Voluntary offer for 100% of Håg shares


3 January 2006 – Oslo (NOR): Rodane Holding has entered into conditional agreements to purchase 58.7 per cent of the share capital in Håg at a price of $6.93 per share, and intends to put forward a voluntary offer to all shareholders.
The offer, which is conditional upon Rodane Holding achieving ownership of more than 90 per cent of Håg, values the equity of the seat making company at $66.2 million (£38.2 million).