Aarhus and Karlshamns Merger Given Shareholder Seal
Shareholders representing 94.3% of the share capital and votes in Aarhus United have accepted the offer and shareholders representing more than 95.7% of the share capital and votes in Karlshamns have accepted the offer.
23/09/05 The merger of specialty fats producers Aarhus and Karlshamns has been given the final seal of approval. Shareholders representing 94.3% of the share capital and votes in Aarhus United have accepted the offer and shareholders representing more than 95.7% of the share capital and votes in Karlshamns have accepted the offer.
All other conditions have also been fulfilled and BNS Industrier consequently completes the offer for Aarhus United and the offer for Karlshamns, Aarhus reported.
Shareholders who have elected to receive a cash portion in excess of 50% will receive 100% of their consideration in cash on the basis of DKK 500 per Aarhus United share. 99.9% of the Karlshamns shareholders elected to receive payment in new BNS Industrier shares.
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