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 […]
Pareto Securities raises its price target for Stolt-Nielsen to NOK 342 (310), reiterates Hold
Pareto Securities raises its price target for Stolt-Nielsen to NOK 342 (310), reiterates Hold
Ambea receives all regulatory approvals for Humana bid
Healthcare and care services company Ambea has received all necessary regulatory approvals for the recommended public offer for Humana. The competition authorities in Sweden, Norway and Finland have completed their reviews without taking any further action. The Inspectorate for Strategic Products has also left Ambea’s notification under the Act on the Screening of Foreign Direct […]
Ovzon receives American SATCOM order worth SEK 90 million
Technology company Ovzon has received a twelve-month order for SATCOM services from a new customer within the US government administration. The total order value amounts to SEK 90 million. The order comprises Ovzon’s integrated SATCOM platform with the Ovzon 3 satellite, third-party satellite capacity and the company’s mobile satellite terminals. The service is expected to […]
Qube reduces short position in Hunter Group below reporting threshold
Qube Research & Technologies has reduced its short position in Norwegian Hunter Group to below 0.5 percent of the shares. The change is dated September 24. Consequently, Qube’s position is no longer a public short position. Citadel Securities (Europe) continues to hold a public short position of 0.79 percent in Hunter Group, corresponding to just […]
North Korea tests coordinated attacks with drones and missiles
North Korea has begun practicing attacks in which drones are combined with missiles, rockets and long-range artillery to overwhelm the adversary’s air defenses. The Wall Street Journal reports. The tactic resembles methods used in Ukraine and the Middle East. In September, North Korea also tested what it says are hypersonic missiles, as well as an […]
Fearnley raises target price for Torm to 300 Danish kroner (245), reiterates Buy – BN
Fearnley raises target price for Torm to 300 Danish kroner (245), reiterates Buy – BN
Thedéen sees risks in debt-financed AI boom
Riksbank Governor Erik Thedéen sees risks in the large investments in AI, particularly because much of them are financed with debt. He says this in Ekot’s Saturday interview on Sveriges Radio. Thedéen says that AI could have a major positive impact on the economy, but that it is unclear which companies will be winners and […]
Arctic initiates coverage of Cellavision with a Buy rating and a price target of SEK 205 – BN
Arctic initiates coverage of Cellavision with a Buy rating and a price target of SEK 205 – BN
Company affiliated with G5 Entertainment CEO Vlad Suglobov buys shares for SEK 1.9 million
Wide Development, a company affiliated with CEO Vlad Suglobov, purchased 30,000 shares in game developer G5 Entertainment on 22-24 September. The shares were purchased at a price of SEK 64.23 per share, a transaction worth SEK 1.9 million. The transactions were carried out on Nasdaq Stockholm. This is shown in the Swedish Financial Supervisory Authority’s […]
