Feb 10 (Reuters) - Public Property Invest ASA PUBLI.OL:
SAID ON MONDAY BOARDS OF DIRECTORS OF PPI AND BOARD OF DIRECTORS OF PPI ASA'S WHOLLY-OWNED SUBSIDIARY SOCIALCO FASTIGHETER 2 AB APPROVED AND SIGNED PLAN FOR CROSS-BORDER MERGER
ALL OF PPI ASA'S ASSETS, RIGHTS AND LIABILITIES WILL BE TRANSFERRED TO PPI AB
PPI ASA WILL BE DISSOLVED AS LEGAL ENTITY AND PPI AB WILL BECOME NEW PARENT COMPANY OF GROUP
SHAREHOLDERS OF COMPANY WILL RECEIVE SHARES IN PPI AB, WHERE EACH A-SHARE AND B-SHARE IN COMPANY ENTITLES HOLDER TO RECEIVE ONE ORDINARY SHARE IN PPI AB
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