Kongsberg Proposes Stock Exchange Listing
Kongsberg Gruppen ASA, Oslo, Norway, proposes the establishment of two focused and independent companies to seize global growth opportunities.
The company's board of directors proposes to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange, while consolidating Kongsberg Defence & Aerospace and Kongsberg Discovery into a single entity.
The company is positioned to seize global growth opportunities within their respective markets.
This consolidation aims to create a technology and defence company.
Author's summary: Kongsberg proposes listing its maritime business.