STOCKHOLM: AstraZeneca Plc has agreed, subject to certain limited exceptions, to divest its 26.7% ownership in Viela Bio Inc. as part of the proposed acquisition of Viela by Horizon Therapeutics plc, a news release said. AstraZeneca is anticipating to receive cash proceeds and profit of c.$760-$780 million upon closing for the sale of the holding,…
Category: Nasdaq Nordic
Corporate announcement by companies listed on Nasdaq Nordic
Lundin Energy plans capital budget of $1.2bn and production of 190,000 Mboepd for 2021
STOCKHOLM: Lundin Energy AB announced its 2021 programme, with a capital budget of USD 1.2 billion and production guidance of between 170 to 190 thousand barrels of oil equivalent per day (Mboepd). The long-term production guidance is increased to over 200 Mboepd by 2023. The Company will achieve carbon neutrality for operational emissions from 2025,…
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 the holders of its secured fixed rate notes due 2021 approved certain amendments requested by Delete to the terms and conditions of the Notes by which the relevant Restructuring Measures…
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 better support the bank’s customers over time. According to the new targets, the bank will maintain a Common Equity Tier 1 capital ratio of 100-300 basis points above the regulatory…
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 negative. The Finnish economy and banking sector are performing better than many other European countries amid the Covid-19 crisis. S&P believes the Finnish banking sector is well positioned to weather…
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 of assets under management. Total consideration of USD 1.87 billion, comprising new EQT AB shares of USD 800 million and cash USD 1.07 billion (including refinancing of USD 300 million…
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 2020 BankNordik entered into a conditional agreement with Spar Nord on the sale of BankNordik’s Danish activities. The sale has now been approved by the Danish FSA and the Danish…
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 A/S in accordance with the merger plan of 11 December 2020. On 18 January 2021, the Minister of Industry, Business and Financial Affairs approved the merger pursuant to section 204…
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 of eQ Asset Management Ltd and will continue also in this position after the nomination. The appointment will take effect on 1 April 2021. Major shareholders of eQ Plc have…
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 will be registered by Skanska Commercial Development Nordic in the first quarter of 2021. The buyer, Baring, will take over the property in February 2021. Sörred Kubiklager is an approximately…
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 remaining shares in ViewRay after the transaction. The shares in ViewRay were purchased in a public offering in December 2019 at USD 3.13 per share and sold today at USD…
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 licence interests in the 2020 Awards in Predefined Areas (APA) licensing round, in Norway. The award includes 15 licences in the North Sea, two licences in the Norwegian Sea and…