Printer Friendly

Nilfisk responds to filing by major shareholder with US SEC.

M2 EQUITYBITES-December 15, 2017-Nilfisk responds to filing by major shareholder with US SEC


Nilfisk Holding A/S (CPH:NLFSK) announced on Thursday that it is aware of a public filing made by one of its major shareholders, PrimeStone Capital LLP, with the US Securities and Exchange Commission on 13 December 2017.

Under this filing, PrimeStone Capital has notified its acquisition of a major shareholding in Tennant Company (NYSE: TNC). This filing includes a recommendation for a merger between Tennant and Nilfisk.

PrimeStone Capital LLP has made Nilfisk aware of its filing and initiative.

Nilfisk added that its s strategy continues to be to simplify its business and to grow organically and through M&A.

Nilfisk Holding, through its subsidiaries, produces and sells cleaning products such as floor care equipment, vacuum cleaners, high pressure washers and detergents. It serves agriculture, automotive, beverage, construction, ceramics, chemical, electronics, health care, hospitality, textile and pharmaceutical industries.

((Comments on this story may be sent to

COPYRIGHT 2017 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Dec 15, 2017
Previous Article:Invesco Mortgage Capital declares common and preferred stock dividends for Q4 2017.
Next Article:Centene Corporation updates 2018 outlook & affirms 2017 guidance.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters