Floatel International: Discontinuation of merger with Prosafe

2020-02-13

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