Wilh. Wilhelmsen completes Treasure ASA takeover, initiates compulsory acquisition

Wilh. Wilhelmsen Holding ASA (WWH ASA) completed its cash offer for Treasure ASA, securing approximately 98.67% of outstanding shares and voting rights after the offer period expired on December 4, 2025. The offer price was NOK 39.50 per share.

Following the successful offer, WWH ASA resolved to initiate a compulsory acquisition of all remaining shares in Treasure ASA, effective December 4, 2025. This acquisition sets the offer price at NOK 39.50 per share, mirroring the initial offer, making WWH ASA the sole owner.

Settlement for the compulsory acquisition is expected around December 12, 2025. Former shareholders have until February 13, 2026, to object to or reject the offer price.