Hafslund - voluntary offer and compulsory acquisition
(WorldNews Norway)

The City of Oslo and Fortum, which combined owns shares representing 87.8% of the capital and 91.3% of voting rights in Hafslund ASA, have notified Hafslund ASA that they have reached the following agreement: The City of Oslo will through a new wholly-owned company make a voluntary offer for the purchase of all shares in Hafslund ASA. The bid price for each A and B share will be NOK 100 less any dividend paid in 2017. This values Hafslund ASA to approx. NOK 19.5 billion. The City of Oslo and Fortum will accept the offer, and...