Construction firm Implenia plans for internal merger
28 February 2024
The Implenia board of directors announced that Ina Invest Holding will merge with subsidiary Ina Invest to 鈥渟implify Ina Invest鈥檚 corporate structure, improving efficiency and reducing costs.鈥
The merger will be proposed at the group鈥檚 annual general meeting on April 3, 2024.
The company is a leading construction and real estate service provider that develops, builds and manages homes, workplaces and infrastructure. It also offers tunnelling and related infrastructure services in other markets.
鈥淔ollowing the merger, Implenia and the public shareholders will hold all shares in the listed Ina Invest Holding directly,鈥 stated Implenia. 鈥淭his does not change the shareholdings.鈥
Implenia said it previously held a minority stake of 42.5% in the subsidiary Ina Invest and will hold a stake of around 40% in the merged Ina Invest Holding.
鈥淚mplenia will continue to hold its strategic stake, work closely with Ina Invest and drive the development of its real estate portfolio,鈥 stated the firm.
鈥淭he shareholding of around 40% does not trigger any obligation for Implenia to make a takeover offer to the other shareholders. The articles of association of Ina Invest Holding are being adapted accordingly.鈥
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