Voluntary offer made
Karo Pharma AB has made a voluntary offer to acquire all shares in Weifa. As DNB Markets has been engaged by Karo Pharma AB as a financial advisor in connection with the deal, we now have no recommendation (previously BUY) or target price (previously NOK35) on Weifa.
DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.
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