Novae to delist next week
Novae's life as a publicly traded company is due to end next
Monday, when Axis' £477.6mn ($644.8mn)
scheme-of-arrangement takeover of the UK carrier is scheduled to
become effective.
In a takeover timetable released today, Axis said the court
hearing to sanction the scheme will be held on Thursday.
The acquirer is still awaiting deal approval from the European
Commission (EC), which is expected by 6 October and no later than
18 October.
The EC has, however, cleared Axis to acquire...
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