Brief: Måsøval Updates On Demerger And Triangular Merger Process

Masoval AS

19/01/2024 13:32

Jan 19 (Reuters) - Masoval AS  MASM.OL :
    * UPDATE ON THE DEMERGER AND TRIANGULAR MERGER PROCESS
    * RECEIVED BFU WHERE TAX AUTHORITIES CONCLUDE DEDUCTION OF
ASSETS
MEANS THAT INTERNAL REORGANIZATION CANNOT BE CARRIED OUT WITH
TAX CONTINUITY
    * DEDUCTION HAS LIMITED VALUE FOR COMPANY
    * THEREFORE COMPANY WILL REQUEST A NEW BINDING ADVANCE
RULING FROM
TAX AUTHORITIES

Source text for Eikon:  ID:nObiTg68Ca 
Further company coverage:  MASM.OL 

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