A consortium including a fund managed by $EQT (-15.38%) managed by EQT AB, has made an offer to acquire the Swedish financial services company Fortnox AB. $FNOX Fortnox AB. The price offered is SEK 90 per share, which represents a premium of 38% compared to Fortnox's closing price on March 28, 2025. The deal values Fortnox at a total of approximately SEK 44.5 billion (approx. USD 4.5 billion).
Fortnox-Styrelse (Board of Directors) recommends that shareholders accept the offer, arguing that the company's further expansion can "best succeed in a private environment". The main shareholder Olof Hallrup is also involved in the offer, which underlines the takeover intentions.
