Norway’s Bonheur ASA and Ganger Rolf ASA will complete their merger on 6 May, with Bonheur ASA as the surviving entity, the companies said in a stock filing.
The last day the two companies will trade separately on the Oslo Stock Exchange will be 4 May, according to the statement.
The merger will be carried out assuming no objections during the creditor notice period.
The boards of Bonheur and Ganger Rolf have agreed on an exchange ratio whereby each Ganger Rolf shareholder will receive 0.8174 Bonheur shares for every one Ganger Rolf share, representing 23.95 % of the combined company on a fully diluted basis.
The new company will have a 100% stake in Fred. Olsen Windcarrier AS, a company providing transport and installation services for the offshore wind industry, and Universal Foundation Norway AS, a turbine foundations provider.