latest news releases from the newsroom
Metsa Tissue Oyj
Metsa Tissue Acquisition gets Go-Ahead from Poland's Ministry of the Interior
HELSINKI, Finland, Oct. 15, 2002 (PRIMEZONE) -- On October 3, 2002, Metsa Tissue Corporation received permission from Poland's Ministry of the Interior to purchase 9.9 per cent of the shares of the Polish tissue company, Zaklady Papiernicze w Krapkowicach S.A. (ZPK). The shares were transferred to Metsa Tissue's ownership on October 11, 2002, bringing its stake in ZPK up to 50.3 per cent. The cost of the acquisition is based on the (100%) debt-free value of the whole of ZPK, which is approximately EUR 10 million. ZPK will be included in Metsa Tissue's consolidated financial statements from October 2002 onwards. The acquisition will have no material impact on Metsa Tissue's earnings per share for 2002.
Volvo: Invitation to a Press Conference
GOTEBORG, Sweden, Oct. 15, 2002 (PRIMEZONE) -- AB Volvo (Nasdaq:VOLVY) hereby invites the mass media to a press conference on Thursday, October 24, in conjunction with the release of the Volvo Group's report on the third quarter 2002.
Peab Aquires PNB Asphalt
FOERSLOEV, Sweden, Oct. 15, 2002 (PRIMEZONE) -- Peab is acquiring all shares in PNB Asfalt, a subsidiary to PNB Entreprenad AB. PNB Asfalt's turnover is approx. SEK 225 million and the company has 100 employees.
Getinge Divests ALM's Surgical Tables Business
STOCKHOLM, Sweden, Oct. 15, 2002 (PRIMEZONE) -- In line with previous announcements, Getinge (Other OTC:GNGBF) has signed an agreement to sell ALM's surgical tables business. The sale of the surgical tables business follows the injunction that the French competition authority placed on Getinge in connection with the acquisition.
London Air & 3 Nights Hotel From $289!
BOTHELL, Wash., Oct. 14, 2002 (PRIMEZONE) -- Never has it been a better time to travel to London! Sure, this might be a quick trip -- but where else can you go at a price this low? And, as an added extra -- while supplies last -- we will add a Free One-Year Subscription to our favorite travel magazine -- Arthur Frommer's Budget Travel Magazine -- so you can continue to read about great travel bargains all year long!
Schiffrin Barroway Topaz & Kessler, LLP
Schiffrin & Barroway, LLP Announces Shareholder Class Action Against Salomon Smith Barney, Inc., Jack Grubman and Morgan Stanley Dean Witter & Co., Inc. on Behalf of Purchasers of Level 3 Communications, Inc. -- LVLT
BALA CYNWYD, Pa., Oct. 14, 2002 (PRIMEZONE) -- The following statement was issued today by the law firm of Schiffrin & Barroway, LLP: