Aker Solutions and AF Gruppen Get Green Light for Decommissioning JV

Source: www.gulfoilandgas.com 9/20/2021, Location: Europe

Reference is made to the stock exchange announcement on July 1, 2021, regarding the letter of intent to merge the two companies’ existing offshore decommissioning operations.

The Norwegian Competition Authority has informed the companies that they have no objections to the merger.

The transaction is subject to due diligence and final board approvals, expected to be completed during the fourth quarter of 2021.


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