European Distributed Energy Assets Holding to merge into Otovo AS
OSLO, NORWAY: The board of directors of Otovo AS has announced a merger plan with European Distributed Energy Assets Holding AS (EDEA). On 10 November 2021 Otovo offered an all-share offer for EDEA, and after the completion of the transaction Otovo had increased its ownership from 18.63% to 88.43%. Now in order to optimise the…