STOCKHOLM: Skanska, a world leader in construction and project development throughout the Nordic region, has divested 220 rental apartments in Stockholm, Sweden, to NREP for about SEK 720 million, a news release said. The multi-family project, which is under construction, includes a garage and commercial premises on the ground floor. The transaction will be recorded…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Bergman & Beving acquires Mila Aktiebolag
STOCKHOLM: Tools & Consumables, a division within Bergman & Beving, has today entered into an agreement to acquire the operations of Mila Aktiebolag. Mila is a specialised supplier that develops and manufactures the market’s most powerful and advanced headlamps for demanding conditions. User groups are among others the police and coast guard, as well as…
EAB Group to buy back company’s own shares
EAB Group ,buy back, HELSINKI: EAB Group Plc will commence acquiring the company’s own shares on the basis of the authorization given by EAB Group Plc´s Annual General Meeting held on 22 September 2020. The Board of Directors has decided that the maximum number of shares to be acquired is 70,000, corresponding to approximately 0.5%…
Jyri Luomakoski to leave the office of Uponor Corporation President and CEO
VANTAA, FINLAND: Jyri Luomakoski, President and CEO since October 2008, will leave his position as President and CEO of Uponor Corporation, a news release said. The transition will be well-managed as Luomakoski will continue as President and CEO until 20 August 2021. The Board of Directors has started the recruitment process to appoint a new…
Vicore Pharma completes a directed share issue of SEK 336 million
GOTHENBURG: Vicore Pharma Holding has successfully completed a directed share issue of 11.2 million shares, corresponding to SEK 336 million, a news release said. The subscription price in the Directed New Share Issue was set to SEK 30.0 per share and was subscribed for by Swedish and international institutional investors as well as certain existing…
Alimak Group appoints Thomas Hendel as CFO
STOCKHOLM: Alimak Group has appointed Thomas Hendel as CFO, effective as of May 17, 2021. Thomas Hendel will join Alimak Group from the role as Deputy Chief Financial Officer of Saab Group, a position he has held since 2016. He has 30 years of experience from different financial and general management roles within Saab and…
Ratos establishes new financial targets to develop a long-term business group
STOCKHOLM: The Board of Ratos AB has decided on new financial targets based on the previously announced decision to steer the direction of operations towards becoming a business group with a long-term perspective. Ratos currently has an “eternal” ownership horizon and invests to build value over the long term. “After reviewing the investment strategy implemented…
Maersk Drilling selected for long-term drilling campaign by Tullow Oil
LYNGBY: Maersk Drilling has received a conditional letter of award (CLOA) from Tullow Ghana Ltd. for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign at the TEN and Jubilee fields offshore Ghana. The duration of the final contract is around four years with expected commencement in Q2…
Securitas launches business transformation in Europe and Ibero-America
STOCKHOLM: Securitas AB continues strategy execution by launching business transformation in Europe and Ibero-America The business transformation of Security Services Europe and Security Services Ibero-America targets an increase of the operating margin in the segments to around 6.5 percent and 6.0 percent respectively, upon completion in 2024. In 2019, Securitas launched two major transformation programs…
Nokia Corporation Financial Report for Q4 and Full Year 2020
HELSINKI: Nokia delivered a solid Q4 to end 2020 at the high end of our Outlook range. We saw healthy gross margin and operating margin performance for both Q4 and full year 2020, supported by a regional mix shift towards the higher margin North America region and by our ongoing R&D efforts to enhance product…
Danske Bank issues S&P 500 linked structured notes
COPENHAGEN: On 4 February 2021, Danske Bank will issue USD 1.96 million in index-linked notes linked to the performance of the index value of the S&P 500 Index. The notes are designated “DANSKE 0BTZ US Buffer 2022”. The notes are issued at a price of 100. The notes do not pay interest. The notes are…
Dometic Group inks agreement to acquire Twin Eagles USA
STOCKHOLM: Dometic Group AB has entered into an agreement to acquire Twin Eagles, a leading US manufacturer of freestanding and built-in grills and outdoor kitchen solutions for the residential outdoor market, a news release said. The acquisition strengthens Dometic’s offering in the fast-growing residential outdoor area in North America. Twin Eagles is a North American…