"The merger will bring the work of realising the values (within Rokke's holdings) to a conclusion," Aker said.
Under the terms of the deal, Kvaerner would merge with a fully-owned unit of Aker and Kvaerner shareholders would be paid in Aker shares, with one Kvaerner share equal to 1.0935 Aker A shares.
Following the planned merger, Aker would pay a cash dividend to all shareholders of Nkr14 ($2.1)