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Consortium plans to delist Stork shares in Feb
January 22, 2008 / 12:18 PM / 10 years ago

Consortium plans to delist Stork shares in Feb

AMSTERDAM, Jan 22 (Reuters) - Dutch industrial group Stork NV VMFN.AS and London Acquisition said on Tuesday London Acquisition has settled its 1.5 billion euro ($2.16 billion) offer for Stork and expected Stork’s delisting next month.

Stork and London Acquisition -- made up of private equity firm Candover (CDI.L), Landsbanki Islands LAIS.IC and Eyrir Invest -- said in a statement they expected the last day of trade for Stork to be Feb. 19 as London Acquisition had obtained about 98 percent of Stork shares.

Stork shareholders who did not offer their shares can offer them until Feb. 1, Stork and London Acquisition said. (Reporting by Gilbert Kreijger)

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