Merger prospectus declared effective
Statoil's Registration Statement on Form F-4, which includes the prospectus relating to the planned merger of Norsk Hydro's petroleum business with Statoil, was declared effective by the US Securities and Exchange Commission (SEC) yesterday.
The prospectus will be published on Statoil's web site on Tuesday, 29 May.
The prospectus will be sent to all US shareholders of Statoil and Hydro along with the notices of extraordinary general meetings which will discuss the merger plan. Along with the notice of meeting, all other shareholders will receive an international prospectus which is identical to the one sent to US shareholders, with the exception of certain matters pursuant to stock exchange and securities regulations in Norway.