Methode completes tender offer for shares of nordic lights group corporation

Chicago, april 20, 2023 (globe newswire) -- methode electronics, inc. (nyse: mei), a leading global supplier of custom-engineered solutions for user interface, led lighting system and power distribution applications, announced that, further to the press release on april 19, 2023 declaring its public tender offer for all the outstanding shares in nordic lights group corporation unconditional, it has today settled the consideration due to tendering shareholders and acquired 80.7 percent of the share capital of nordic lights. methode intends to acquire all of the outstanding shares of nordic lights and apply for its delisting from nasdaq first north growth market finland.
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