Aker BioMarine and Goldberg form joint venture
Kjell Inge Røkke controlled Aker BioMarine is engaged in the production of Omega3 products. The new company will own Trygg Pharma AS and Natural Nutrition Development Ltd AS (“NND”), both wholly owned subsidiaries of Aker BioMarine. Lindsay Goldberg will pay up to NOK 280 million for the 50% stake in NewCo, of which NOK 140 million is paid upfront and another NOK 140 million is subject to certain development milestones. (NRK)
Monday, 06 September 2010 06:39
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An affiliate of Lindsay Goldberg LLC – a New York-based private investment firm - has entered into an agreement with Aker BioMarine ASA to acquire 50% of all outstanding shares in a newly established joint venture company.
The Indian Supreme Court has cancelled 122 cellular phone licences granted by the Government of India in 2008, including 22 licences to Uninor, a daughter of Norway's Telenor.
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This week's report by an expert group stating that building a new network for high speed trains in Southern Norway would be feasible, has been met wiith opposition across party lines, also in the coalition government.
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Low cost airline Norwegian has announced that it has ordered 222 new aircraft from both Boeing and Airbus, at a total cost of NOK 127 bilion, to be delivered from 2016 onward.
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As part of the already planned cost reductions in the new strategic platform 4Excellence, the Nordic airline SAS will reduce the number of full-time positions in the administration with 300.
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Danish media group Egmont increases its ownership from 50 to 100 % of Norway’s largest commercial electronic media house. The price is 2.1 billion NOK (274 million EUR).
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The U.S. has delayed the production and purchase of 120 F-35 fighter jets, Aftenposten reports, something which could also cause problems for Norway’s new fleet.
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Prices of new detached houses increased by 1.7 per cent from the second quarter to the third quarter of 2011.
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The Norwegian Air Force's F-16 fighter jets will be equipped with new wings in order to function until the new F35 jets arrive and are ready to be used in about eight years.
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On his visit to Australia, Prime Minister Jens Stoltenberg on Friday opened the new Norwegian Farstad Shipping Offshore Simulation Centre in Perth.
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The first kilowatt hour from the offshore wind farm at Sheringham Shoal has been delivered to the UK grid. The wind farm owned by Norway's Statoil and Statkraft will be completed next year.
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Total investments in Norwegian manufacturing, mining and quarrying and electricity supply will be higher in 2011 than in 2010, Statistics Norway (SSB) reports.
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Further delays in the purchase of the F-35 fighter jet could result in Norway having no operating fighting jets at all, warns State Secretary Roger Ingebrigtsen.
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The Financial Supervisory Authority (FSA) orders Norwegian banks to quickly start implementing new guidelines and terms for mortgages.
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