Lifecare Completes Acquisition of 87% Stake in Ocean TuniCell

MT Newswires · 2d ago
01:08 AM EDT, 09/14/2026 (MT Newswires) -- Lifecare (LIFE.OL) completed the acquisition of an 86.7% stake in Ocean TuniCell, according to a Sept. 11 release. The medical sensor company originally agreed to acquire 80% of Ocean TuniCell and later received acceptances from shareholders representing an additional 6.6% stake. Lifecare said its board approved the issuance of 22,650,489 new shares at a subscription price of 0.287 Norwegian krone per share as consideration for the acquired shares. Following the registration of the share capital increase, Lifecare's share capital will increase to 43 million kroner, divided into 430,361,960 shares. Of the new shares, 20,914,068, or 92% of the issuance, carry a nine-month lock-up from completion.