Helena Soderpalm
Stories by Helena Soderpalm
Advent, Singapore’s GIC withdraw $8b bid for Swedish drugmaker Sobi
The companies cited a low acceptance level for the bid withdrawal.
Swedish drugmaker SOBI agrees $8b takeover bid from Advent, Singapore’s GIC
SOBI sells drugs for haemophilia, autoimmune diseases, metabolic diseases and cancer supportive care.
AB Volvo buys Chinese truck business for about $125.7m
The acquired business includes a manufacturing site in China's northern city of Taiyuan.
Geely, Volvo to launch powertrain venture after failed merger
A year ago the two said they were planning to merge, giving Volvo access to public markets.
Volvo Cars refinances $500m worth of preference shares with Swedish investors
Volvo Cars said the deal was a vote of confidence in its business from major investors including Swedish pension fund AMF and Swedish insurance and p
Tencent, Spotify agree to swap stakes in music businesses
Tencent will also take a minority stake in Spotify through secondary purchases. The deal will help Spotify, a music streaming leader in Europe and Nor
Spotify’s valuation goes up to $16b in private trades
Increased valuation in private trades raise the prospect of a bumper flotation next year.
Electrolux share price slumps 10% as $3.3b deal to acquire GE’s appliance falls through
The deal violates US antitrust laws, as Electrolux, GE, & Whirlpool make 90% stoves/ovens sold to US big business
