NKT — M&A Activity 2017

Feb 27, 2017

Nasdaq Copenhagen
Nikolaj Plads 6
DK-1007 Copenhagen K

27 February 2017
Announcement No. 3

NKT Cables’ acquisition of ABB HV Cables approved by EC
As reported in Company Announcement No. 45 of 21 September 2016, NKT Cables
entered into an agreement with ABB Group concerning the acquisition of the ABB
high-voltage cables business.

NKT Cables has received confirmation from the EU Commission that the merger
control procedure of the transaction has been finalised with a positive result
and that the transaction can be completed as planned. Closing of the
transaction will take place in due course.

Contacts

Investors Press
Lasse Snejbjerg Helle Gudiksen
Tel: +45 2913 6607 Tel: +45 2349 9098