Brief: Arbitral Tribunal Decides In Favour Of Europris In Dispute

Europris ASA

18/12/2023 15:02

Dec 18 (Reuters) - Europris ASA  EPR.OL :
    * FINAL AWARD IN ARBITRATION CASE BETWEEN EUROPRIS AND RUNOR
(RUNSVENGRUPPEN/ÖOB)
    * ARBITRAL TRIBUNAL DECIDED IN FAVOUR OF EUROPRIS IN DISPUTE
WITH
RUNOR
    * TRIBUNAL DECIDED THAT EUROPRIS' OPTION TO ACQUIRE RUNOR'S
SHAREHOLDING IN RUNSVENGRUPPEN HAS NOT EXPIRED AND CAN THEREFORE
STILL BE EXERCISED
    * EUROPRIS HAS LOOKED FORWARD TO HAVING THIS ISSUE CLEARED,
WILL
NOW BEGIN WORK TO REACH DECISION ON POSSIBLE EXERCISE OF OPTION

Source text for Eikon:  ID:nWkrc0M6lJ 
Further company coverage:  EPR.OL 

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