The Board of Directors of YIT Corporation has approved a demerger plan concerning a partial demerger
STOCK EXCHANGE RELEASE 21 February 2013 at 3.00 p.m.The Board of Directors of YIT Corporation has approved a demerger plan concerning a partial demerger The Board of Directors of YIT Corporation (“YIT”) has on 21 February 2013 approved a demerger plan concerning a partial demerger. According to the demerger plan, YIT will demerge so that all of the assets and liabilities related to YIT’s Building Systems business are transferred to a company to be established in the demerger named Caverion Corporation (“Caverion”). YIT’s Construction Services business will remain with YIT.