latest news releases from the newsroom
KLIPPAN in negotiations to purchase a French paper mill
KLIPPAN, Sweden, Dec. 22, 2004 (PRIMEZONE) -- KLIPPAN is in negotiations with International Paper (IP) regarding the potential acquisition of the French fine paper mill Papeteries de Maresquel. The purchase of Maresquel would strengthen KLIPPAN's position as a leading supplier of coloured paper.
Nomination Committee's proposal for the OMX Board of Directors
STOCKHOLM, Sweden, Dec. 22, 2004 (PRIMEZONE) -- OMX's Nomination Committee, comprising Marcus Wallenberg (Committee Chairman), Eva Halvarsson, KG Lindvall, Tom Ruud and Olof Stenhammar (convening member), have decided to propose to the Extraordinary Board Meeting OMX intends to hold on February 3, 2005, that the following new Board members be elected to serve until the 2005 Annual General Meeting is held:
Volvo Aero completes acquisition of Aero-Craft
GOTEBORG, Sweden, Dec. 22, 2004 (PRIMEZONE) -- Volvo Aero's planned acquisition of the Aero-Craft company has now been completed. As a result, the strategic alliance with Carlton Forge Works can be realized. Consequently, Volvo Aero can now expand its offering of specialized components to include fan cases.
Skanska signs contract for sale of Myresjohus
STOCKHOLM, Sweden, Dec. 22, 2004 (PRIMEZONE) -- Skanska and Industri Kapital have signed a binding agreement covering the sale of Myresjohus. The sale is conditional upon the approval of the appropriate authorities.
Tele2 Acquires Votec Mobile in Russia
NEW YORK and STOCKHOLM, Sweden, Dec. 22, 2004 (PRIMEZONE) -- Tele2 AB, ("Tele2"), (Nasdaq:TLTOA) (Nasdaq:TLTOB) (Stockholmsborsen:EL2A)(Stockholmsborsen:TEL2B), the leading alternative pan-European telecommunications company, today announced that it has acquired Votec Mobile, a mobile operator with a GSM licence in the territory of Voronezh, in Southern Russia.
AB Volvo Announces Repurchase of 380,000 B Shares and 15,000 A Shares
GOTEBORG, Sweden, Dec. 22, 2004 (PRIMEZONE) -- Further to the decision taken by AB Volvo's Board of Directors on June 17, 2004, regarding repurchase of own shares, AB Volvo has, on Tuesday, December 21, acquired 380,000 series B shares. The shares were traded between SEK 260.50 and 262.50 with an average price of SEK 261.64. And has acquired 15,000 series A shares. The shares were traded between SEK 250.50 and 252.00 with an average price of SEK 251.41.