Icelandic group has 43% of Stork

Icelandic investment fund LME, backed by the Marel industrial group, has expanded its stake in Dutch engineering firm Stork to 43.3%.

It is now extremely unlikely that British investment company Candover will succeed it its bid for Stork.
Originally Candover said it would regard its €47 a share offer as successful if 80% of shares were tendered, but later lowered this to 65%.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation