As earlier communicated, BillerudKorsnäs entered into a merger agreement with
At a special meeting of Verso's shareholders held today, holders of the requisite majority of Verso's outstanding shares of common stock voted to adopt the merger agreement and approve the transaction.
BillerudKorsnäs expects the transaction to close in late-March or April of 2022, subject to the satisfaction of customary closing conditions, including the receipt of remaining regulatory approvals from the
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This information was submitted for publication, through the agency of the contact persons set out above, at 17.30 CET on
Forward-looking statements
This press release contains forward-looking statements that reflect BillerudKorsnäs' current expectations and views of future events and developments, including statements relating to the expected timing of closing of the proposed transaction and satisfaction of closing conditions. The forward-looking statements should be read in conjunction with the other cautionary statements that are included elsewhere, including BillerudKorsnäs' most recent annual and quarterly reports available at www.billerudkorsnas.com and Verso's most recent annual report on Form 10-K, quarterly report filed on Form 10-Q, and reports filed on Form 8-K, and any other documents that BillerudKorsnäs or Verso has made publicly available or Verso has filed with the
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