- Denmark -
Netcompany says that higher wage demands threatens the growth (Borsen)
Before the planned Netcompany IPO on Thursday, the company states that they are experiencing increasing wage demands, which can have an impact on their future growth. It is their opinion that the employee causes the risks of slowing down the growth in the coming years.
Nordea hired to assist on a sale of Baum und Pferdgarten (Borsen)According to Borsen, Nordea has been hired to assist on a sale of the Danish fashion company Baum und Pferdgarten. After the company was declared bankrupt in 2008, Teis Bruun and Bjørn Bruun acquired a majority stake in the company, which has been performing well in the recent years. In 2017, the company reported profits of DKK 18m compared to DKK 5m in 2016.
- Sweden -
Starwood completes the public cash offer of Victoria Park (Realtid)
Starwood has announced that the fund will complete the cash offer to the shareholders of Victoria Park. Starwood's bid has been accepted by Victoria Park shareholders representing 24.4 percent of the total number of shares and 32.1 percent of the total votes in Victoria Park.
- Norway -
Financial Authorities recommends Vipps merger (E24)
The Norwegian Finacial Authorities recommends the ministry of Finance to allow Vipp, BankID, and BankAxept. The new company will deliver solutions before payment and identification, which will help facilitate online shopping.
- Finland -
IK Investment Partners acquires parts of A-Katsastus Group's operations (Press Release)
IK Investment Partners acquires A-Katsastus operations in Sweden, Poland, and the Baltics, consisting of the companies Carspect AB, SIA Scantest, Autotest Polska Sp. Z.o.o and A-Ülevaatus OÜ. The group is a leading provider of vehicle inspection services in Sweden, Estonia, Latvia, and Poland with 100+ stations.