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Infratek ASA Further Updates on Fund Advised by Triton's Acquisition of Shares in Infratek from Hafslund ASA and Fortum Nordic AB

Tuesday, 23 Jul 2013 11:48am EDT 

Infratek ASA announced in reference to the announcements made by Funds advised by Triton on June 26, 2013 and July 22, 2013 regarding the acquisition by Triton of 48,727,224 shares in Infratek, equalling 76.3% of the issued shares and votes in the Company, from Hafslund ASA and Fortum Nordic AB (Fortum). As previously announced, the completion of the share purchase is subject to approval from the competition authorities in Norway and Sweden. Clearance by the Norwegian competition authorities was obtained after the close of business on July 19, 2013. Triton was informed on July 23, 2013, that the Swedish competition authorities have cleared Triton's share purchase ahead of the initial review period which was to expire on August 2, 2013. The conditions for completion of the transaction with Fortum and Hafslund have accordingly been fulfilled, and completion of the share purchase is expected to take place during the course of the week starting on July 29, 2013. The exact date for completion will be announced when finally agreed between the parties. Triton will upon completion of the share purchase make a mandatory offer to acquire all remaining Infratek shares at a price of NOK 14.00 per share. Further details on the terms and conditions of the mandatory offer will be announced during the course of August 2013. 

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