The merger of Exel Sports Oy into its parent company,...

2010-01-21T00:00:00

The merger of Exel Sports Oy into its parent company, Exel Composites, was recorded with the Finnish Trade Register as of Dec. 31. Exel Sports’ assets and liabilities were transferred to Exel Composites without liquidation. No merger payment was necessary, since Exel Composites owned all shares of Exel Sports.

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