Kongsberg NOK 5.0bn rights issue (Rolls-Royce Commercial Marine)
Acquisition of Rolls-Royce Commercial Marine (enterprise value £500m)
- Company
- Kongsberg Gruppen
- Type
- Equity raise
- Status
- Completed
- Date
- Dec 2018
- Value
- NOK 5bn
- US$ equivalent
- US$615m
- Value basis
- Fully underwritten rights issue of 59,990,065 new shares; 25.7% oversubscribed; Norwegian State took up its 50.001% pro rata
- Region
- Norway
- Segment
- Listed equity
Parties
- Kongsberg Gruppen issuer
Key terms
- Structure
- Fully underwritten rights issue of 59,990,065 new shares; 25.7% oversubscribed; Norwegian State took up its 50.001% pro rata
Sources
- Kongsberg Gruppen: EGM notice for the rights issue kongsberg.com · 2018
- Arctic Securities: Kongsberg Gruppen rights issue NOK 4,997 million arctic.com · 2018
Record DEF-INV-2018-0009. Investments are kept apart from the financings register and never counted in debt totals.
