Baltic

Ellevio announces a cash offer of SEK 90 per share to the shareholders of Dala Energi

Retrieved on: 
Tuesday, April 2, 2024
Energi, OMERS, Electricity, Employment, Baltic, Communication, Knowledge, FDI, History, Acquisition, Transport, Wind, City, Investment, Stockholm District Court, AMF, Weather, Legislation, Telecommunications, Companies Act, Nasdaq Stockholm, ICT, Cryptocurrency

STOCKHOLM, April 2, 2024 /PRNewswire/ -- The Ellevio group, through Ellevio Holding 1 AB[1] ("Ellevio") together with its subsidiaries (the "Ellevio Group"), hereby announces a public offer to the shareholders of Dala Energi AB (publ)[2] ("Dala Energi" or the "Company") to tender all shares in Dala Energi to Ellevio at a price of SEK 90 per share (the "Offer"), which represents a premium of 86.5 per cent to the volume-weighted average trading price of SEK 48.3 for the shares over the last 90 trading days. The shares in Dala Energi are listed on Nasdaq First North Growth Market.

Key Points: 
  • Ellevio offers SEK 90 in cash per share (the "Offer Price") in Dala Energi.
  • The total value of the Offer, based on all 24,771,656 shares in Dala Energi amounts to approximately SEK 2,229 million.
  • Ellevio offers SEK 90 in cash for each share in Dala Energi.
  • Dala Energi is the parent company in a group with the fully owned subsidiaries Dala Energi Kraftproduktion AB, Dala Energi Fibernät AB and Dala Energi Elnät AB.

Ellevio announces a cash offer of SEK 90 per share to the shareholders of Dala Energi

Retrieved on: 
Tuesday, April 2, 2024
Energi, OMERS, Electricity, Employment, Baltic, Communication, Knowledge, FDI, History, Acquisition, Transport, Wind, City, Investment, Stockholm District Court, AMF, Weather, Legislation, Telecommunications, Companies Act, Nasdaq Stockholm, ICT, Cryptocurrency

STOCKHOLM , April 2, 2024 /PRNewswire/ -- The Ellevio group, through Ellevio Holding 1 AB[1] ("Ellevio") together with its subsidiaries (the "Ellevio Group"), hereby announces a public offer to the shareholders of Dala Energi AB (publ)[2] ("Dala Energi" or the "Company") to tender all shares in Dala Energi to Ellevio at a price of SEK 90 per share (the "Offer"), which represents a premium of 86.5 per cent to the volume-weighted average trading price of SEK 48.3 for the shares over the last 90 trading days. The shares in Dala Energi are listed on Nasdaq First North Growth Market.

Key Points: 
  • Ellevio offers SEK 90 in cash per share (the "Offer Price") in Dala Energi.
  • The total value of the Offer, based on all 24,771,656 shares in Dala Energi amounts to approximately SEK 2,229 million.
  • Ellevio offers SEK 90 in cash for each share in Dala Energi.
  • Dala Energi is the parent company in a group with the fully owned subsidiaries Dala Energi Kraftproduktion AB, Dala Energi Fibernät AB and Dala Energi Elnät AB.

Kinnevik’s Tele2 stake acquired by Freya Investissement

Retrieved on: 
Monday, February 26, 2024
Investment, Growth, Baltic, NJJ, Tranche, Party, Security (finance)

Freya Investissement will become the reference shareholder of Tele2 upon closing of the transaction.

Key Points: 
  • Freya Investissement will become the reference shareholder of Tele2 upon closing of the transaction.
  • Freya Investissement (“Freya”), a special investment vehicle jointly owned by iliad and NJJ Holding, today announces that it has entered into a binding agreement to acquire approximately 19.8% of the share capital of Tele2 AB (publ) (“Tele2” or the “Company”) from Kinnevik AB (publ) (“Kinnevik”), an investment company focused on digital consumer businesses.
  • The investment offers Freya an attractive opportunity to become the reference shareholder in Tele2, a company that shares important characteristics with iliad.
  • Furthermore, the transaction will not entail that Freya will be under any obligation to make a mandatory takeover offer to the shareholders of Tele2.

Galapagos announces full year 2023 results and outlook for 2024

Retrieved on: 
Thursday, February 22, 2024
Technology transfer, CD19, Filgotinib, Lupus, Multiple myeloma, DL2, Dermatomyositis, Acceleration, Baltic, BCMA, Mantle cell lymphoma, European Commission, Indolent lymphoma, JAK1, Safety, EBMT, RT, TYK2, CFO, PRAC, MAA, Richter's transformation, Euronext, Executive Committee, JAK, UC, Patient, SLE, Pharmaceutical industry

In addition, we entered into a strategic collaboration with BridGene Biosciences to advance our growing early-stage pipeline in precision oncology.

Key Points: 
  • In addition, we entered into a strategic collaboration with BridGene Biosciences to advance our growing early-stage pipeline in precision oncology.
  • Signed an agreement with Boston-based Landmark Bio and started the technology transfer for the decentralized production of Galapagos’ CAR-T cell therapy candidates.
  • Further streamlined our operations with a reduction of approximately 100 positions across the Galapagos organization to align with the Galapagos’ renewed focus on innovation.
  • Signed a strategic collaboration and license agreement with BridGene Biosciences to further strengthen Galapagos' growing early-stage oncology precision medicine pipeline.

Poland Construction Market Forecast Report: Average Annual Growth Rate of 3.4% is Predicted During 2025-2027, Under the Kolej Plus Program, the Government Plans to Spend PLN6.6 billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 21, 2024
Commercial Building & Real Estate, Construction & Property, Rail, Maritime, Urban Planning, Transport, Public Policy, Government, Architecture, White House, Federal Government, Residential Building & Real Estate, REPowerEU, Minister, Construction, European Investment Bank, Investment, BofA Securities, Growth, Baltic, Sector, Commercial, City, Council, CEF, EIB

The construction industry in Poland was forecast to grow by 1.3% in real terms in 2023, owing to government efforts to increase investment in transport and energy infrastructure projects.

Key Points: 
  • The construction industry in Poland was forecast to grow by 1.3% in real terms in 2023, owing to government efforts to increase investment in transport and energy infrastructure projects.
  • In June 2023, the country received PLN4.4 billion ($906.8 million) in funding from the European Union's Connecting Europe Facility (CEF) to implement transport infrastructure projects.
  • Under the Kolej Plus program, the government plans to spend PLN6.6 billion ($1.7 billion) by 2028 to develop railway infrastructure in cities that currently do not have access to railway transport.
  • It provides -
    Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Poland, featuring details of key growth drivers.

DECEMBER VOLUMES: FREIGHT 2% LOWER, PASSENGERS 8% HIGHER

Retrieved on: 
Friday, January 12, 2024
Channel, Baltic

Mediterranean volumes were below 2022 following lower volumes between Istanbul and Italy due to primarily timing differences in automotive manufacturing.

Key Points: 
  • Mediterranean volumes were below 2022 following lower volumes between Istanbul and Italy due to primarily timing differences in automotive manufacturing.
  • In 2023, the total transported freight lane metres decreased 7.9% to 38.4m from 41.7m in 2022.
  • Ferry – passenger: The number of passengers in December increased 8.1% following more Channel passengers as well a higher number of passengers on the routes connecting Norway-Denmark and UK-Netherlands.
  • In 2023, the total number of passengers increased 19.4% to 4.5m from 3.8m in 2022.

NOVEMBER VOLUMES: FREIGHT 2% LOWER, PASSENGERS 4% HIGHER

Retrieved on: 
Wednesday, December 13, 2023
Baltic, Strait of Dover, Channel

North Sea volumes were below 2022 due to lower volumes between the UK and on the other side Scandinavia and the Continent.

Key Points: 
  • North Sea volumes were below 2022 due to lower volumes between the UK and on the other side Scandinavia and the Continent.
  • For the last twelve months 2023-22, the total transported freight lane metres decreased 8.9% to 38.5m from 42.3m in 2022-21.
  • Ferry – passenger: The number of passengers increased 4.4% driven by primarily more Channel passengers.
  • The total number of passengers increased 26% to 4.5m for the last twelve months, 2023-22, from 3.5m in 2022-21.

ESTO launches crowdfunding campaign: an opportunity to join a financial success story

Retrieved on: 
Thursday, December 14, 2023
Sale, Crowdcube, EBITDA, Growth, Baltic, Record, GMV, Tourism, Video game, Baltic states

TALLINN, Estonia, Dec. 14, 2023 /PRNewswire/ -- ESTO, one of the leading non-bank financial institutions in the Baltics, is set to embark on an exciting journey with the launch of its crowdfunding campaign, inviting individuals to invest in the Company. The campaign (www.esto.eu/crowdfunding) is running through December in collaboration with Crowdcube.

Key Points: 
  • With seven years of development encapsulated in its journey, ESTO has solidified its position through strategic partnerships with major Baltic retailers.
  • The crowdfunding initiative is a strategic move to accelerate growth in existing markets and open new revenue channels rapidly.
  • For potential investors, ESTO presents an opportunity to be part of our story.
  • Don't miss your chance to be part of this adventure to reshape the e-commerce landscape in the Baltics and beyond.

ESTO launches crowdfunding campaign: an opportunity to join a financial success story

Retrieved on: 
Thursday, December 14, 2023
Sale, Crowdcube, EBITDA, Growth, Baltic, Record, GMV, Tourism, Video game, Baltic states

TALLINN, Estonia, Dec. 14, 2023 /PRNewswire/ -- ESTO, one of the leading non-bank financial institutions in the Baltics, is set to embark on an exciting journey with the launch of its crowdfunding campaign, inviting individuals to invest in the Company. The campaign (www.esto.eu/crowdfunding) is running through December in collaboration with Crowdcube.

Key Points: 
  • With seven years of development encapsulated in its journey, ESTO has solidified its position through strategic partnerships with major Baltic retailers.
  • The crowdfunding initiative is a strategic move to accelerate growth in existing markets and open new revenue channels rapidly.
  • For potential investors, ESTO presents an opportunity to be part of our story.
  • Don't miss your chance to be part of this adventure to reshape the e-commerce landscape in the Baltics and beyond.

Exclusive Holland America Line Offer Provides Onboard Credit to Virginia Residents for 2024 Europe Cruises

Retrieved on: 
Monday, November 27, 2023
America Line, Holland America Line, Tax, Have It All, Baltic, Mediterranean Sea

SEATTLE, Nov. 27, 2023 /PRNewswire/ -- Virginia residents planning their 2024 European vacations can now make their money go further with a Holland America Line cruise. When booking through Jan. 31, Holland America Line will provide $50 in onboard credit for the first and second guest in a stateroom when booking select European departures sailing in 2024. This promotion can also be combined with a $500 air credit offer for the first and second guest in a stateroom and Holland America Line's "Have It All" premium package which provides even more amenities, like shore excursions, a beverage package, specialty dining and Wi-Fi.

Key Points: 
  • SEATTLE, Nov. 27, 2023 /PRNewswire/ -- Virginia residents planning their 2024 European vacations can now make their money go further with a Holland America Line cruise.
  • When booking through Jan. 31, Holland America Line will provide $50 in onboard credit for the first and second guest in a stateroom when booking select European departures sailing in 2024.
  • "For residents of Virginia, the time is now to book a European cruise.
  • With up to $100 in onboard credit per cabin, a credit for airfare and options like our premium 'Have it All' package, guests can make their money go further while exploring all the region has to offer," said Beth Bodensteiner, chief commercial officer for Holland America Line.