HILLERSTORP, Sweden--(BUSINESS WIRE)--Regulatory News: · Troax Group AB (publ) (”Troax Group”) (STO:TROAX) has initiated a merger process with Troax Corp AB (publ) (”Troax Corp”) with Troax Group as surviving company assuming Troax Corp. · The respective board of directors of the both companies has adopted a merger plan which has also been signed by the auditor of the companies. · No merger compensation will be paid. · The merger is completed for structural reasons in order to avoid dual report