Norske Skog extends consent deadline for the board’s recapitalization proposal

Norske Skog has decided to extend the consent solicitation deadline for the ongoing recapitalization proposal from 3 October until Thursday 5 October at 17:00 CET.

Norske Skog will use the period up to the new expiration deadline to speed up the continued discussions with the various stakeholder groups to try to achieve sufficient support for a consensual recapitalization solution for the Norske Skog group. The Board of Directors will continue to follow and evaluate the situation thoroughly during this period.

We need some extra time to align initiatives among the various stakeholders. We believe that the extension of the consent deadline will improve the chances of reaching a solution,” said Mr. Christen Sveaas, Chairman of Norske Skogindustrier ASA.

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