Corporate announcement by companies listed on Nasdaq Nordic
ATLANTA: Skanska has signed a contract with Georgia World Congress Center Authority to build the first new construction Signia by Hilton hotel in Atlanta, Georgia, USA. The total contract value is USD 308 million for the Skanska-led joint venture along…
COPENHAGEN: Enento Group Plc’s CEO Jukka Ruuska has given notice of his resignation from the company. The Group’s Board of Directors will start the recruiting process of a new CEO immediately, a news release said. Jukka Ruuska will continue in…
HELSINKI: Stora Enso will start co-determination negotiations with employees at its Kvarnsveden Mill in Sweden and Veitsiluoto Mill in Finland regarding a plan to permanently close down pulp and paper production at both mills. The planned closures would take place…
STOCKHOLM: Investor AB’s Patricia Industries and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB. The transaction includes the hotel operations Grand Hôtel, Lydmar Hotel and The Sparrow Hotel, all located…
STOCKHOLM: The Board of Directors of Anoto Group AB has appointed Perry Ha as new CEO for the company. Perry Ha, who previously has served as Chairman of the Board, will assume the role as CEO, when the previous CEO,…
MIKKELI: Valoe Corporation and Sono Motors GmbH have signed about EUR 2.2 million co-operation agreement related to engineering and concept validation project for utilising solar energy in Sono Motors’ vehicles. The co-operation project commences immediately and lasts about 12 months….
COPENHAGEN: Ørsted A/S has entered into an agreement with Brookfield Renewable to acquire 100% equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of…
STOCKHOLM: Bayn Group AB has successfully carried out a directed new issue of 20.5 million shares, at a subscription price of SEK 24.50 per share, entailing proceeds of approximately SEK 502 million. The subscription price was determined through an accelerated…
STOCKHOLM: Fitch Ratings has raised Orkuveita Reykjavikur’s (RE) Long-Term Issuer Default Rating (IDR) from BB+ to investment grade ‘BBB-‘ with a Stable Outlook. The upgrade reflects our expectation of an improvement in credit metrics over 2021-2025 and OR’s stable performance…
STOCKHOLM: AQ Group AB has signed an agreement with the Swiss company Schaffner Group to acquire its Power Magnetics Division, a news release said. The purchase price is CHF 22.4 million on a debt free cash free basis (enterprise value).Closing…
STOCKHOLM: Starbreeze has signed a licensing agreement with PopReach Corporation for the re-launch of mobile title PAYDAY Crime War. Under the terms of the agreement, Starbreeze will receive a non-recoupable upfront payment of USD 250 thousand. PopReach will receive the…
STOCKHOLM: HEXPOL has signed an agreement to acquire 100% of Unión de Industrias C.A., S.A. (Unica) from Espiga Capital, a Spanish based Private Equity firm. Unica is a significant player in Rubber Compounds in Spain, supplying several demanding customers in…