latest news releases from the newsroom
Millicom International Cellular
Millicom Board Appointment
BERTRANGE, Luxembourg, Oct. 17, 2002 (PRIMEZONE) -- Millicom International Cellular S.A. ("MIC") (Nasdaq:MICC), the global telecommunications investor, today announced that Mr. Vigo Carlund, President and Chief Executive Officer of Industriforvaltnings AB Kinnevik, has been appointed to the Millicom Board.
Bure's Tax Dispute Finally Settled
GOTHENBURG, Sweden, Oct. 17, 2002 (PRIMEZONE) -- Bure Equity (Other OTC:BRVVF) recently won a case in the Supreme Administrative Court about its status as an investment company. The tax authority in Gothenburg has abided by the ruling of the Supreme Administrative Court. This means that the tax authority's demand for a total of SEK 900M has finally been dropped.
Ratos: Hilding Anders has a New CEO
STOCKHOLM, Sweden, Oct. 17, 2002 (PRIMEZONE) -- Ratos today announced, Anders Palsson will take up his position as CEO of Hilding Anders on 1 January 2003. He will take over from the present CEO Bengt Adolfsson who has been appointed chairman of the board.
Swedbank depreciates some of its share holdings
STOCKHOLM, Sweden, Oct. 17, 2002 (PRIMEZONE) -- Swedbank has decided to adjust the value of its share holdings in OM and in the e-trade company Marakanda. That means the bank is depreciating those holdings by a total of SEK 372 million, which will be charged against its Q3 result.
MarketBeasts.com Initiates Reverse Merger Process by Signing a Letter of Intent to Acquire Broadway Capital, Inc.
KISSIMMEE, Fla., Oct. 17, 2002 (PRIMEZONE) -- MarketBeasts.com and Broadway Capital, Inc. have signed a Letter of Intent on October 16, 2002 for the acquisition of Broadway Capital, Inc. and merger with MarketBeasts.com. This is the first step required to take MarketBeasts.com public. The remaining steps will require approval of the filings with the SEC in the near future. Scott Piel said, "MarketBeasts.com's success depends on customer service and timely data which has been achieved. We look forward to expanding our online services per our customers' needs." Broadway Capital, Inc. will be renamed to MarketBeasts.com.