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Silicon maker Elkem plans Oslo IPO as Chinese owner cuts stake
Category: Accounting / Financial
Norway’s Elkem, a producer of silicon for solar panels and a supplier to steel makers and chemical firms, plans to raise some 5 billion Norwegian crowns ($640.16 million) in an initial public offering, it said on Monday. The company’s current owner, China National Bluestar, will reduce its stake while remaining a long-term majority shareholder following […]
Source: CNBC
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U.S. sues to stop Norway’s Wilhelmsen from buying rival Drew Marine
Category: Government
The U.S. Federal Trade Commission said on Friday it would challenge in court the Norwegian company Wilhelmsen Maritime Services’ (WWI.OL) plan to buy smaller U.S. rival Drew Marine Group. The FTC said the $400 million proposed deal would reduce competition in the market for marine water treatment chemicals, used in a ship’s boiler water and […]
Source: Reuters
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Several AmCham Members Listed As Ethisphere Institute Announces 135 Companies Honored as World’s Most Ethical Companies
Category: Financial / Investment
For the 12th year, honorees expand their positive impact on global society and see increased performance results. See the full company list HERE. New York, NY–February 12, 2018–The Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, today announced 135 companies spanning 23 countries and 57 industries as the 2018 World’s Most […]
Source: World's Most Ethical Companies
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Statoil started drilling at new field
Category: Energy
In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction from USD 34 to USD 16 per barrel. The investment budget for Oseberg Vestflanken 2 has been reduced from NOK 8 billion to NOK 6.5 billion. Recoverable […]
Source: Statoil.com
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Uber: Innspill vedrørende ny yrkestransportlov
Category: Automobile / Transport
Uber setter pris på å kunne legge frem våre innspill til Samferdselsdepartementet om det fremtidige lovverket for kommersiell persontransport. Uber deler Regjeringens målsetning om å endre det nåværende regelverket for å tilrettelegge for økt konkurranse i markedet. Det vil komme både forbrukere og de som jobber i næringen til gode. I tillegg vil det ha […]
Source: DN
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