On May 16, Silver Holdings, a newly established company comprising of funds from companies controlled by or related to the CEO or chairman of Solvtrans, made a voluntary offer to acquire all outstanding shares in Solvtrans at a price of NOK 35 (€4.3/$5.8) per share.
As part of this, Silver Holdings acquired 2,099,324 shares in the company Monday as a block, representing approximately 12.2 percent of the outstanding shares and voting rights in the company at a price of NOK 34.40
