The EU Commission has approved Orkla ASA's acquisition of Chips Abp

04.03.2005: On 3 March 2005 the EU Commission approved Orkla ASA's ("Orkla") acquisition of Chips Abp ("Chips").

As of 2 March 2005, the share purchase offer had been accepted by shareholders who, together with "Orkla", own a total of 96 % of the shares and 97 % of the votes in "Chips".
 
The offer period expires today, 4 March 2005, and Orkla will publish information on the preliminary results of the offer on 7 March 2005.