The merger between Ã…F and Epsilon approved by relevant competition authorities
2012-11-16 08:31:52 -
For further information:
Viktor Svensson, Director, Corporate Information +46 70 657 20 26
Ã…F AB ("Ã…F") has received competition approvals from the Swedish and Norwegian
competition authorities concerning the merger with Epsilon Holding AB (publ)
("Epsilon").
As previously announced, Ã…F entered into an agreement with Danir AB ("Danir") on
17 October 2012 to acquire all shares in Epsilon. Under the agreement, the
acquisition is conditional upon, amongst other things, approvals by relevant
competition authorities. On 15 November 2012, Ã…F received approval of the
acquisition of Epsilon from the Swedish competition authority. The Norwegian
competition authority has previously approved the acquisition. The condition
regarding approvals from relevant competition authorities has thus been
satisfied.
The acquisition of Epsilon is also conditional upon necessary approvals by the
Ã…F Extraordinary General Meeting, including approval of the acquisition and
resolution to authorise the Board of Directors to decide on a new issue in kind
of 5,985,915 shares of class B in Ã…F to Danir. The Extraordinary General Meeting
will be held on 19 November 2012.
Corporate Information
Ã…F AB
The Ã…F Group is a leader in technical consulting, with expertise founded on more
than a century of experience. We offer highly qualified services and solutions
for industrial processes, infrastructure projects and the development of
products and IT systems. The Ã…F Group currently has close to 5,000 employees.
Our base is in Europe, but our business and our clients are found all over the
world.
The information contained in this press release is such that Ã…F is required to
disclose pursuant to the Swedish Securities Markets Act. The information was
submitted for publication on 16 November 2012 at 08.30 CET.
Press release (PDF):
hugin.info/1253/R/1658547/536732.pdf
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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.
Source: Ã…F AB via Thomson Reuters ONE
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