Russian investor selling out of Zenvo Automotive (Borsen)
The Russian investor Anton Abramov has sold all his shares in the Danish high-end carmaker Zenvo Automotive to Yulia Mirontseva. The company is known for selling super-cars with a price tag of 16M DKK, competing with the likes of Koenigsegg.
- Sweden -
Bygghemma down 23% since IPO (Dagens Industri)
FSN Capital IPO'ed the company with the help of Carnegie only 12 trading days ago. In that short time, Bygghemma has dropped 23% from its initial price, even though Carnegie has tried to stabilize the stock, by buying up shares. The Danish investor, ATP, is disappointed in the initial pricing and development in the stock.
- Norway -
Norwegian wealth fund blocked from going into Private Equity (FT)
The Norwegian wealth fund will not be allowed to invest in Private Equity, but the government has opened up for the possibility of investments in renewable infrastructures, such as wind- and solar farms. The finance minister said the following about the decision, "Private equity doesn’t fit the model we have chosen for the fund. The greatest challenge is openness, information we can share with the public."
- Finland -
No news to report