Skanska has reached more than 90 percent acceptances for its offer for Selmer
Skanska has announced today that it has received acceptances of more than 90% of the total number of shares in Selmer ASA. The minimum acceptance level for its voluntary cash offer has therefore been met. Skanska will now proceed with the formal filings with the requisite authorities as soon as possible.
Press Release
May 30, 2000 Skanska has reached more than 90 percent acceptances for its offer for Selmer Skanska has announced today that it has received acceptances of more than 90% of the total number of shares in Selmer ASA. The minimum acceptance level for its voluntary cash offer has therefore been met. Skanska will now proceed with the formal filings with the requisite authorities as soon as possible. As previously announced, shareholders in Selmer who have not yet submitted their acceptance forms can accept the offer until Friday 9th June 2000 4 p.m. Norwegian time. Such acceptances must therefore be received by Den norske Bank (DnB) Verdipapirservice in Oslo before this time. ________________________________________ For further information please contact: Staffan Schéle, Corporate Finance, Skanska AB, Tel +46 8 753 88 00