Denmark-based pension fund PensionDanmark is set to invest GBP153 million in six onshore wind farms of Falck Renewables, in a deal that will give the Danish firm a 49% stake in the energy sites in Wales and Scotland.
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European private equity firm CapVest acquires food business Scandza
Lond-based private equity firm CapVest has bought Scandza, a Nordic consumer food and beverage firm for an undisclosed amount. Jan Bodd and Stig Sunde, who founded Scandza in 2007 will still lead the company.
No sellers seen even as Scandinavian phone firms say takeovers beneficial- report
There are no sellers even as Scandinavian phone companies believe that mergers would benefit not only the region but corporate earnings as wel.
Bitcoin's price swings underscore sensitivity to govt's decisions
The Bitcoin's price instability is a reflection of the digital currency's vulnerability to the decisions of government officials, The New York Times The Dealbook reported.
US-based Monsanto, Novozymes of Denmark form long-term microbial alliance
Monsanto Company and Novozymes A/S formed a strategic cooperation called "The BioAg Alliance" in order to capitalize each other's capabilities in microbial technologies and commercial markets.
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With market saturation leading to falling prices which have hurt earnings and prevented telecommunications operators from making investments, TDC Chief Executive Carsten Dilling has joined the call of his rivals for mergers.
France's two largest petroleum and electric utility firms are vying to develop two 500-megawatt wind projects near Le Treport in France. The French government opened the bidding earlier this year to attract investments of about EUR3.5 billion.
According to a research study by Dow Jones & Company, Ireland attracted the most venture capital funding per capita in the European region. The data showed that most Irish tech startups have fared well even during the economic recession.
The European Commission is looking at the way container-shipping companies announce their price increases, saying it may be possible that they are colluding with each other to rig prices.
North Carolina-based payments platform Spreedly secured an additional USD500,000 in seed funding from Belgian angel investors group Emerge.be to be used for product development and hiring of additional staff.
Pandora's two main shareholders will offer about 20 million of its existing shares, representing 15.4 percent of the share capital, to institutional investors, the Danish jewellery maker said on Wednesday.
A source told Bloomberg that Carlsberg was looking to buy the Tsingtao Brewery Co and Beijing Yanjing Brewery Co.
Power transmission product maker inked a definitive deal to acquire Danish energy company Svendborg for EUR80.1 million.
RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.
