Norwegian Applied Technology Proposes Merger to Devold
28 June 2000
28 June 2000
Norwegian Applied Technology ASA (NAT) has proposed a merger between its subsidiary NAT-Recovered Mud & Diesel AS and Devold AMT AS. The transaction involves Devold shareholders receiving a consideration of 66,947,365 shares in NAT. The proposed merger would be a first step in creating a leading composites manufacturer