latest news releases from the newsroom
Skanska to Divest Swedish Modular Building Companies
STOCKHOLM, Sweden, Nov. 28, 2005 (PRIMEZONE) -- Skanska and 3i have signed a binding agreement covering the sale of Skanska Modul AB, including the subsidiaries Temporent AB and Flexator AB, which produces, rents out and sells modular buildings.
TeliaSonera: Unauthorized Transfer of $135 M from Turkcell Holding
STOCKHOLM, Sweden, Nov. 28, 2005 (PRIMEZONE) -- TeliaSonera has decided to take legal actions in Turkey following an unauthorized transfer of an amount corresponding to USD 135 million from bank accounts of Turkcell Holding. TeliaSonera has reason to believe that the funds has been taken out by the Turkish Cukurova Group to fund parts of Cukurova's payment obligation to the Turkish government.
TeliaSonera Initiates Legal Action Against Russian Alfa Group
STOCKHOLM, Sweden, Nov. 28, 2005 (PRIMEZONE) -- TeliaSonera initiates legal actions against Russian Alfa Group for its tortious interference in the transaction between TeliaSonera and the Turkish Cukurova Group. TeliaSonera views Alfa to have taken actions making Cukurova to breach i.a. the agreement entered into in March this year pertaining to Cukurova's sale of an effective 27 percent stake in the Turkish mobile operator Turkcell to TeliaSonera.
Findexa Limited -- Recommended Acquisition by Eniro AB
OSLO, Norway, Nov. 28, 2005 (PRIMEZONE) -- On 26 September 2005, Findexa Limited ("Findexa") announced that they had reached agreement on the terms of a recommended acquisition by Eniro AB ("Eniro") to acquire the entire share capital of Findexa (the "Acquisition".) The Acquisition is to be implemented by means of a scheme of arrangement pursuant to article 125 of the Companies (Jersey) Law 1991 (the "Scheme"). The Scheme document can be found at www.findexa.no.
Cambodian Ventures Ltd.
Cambodian Ventures Limited and Canadian Bio Med Systems Inc Announce Business Strategy for Avian Flu Product Launch Plans
LOWELL, Mass., PHNOM PENH, Cambodia and MONTREAL, Nov. 27, 2005 (PRIMEZONE) -- Cambodian Ventures Limited (Pink Sheets:CMBV), announced today the business strategy and launch plans for Canadian Bio Med Systems Inc. (CBMS). CBMS will market products providing education, prevention, and prevention for the deadly avian influenza A virus (H5N1), also known as "Bird Flu", among humans.
Crosspoint Group, Inc.
Crosspoint Group, Inc. Acquires Photovoltaic Manufacturing Company
MANDEVILLE, La., Nov. 25, 2005 (PRIMEZONE) -- Crosspoint Group, Inc. (Pink Sheets:CPGP) today announced that it had entered into an agreement to acquire SunJoi Solar, Inc., which will become a subsidiary of Crosspoint Group. SunJoi Solar(tm) is a photovoltaic thin film panel or module manufacture and sales corporation located on the Gulf Coast. Photovoltaic (PV) sales have been increasing at an average of 30 percent annually.