FilingReader Intelligence

Eiendomsspar's Dalata acquisition nears completion with key approvals

October 7, 2025 at 02:01 PM UTCBy FilingReader AI

Eiendomsspar AS announced a key development in its recommended acquisition of Dalata Hotel Group plc, confirming the European Commission has approved the takeover. This regulatory clearance marks a significant step towards the acquisition's completion, which is being conducted through a Scheme of arrangement under Irish law.

The Oslo-listed company also confirmed that the Irish High Court hearing for the Scheme has been scheduled for October 29, 2025. This court approval is a final condition for the acquisition's implementation.

Eiendomsspar, in conjunction with Pandox AB, expects the acquisition to be declared effective in early November 2025. The initial agreement for the takeover was announced on July 15, 2025, with Dalata shareholders approving the Scheme on September 11, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

OSL:EISPOslo Stock Exchange

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