Biokraft informs about Aneo Renewables Holding AS and St1 Sverige AB's intention to consolidate their shareholdings in Biokraft
Aneo Renewables Holding AS and St1 Sverige AB have today 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 subject to approval from relevant competition authorities and foreign direct investment (FDI) authorities and will not be completed until approvals have been obtained. If such approvals are obtained, 1Vision Biogas' holding will amount to approximately 55 percent of the shares and votes in Biokraft, thereby exceeding the threshold