Floatel International: Discontinuation of merger with Prosafe

Floatel International: Discontinuation of merger with Prosafe

Prosafe and Floatel International have mutually decided to discontinue the merger process. The conclusion is that any near-term completion of a value enhancing merger is unlikely.

For further information, please contact:
Peter Jacobsson, CEO, Floatel International AB – Tel: + 46 31 352 07 00; Mob: +46 76 856 36 18
Tomas Hjelmstierna, CFO, Floatel International AB – Tel: + 46 31 352 07 00; Mob: +46 70 261 09 01