Sampo announced on 10 November 2020 that it has reduced its ownership in Nordea in line with its strategy. Sampo sold 162 million Nordea shares in an accelerated bookbuild offering to institutional investors.

Companies generally use both equity and debt to finance their investments and operations in order to keep their capital structure optimal and return on equity attractive. Debt can be obtained directly from a bank in the form of a bank loan or from the financial markets by issuing bonds.

The first quarter of 2020 will be remembered as a very exceptional period as the whole world suddenly stopped. The coronavirus pandemic (COVID-19) and the massive containment measures have directly or indirectly affected everyone’s lives.

The Finnish Tax Administration will send pre-completed tax returns for 2019 to its individual clients resident in Finland in March or April 2020.

Cargotec's 2019 results highlights included significantly improved cash flow, an excellent year in Hiab and Kalmar, good development in services and a strong order book. But what are the hottest topics raised to our IR team?

Sampo’s subsidiary If has agreed to acquire the Nordic roadside assistance company Viking Redningstjeneste TOPCO A/S. The acquisition price for 100 per cent ownership of the company is EUR 32 million, which will be paid in cash. The enterprise value of the transaction is EUR 114 million.