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Castellum announces an increased share exchange and cash offer to Entra's shareholders and the sale of a mature stabilized asset portfolio at a 20% premium to book value to Blackstone


Castellum announces an increased share exchange and cash offer to Entra s shareholders and the sale of a mature stabilized asset portfolio at a 20% premium to book value to Blackstone
A. Increased share exchange and cash offer to Entra s shareholders
On November 26, 2020, Castellum Aktiebolag (publ) ( Castellum ) announced the intention to launch a share exchange and cash offer to eligible Entra ASA s ( Entra ) shareholders (the Offer and the Offer Announcement , respectively). Castellum now increases the consideration in the Offer by 13.9%
1 (the Revised Offer ) by offering each eligible Entra shareholder 8 newly issued Castellum shares for every 13 shares in Entra and NOK 54.39 in cash per share in Entra, representing a total value of NOK 185 ....

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