Pixelpark to buy Swedish companies in 2.4 billion euros deal

Article Abstract:

Pixelpark AG will acquire Cell Networks AB and Mandator AB for 2.4 billion euros. The deal is the first major cross-border acquisition in the consolidating electronic services industry.

Management Consulting Services, Business & Mgmt Consulting, Business consultants, Management consultants, Consulting services, Pixelpark AG, Cell Networks AB, Mandator AB

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VW buys Scania stake in long-postponed deal

Article Abstract:

Volkswagen AG will acquire a minority stake in Scania AB for 13.84 billion Swedish kronor (1.66 bilion euros). VW will acquire an 18.7% share in Scania.

Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Motor Vehicles, Automobile and Light Duty Motor Vehicle Manufacturing, Automobile industry, Volkswagen AG, Scania AB

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Volvo's shares surge on report it rejected DaimlerChrysler bid

Article Abstract:

AB Volvo saw its share value increase by 8% on July 9, 1999 after it was reported that the car maker rejected DaimlerChrysler AG's unofficial takeover offer. The report appeared in a Swedish business tabloid. DaimlerChrysler reportedly made a 330 kronor (37.83 euro) per share offer to acquire Volvo. The bid gives Volvo a value of 146 billion kronor. However, the car maker would not accept a bid of less than 400 kronor per share.

Comment:

Volvo's share value increases 8% after car maker rejects DaimlerChrysler's unofficial takeover offer

Foreign operations, Motor Vehicles & Parts, Transportation Equipment Manufacturing, Abstract, Transportation equipment industry, AB Volvo, Daimler AG

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