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Orkla ASA: Agreement on acquisition of Rieber & Søn


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-03-05 08:34:14 -

We refer to the notice to the Oslo Stock Exchange dated 20 August 2012 regarding
Orkla's acquisition of Rieber & Søn.

The EU Commission has on 4 March 2013 approved Orkla's acquisition of Rieber &
Søn. The Norwegian part of the transaction has been transferred to the Norwegian
Competition Authority and the EU Commission's conclusion therefore does not
include Norway.

The Norwegian Competition Authority has notified that they need some more time,
and will consequently notify the parties that intervention may take place which
is a statutory requirement in order to continue processing beyond the first 25
working days. We are not aware of any circumstances that would indicate that the
transaction cannot be completed.

We are working with the Norwegian Competition Authority to ensure that the
matter is clarified as quickly 
as possible also where Norway is concerned, and hope for a clarification in the course of March. However, it cannot be ruled out that it will take a little longer due to the Norwegian Competition Authority's administrative procedures. Orkla ASA Oslo, 5 March 2013 Contact: Håkon Mageli, EVP Communication and Corporate Affairs Tel: +47 928 45 828 Anders Kalleberg, Investor Relations Tel: +47 990 42 498 This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Orkla ASA via Thomson Reuters ONE [HUG#1682972]


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