Consolidation in the banking sector spreads
Article Abstract:
A list of the cross-border acquisitions concerning Scandinavian companies in 1997 reveals the continuing importance of intra-Nordic deals. However, the biggest deal was the merger of UK company Amersham International with Norwegian medical products company Nycomed, which was worth 1.5 billion pounds sterling. Breakdown by industrial sector reveals that the highest level of activity occurred in the business services sector, with Swedish firm WM-Data making five of the 69 acquisitions. Consolidation in the banking sector included the merger of Finnish bank Merita and Norwegian bank Nordbanken.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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NHP makes healthy progress
Article Abstract:
UK-based nursing home specialist Nursing Home Properties (NHP) spent over 131 million pounds sterling from January 1998 to June 1998, acquiring 25 separate care home companies around the world. The 32 million pounds sterling acquisition of Ultima Holdings was the largest individual bid by NHP, gaining a total of 17 care homes with a total of 853 beds. The largest UK transaction during the period from January 1998 to June 1998 was the 6.8 billion pounds sterling acquisition of General Accident by Commercial Union.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1998
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Spring is in the air
Article Abstract:
The characteristics of the merger and acquisition (M&A) market in the Nordic region are discussed. Activity in Finland, Denmark, Sweden and Norway is analysed, including an overview of cross-border deals between 1992 and 1996 and the future prospects for the M&A market in the region.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
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