STOCKHOLM, SWEDEN: Truecaller has entered into an agreement to acquire the Israeli company CallHero. The agreed purchase price amounts to USD 4.5 million, of which USD 2.6 million will be paid in cash upon completion of the acquisition and USD 1.9 million through newly issued shares in Truecaller. The purpose of the issue of new…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Yara and Lantmännen sign commercial agreement for green fertilizers
STOCKHOLM, SWEDEN: Yara and Lantmännen are the first companies to sign a commercial agreement to bring fossil free green fertilizers to market. Produced with renewable energy, these green fertilizers are crucial for decarbonizing the food chain and offering consumers more sustainable food choices. Yara, a leading global fertilizer producer, and Lantmännen, northern Europe’s leading agricultural…
Alstom to deliver 200 trains in Norway for €1.8 billion
PARIS, FRANCE: Alstom has signed a framework contract with Norske Tog (NT) for the provision of up to 200 Coradia Nordic regional trains. Valued at over €1.8 billion, the contract constitutes the most significant rail procurement in Norway’s history. The first firm order of 30 trains is worth €380 million. Delivery of Norske Tog’s new…
Royal Unibrew buys remaining 75% stake in Hansa Borg Bryggerier for NOK 3.3bn
FAXE, DENMARK: Royal Unibrew, a brewing and beverage company in Denmark, has entered into an agreement to acquire the remaining 75% of Hansa Borg Bryggerier, which would result in a 100% ownership of the company. Royal Unibrew already has 25% ownership in Hansa Borg Bryggerier. The transaction is based on an enterprise value of NOK 3.3…
Gofore Plc acquires Devecto Oy for EUR 21mn
HELSINKI, FINLAND: Gofore Plc has acquired the entire share capital of Devecto Oy, a company specialised in software development and testing of smart devices and machinery, and related testing systems. The purchase price amounts to EUR 21.0 million, consisting of the debt-free price of the business operations of EUR 20.0 million, and of compensation payable for the…
Eolus to sell its battery storage project in United States to Aypa
HÄSSLEHOLM, SWEDEN: Eolus Vind AB has entered into an agreement with Aypa Power (a Blackstone portfolio company) to sell the stand-alone battery energy storage project Cald (up to 120 MW) located in Los Angeles, California USA. Eolus and Aypa have on December 31st, 2021, entered into an agreement regarding the sale of Cald, an up…
AS Green Cube and Smart Energy Sweden merge to form Greenbit
OSLO, NORWAY: AS Green Cube Innovation Holding and Smart Energy Sweden Group AB have merged their businesses to create Scandinavia’s leading renewable fuel company. The new company, Greenbit, will have 120 fuel stations in Norway and Sweden in addition to a significant B2B business in both countries. The new group will benefit from economies of…
Alzheimer treatment granted fast track designation by the FDA
STOCKHOLM: BioArctic AB’s partner Eisai announced today that lecanemab, an investigational anti-amyloid beta (Aβ) protofibril antibody for the treatment of early Alzheimer disease (AD), was granted Fast Track designation by the U.S. Food and Drug Administration (FDA). The FDA granted Breakthrough Therapy designation for lecanemab in June of 2021. Breakthrough Therapy designation and Fast Track…
Grano to sell its SokoPro business for EUR 45.5mn
HELSINKI, FINLAND: Panostaja’s Grano segment has signed an agreement on the sale of its SokoPro business to the international company iBinder. The sale will be carried out as a share deal and will be preceded by the partial demerger of Grano Oy, a company fully owned by Grano Group Oy, by which the SokoPro business…
BICO Group to acquire Biosero Inc. in a $165mn deal
GOTHENBURG, SWEDEN: BICO Group AB has entered into an agreement with the shareholders of Biosero Inc. to acquire all outstanding shares to an enterprise value of $165 million. Approximately 63 percent of the purchase price will be paid in cash, 21 percent by issuance of the Considerations Shares, and approximately 16 percent will be paid…