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 Norske Skog extends consent deadline for the board's recapitalization proposal

Photo: Norske Skog
Photo: Norske Skog
Publicerad av
Simon Matthis - 04 okt 2017

Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 3  October until Thursday 5 October at 17:00 CET.

Norske Skog will use the period up to the new expiration deadline to speed up the continued discussions with the various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to  follow and evaluate the situation thoroughly during this period. 

 - We need some extra time to align initiatives among the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution," said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.

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