Solutions AS, launched the conditional offer for all outstanding shares in Elmera Group on August 20, 2026, at a price of NOK 47 per share. The offer was initially scheduled to close today.
Under the terms of the offer, Fortum retains the right to further extend the offer period, with a final deadline no later than October 30, 2026. The company will provide an update on the number of accepted offers in a separate announcement by September 21.
The extension of the offer period may also delay the completion of the transaction. Shareholders wishing to accept the offer must submit their acceptance in accordance with the offer document before the new expiry date.