Fortum and City of Oslo restructure ownership in Hafslund and announce partnership for a greener Oslo
FORTUM CORPORATION STOCK EXCHANGE RELEASE 26 APRIL 2017 8:30 EESTFortum and the City of Oslo have entered into an agreement to restructure theirownership in Hafslund ASA, one of the largest listed power groups in the Nordicregion. The transactions are subject to approval by the Oslo City Council(Bystyret), the necessary regulatory approvals and fulfilment of the customaryclosing conditions. The closing of the transactions is expected during thethird quarter of 2017.Fortum will sell its 34.1% stake in Hafslund ASA to the City of Oslo forapproximately EUR 730 million before the