Aker Solutions and Kvaerner have agreed to merge the companies based on the principle of equal parties. The name of the new company will be Aker Solutions ASA. Kvaerner and Aker Solutions have for many years been successful suppliers to customers operating energy production facilities, especially to oil companies with oil and gas fields.

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Norwegian firms Aker Solutions and Kværner have entered into a merger plan to create an optimized supplier company. The consolidation will take the form of a statutory merger whereby Aker Solutions will absorb Kværner, in accordance with the Norwegian Public Limited Liability Companies Act. Kjetel Digre has been appointed chief executive officer of

both trading days and non-trading days) that commenced August 19 Kvaerner and Aker Solutions have entered into a merger plan, whereby the two entities will join forces to create a new supplier company with a stronger position. Aker Solutions and Kvaerner have agreed to merge the companies based on the principle of equal parties. The name of the new company will be Aker Solutions ASA. Aker Solutions to spin-off offshore wind business amid Kvaerner merger Norwegian contractors to merge as combined Norwegian entity plans big energy transition push 17 July 2020 8:58 GMT Updated 17 July 2020 8:58 GMT OSLO, Norway, July 17, 2020 /PRNewswire/ -- Kværner ASA ("Kvaerner") and Aker Solutions ASA ("Aker Solutions") have entered into a merger plan, whereby the two entities will join forces to create As merger consideration the shareholders of Kværner ASA will receive a number of shares in Aker Solutions ASA based on a volume weighted average price for the shares in Aker Solutions and Kvaerner on the Oslo Stock Exchange during a period of 30 days (incl. both trading days and non-trading days) commencing two trading days after the Aker Solutions shares trades ex the dividend proposed to be 11 Nov 2020 November 11 will be the first day for the Aker Solutions share to be traded after completing the merger with Kvaerner.

Aker kvaerner merger

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The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved. The creditor notification period for the Merger expired on November 9, 2020, in accordance with section 13-17 of the Public Limited Liability Companies Act, without any creditors objecting. September 18, 2020 - Reference is made to the previous stock exchange announcements made by Aker Solutions ASA (“Aker Solutions”) regarding the contemplated merger with Kværner ASA (“Kvaerner”) as further set out in the merger plan dated July 17, 2020 (the “Merger”) and the notice of an extraordinary general meeting in Aker Solutions to be held on September 25, 2020 regarding approval of the Merger plan (the “EGM”). August 21, 2020 - Reference is made to the stock exchange announcement by Aker Solutions ASA (“Aker Solutions”) on July 17, 2020, regarding, among other things, the contemplated merger with Kværner ASA (“Kvaerner”) as further set out in the merger plan dated July 17, 2020 (the “Merger”). The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved. Norwegian firms Aker Solutions and Kværner have entered into a merger plan to create an optimized supplier company. The consolidation will take the form of a statutory merger whereby Aker Solutions will absorb Kværner, in accordance with the Norwegian Public Limited Liability Companies Act. Kjetel Digre has been appointed chief executive officer of Aker Solutions, Kvaerner reveal merger goals.

3 Apr 2002 Gulf of Mexico and on the UK Continental Shelf. Aker Kværner is the company formed from the merger of Aker Maritime and Kværner AS.

The year ended with a sound orderbook, strong market outlook and growth in energy transition  Accelerating the transition to sustainable energy production. Check out why Aker Solutions and Kvaerner are merging to form a stronger and more robust supplier   3 Apr 2021 Norway's competition authority approved yesterday a merger group Kvaerner and Norwegian oil and gas services group Aker Maritime. Aker Solutions Appoints New CEO and Launches Transformation to Spin Off Offshore Wind and CCUS Businesses to Shareholders and Merge with Kvaerner.

Aker kvaerner merger

Under the terms, Aker Solutions absorbed all the assets, rights, and obligations of Kvaerner and Kvaerner was dissolved. Eligible shareholders received 0.8183 Consideration Share for each share in Kvaerner they own as at the expiry of the date of registration of the completion of the merger.

Completion of the merger is subject to approval by the shareholders of each of Aker Solutions and Kvaerner through extraordinary general meetings, expected to be held in September 2020 (the " EGMs As merger consideration, Aker Solutions will issue consideration shares (“Consideration Shares”) to eligible Kvaerner’s shareholders based on exchange ratio determined by the volume weighted average price (“VWAP”) for the shares in Aker Solutions and Kvaerner on the Oslo Stock Exchange during a period of 30 days (incl. both trading days and non-trading days) that commenced 19 August 2020 and ended 17 September 2020. The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved. Pursuant to and in accordance with Article 1 (5) (f) of Regulation (EU) 2017/1129 (the “EU Prospectus Regulation”), Aker Solutions has prepared an “Exempted Document” describing key features of the Merger. Aker Solutions ASA: Notice of Extraordinary General Meeting Regarding Merger With Kvaerner Fri, Aug 21, 2020 08:00 CET. NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Aker Solutions, Kvaerner reveal merger goals. Aker Solutions will absorb all assets, rights and obligations held by Kvaerner if the companies’ respective shareholders approve a planned merger, with Kvaerner subsequently dissolved.

Aker kvaerner merger

November 10, 2020 – Reference is made to the previous stock exchange announcements made by Aker Solutions ASA (“Aker Solutions”) regarding the contemplated merger with Kværner ASA (“Kvaerner”) as further set out in the merger plan dated July 17, 2020 (the “Merger”). The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.
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Aker kvaerner merger

2020 — The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved.

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As merger consideration the shareholders of Kværner ASA will receive a number of shares in Aker Solutions ASA based on a volume weighted average price for the shares in Aker Solutions and Kvaerner on the Oslo Stock Exchange during a period of 30 days (incl. both trading days and non-trading days) commencing two trading days after the Aker Solutions shares trades ex the dividend proposed to be Completion of the Merger is conditional upon, inter alia, the approval by the general meetings in each of Aker Solutions and Kvaerner. Aker Solutions hereby calls for an extraordinary general meeting to be held on September 25, 2020, at 09:00 CEST, whereby, among other things, the approval of the Merger is on the agenda. 10 Nov 2020 The Merger contemplates that Aker Solutions will absorb all the assets, rights and obligations of Kvaerner and that Kvaerner is dissolved. The  9 Nov 2020 Aker Solutions announced plans in July to spin off its offshore wind and carbon capture businesses to shareholders and merge with Kvaerner  11 Nov 2020 EU unveils 2050 carbon neutral vision Aker Solutions and Kvaerner have completed their merger.