Energy Industry
Industry: Email Alert RSS FeedFINS MAY CUT THEIR STAKE IN FORTUM.
Europe Energy, May, 2002
The Finnish government is considering cutting its 71% stake in energy group Fortum Corp (hydrocarbons, electricity), to help the power group make more acquisitions, said the Minister of Trade and Industry. The government has already got Parliament's authorisation to cut its stake to 50.1%. The Minister did not reveal either the number of shares to be sold nor when it was likely to happen nor subject to what conditions the sale might be made.
According to the Finnish and Norwegian media, Fortum, which plans to concentrate on the Nordic region, has been discussing merging its electricity arm with Norwegian publicly owned company Statkraft...JJ:(HB)
Premium Content Partnership |
HighBeam Research provides an in-depth online archive library of reference works.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Research and Markets: Asia - Mobile Communication Tables of Statistics
- Reinsurance Rates Decline at January 1, 2010 Reinsurance Renewal, According to Annual Guy Carpenter Briefing
- Samsung Unveils the Next Generation of Camera – the NX10
- Harman Consumer America Implements Powerful New Retail Distribution Strategy
- MyShape® Premieres New Line of CJ by Cookie Johnson Jeans
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Using object-oriented analysis and design over traditional structured analysis and design
- Design a commission plan that drives sales - Sales Commissions
