Delete Group announces timeline of the restructuring measures
HELSINKI, FINLAND: Delete Group Oyj together with its financial adviser, ABG Sundal Collier ASA, initiated certain restructuring measures. On 15 January 2021, Delete announced that...
SEB revises financial targets to support customers through increased financial flexibility
STOCKHOLM: Skandinaviska Enskilda Banken (SEB) Board of Directors has revised the financial targets for the group, with the objective to create further financial flexibility to...
Mortgage Society of Finland’s credit ratings affirmed and outlook revised to stable
HELSINKI: On January 22, 2021 S&P Global Ratings (S&P) changed the trend of economic risk for Finland’s Banking Industry Country Risk (BICRA) to stable from...
EQT joins forces with Exeter Property Group
STOCKHOLM: EQT AB announced the signing of a combination with Exeter Property Group, a leading global real estate investment manager with more than USD 10bn...
Sale of BankNordik’s Danish activities to Spar Nord approved
COPENHAGEN: The Danish FSA and the Danish Competition and Consumer Authority have approved the sale of BankNordik’s Danish activities to Spar Nord. On 22 December...
Merger of Nykredit Realkredit and LR Realkredit
COPENHAGEN: Today, the merger of Nykredit Realkredit A/S and LR Realkredit A/S was adopted by the general meetings of Nykredit Realkredit A/S and LR Realkredit...
Mikko Koskimies appointed CEO of eQ Plc
HELSINKI: eQ Plc’s Board of Directors has decided to appoint Mikko Koskimies as CEO of eQ Plc. Mikko Koskimies acts currently as the Managing Director...
Skanska divests Sörred Kubiklager in Gothenburg for about SEK 265 million
STOCKHOLM: Skanska has sold the logistics property Sörred Kubiklager at Hisingen in Gothenburg, Sweden for about SEK 265 million, a news release said. The sale...
Elekta divests its stake in ViewRay
STOCKHOLM: Elekta AB has sold its 7.3 percent of the outstanding common stock (11,501,597 shares) in ViewRay Inc., a news release said. Elekta has no...
Lundin energy awarded 19 licences in the Norwegian licensing round
OSLO: Lundin Energy AB announces that its wholly owned subsidiary Lundin Energy Norway AS (together Lundin Energy), has been awarded a total of 19 exploration...
Icelandair Group initiates sales process for Iceland Travel
STOCKHOLM: Icelandair Group has decided to initiate a process to sell its subsidiary Iceland Travel. The decision is made in line with Icelandair Group’s strategy...
Municipality Finance issues $1.5 billion benchmark under MTN programme
HELSINKI: Municipality Finance Plc issues USD 1.5 billion benchmark on 20 January 2021. The maturity date of the benchmark is 20 March 2026. The benchmark...