Stiga Bids for Own Holding Company

STOCKHOLM, Sweden- The board of directors of Stiga Intressenter AB has made a SEK1.247 billion (US$149.5mn;EUR144.9mn) offer to buy out the shares of Monark Stiga, the holding company that comprises bicycles and gardening products, Monark Exercise and Monark Motor. Stiga Intressenter would therefore acquire more than 90% of the share capital and voting rights in