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Cardo applies for delisting

ASSA ABLOY’s public offer for Cardo AB (publ) (”Cardo” or the ”Company”) was declared unconditional on March 10 2011. ASSA ABLOY controls more than 90 per cent of the shares in Cardo and has requested compulsory acquisition in respect of the shares in Cardo that ASSA ABLOY does not own.

As requested by ASSA ABLOY, the Board of Cardo has resolved to apply for delisting of the Company’s shares from NASDAQ OMX...