Trustee Appointed for the Arbitration Proceedings Concerning the Redemption of Minority Shares in Basware Corporation
Basware Corporation, stock exchange release, August 22, 2022 at 12:00 a.m. EEST Sapphire BidCo Ltd ("Sapphire BidCo") has on 27 July 2022 commenced redemption proceedings in respect of Basware Corporation's ("Basware") minority shares by initiating arbitration proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Basware. Due to Sapphire BidCo's application for the above-mentioned arbitration proceedings, the Redemption Board of the Finland Chamber of Commerce has petitioned