Wed, 28 Apr 2010: Nordea evaluating Parex purchase…
Apr 28, 2010 Baltics
According to Alfven, what he told Dagens Nyheter was a general comment, that Nordea would consider all the possible takeover options. For instance, last year Nordea took over two banks in Denmark....Tags: Banks, Business Model, Denmark, Nordea, Nyheter, Possibilities, Risk Analysis, Rsquo, Spokesman, Takeover
Wed, 6 Jan 2010: Stock exchange rides year-end rally…
Jan 6, 2010 Baltics
The Estonian Central Depository numbers show the total number of Exchange investors was stable throughout the year. More than 22,000 securities accounts hold securities listed on NASDAQ OMX Tal...Tags: Arco Vara, Country Of Origin, Exchange Investors, Listed Companies, Nasdaq, Omx, Participation Rate, Rally, Riga, Shareholders, Stock Exchange, Takeover, Vilnius, Year End
Thu, 17 Dec 2009: British expansion fueled on caffeine…
Dec 17, 2009 Baltics
The prospective deal is estimated to be worth around 32 million pounds (35.2 million euros). The takeover would allow further business expansion for Whitbread, which is looking to increase the n...Tags: British Expansion, Bulgaria, Business Expansion, Cafes, Caffeine, Central Europe, Coffee Nation, Coffee Shop Chain, Coffeeheaven, Core Business Activity, Czech Republic, Hungary, Latvia, Ludmila, Poland, Quality Coffee, S Board, Takeover, Whitbread
Thu, 2 Jul 2009: FlyLAL may resume business…
Jul 2, 2009 Baltics
"Unfair discounts with separate carriers were used … to takeover the market without economic logic." A decision isn't expected to arrive anytime soon, though, as the main proceedings have yet to...Tags: Airbaltic, Assets, Bank Funds, Business Discounts, Competition Council, Court Of Appeals, Economic Logic, Flylal, Judgment, Litas, Lithuania, Proceedings, Prohibitions, Respondents, Resume, Riga, Seizure, Takeover, Vice President
Wed, 13 Aug 2008: Saku leaves the bourse …
Aug 13, 2008 Baltics
On May 9, 2008, Carlsberg acquired the remaining 50 percent of the shares of Baltic Beverages. Carlsberg sees the takeover of the company and delisting as a natural evolution. "Many owners decid...Tags: Amou, Baltic Beverages, Bourse, Delisting, Estonian Law, First Quarter, Income Tax Expense, Leaves, Natural Evolution, Net Profit, Saku, Shares, Stock Market, Substantial Profit, Takeover
Wed, 10 Oct 2007: FlyLAL says prepared to take majority stake in airBaltic…
Oct 10, 2007 Baltics
Nevertheless, FlyLAL executives are confident a takeover of the Latvian competitor would benefit all sides. "We have excellent experience in the privatization of airlines, as well as a well-deve...Tags: Aim, Aviation Sector, Carrier, Competitor, Debts, Financial Capabilities, Financial Shape, Flylal, Group Ceo, Infrastructure, Investors, Linas, Lithuanian Airlines, Litigation, Majority Stake, Percent Stake, Privatization, Takeover, Top Quality Services
Wed, 19 Sep 2007: PKN Orlen could merge with Lotos…
Sep 19, 2007 Baltics
One calls for the consolidation of PKN Orlen and the other for the consolidation of Lotos," the Polish news agency PAP quoted Kaczynski as saying. Treasury Minister Wojciech Jasinski has been quo...Tags: Competitor, Consolidation, Energy Security, Fear, Jasinski, Lotos, Market Share, Merger, News Agency, Oil Companies, Orlen, Pap, Percent Stake, Polish News, Takeover, Treasury Minister
Wed, 24 Jan 2007: PKN Orlen signs five-year delivery deal, promises investment for Mazeiki…
Jan 24, 2007 Baltics
Kownacki was recently appointed CEO of PKN Orlen, the largest fuel refiner and retailer in Central and Eastern Europe. He takes the place of Igor Chalupec, who helped oversee the takeover of Maze...Tags: Central And Eastern Europe, Ceo, Crude Oil Supply, Current Market, Friendship, Investment, Middleman, Nafta, Oil Trader, Pipeline, Pkn Orlen, Refiner, Signs, Supply Contract, Takeover
Wed, 25 Oct 2006: Vitol Group aims to create ‘Rotterdam’ of the Baltics…
Oct 25, 2006 Baltics
"In Rotterdam and other places, Vitol performs a type of manufacturing, refining oil products and adjusting oil product quality to various technical and chemical requirements for different markets...Tags: Attempts, Baltic Sea Region, Baltics, Cubic Meters, Oil Product, Oil Products, Product Quality, Reservoir Park, Rotterdam, Special Interest, Takeover, Ventspils Nafta, Vitol
Wed, 8 Mar 2006: Snoras thinking east in big way…
Mar 8, 2006 Baltics
Agreements for purchasing the banks 's Invesbank and Grankom-bank 's have not been signed as yet, he added. He said the bank would reveal the scale of the new issue and the share price next week.T...Tags: Banks, Investbank, Investment Ratings, Lithuanian, Necessary Permissions, Purchasing, Regulatory Authorities, Russia, Russian Group, Share Price, Snoras, Takeover
Wed, 7 Dec 2005: Government holds out for TNK-BP, hopes Yukos will cooperate…
Dec 7, 2005 Baltics
According to reports, the state-owned Kazakhstan-based company bid $1.2 billion for the refinery, the only one in the Baltics, while TNK-BP offered only half that amount. Indeed, Prime Minister Al...Tags: Baltics, Bid, Bp, Company Vice President, Economy Minister, Half That Amount, International Affairs, Investors, Lukoil, Mazeikiu Nafta, Mccormick Company, Orlen, Poland, Prime Minister, Refinery, Takeover, Task Group, Tnk Bp
Wed, 16 Nov 2005: Court forces investor to fork over more funds for Liviko…
Nov 16, 2005 Baltics
The investment company had paid minority shareholders 17.5 kroons per share. Amaterasu argued the method of calculating the takeover price, saying NG Investeeringud based its calculations on the b...Tags: Amaterasu, Baltic News Service, Court Case, Discounted Cash Flow, Discounted Cash Flow Method, Investment Company, Investor, Kroons, Minority Shareholders, Nov 2, Shares, Supreme Court, Takeover
Wed, 6 Jul 2005: Hansabank has new CEO…
Jul 6, 2005 Baltics
We have set ourselves very ambitious targets, but I am confident that we have all the necessary ingredients to reach them," Raasuke said. Priit Poldoja was appointed head of Hansabank's Estonian b...Tags: Ambitious Targets, Business Unit, Ceo, Hansabank, Last Time, Margus, Necessary Ingredients, Network Shares, Retail Banking, Shareholders, Takeover, Tallinn Stock Exchange
Wed, 20 Apr 2005: Kalvitis slams Competition Council, speculates about fuel price fixing…
Apr 20, 2005 Baltics
Specifically, he referred to the takeover of Shell's filling stations by Statoil at the end of 2002."The question is about professionalism. I think it was a very erroneous decision to let Statoil ...Tags: Accusations, Baltic State, Competition Council, Fuel Market, Fuel Price, Fuel Retailers, Latvia, Price Fixing, Professionalism, Retail Market, Shell, Statoil, Subsidiary, Suspicions, Sweden, Takeover
Wed, 20 Apr 2005: Taking counsel…
Apr 20, 2005 Baltics
Accordingly, a shareholder of a listed public limited company, having acquired the shares constituting at least 95 percent of all votes (in Lithuania) or shares (in Latvia) may apply for the compu...Tags: Audit Report, Court Concluded That, Decisions, Latvia, Lithuania, Minority Shares, Public Limited Company, Sampo Pank, Shareholder, Squeeze, Takeover, Takeovers
Wed, 6 Apr 2005: Swedbank boosts stake inHansa to over 90 percent…
Apr 6, 2005 Baltics
Eventually, however, Swedbank will boost its total stake to 95 percent, bank officials said, which would allow it to take over all remaining shares. Asked how soon this could happen, Swedbank's co...Tags: April 4, Baltic States, Bank Officials, Boosts, Communication Director, Corporate Communication, Estonian Law, Euros, Financial Group, Kolga, Minority Shares, Shareholders, Stake, Stiff Resistance, Swedbank, Takeover
Thu, 30 Oct 2003: Snoras takeover OK’d…
Oct 30, 2003 Baltics
Banking regulations in Russia prevent financial institutions there from owning direct stakes in foreign banks, which Konversbank circumvented by going offshore. After buying a new 25 million litas...Tags: Assets, Banking Regulations, Control, Energy Ministry, Equity Issue, Financial Institutions, Foreign Banks, Lithuania, Nuclear Energy, Nuclear Projects, Russia, Russian Counterpart, Snoras, Takeover, Vladimir Antonov
Thu, 15 May 2003: Vilnius, Tallinn get Microsoft offices…
May 15, 2003 Estonia
"Lithuania is the largest IT market in the Baltic states and the one with the largest potential," said Martynas Bieliunas, a Microsoft sales representative in Lithuania . "We are a bit further ahe...Tags: Andersen, Baltic States, Business Software Company, Danish Business, Full Time, Market Penetration, Microsoft, Microsoft Offices, Microsoft Sales, Navision, People Relationships, Riga, Sales Representative, Subsidiaries, Takeover, Tallinn, Time Employees, Vilnius Lithuania
Thu, 3 Apr 2003: Snoras acquired by Russia’s nuclear interests…
Apr 3, 2003 Baltics
To circumvent the rule, Konversbank purchased 100 percent of Luxembourg-registered Incorion Investment Holding Company, a move that also exempts the deal from initial regulation by the Bank of Lit...Tags: Bank Of Lithuania, Banks, Current Assets, Euros, Inequality, Institutions, Investment Holding Company, Luxembourg, Public Concern, Purchaser, Relative Obscurity, Rubles, Russia, Snoras, Takeover, Three Times