There are no sellers even as Scandinavian phone companies believe that mergers would benefit not only the region but corporate earnings as wel.
Norway
VimpelCom Ltd extends partnership with Opera Software
VimpelCom Ltd, one of the largest integrated telecommunications service operators around the world, announced the extension of its strategic partnership with Oslo, Norway-based Opera Software,
Norway's Statoil to seek overseas acquisitions as state cashes out
Norway's state-controlled Statoil is reportedly studying overseas acquisitions that could dilute the state's shareholding in the petroleum company. The Norwegian government is seeking to cut its stake in Statoil from 67% to 51%.
Norwegian paper manufacturer Norske Skog agrees to offload remaining stake in Brazilian unit for $37M
Norway-based newsprint and magazine paper manufacturer Norske Skog inked an agreement to exit its remaining stake in its Brazilian operations to Papeles Bio Bio SA for $37 million.
Norwegian private equity firm HitecVision invests in DeepWell
Norway-based private equity group HitecVision has announced a growth capital investment in well intervention services provider DeepWell AS in a deal that marks HitecVision's entry into the well intervention industry.
Latest News
Germany-based healthcare and agricultural products company Bayer said it will be buying Norway-based Algeta, its partner in developing a prostate cancer therapy, in a deal worth $2.9 billion, Bloomberg reported.
According to Nordea Bank, Norway-based Atlantic salmon farmer Marine Harvest will be leading the consolidation of the seafood industry as fish prices improve, Bloomberg reported.
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.
Norway-based oil company Statoil ASA (STO) said on Tuesday it has decided to invest in the Shah Deniz gas field development in Azerbaijan, together with its consortium partners.
A report noted that speculators who are looking to acquire Bitcoins by selling sex through certain Reddit subsections are rising at an alarming rate.
The following bids, mergers, acquisitions and disposals were reported on Friday including ITC Holdings, Dave & Buster, Time Warner Cable, Banca Etruria, Cube Capital, Cargolux, Simon Property and Versace.
The European Union through its European Banking Authority expressed warning similar to China, Germany and Norway regarding the risks associated in using Bitcoins as payment.
Bitcoins suffered a blow in Norway as the government declared that it was not real money. It will be treated as an asset and be subject to a capital gains tax, Bloomberg reported.
Reuters heard from five anonymous sources that Norway-based debt collector Lindorff's owners, Swiss Investor AB and private equity firm Altor, had already hired banks to lead the Nordic company's IPO.
