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EUROPEAN COMMISSION APPROVES INTENDED TRANSACTION
28.3.2006

On 4 January 2006 Aker Yards and ALSTOM announced their intention to join forces in shipbuilding. Aker Yards has been notified by the European Commission that it has no objections to the intended transaction.

As there are still a number of the already mentioned conditions pending, the transaction is expected to be concluded by the end of April 2006.

 
   
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