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Merger Completion between North Energy ASA & North Energy Norge

Source: www.gulfoilandgas.com 11/13/2019, Location: Europe

Reference is made to the stock exchange notice of 26 September 2019 where the Board of Directors in North Energy ASA and North Energy Norge AS approved the merger between the companies.

The creditor notice period has expired and the completion of the merger has now been registered with the Norwegian Register of Business Enterprises.

The merger has been conducted as a parent company merger pursuant to the simplified rules for intra-group mergers as set out in Section 13-24 of the Public Limited Companies Act.

The registration implies that all of North Energy Norge ASí employees, assets, rights and obligations have been transferred to North Energy ASA without consideration and North Energy Norge AS has been dissolved and deleted from the Norwegian Register of Business Enterprises.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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