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Today's Brief

Devold of Norway AS

private/Fenix Outdoor International AGprivate

Fenix Outdoor to acquire 35% minority stake in Devold for €9.6M

CashPre-proxyhigh confidence

Merger Arbeconomics, downside, days

Deal value

cash

Per-share offer

9.6 MEUR in cash for 35% stake

Premium

Days to close

Term fee

Spread Calculator

Manual price entry · saved per ticker

Offer
Gross spread
Spread %
Annualizedno close date
ConsiderationCash
Detail9.6 MEUR in cash for 35% stake
AnnouncedApr 28, 2026
Days outstanding80d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing conditionNo — fully committed
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 28, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote

No shareholder vote required for this transaction.


Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups
1 done · 0 pending · 1 total
  • Financing· No financing condition

Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

No advisor data on record for this deal.


Sources

Fenix Outdoor International AG signed a term sheet to acquire the outstanding 35% minority stake in Devold of Norway AS from the Flakk Group for €9.6 million in cash. Fenix Outdoor currently holds 65% of Devold since March 2025 and will own 100% upon closing. The acquisition supports Fenix Outdoor's ability to expand the Devold brand outside its core markets of Norway and Germany.

Item id: 5a2d8dae-427c-40f0-af6b-47e398f53782 · ingested Apr 28, 2026