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STX Norway completes Aker Yards share acquisition

STX Norway completes Aker Yards share acquisition

Seoul: STX Norway has announced that it effected a "compulsory acquisition of the shares in STX Europe ASA (formerly Aker Yards) held by minority shareholders" on 23 January 2009. Consequently, STX Norway AS has now become the sole shareholder in STX Europe ASA.

The company is scheduled to hold an extraordinary general meeting on 29 January 2009 at 07.30 CET to put together a proposal to apply for de-listing of its shares from Oslo Stock Exchange.  [27/01/09]

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