Montana BidCo Oy’s recommended public cash offer for all the shares of Nordic Lights
On 28 February 2023, Montana BidCo Oy (“Montana”) announced an offer to purchase Nordic Lights Oyj’s shares for 6.30 euros in cash per share. The offer was recommended by Nordic Lights’ Board of Directors.
Montana is a private limited liability company established under Finnish laws, wholly owned indirectly by Methode Electronics, Inc., a company listed on the New York Stock Exchange.
Following the confirmation of Montana BidCo’s redemption right over the minority shares in Nordic Lights, trading in the Nordic Lights shares was suspended and the share was delisted from Nasdaq First North Growth Market Finland on 20 September 2023.
Materials related to the cash offer are available on this page.