Wiersholm acts for Statoil ASA in connection with the bid for Statoil Fuel & Retail ASA

Wiersholm assists Statoil ASA in connection with the bid for Statoil Fuel & Retail ASA

Wiersholm acts for Statoil ASA in connection with Alimentation Couche-Tard Inc.’s announced public offer to acquire all shares in Statoil Fuel & Retail ASA at a consideration of NOK 53 per share. The transaction values Statoil Fuel & Retail at NOK 15.9 billion. Statoil ASA has, subject to certain conditions, pre-accepted the offer in respect of its 54 per cent stake in Statoil Fuel & Retail ASA.

Statoil Fuel & Retail ASA is a leading Scandinavian road transport fuel retailer with over 100 years of operations in the region. It has a broad retail network across Scandinavia, Poland, the Baltics, and Russia with approximately 2,300 full-service (fuel and convenience) or automated (fuel only) stations.

Statoil ASA is an international energy company with operations in 36 countries. Statoil is headquartered in Norway and has approx. 21,000 employees worldwide. The Statoil share is listed on the New York and Oslo stock exchanges.

Click here to read Statoils stock exchange release

Click here to read Statoil Fuel & Retails stock exchange release