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Qliro CEO Christoffer Rutgersson net sells shares

Payment services company Qliro’s CEO Christoffer Rutgersson bought 15,000 shares in the company on 21 September at a price of SEK 16.50 per share, a transaction worth SEK 247,500. On the same day, he sold 20,000 shares at a price of SEK 16.35 per share, a transaction worth SEK 327,000. The transactions mean that he […]

Lundbeck executive Lars Bang has died

Danish pharmaceutical company Lundbeck’s Deputy CEO Lars Bang, responsible for Product Development & Supply, has died. Bang joined the company in 1988 and held several senior roles over nearly four decades, including in research and development, strategy, sales and production. He was a member of the executive management. Lundbeck is now implementing an interim management […]

Di Gives Afry Another Chance After Share Price Collapse

Dagens industri maintains its Buy rating on engineering consultancy Afry after the previous recommendation performed poorly. The newspaper points to a strengthened order book and a higher utilization rate following the completed action program, but with no clear impact yet on revenue and margins. Expectations are low ahead of the third quarter. The share is […]

Latour acquires UK-based Bolt and Nut with annual revenue of GBP 17 million

Investment company Latour has, through Nord-Lock Group, signed an agreement to acquire all shares in UK-based Bolt and Nut Manufacturing, a manufacturer of special bolts and non-standard fasteners. Bolt and Nut has revenue of more than GBP 17 million and profitability exceeding that of Latour’s wholly owned industrial operations. The company supplies, among others, the […]

SEB raises target price for Vaisala to EUR 67, sees stronger investment case

SEB reiterates its Buy rating on measurement technology company Vaisala and raises its target price to EUR 67 from 64. The bank believes that the investment case has strengthened, driven by structural trends such as data centre investments and improved industrial activity. SEB expects earnings and order growth in the third quarter, while sales growth […]

Svevik Industri acquires Bjursås Mekaniska via Promoco

Industrial company Svevik Industri’s subsidiary Promoco Scandinavia acquires all shares in metalworking company Bjursås Mekaniska. The company has sales of approximately SEK 17 million and an EBITA result of approximately SEK 2.5 million. Promoco Scandinavia and Bjursås Mekaniska have been cooperating for a long time.

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