Evolution board urges shareholders to turn down Candle Lake’s SEK695-per-share bid
Shareholders face an offer below Evolution’s current trading price, with the board advising them to decline.
Coverage since 24 August 2026. Open in the feed
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Activity summary: Candle Lake appears in 2 entries across 0 markets. By desk: Deals & M&A 2. Computed from our records only.
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Shareholders face an offer below Evolution’s current trading price, with the board advising them to decline.
Evolution’s board rejection signals to investors that it considers Candle Lake’s mandatory takeover offer below the company’s value.