Corporate announcement by companies listed on Nasdaq Nordic
MUURAME, FINLAND: Harvia Plc has acquired Kirami Oy, a leading Finnish still water hot tub manufacturer and pioneer in wood-heated hot tubs globally, a news release said. The purchase price is EUR 7 million at closing and on top of this, a delayed purchase price of EUR 0–4 million after a three years’ period based…
REYKJAVÍK, ICELAND: Bankasýsla ríkisins (Icelandic State Financial Investments, “ISFI”), on behalf of the Treasury of Iceland, and Íslandsbanki hf., confirmed their intention to proceed with the next step towards an Initial Public Offering (IPO) and listing of shares in Íslandsbanki on Nasdaq Iceland. The intended IPO will consist of a secondary offering of shares in…
HELSINKI, FINLAND: Sampo Group has announced a sale of a maximum of 162 million Nordea Bank shares to institutional investors. The sale represents at most 4.0 per cent of the outstanding shares in Nordea and would reduce Sampo’s ownership in Nordea to 11.9 per cent. The planned disposal represents a further step in Sampo Group’s…
STOCKHOLM, SWEDEN: Bonava AB, a residential developer in Northern Europe, has decided to wind down its operations in Copenhagen and exit the Danish market in order to increase efficiency and profitability in the Group, a news release said. The decision is the first step in the company’s strategic review. Costs of approximately SEK 120 million…
HELSINKI, FINLAND: Citycon Oyj is considering the issuance of euro-denominated green capital securities in an amount of approximately EUR 300 million, a news release said. The issuance of the capital securities will take place in the near future, subject to market conditions. Citycon will apply for the capital securities to be admitted to the official…
STOCKHOLM: There is a risk that the decision by the Post and Telecommunication Authority (PTS) to exclude Chinese vendors’ products from the 5G auction in Sweden may adversely impact the economic interests of Sweden and Swedish industry, including those of Ericsson. This risk has been included in the risk factors in Ericsson’s EMTN prospectus. The…
STOCKHOLM: The Board of Directors of Serneke Group has appointed Michael Berglin as President and CEO. Michael has had the role of acting CEO since February this year and will take up his permanent role immediately. The decision regarding the CEO position in Serneke Group has been preceded by an extensive and thorough recruitment process….
STOCKHOLM: Skanska and the Development Office, City of Stockholm, have agreed on a new target cost for remaining and additional work on the reconstruction of Slussen, Stockholm, Sweden. The new target cost generates an order booking of about SEK 1.5 billion, which will be included in the order bookings for Skanska Sweden for the second…
HELSINKI: Skanska AB has signed a contract with Radford University to build the Center for Adaptive Innovation and Creativity (CAIC) in Radford, Virginia, USA. The total contract value is USD 81M, about SEK 680M, which will be included in the US order bookings for the second quarter of 2021. The 16,500-square-meter CAIC represents the largest…
STOCKHOLM: LeoVegas has entered into an agreement to launch the LeoVegas brand in New Jersey, USA, a news release said. The State of New Jersey will mark the company’s first establishment in the USA. LeoVegas will launch with its proprietary technical platform to ensure a world-class gaming experience. The company expects to be able to…
STOCKHOLM: Cibus Nordic Real Estate AB has today signed the purchase of a real estate portfolio of three assets in Finland for EUR 25.5 million, a news release said. The transaction is targeted to close on May 17, 2021. The assets have a lettable area of approx. 16,000 sqm and are located in the Jyväskylä,…
STOCKHOLM: Zoran Covic has expressed his intention before Board of Ework Group AB that he, after nine years with the group of which seven as CEO, wishes to resign from his position. Zoran Covic has not tendered a formal letter of resignation, but only expressed his intentions, in order to facilitate a smooth succession. He…