BW Energy Announces Board Statement on the Mandatory Offer for All Shares
Source: www.gulfoilandgas.com 12/15/2023, Location: Europe
BW Energy – BOARD STATEMENT on the mandatory offer for all shares in BW Energy from BW Group.
Reference is made to announcement by BW Group Limited on 13 December 2023 regarding the launch of a mandatory offer for all shares in BW Energy Limited (the "Company") not already held by it (the "Offer").
The board of directors of the Company has prepared a statement and recommendation on the Offer, in accordance with section 6-16 of the Norwegian Securities Trading Act.
The statement and accompanying fairness opinion letter is attached to this notice.