Skanska decides on compulsory acquisition in Selmer

Skanska decides on compulsory acquisition in Selmer The offer period for Skanska's mandatory offer to acquire the remaining shares in Selmer ASA has expired and will not be extended. Skanska is now the owner of 99.6 percent of the shares in Selmer, after the completion of the mandatory offer. Skanska has decided to acquire all the remaining shares in Selmer not owned by Skanska through a compulsory acquisition. The minority shareholders are offered NOK 110 per share as the redemption price. The redemption price equals the price paid by Skanska under the voluntary and mandatory offer. The minority shareholders will be given a deadline of 31 October 2000 to raise objections to or decline the offer. For further information please contact: Staffan Schéle, Corporate Finance, Skanska AB, Tel +46 8-753 88 00 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/08/16/20000816BIT00580/bit0001.doc http://www.bit.se/bitonline/2000/08/16/20000816BIT00580/bit0002.pdf

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Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 41,000 employees in selected home markets in Europe and North America. Skanska's sales in 2016 totaled SEK 151 billion.

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