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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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Hexagon AB Sells Shares in Blom ASA

Monday, 30 Sep 2013 02:30am EDT 

Blom ASA announced that Hexagon AB has, through acceptance on September 28, 2013 of the mandatory offer presented by Merckx AS on September 18, 2013, sold 8,424,431 shares in Blom, representing approximately 25% of the outstanding shares and votes in Blom. The shares were sold at a price of NOK 0.10 per share, equal to the offer price under the mandatory offer. Following completion of the sale, Hexagon will hold no shares in Blom, and will through the share sale have reduced its shareholding in Blom from approximately 25% to zero. 

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