Fortum's voluntary cash tender offer for all outstanding shares in Norwegian energy retail company Elmera Group ASA is nearing its expiration on September 18, 2026. The offer, made by Fortum's wholly-owned subsidiary Fortum Consumer Solutions AS, is for NOK 47 per share.
As of September 17, 2026, Fortum has received acceptances for approximately 20.95% of Elmera's share capital and voting rights. The offer's completion is contingent upon reaching a minimum acceptance level of over 90% of Elmera's fully diluted share capital. Elmera's board has unanimously recommended the offer to its shareholders.