Ellos announces intention to list on Nasdaq Stockholm
CEO and Chairman comment in Dagens Industri.
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Nordic e-commerce retailer of fashion and home furnishings
ellosgroup.comLast updated
In short: Ellos announced its intention to list on Nasdaq Stockholm after securing new financing and rejecting a 76.50 SEK per share indicative takeover bid.
CEO and Chairman comment in Dagens Industri.
The main shareholders believe that the bid does not reflect the company's full value.
The measures result in savings of approximately 19 million SEK per year and a one-time cost of 7 million SEK.
The decision from the annual general meeting on May 19 was registered and the number of shares decreases to 19.7 million.
In April, the e-commerce group Ellos Group announced that an organizational adaptation would be initiated. The purpose was to increase efficiency and meet the technological development in AI and data-driven...
The merger also entails technical adjustments in the accounting. Among other things, over three million shares are completely withdrawn. To facilitate for smaller shareholders, whose...
Staff reductions are expected at the e-commerce giant Ellos group. It appears in a press release that was sent out on Wednesday, reports...
The board of Ellos Holding has decided on a new direction for the business. The decision means a focus on creating profitability and long-term value. The company...
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