Corporate News, Oslo Bourse, M&A, Investment
OSLO, NORWAY: The Norwegian central bank, Norges Bank, Thursday raised the key policy rate by 0.25 percentage points. DNB has today decided to increase the interest rate on home mortgages by up to 0.25 percentage points. “Norges Bank’s key policy…
OSLO, NORWAY: Norwegian Energy Company ASA (Noreco) has entered into a USD 1.0 billion swap transaction with a group of banks to fix the Company’s floating interest rate exposure under its Reserve Based Lending (RBL) facility from 1 Nov 2021…
OSLO, NORWAY: Entra ASA and Linstow entered into an agreement to acquire Bane NOR Eiendom’s 33.3% share of Oslo S Utvikling AS (OSU) for NOK 950 million (NOK 475 million for Entra’s share). After the transaction Entra and Linstow will…
OSLO, NORWAY: Vow ASA has through its subsidiary Scanship been awarded a contract with the French shipyard Chantiers de l’Atlantique for the delivery of advanced wastewater purification system to be installed on the seventh newbuild for Royal Caribbean International Oasis…
OSLO, NORWAY: Saga Pure ASA announced the acquisition of Hyon AS from former owners, amongst them, PowerCell Sweden AB. Saga Pure, Nel ASA and Norwegian Hydrogen AS will have equal shareholdings in the company. Hyon has a strong position within…
OSLO, NORWAY: Orkla ASA has entered into an agreement to purchase 75% of the shares in New York Pizza, one of the leading pizza chains in the Netherlands. Last year, New York Pizza sold 11.5 million pizzas and had total…
STAVANGER, NORWAY: Norsk Solar AS (NSOL) has entered into a development agreement for 37 MWp to provide clean energy to Órigo Energia, a news release said. Norsk Solar will finance, build, own, and operate the solar projects portfolio of 12…
OSLO, NORWAY: With a mission of simplifying business for construction companies and craftsmen, the SaaS company SmartCraft ASA goes public on Oslo Børs today, with a market capitalization of approximately NOK 3 billion. “The listing on Oslo Børs today, marks…
OSLO, NORWAY: Aker Clean Hydrogen, through investing in a private placement, has acquired 20 percent ownership in Meraker Hydrogen AS, a news release said. The aim of the investment is to accelerate the development of green hydrogen production in Mid-Norway…
OSLO, NORWAY: BW Ideol has signed a memorandum of understanding with Hitachi ABB Power Grids, the world’s leading supplier of grid integration and power quality solutions, for an industry-first collaboration on developing scalable floating substations to support development of profitable…
OSLO, NORWAY: Cloudberry Clean Energy ASA uplists from Euronext Growth to Oslo Stock Exchange’s main list, Oslo Børs. Since Cloudberry was listed on Euronext Growth in April 2020, the company has raised NOK 1.8 billion in equity from Nordic and…
OSLO, NORWAY: Geir Karlsen has been appointed new CEO of Norwegian Air Shuttle ASA. Karlsen succeeds Jacob Schram. The appointment will be effective June 21st 2021. “I am pleased to announce that Geir Karlsen on requet of the Board has…