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Skanska and Aker to coordinate the divestment of their shareholdings in Scancem

1/18/1999 12:00 AM CET
Press release

Skanska and Aker have agreed to start a coordinated process to divest their shareholdings in Scancem. Between them, Skanska and Aker own shares in Scancem representing 90.8 percent of the votes and 73.5 percent of the share capital in the company. The two companies will seek to secure an offer for an exit on the same terms also for other shareholders in Scancem.

PRESS RELEASE, JANUARY 18, 1999                         07/99

Skanska and Aker to coordinate the divestment of their shareholdings in Scancem

Skanska and Aker have agreed to start a coordinated process to divest their shareholdings in Scancem. Between them, Skanska and Aker own shares in Scancem representing 90.8 percent of the votes and 73.5 percent of the share capital in the company. The two companies will seek to secure an offer for an exit on the same terms also for other shareholders in Scancem.

The intended coordinated divestment will be carried out in compliance with Skanska´s undertakings with the European Commission, as set out in the settlement proposal accepted by the Commission in November 1998.

 

Danderyd, January 18, 1999

SKANSKA AB
Corporate Communications

 


For further information, contact:
Anders Nyrén, CFO, Skanska AB, phone 46-8-753 753 8800
Cecilia Schön, SVP Corporate Communications, Skanska AB, phone 46-8-753 8799