SKEL fjárfestingafélag hf.: SKEL and Samkaup agree to continue exploratory negotiations
22 Marzo 2024 - 8:25AM
UK Regulatory
SKEL fjárfestingafélag hf.: SKEL and Samkaup agree to continue
exploratory negotiations
On 19 January 2024 it was announced that SKEL
fjárfestingafélag hf. (“SKEL”) and Samkaup hf.,
id. 571298-3769 ("Samkaup"), had signed joint
statement on the launch of exploratory negotiations toward a
potential merger between Samkaup, Orkan IS ehf., Löður ehf.,
Heimkaup ehf., Lyfjaval ehf.
When the joint statement was signed, it was
agreed that the results of these negotiations would be finalized by
22 March 2024. However, since the negotiations between the parties
are ongoing and still subject to the overall assessment of
commercial and competitive considerations, the parties have agreed
to continue exclusive negotiations until 15 May 2024.
For more information, please contact Ásgeir
Helgi Reykfjörð Gylfason at fjarfestar@skel.is.
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