Transcription of Aker BPand Lundin Energycombine theiroil and gas businesses
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1 Press release21 December 2021 Aker BPand Lundin Energycombine theiroil and gas businessesAker BP ASA (OsloB rs: AKRBP) and Lundin Energy AB(Nasdaq Stockholm: LUNE) today jointly announced that Aker BP ASA( Aker BP ) and Lundin Energy AB( Lundin Energy ) have entered into a transaction agreement pursuant to whichAker BPshall combine its business with Kommstart 157 AB (publ), 559355-1764( Target ), a newly established Swedish public limited liability companycurrentlywholly-owned by Lundin Energy, which at the time of completion of the Merger(as defined below)shall consist of inter aliaall of Lundin Energy s oil andgas related assets.
producer on the Norwegian Continental Shelf(the “Combined Company”). The Merger will be implemented by Aker BPabsorbing the Target. On 21 December 2021, Aker BP and Lundin Energy have entered into a transaction agreement (the “Transaction Agreement”), pursuant to which Aker BP and Lundin Energyhave agreed to combine parts
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