Oslo B?rs has approved a guarantee in accordance with the Securities Trading Act Section 6-22 third paragraph no. 3, in connection with the compulsory acquisition of the shares of Tandberg ASA to Cisco Systems Netherlands Holdings BV without a prior mandatory bid having been made.
Oslo B?rs has furthermore verified that the conditions for compulsory acquisition without a
prior mandatory bid as set out in the Securities Trading Act Section 6-22 third paragraph are met.
Cisco Systems Netherlands Holdings B.V. has decided to perform a compulsory acquisition of the shares of Tandberg ASA.
Source: Millistream