Marianne Sahl Sveen
Phone: +47 23 89 40 00
Mobile: +47 90 84 18 97
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Unity Invest AS completed the public take-over of Solvang ASA, the LPG shipping company listed on Oslo Børs, on January 9, 2018. The transaction values Solvang ASA to NOK 813.5 million.
The transaction was structured as a voluntary offer made by Unity Invest AS, on behalf of a take-over consortium consisting of certain existing shareholders in Solvang, including the Steensland family. Following completion of the transaction, Unity Invest now controls 97.15% of the shares in Solvang and has announced an intent to implement a squeeze-out of the remaining shares before making an application to delist Solvang from Oslo Børs.
Arntzen de Besche acted as legal advisor to Unity Invest in connection with the acquisition.
Phone: +47 73 87 12 00
Mobile: +47 41 60 92 29