Aker ASA and Aker Horizons ASA announced a merger whereby Aker Horizons' unit, Aker Horizons Holding AS, will merge with a subsidiary of Aker ASA against consideration in the form of shares in Aker ASA and cash to all shareholders in Aker Horizons. Specifically, shareholders will receive 0.001898 shares in Aker ASA and 0.267963 Norwegian Kroner in cash for each share owned in Aker Horizons. The transaction is the result of a strategic review process by the Board of Directors of Aker Horizons.
Also, Aker Horizons has resolved to redeem 100% of the Aker Horizons AS FRN Senior Unsecured 2.5 billion Norwegian Kroner Green Bond 2021/2025 at a call price of 100.37 percent of par, plus accrued unpaid interest.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.