Day: May 2, 2022

Today, Tryg A/S and Intact Financial Corporation, have completed the sale of Codan Forsikring A/S’ Danish business (‘Codan DK’) to Alm. Brand A/S, having received all required approvals. On June 11 2021, it was announced that Codan DK was acquired by Alm. Brand for a total cash consideration of DKK 12.6bn. Tryg receives 50% of the sales proceeds amounting to approximately DKK 6.3bn. As already announced on April 27th, Tryg will use the proceeds to carry out a share buyback programme of DKK 5bn which will start on May 3rd 2022. TryghedsGruppen does not expect to participate in the share buyback programme to facilitate overall increased ownership of Tryg. “We are pleased with the sale of Codan Denmark to Alm. Brand, which marks an important milestone for Tryg. Not only is this the final step in a well-run process to acquire RSA’s Norwegian...

Announcement no. 11/2022 Completion of the acquisition of Codan Forsikring’s Danish business and appointment of new Group Management Alm. Brand has today completed the acquisition of Codan Forsikring’s Danish business (“Codan”), thereby creating the second-largest non-life insurance company in Denmark with a more diversified customer portfolio, estimated at about 700,000 households and corporate customers. The new Alm. Brand Group will consist of eight business areas, each headed by an Executive Vice President who will be in charge of managing and developing the business area across the group’s brands. Five business areas are directly related to insurance operations and customer service (Industry, Commercial, Private, Bancassurance and Claims Services), while three business areas (Business Development & Technology, Finance and Staff...

Gasunie and Vopak will jointly develop future open access hydrogen import terminal infrastructureTerminal infrastructure is essential for importing green hydrogen to reach the European Green Deal targetsGroningen / Rotterdam, the Netherlands, 2 May 2022 Gasunie and Vopak today announced that they have entered into a cooperation agreement. The aim is to jointly develop future terminal infrastructure projects that will facilitate the necessary imports of hydrogen into Northwest Europe via Dutch and German ports. Both parties have been working together in the Gate LNG-terminal in the Port of Rotterdam that came into operation in 2011. Alongside domestic production of hydrogen, large-scale import of green hydrogen will become essential for reaching the European Green Deal and the Fit for 55 targets. Import initiatives are developing...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Lundin Energy AB (“Lundin Energy”) is pleased to announce that Lundin Energy and Aker BP have received all necessary approvals from the Norwegian Ministry of Petroleum and Energy, Norwegian Ministry of Finance and the Norwegian competition authority, for the completion of the combination between Lundin Energy’s E&P business and Aker BP (the “Combination”). As previously communicated the Combination was approved by the shareholders of Lundin Energy and Aker BP, respectively, at Lundin Energy’s...

Dovre Group Plc                Press release                 May 2, 2022 at 9 am DOVRE GROUP SIGNS FRAME AGREEMENT WITH AIBEL IN NORWAY Dovre Group together with its partners Engineering Consultants Norway and Future Technology has secured a frame agreement with Aibel AS in Norway. The scope of work is Consultancy Services and includes hire of temporary personnel within project/multidiscipline, construction, commissioning, supply chain, economy, ICT and administrative disciplines. The frame agreement is valid for 2 years with option to extend the agreement 3 times by 2 years, i.e. maximum 8 years. “We are very pleased to have been awarded this agreement and chosen as one of Aibel’s preferred suppliers. When we acquired Tech4hire in 2019 (merged with Dovre in 2020), Aibel was their largest client. Winning this new long-term frame agreement...

In connection with the business combination between The Drilling Company of 1972 A/S (“Maersk Drilling”) and Noble Corporation (“Noble”, and together with Maersk Drilling, the “Parties”) announced on 10 November 2021 (link) (the “Business Combination”), Noble has made a filing on Form 8-K (link) providing an update on the ongoing merger control process for obtaining clearance in the UK for the Business Combination. The process remains ongoing following the UK Competition and Markets Authority’s (“UK CMA”) Phase 1 decision on 22 April 2022 pursuant to which the UK CMA stated that the transaction gives rise to a realistic prospect of a substantial lessening of competition and that a remedy to address such effect would be required to avoid a reference to a Phase 2 review. As a result, Noble and possibly Maersk Drilling plan to offer to divest...

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange GENEVA, Switzerland – May 2, 2022 – ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies for women’s health, today announced the appointment of Dr. Brandi Howard as Chief Clinical Officer and member of the company’s Executive Committee, effective May 9, 2022. Dr. Howard, who brings to ObsEva more than 20 years of women’s health expertise, will be responsible for the Company’s clinical development and medical affairs strategy. She succeeds Dr. Elizabeth Garner, who will be departing the Company on May 6, 2022 to pursue a new opportunity. To help ensure a smooth transition, Dr. Garner has agreed to provide advisory consulting services to ObsEva on an as needed basis. “We are pleased to welcome Brandi, a recognized...