Listing prospectus for YIT’s EUR 100 million secured green notes is available and the amendments to the terms of EUR 100 million green notes 2026 have become effective
STOCK EXCHANGE RELEASE JULY 21, 2003 11:00 1(1)
YITS ACQUISITION OF ABBS BUILDING SYSTEMS BUSINESS IN FINLAND APPROVED BY THE FINNISH COMPETITION AUTHORITY
On July 4, 2003 YIT Corporation signed an agreement whereby it purchased from ABB the companys Building Systems operations, which offer technical building systems, property and industrial services in Finland, Sweden, Norway, Denmark, the Baltic states and Russia.
The approval of the competition authorities was required before the deal will enter into force. On July 18, 2003, the Finnish Competition Authority announced that it has approved the acquisition of the Building Systems operations in Finland. "The acquisition neither establishes nor strengthens a dominant market position, which significantly would restrict the competition on the Finnish market or a substantial part thereof", the Competition Authority states in its decision.
YIT CORPORATION
Veikko Myllyperkiö Vice President, Corporate Communications
For additional information, contact: Vice President Veikko Myllyperkiö, YIT Corporation, tel. +358 20 433 2297, veikko.myllyperkio@yit.fi
Distribution: Helsinki Exchanges, principal media, www.yit.fi