The Board of Directors in CashGuard AB (publ), listed on the OMX Nordic Exchange Stockholm, and the PSI Group ASA, listed on the Oslo Exchange, has entered into an agreement to implement a cross-border merger. The largest shareholders in both companies support the merger, which is proposed to be implemented with PSI as the acquiring company. On the international technology market the merger between PSI and CashGuard will form a leading company.
The new company will have its primary listing in Norway but will apply for a secondary listing in Sweden. The merger must be approved by both companies' general meetings, which are estimated to be held in early June 2008, and the approval of relevant competition authorities.
Vinge’s team included Johan Cederlund, Pontus Enquist and Lennart Larsson, among others.