NEWS

Bloomberg: DNB Eclipses Nordea as the Biggest Bank in the Nordic Region

Category: Accounting / Financial

Norway’s DNB ASA has eclipsed perennial Nordic powerhouse Nordea Bank Abp as the biggest lender by market value in the Nordic region. DNB’s market value has now exceeded that of Nordea for the first time since the Helsinki-based lender was created through the merger of four Nordic banks at the end of 2001. Read entire […]

Source: Bloomberg

Bloomberg: Walmart Is Now Ethical Enough for Norway’s $1 Trillion Wealth Fund

Category: Accounting / Financial

Norway’s $1 trillion wealth fund revoked its more than decade-long exclusion on Walmart Inc. after the U.S. retailer tightened control over potential human rights abuses in its supply chain. Walmart has made “positive developments” in monitoring its suppliers, the fund’s Council on Ethics said in a statement released Tuesday. “Furthermore, the company engages actively in selected, high-risk […]

Source: Bloomberg

Energy Voice: ExxonMobil’s Norway exit could break records, Rystad says

Category: Business News

US supermajor ExxonMobil could be looking to fetch as much as $3.1 billion through the sale of its Norwegian portfolio, according to Rystad Energy. Rystad Energy partner Simon Sjøthun notes that a sale of this magnitude could be the largest private transaction ever recorded on the Norwegian Continental Shelf. “The valuation implies that a combined […]

Source: Energy Voice

Published: June 7, 2019

GlobeNewswire: Intertrust acquires Viteos for USD 330 million

Category: Accounting / Financial

Amsterdam, the Netherlands – 18 June 2019 – Intertrust N.V. (“Intertrust”), a leading global provider of expert administrative services to corporate, fund, capital markets and private wealth clients, today announces the acquisition of Viteos1, a provider of leading-edge technology solutions for U.S. funds, from PPC Enterprises LLC, FiveW Capital LLC (an affiliate of 22C Capital) […]

Source: GlobeNewswire

Kahoot! joins the Microsoft Partner Network and adds integration with Microsoft Teams

Category: Business News

In the education space, Microsoft is on a mission to empower every student on the planet to achieve more. With Kahoot!’s mission to make learning awesome, we believe we share common goals, so it makes us especially happy to become part of the Microsoft Partner Network. The purpose of this program is to empower students, […]

Source: Kahoot!