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Provider: Reuters Investment Profile
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Creditors Do Not Oppose YIT Oyj’s Partial Demerger


Thursday, 6 Jun 2013 10:00am EDT 

YIT Oyj announced that in connection with the Company's partial demerger where YIT’s Building Systems business will be transferred to Caverion Corporation, a public limited liability company to be incorporated in the demerger, the National Board of Patents and Registration of Finland gave a public notice to YIT’s creditors for the execution of the creditor protection procedure on February 22, 2013. None of YIT’s creditors have informed the National Board of Patents and Registration of their opposition to the demerger by the due date for the opposition, June 4, 2013, and there are thus no obstacles to the implementation of the demerger. 

Company Quote

4.39
0.086 +2.00%
23 Dec 2014