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SWEDEN: UNIDANMARK AIMS AT ACQUISITION

Article Abstract:

After having acquired the Norwegian insurance company Vesta, the Danish financial group Unidanmark aims at acquiring a Swedish company, the paper writes. Hugo Andersen, head of the subsidiary Tryg-Baltica, says there are no concrete plans for the Swedish market, but agrees with the paper that Lansforsakringar Wasa might be of interest if it is transformed into a limited company. According to the paper, Lansforsakringar Wasa is the most likely acquisition object.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 1999
Strategy & planning, Unidanmark A/S

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Lithuania: Codan sells a stake in insurance company

Article Abstract:

Codan, the Danish insurance company, has sold a 15.3% stake in Lietuvos Draudimas, the biggest insurance company in Lithuania, to investment fund Investeringsfonden for Ost- og Centraleuropa and the European Bank for Reconstruction and Development (EBRD). The purchase price is DKr47mn (US$5.6mn). This deal leaves Codan with a 51% stake in Lietuvos Draudimas.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Lithuania, Foreign operations, Lietuvos Draudimas

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SWEDEN: SKANDIA RECEIVES 'SELL' RECOMMENDATION

Article Abstract:

HSBC has given the Skandia shares the recommendation 'sell'. HSBC expects earnings of SEK 1.40 per Skandia share in 2001 and SEK 1.76 in 2002.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Skandia AB

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Subjects list: Insurance, Sweden
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