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Finwire

Finwire

Fortum has taken full control of Elmera

Energy company Fortum has completed a compulsory acquisition of the remaining shares in Norwegian company Elmera and thus owns 100 percent of the company.

In total, the energy giant has paid EUR 482 million for all shares in Elmera Group.

Elmera is expected to be delisted from the Oslo Stock Exchange at the beginning of November and consolidated into Fortum’s accounts from October 31.

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