Norvik moves closer to acquire Bergs Timber

The extraordinary general meeting of Bergs Timber AB shareholders has been called for December 27 to approve the SEK1.54bn takeover offer from Norvik hf (approximately EUR 135.52 million). The meeting in Stockholm follows Norvik hf shareholders resolving on November 29 to complete the public takeover offer to shareholders of Bergs Timber. Norvik hf originally announced a public takeover offer to Bergs Timber’s shareholders on October 27 through the wholly-owned subsidiary Kivron AB. The total value of the offer, based on all outstanding shares in Bergs Timber, amounts to approximately SEK1.54bn (approximately EUR 135 ...