Evolva and Arpida sign definitive combination agreement

Arpida Ltd. (SIX: ARPN) has today announced that Evolva and Arpida have entered into a definitive agreement to combine their businesses. The combination agreement sets out the details of the proposed transaction and has been approved by the Boards of Directors of both companies. The combination is subject to the satisfaction of certain closing conditions such as approval by the Arpida shareholders. Arpida’s Extraordinary General Meeting will take place on 26 November 2009.

Read the full announcement on Arpida Ltd website.