Brief: Skel Fjarfestingafelag: LoI Signed For Merger Of Samkaup, Heimkaup And Orkan

Skel fjarfestingafelag hf

15/05/2024 10:28

May 15 (Reuters) - Skel fjarfestingafelag hf  SKEL.IC :
    * LETTER OF INTENT SIGNED FOR MERGER OF SAMKAUP, HEIMKAUP
AND
ORKAN
    * EXCHANGE RATIO IN PROPOSED MERGER IS 58.1:41.9
    * SHAREHOLDERS OF MERGING COMPANIES WILL RECEIVE 281,256,454
SHARES IN SAMKAUP
    * SAMKAUP WILL ACQUIRE ALL SHARES OF MERGING COMPANIES

Source text for Eikon:  ID:nGNE4KZqmh 
Further company coverage:  SKEL.IC 

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