DENMARK: DFDS FINALISES DEAL WITH LITHUANIAN COMPANY

Article Abstract:

DFDS Tor Line has finalised the deal with the Lithuanian government regarding the privatisation of the Lithuanian shipping company Lisco, that has now been divided into two companies. DFDS owns a 76.36% stake in the part that is named AB Lisco Baltic Service. The purchase price was US$50mn.

Forenede Dampskibsselskab A/S, Aktiebolag Lisco Baltic Service

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DENMARK: SVITZER TO ACQUIRE WIJSMULLER GROUP

Article Abstract:

Svitzer, A.P. Moller's shipping company, is to finalise the acquisition of its Dutch rival Wijsmuller Group, today. Svitzer's chief executive Keld Balle-Mortensen says the decision to acquire Wijsmuller has been welcomed by clients. Svitzer is open for further acquisitions.

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DENMARK: SCANDILINES INTERESTED IN NORDO LINK

Article Abstract:

Scandilines, the Danish shipping company, is said to be interested in taking over the Swedish shipping company Nordo Link following a failure to buy the Lithuanian shipping company Lisco. Scandilines declines to comment this information.

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