Kongsberg Proposes Stock Exchange Listing
Kongsberg Gruppen ASA, based in Oslo, Norway, has proposed establishing two independent companies to seize global growth opportunities.
The company's board of directors proposes to demerge and list Kongsberg Maritime on the Euronext Oslo Stock Exchange.
Additionally, Kongsberg Defence & Aerospace and Kongsberg Discovery will be consolidated into a single entity, a technology and defence company.
The proposal aims to create two focused companies, each positioned for growth in their respective markets.
This move is expected to enhance the companies' ability to capitalize on global opportunities.
Author's summary: Kongsberg proposes listing maritime business.
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