latest news releases from the newsroom
Atlas Copco's Capital Markets Day in brief
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Today, Atlas Copco holds its annual Capital Markets Day. The objective is to give a deeper understanding of the Group's strategy, structure, and ongoing activities. A special focus is put on the Industrial Technique business area.
Meda Group Executives Buy Warrants
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Members of Meda's new executive management team bought a total of 1,625,000 warrants in Meda. This team was formed after the Viatris acquisition. Each warrant entitles the right to subscribe for one new share in the company at SEK 150 per share -- as per the extraordinary general meeting decision in October 2005. The subscription period runs from 27 February 2006 to 26 February 2008. Going forward, additional key persons in the new Group will get opportunities to participate in the warrants programme.
Clipper Fund, Inc.
Clipper Fund, Inc. Appoints Davis Selected Advisers, L.P. as New Portfolio Manager
BEVERLY HILLS, Calif., Nov. 30, 2005 (PRIMEZONE) -- Clipper Fund, Inc. ("Fund") announced today that its independent directors have selected a team from Davis Selected Advisers, L.P., to be headed by Christopher Davis, the firm's chief executive officer, to replace James H. Gipson and his team at Pacific Financial Research, Inc. ("PFR") as portfolio managers of the Fund effective January 1, 2006. The Fund will continue to be managed by PFR through the end of the year.
Changes in the Volvo Group Executive Committee
GOTEBORG, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Jan-Eric Sundgren, President of the Chalmers University of Technology, will, when the successor issue is resolved, become a member of the Volvo Group Executive Committee. His duties will include responsibility for contacts with public authorities, universities and colleges. He will also work with engineering and research matters within the Volvo Group and have Group-wide responsibility for emissions and environmental issues as well as safety.
OMX Adjusts its Organization
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- In order to reinforce OMX's strategy to create growth by commercializing and leveraging its expertise in the exchange industry, OMX will implement a new organization from January 1, 2006. The purpose is to adjust and simplify the organizational structure.
Skanska Establishes New Market in Poland for Development of Commercial Projects
STOCKHOLM, Sweden, Nov. 30, 2005 (PRIMEZONE) -- Skanska has decided to expand the market for the development of commercial projects in Poland to include Wroclaw. An initial land acquisition intended for an office project has been completed in central Wroclaw. The investment in this land amounted to EUR 1.5 million, approximately SEK 14 million.
TDC A/S Public Tender Offer
COPENHAGEN, Denmark, Nov. 30, 2005 (PRIMEZONE) -- TDC announces public tender offer at DKK 382 per share(1) To the Stock Exchanges in Copenhagen and New York(2) (1) This document does not constitute an offer or invitation to purchase any securities or a solicitation of an offer to buy any securities, pursuant to the Offer or otherwise.