Nasdaq Stockholm has approved infrastructure company Infrea’s application for delisting. The last trading day for the share is expected to be 3 November, according to a press release.
The background is that Infrea is merging with Netel through a merger, which is expected expected to be registered with the Swedish Companies Registration Office on 4 November. The merger is carried out through Netel absorbing Infrea. Four shares in Infrea give 17 new shares in Netel.