Edition:
United States

Nets A/S (NETS.CO)

NETS.CO on Copenhagen Stock Exchange

163.40DKK
15 Dec 2017
Change (% chg)

kr.0.00 (+0.00%)
Prev Close
kr.163.40
Open
kr.162.20
Day's High
kr.163.40
Day's Low
kr.162.20
Volume
517,448
Avg. Vol
611,587
52-wk High
kr.163.90
52-wk Low
kr.105.70

Latest Key Developments (Source: Significant Developments)

Nets: Evergood Extends Offer Period
Friday, 15 Dec 2017 02:43am EST 

Dec 15 (Reuters) - Nets A/S ::REG-NETS A/S: EVERGOOD 5 AS EXTENDS OFFER PERIOD.SAYS EVERGOOD TO EXTEND OFFER PERIOD ‍TO PROVIDE ADDITIONAL TIME TO OBTAIN REGULATORY APPROVAL FROM SWEDISH FINANCIAL SUPERVISORY AUTHORITY​.SAYS ‍OFFER PERIOD IS EXTENDED UNTIL AND WILL NOW EXPIRE ON 1 FEBRUARY 2018​.‍OFFER PERIOD IS EXTENDED UNTIL AND WILL NOW EXPIRE ON 1 FEBRUARY 2018 16:00​.SAYS ‍ONLY PENDING REGULATORY APPROVAL IS CONSENT FROM SWEDISH FSA.​.‍BOARD OF DIRECTORS CONTINUES TO RECOMMEND SHAREHOLDERS OF NETS TO ACCEPT OFFER​.  Full Article

Nets: Approval Received From The Danish FSA
Monday, 11 Dec 2017 10:51am EST 

Dec 11 (Reuters) - Nets A/S ::REG-NETS A/S: APPROVAL RECEIVED FROM THE DANISH FSA.NETS - ON SUBMISSION OF OFFER FOR NETS A/S BY EVERGOOD 5 DANISH FSA APPROVED DEAL.APPROVED ACQUISITION OF A QUALIFIED INTEREST OF 50% OR MORE OF SHARES AND VOTING RIGHTS IN NETS DENMARK A/S​.  Full Article

Nets posts Q3 revenue, adj. EBITDA below expectations
Thursday, 9 Nov 2017 01:49am EST 

Nov 9 (Reuters) - NETS A/S :‍GUIDANCE FOR 2017 IS REITERATED FOR ALL PARAMETERS​.‍EBITDA B.S.I. WAS UP 3.9% COMPARED TO Q3 2016​.‍CAPITAL EXPENDITURE RATIO WAS 8.2% IN Q3 2017 AND 8.9% IN 9M 2017​.‍Q3 ADJUSTED NET PROFIT AMOUNTED TO DKK 442 MILLION​.‍ORGANIC GROWTH IN NET REVENUE WAS 5% IN Q3, DRIVEN BY A SOLID PERFORMANCE IN MERCHANT SERVICES​.‍Q3 ADJUSTED EBIT DKK 654 MILLION VERSUS DKK 637 MILLION YEAR AGO​.Q3 NET REVENUE SEEN AT DKK 1.99 BILLION IN REUTERS POLL, Q3 EBITDA ADJUSTED SEEN AT DKK 789 MILLION IN REUTERS POLL.‍Q3 EBITDA BEFORE SPECIAL ITEMS DKK 775 MILLION ​.Q3 NET ‍REVENUE DKK 1.96 BILLION​.  Full Article

Nets renews deal with Nokas for five years ‍​
Wednesday, 25 Oct 2017 02:28am EDT 

Oct 25 (Reuters) - NETS A/S :RENEWS DEAL WITH NOKAS FOR FIVE YEARS ‍​.  Full Article

Nets says board recommends to accept offer​
Monday, 23 Oct 2017 02:30am EDT 

Oct 23 (Reuters) - NETS A/S ::NETS A/S - ‍"BOARD BELIEVES THAT CASH OFFER OF DKK 165 PER SHARE IS ATTRACTIVE TO NETS' SHAREHOLDERS"​.NETS A/S - ‍OFFER PRICE REPRESENTS AN ATTRACTIVE VALUE WHEN COMPARED TO STRATEGIC ALTERNATIVES AVAILABLE TO NETS​.NETS A/S - ‍BOARD RECOMMENDS THAT SHAREHOLDERS ACCEPT OFFER​.‍SAYS BOARD BELIEVES THAT CASH OFFER OF DKK 165 PER SHARE IS ATTRACTIVE TO NETS' SHAREHOLDERS.​.NETS A/S - SHAREHOLDERS REPRESENTING 46 PERCENT OF NETS HAVE AGREED TO ACCEPT THE OFFER FROM FUNDS BACKED BY HELLMAN & FRIEDMAN‍​.NETS A/S - ‍ANNOUNCES PUBLICATION OF OFFER DOCUMENT​.  Full Article

Nets: agreement with Storebrand Bank renewed - Ritzau‍​
Friday, 20 Oct 2017 01:51am EDT 

Oct 20 (Reuters) - NETS A/S :STOREBRAND BANK RENEWS AGREEMENT WITH NETS - RITZAU‍​.AGREEMENT WITH STOREBRAND BANK WHICH HAS NOW BEEN CONCLUDED, HAS A DURATION OF THREE YEARS - RITZAU‍​.  Full Article

Nets renews contract with yA Bank and Fana Sparebank - Ritzau‍​
Thursday, 19 Oct 2017 02:26am EDT 

Oct 19 (Reuters) - NETS A/S :RENEWS DEAL WITH YA BANK AND FANA SPAREBANK FOR 3 YRS - RITZAU‍​.  Full Article

Nets sets up firm named Smart Payments​
Wednesday, 27 Sep 2017 05:00am EDT 

Sept 27 (Reuters) - NETS A/S ::‍ESTABLISHES A NEW INDEPENDENT INNOVATION COMPANY, SMART PAYMENTS​.  Full Article

Finland's Sampo to invest $274 million in Nets
Monday, 25 Sep 2017 03:01am EDT 

Sept 25 (Reuters) - Sampo Oyj :says will participate as an indirect minority co-investor in the offer by Evergood 5 AS to acquire Nets A/S.says size of Sampo's investment would be 230 million euros ($274 million).  Full Article

Nets receives takeover offer from ‍Evergood 5
Monday, 25 Sep 2017 02:50am EDT 

Sept 25 (Reuters) - NETS A/S ::REG-NETS A/S: NETS RECEIVES TAKEOVER OFFER.‍EVERGOOD 5 PLANS TO SUBMIT A VOLUNTARY RECOMMENDED PUBLIC TAKEOVER OFFER TO BUY ENTIRE SHARE CAPITAL OF NETS FOR DKK 165 PER SHARE IN CASH​.‍SHAREHOLDERS REPRESENTING 46.0% OF NETS' SHARE CAPITAL HAVE AGREED TO ACCEPT OFFER​.‍BOARD OF DIRECTORS DECIDED TO RECOMMEND THAT NETS' SHAREHOLDERS ACCEPT OFFER WHEN MADE, FOLLOWING CAREFUL CONSIDERATION OF ALL OPTIONS AVAILABLE​.‍EVERGOOD 5 AS ( "OFFEROR") IS A NEWLY FORMED COMPANY CONTROLLED BY FUNDS MANAGED AND ADVISED BY HELLMAN & FRIEDMAN LLC​.‍WE BELIEVE OFFER REPRESENTS ATTRACTIVE VALUE TO NETS' SHAREHOLDERS - CHAIRMAN OF NETS​.  Full Article

LPC-Nets sets pricing on jumbo buyout loan

LONDON, Nov 15 Pricing has emerged on a €2.95bn-equivalent(US$3.48bn)leveraged loan financing backing US private equity firm Hellman & Friedman’s DKr33.1bn (US$5.3bn) take-private of payments firm Nets, banking sources said.