Brief: Mainstream And Aker Offshore Wind To Merge

Aker Horizons ASA

12/07/2022 06:05

July 12 (Reuters) - Aker Horizons ASA  AKH.OL :
    * MAINSTREAM AND AKER OFFSHORE WIND COMBINE TO CREATE GLOBAL
FRONTRUNNER IN OFFSHORE WIND
    * PARTIES ENETER INTO AGREEMENT TO COMBINE TWO COMPANIES TO
CREATE
STRONGER RENEWABLE COMPANY WITH 27 GW PORTFOLIO
    * AKER OFFSHORE WIND TO BE INTEGRATED INTO INTO MAINSTREAM
GROUP
    * UPON COMLITION AKER HORIZONS' OWNERSHIP IN MAINSTREAM WILL
BE
ABOUT 58.6%
    * TRANSACTION IS EXPECTED TO CLOSE IN AUGUST 2022

Source text for Eikon:  ID:nWkr8Hwlct 
Further company coverage:  AKH.OL 

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