Uponor Oyj (0KI5.IL)
| Previous close | 28.50 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 28.50 - 28.50 |
| 52-week range | 23.80 - 29.88 |
| Volume | |
| Avg. volume | 26 |
| Market cap | 2.076B |
| Beta (5Y monthly) | 1.18 |
| PE ratio (TTM) | 25.22 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.70 (2.45%) |
| Ex-dividend date | 12 Sept 2023 |
| 1y target est | N/A |
- Reuters
Belgium's Aliaxis withdraws offer for Finland's Uponor
Belgian water management group Aliaxis has withdrawn its public tender offer for Finland's Uponor, the bidder said in a statement on Wednesday. Swiss industrial group Georg Fischer on Monday made a rival offer of 28.85 euros per share, valuing Uponor at 2.1 billion euros, a 12% premium to the Belgian company's bid. "Taking into account the announcement of Georg Fischer's competing public tender offer on June 12 2023, and after thorough review, the offeror has today decided to withdraw its tender offer," Aliaxis said.
- Reuters
Georg Fischer makes rival bid for Finland's Uponor, driving up shares
Swiss industrial group Georg Fischer (GF) on Monday made a rival offer for plumbing and heating systems maker Uponor, driving up the Finnish group's shares with a premium over a bid from Belgium's Aliaxis. GF's offer of 28.85 euros per share valued Uponor at 2.1 billion euros ($2.26 billion), a 12% premium to Aliaxis' 25.75 euro bid, but the Finnish group's shares rose further to 29.38 euros, suggesting more bids may still come. While GF could integrate Uponor even if only a narrow majority of shareholders accept the bid, the Swiss group would prefer owning 100% of the Finnish company, CEO Andreas Muller said.
- Reuters
Finland's Uponor again rejects Aliaxis' takeover bid
COPENHAGEN (Reuters) -Finnish plumbing and heating systems maker Uponor once more rejected a takeover offer from Belgian water management group Aliaxis, saying on Monday the bid had been "insufficient". "The Board unanimously concludes Aliaxis’ current offer is insufficient in light of the company’s value and its future prospects", Hans Sohlström, head of the board committee, said in a statement. The all-cash offer, which was announced earlier on Monday, valued the company at 1.87 billion euros ($2.06 billion) and represented a premium of about 54.7% to Uponor's closing price on April 13, Aliaxis said in a statement.
