Wed, 28 Apr 2010: Nordea evaluating Parex purchase…

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....

Wed, 6 Jan 2010: Stock exchange rides year-end rally…

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...

Thu, 17 Dec 2009: British expansion fueled on caffeine…

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...

Thu, 2 Jul 2009: FlyLAL may resume business…

"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...

Wed, 13 Aug 2008: Saku leaves the bourse …

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...

Wed, 10 Oct 2007: FlyLAL says prepared to take majority stake in airBaltic…

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...

Wed, 19 Sep 2007: PKN Orlen could merge with Lotos…

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...

Wed, 24 Jan 2007: PKN Orlen signs five-year delivery deal, promises investment for Mazeiki…

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...

Wed, 25 Oct 2006: Vitol Group aims to create ‘Rotterdam’ of the 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...

Wed, 8 Mar 2006: Snoras thinking east in big way…

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...

Wed, 7 Dec 2005: Government holds out for TNK-BP, hopes Yukos will cooperate…

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...

Wed, 16 Nov 2005: Court forces investor to fork over more funds for Liviko…

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...

Wed, 6 Jul 2005: Hansabank has new CEO…

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...

Wed, 20 Apr 2005: Kalvitis slams Competition Council, speculates about fuel price fixing…

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 ...

Wed, 20 Apr 2005: Taking counsel…

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...

Wed, 6 Apr 2005: Swedbank boosts stake inHansa to over 90 percent…

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...

Thu, 30 Oct 2003: Snoras takeover OK’d…

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...

Thu, 15 May 2003: Vilnius, Tallinn get Microsoft offices…

"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...

Thu, 3 Apr 2003: Snoras acquired by Russia’s nuclear interests…

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...
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