EDB and ErgoGroup to join forces

Press release
Fornebu
1 minute read
The boards of directors of EDB Business Partner and ErgoGroup have agreed to recommend to their shareholders a combination of EDB and ErgoGroup to create a leading Nordic IT vendor. Telenor Group holds an ownership share of 51.3 per cent of EDB Business Partner.
"We have for a long period of time said that Telenor will support a good and long term industrial solution for EDB Business Partner. This transaction is an excellent opportunity to create a major player in this market. From our point of view, this merger will be beneficial to EDB and its shareholders," said Jon Fredrik Baksaas, President and CEO of Telenor Group.

Please see the press release from EDB Business Partner at: http://www.edb.com

Contact:

Scott Engebrigtsen,
Communication Manager,
Telenor Group,
Tel: +47 90043484,
E-mail: scott.engebrigtsen@telenor.com