Clean Tech East Holding AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Wright Reports
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Clean Tech East Holding AB Acquires Cortus AB; Changes Name to Cortus Energy AB (publ); Appoints New Chairman of the Board
Clean Tech East Holding AB announced that the Extraordinary General Meeting (EGM) of the Company held on January 7, 2013 has approved the Board of Directors' proposal to acquire Cortus AB through a private placement of a maximum of 5,190,000,000 shares to the sellers of Cortus AB. Payment for the shares subscribed shall be made by all the shares in Cortus AB to contribute to the Company as a consideration in kind. The EGM has also resolved to change the Company's name to Cortus Energy AB (publ). In addition, the EGM has decided that new Members of the Board of Directors of the Company for the period until the next Annual General Meeting are Per Olov Norberg, Maria Wetterstrand, Rolf Ljunggren, Ulrik Jansson and Robert Eriksson. Per Olov Norberg has been elected new Chairman of the Board of Directors of the Company.
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