latest news releases from the newsroom
Scania interim report
SODERTALJE, Sweden, April 23, 2003 (PRIMEZONE) -- Scania (Other OTC:SCVAY): "In Europe, demand softened in March, due to the war in Iraq. In Latin America, the market is stabilising. In other markets, demand was largely unchanged. Due to macroeconomic developments, the risk for subdued demand for trucks and buses is increasing, and consequently, we remain cautious regarding our earnings for the rest of the year," said Leif Ostling, President and CEO.
Verdict Received in U.S. Dispute Involving Gambro
STOCKHOLM, Sweden, April 23, 2003 (PRIMEZONE) -- Gambro AB (Other OTC:GAMOF) (Other OTC:GAMBF) (Stockholmsborsen:GAMBa), a leading international medical technology and healthcare company, today announced that a jury verdict was received in a lawsuit that had been pending in a United States court in Florida for approximately six years. As outlined in the Gambro Annual Report 2002 (Note 31), the lawsuit, Ginsburg et al. vs. Gambro et al., relates to a 1995 tender offer to all public stockholders in REN Corporation US (REN) pursuant to which Gambro, Inc. acquired all of the remaining outstanding shares of REN for a total consideration of nearly US $190M. In 1997 a former REN stockholder sued Gambro making various allegations regarding the transaction.
Micronic Reports First Quarter Results
TABY, Sweden, April 23, 2003 (PRIMEZONE) -- Micronic Laser Systems AB (Other OTC:MICLF) (Stockholm:MICR), is at the forefront in semiconductor and display laser pattern generators for the production of photomasks to the worldwide electronics industry.
EQT Acquires Com Hem from TeliaSonera
STOCKHOLM, Sweden, April 23, 2003 (PRIMEZONE) -- EQT Northern Europe private equity fund has signed an agreement with TeliaSonera (LSE:TLSN) (Nasdaq:TLSN) to acquire Sweden's leading cable TV operator Com Hem for SEK 2,150 million. The acquisition is subject to regulatory approval.
Investor Interim Report January -- March 2003
STOCKHOLM, Sweden, April 23, 2003 (PRIMEZONE) -- Investor's (Other OTC:IVSBF) (Other OTC:IVSXF) net asset value on March 31, 2003 amounted to SEK 58,869 m. (SEK 77 per share), compared with SEK 62,869 m. (SEK 82 per share) on December 31, 2002.
LGP's Holding in Allgon Totals 94.2 Percent
SOLNA, Sweden, April 23, 2003 (PRIMEZONE) -- The public offer of LGP Telecom Holding AB ("LGP") (Stockholm:LGP) to the shareholders of Allgon AB ("Allgon") has during the two extensions of the acceptance period been accepted by holders of an additional 380,000 shares of series A and 4,209,369 shares of series B in Allgon. At that, the Board of Directors of LGP has resolved to issue an additional 3,239,157 new shares in LGP, bringing the total number of new shares issued in connection with the public offer of LGP to 19,377,900.