Estonia: Infortar makes takeover offer for remaining Tallink shares

Estonian investment holding company Infortar has announced a voluntary takeover offer to acquire all remaining shares of shipping and tourism group Tallink Grupp for EUR 0.55 per share, GlobeNewswire reports. Infortar currently owns 46.76% of Tallink’s shares and seeks to acquire the remaining 53.24%. The offer period runs from 2 July 2024 to 5 August 2024. Infortar does not plan to make another takeover offer afterwards, nor does it intend to delist Tallink shares from the Tallinn or Helsinki stock exchanges following the offer.