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Telenor Seeks To Withdraw From Nasdaq

By Photo of Jason Bates

Telenor ASA will delist from the Nasdaq because the cost of meeting compliance requirements “outweigh the benefits of maintaining a U.S. listing,” the company announced May 22. Telenor expects to file the required form with the U.S. Securities and Exchange Commission by June 11, and the deregistration will be effective 90 days later. Telenor will continue to trade on the Oslo Stock Exchange.

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