Billion SEK bid for Cint

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Billion SEK bid for Cint
Photo: Depositphotos

Cint's board unanimously recommends that shareholders accept the offer.

The bidder is offering SEK 5.60 per Cint share in cash, valuing the company's outstanding shares at almost SEK 2 billion.

The bid represents a 33 percent premium to Cint's closing price on the Stockholm Stock Exchange on Friday.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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