Lifco acquires German Hega Medical with revenue of EUR 1.6 million
The industrial conglomerate Lifco has signed an agreement to acquire all shares in German Hega Medical, which manufactures products for cleaning medical equipment in laboratories, clinics and hospitals. Hega Medical, which is headquartered in Munich and has ten employees, generated revenue of approximately EUR 1.6 million in 2025. The company will become part of Lifco’s […]
EU Court adviser calls for dismissal of TikTok appeal
An Advocate General at the EU Court of Justice recommends that TikTok’s appeal against the company’s classification as a gatekeeper under the EU’s Digital Markets Act, DMA, be dismissed. Reuters reports. Advocate General Andrea Biondi believes that a lower court was right to reject TikTok’s action in 2024. The EU Court of Justice’s ruling is […]
Sveafastigheter presents new management team following merger with Klarabo
Property company Sveafastigheter has appointed a new management team following the merger with Klarabo on 30 September. The management team takes office on 15 October and will drive the integration and realize synergies. The management team consists of acting CEO Sophia Mattsson-Linnala, CFO Stina Carlson, COO Ola Svensson, Heads of Property Jimmy Larsson and Ilhan […]
Caius Capital reduces holding in Prosafe – falls below 15 percent
Asset manager Caius Capital has sold a total of 675,174 shares in Norwegian offshore company Prosafe during the period from 8 to 14 October. The sales were carried out at a total transaction value of approximately NOK 3.2 million. Following the transactions, Caius Capital’s holding amounts to 51,726,154 shares, corresponding to 14.66 percent of the […]
Pertento Partners is no longer a publicly disclosed short seller in Hemnet
Pertento Partners has reduced its short position in the housing platform Hemnet to below the public disclosure threshold. There are now four publicly disclosed short sellers in the company. In total, 10.14 percent of the capital in Hemnet is shorted. The Swedish Financial Supervisory Authority requires positions above 0.1 percent to be reported, and short […]
SB1 Markets sees limited forecast changes for Entra
SB1 Markets reiterates its Neutral rating and unchanged price target of 100 Norwegian kroner for property company Entra after a report deemed neutral. Profit from property management of 306 million Norwegian kroner was 5 percent below consensus, mainly due to higher financing costs. Property values were written down by 1.4 percent, more than expected, SB1 […]
Mondi increases profit – but higher costs weigh
Packaging and paper company Mondi reports underlying EBITDA of 196 million euros for the third quarter, compared with 167 million euros in the previous quarter. However, adjusted for changes in the value of forest assets, earnings declined, mainly as a result of planned maintenance shutdowns. This is according to an operational update. Rising input costs […]
UBS considers leaving Switzerland after tighter capital requirements – WSJ
Swiss banking giant UBS is preparing a Plan B under which it would move its headquarters out of Switzerland if the country’s politicians proceed with proposals for tighter capital requirements. The Wall Street Journal reports this, citing sources familiar with the matter. Among the alternatives are buying a US financial institution, merging with a European […]
Too Good To Go expands marketplace into more product categories
Danish Too Good To Go is expanding its digital marketplace from surplus food to five new categories: personal care, pet products, flowers and plants, dietary supplements and household products. More than 8,500 stores already offer products in the new categories, of which around one-third have previously worked with the company on surplus food. The expansion […]
EFN sees continued buying opportunity in Kinnevik after disappointing report
Investment company Kinnevik’s share price is falling on Thursday after the interim report for the third quarter received a sour reception. It was also Helena Saxon’s first report as CEO. “Kinnevik’s net asset value is treading water, the bold deals are conspicuous by their absence and the new strategy is being reiterated. We see the […]
