ABG Sundal Collier is acting as exclusive financial advisor to Asetek A/S, in connection with a premium, all-cash public takeover offer from CQXA Holdings Pte. Ltd

On 25 November 2025, Asetek A/S (“Asetek”) and CQXA Holdings Pte. Ltd, a subsidiary of Suzhou Chunqiu Electronic Technology Co., LTD. (“Chunqiu”) listed on the Shanghai Stock Exchange (under ticker code 603890) announced the entering into an agreement pursuant to which Chunqiu will launch a recommended public tender offer of DKK 1.72 per share (the “Offer”) for all outstanding shares in Asetek valuing 100% of the equity at DKK 547.4m.
The Offer Price of DKK 1.72 per share is a result of extensive negotiations and represents:

• a premium of approx.110% to last close as of 24 November, and
• a premium of approx. 156% to the last 12 months volume weighted average share price

Several major shareholders of Asetek have, together with the members of Asetek’s Board of Directors and Executive management, announced their support for the Offer, and subject to certain customary conditions, signed an irrevocable undertaking to accept the Offer and tender their shares, corresponding to 33.4% of the total share capital.
ABG Sundal Collier is acting as exclusive financial advisor to Asetek and the assignment follows the rights issue advisory assignment we successfully concluded in December 2024.