Brief: Bergs Timber in agreement to acquire all shares in Jarl Timber through non-cash issue

Bergs Timber AB (publ)

03/06/2016 07:01

June 3 (Reuters) - Bergs Timber publ AB  BRGb.ST : 
    * Has entered into agreement to acquire all shares in Jarl Timber AB through non-cash issue 
    * As previously announced, payment for shares in Jarl Timber is intended to be paid in newly 
issued shares in Bergs Timber 
    * Shares in Bergs Timber are proposed to be issued at 2.30 Swedish crowns per share 
    * Shares in Jarl Timber AB are bought from Norvik Hf 
    * Norvik will receive 46,338,430 shares corresponding to 29.0 percent stake in Bergs Timber 
 
 
Source text for Eikon:  ID:nWkrfc3077  
     
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 (Gdynia Newsroom) 
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