Royal Unibrew A/S (CPSE:RBREW) agreed to acquire remaining 75% stake in Hansa Borg Bryggerier AS from Nye Borg Bryggerier Holding As for approximately NOK 2.5 billion on January 7, 2022. According to the agreement, 10% of the payment, corresponding to NOK 231 million, will be paid in cash in connection with closing of the deal, while the remaining 90% of the payment will be paid in Royal Unibrew shares. It has been agreed that the share payment will consist of 2.2 million shares, which will be a mix of 0.8 million treasury shares and 1.4 million new shares. The issue of the 1.4 million new shares has been adopted by Royal Unibrew's Board of Directors at a board meeting pursuant to an existing authorization given to Royal Unibrew's Board of Directors by the Annual General Meeting. Closing of the transaction is pending approval from the Norwegian Competition Authority which is expected during H1 2022. As of May 13, All conditions for the transaction are now met. Sveinung Mjaugedal, Kjetil Haare Johansen and Kaja Kaarby of Advokatfirma Dla Piper Norway Da acted as legal advisor for Nye Borg Bryggerier Holding As. John Giæver and Helge Rydning of BDO AS, Financial Advisory Arm provided fairness opinion to Hansa Borg Bryggerier.

Royal Unibrew A/S (CPSE:RBREW) completed the acquisition of remaining 75% stake in Hansa Borg Bryggerier AS from Nye Borg Bryggerier Holding As on May 25, 2022.