latest news releases from the newsroom
EQT Divests TAC to Schneider Electric
STOCKHOLM, Sweden, June 12, 2003 (PRIMEZONE) -- EQT has signed an agreement with Schneider Electric to divest TAC. Schneider Electric will pay approximately four billion SEK for TAC on a cash and debt free basis. Completion of the transaction is subject to approval from the relevant competition authorities.
Compulsory Acquisition of Biora AB Ordinary Shares
STOCKHOLM, Sweden, June 12, 2003 (PRIMEZONE) -- Straumann AG Holdings ("Straumann") has announced that it has acquired approximately 91 percent of the Ordinary Shares of Biora AB pursuant to its public offer. Straumann has called for the compulsory acquisition of the remaining outstanding Biora Ordinary Shares. Accordingly, the Biora Board has decided to refer the compulsory acquisition matter to an arbitration board. The Board of Biora has also decided to submit an application for de-listing Biora's Ordinary Shares from the "O-list" of the Stockholm Stock Exchange ("SSE"). Information regarding the last trading day for Biora's Ordinary Shares on the SSE will be announced at a later date.
Tele2 Signs MVNO Agreement in Finland
STOCKHOLM, Sweden and NEW YORK, June 12, 2003 (PRIMEZONE) -- Tele2 AB ("Tele2", "the Group") (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:TEL2A) (Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it has signed an MVNO agreement with Radiolinja Origo, the number two GSM operator in Finland, with a market share of 30%.
United Online, Inc.
United Online to Present at Thomas Weisel Partners Growth Forum 5.0 Conference
WESTLAKE VILLAGE, Calif., June 11, 2003 (PRIMEZONE) -- United Online, Inc. (Nasdaq:UNTD), a leading provider of value-priced Internet services, today announced that it will present at The Thomas Weisel Partners Growth Forum 5.0 Conference on June 17, 2003 in Santa Barbara, CA. Mark R. Goldston, chairman, CEO, and president, and Charles S. Hilliard, executive vice president and CFO, will speak at the event. The company is scheduled to present at 11:05 a.m. PDT (2:05 p.m. EDT).