
Spir Group Posts Margin Gains as Bidco Clover Moves to Take Company Private

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Spir Group ASA reported a 1.1% year-over-year revenue increase to NOK 204.1 million for Q4 2025, with gross margins rising to 61.1%. The growth was driven by the Ambita segment, despite challenges from a weak housing market. Bidco Clover AS has launched a cash offer for Spir Group, securing 90.29% of shares at NOK 8.567 each, leading to a potential delisting from the Oslo Stock Exchange. This move aims to enhance Spir Group's strategic flexibility in the Nordic property data market.
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