Arcus ASA: The Swedish Competition Authority moves its investigation of the combination of Altia and Arcus into phase II
Arcus ASA (“Arcus”) and Altia Plc ("Altia") announced on 29 September 2020 the merger of Altia's and Arcus’ business operations through a statutory cross-border absorption merger of Arcus into Altia (the “Combined Company”). As a result of the merger, all assets and liabilities of Arcus will be transferred without a liquidation procedure to Altia, and Arcus will be dissolved (the "Merger"). The Extraordinary General Meetings of Altia and Arcus, held on 12 November 2020, approved the Merger in accordance with the merger plan approved by the Board of Directors of Altia and Arcus on 29