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Thermwood

Norwegian Applied Technology Proposes Merger to Devold

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






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