Cxense ASA – Announcement of board resolution on cross-border merger between Piano Software B.V. and Cxense ASA

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Following the squeeze-out by Piano Software B.V. (“Piano”) of the minority shareholders in Cxense ASA (“Cxense”) announced earlier today, Cxense hereby announces that its board of directors today has approved a joint merger plan for a cross border merger between Cxense as the transferring company and Piano as the acquiring company.

The proposal implies that Piano, upon expiry of the credit notice periods and after the merger having entered into effect pursuant to both Dutch and Norwegian law, shall take over the assets, rights and obligations from Cxense in their entirety in accordance

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Source: Cxense ASA – Announcement of board resolution on cross-border merger between Piano Software B.V. and Cxense ASA

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