Biokraft appoints advisers in relation to the potential mandatory offer by 1Vision Biogas
On 18 December 2023 Aneo Renewables Holding AS and St1 Sverige AB announced their intention to consolidate their ownership in Biokraft International AB (publ) ("Biokraft") into a jointly owned limited company, 1Vision Biogas AB (“1Vision Biogas”). The consolidation is conditional on receipt of necessary clearances or approvals by relevant competition and foreign direct investment authorities. 1Vision Biogas expects to receive such clearances or approvals in the first quarter of 2024. Provided that necessary regulatory clearances or approvals are obtained, 1Vision Biogas will own