Carlsberg acquires controlling stake in Chongqing Brewery for USD476 million

Carlsberg Group reportedly purchased a 30.3% stake in joint venture partner Chongqing Brewery. The Danish brewer hopes to expand its presence in China's USD76 billion liquor market.

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Denmark's TDC joins call for mergers in Nordic market

With market saturation leading to falling prices which have hurt earnings and prevented telecommunications operators from making investments, TDC Chief Executive Carsten Dilling has joined the call of his rivals for mergers.

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EDF, GDF Suez vies to win offshore wind projects in France

France's two largest petroleum and electric utility firms are vying to develop two 500-megawatt wind projects near Le Treport in France. The French government opened the bidding earlier this year to attract investments of about EUR3.5 billion.

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Ireland is Europe's haven for tech startups -survey

According to a research study by Dow Jones & Company, Ireland attracted the most venture capital funding per capita in the European region. The data showed that most Irish tech startups have fared well even during the economic recession.

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Goldman Sachs, Danish pension funds purchase shareholdings in Dong Energy

Goldman Sachs purchases 19%, Danish pension funds ATP buys 5% and PFA acquires 2% in Dong Energy A/S, the largest utilities firm in Denmark.

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Danske Bank fires its CEO

Eivind Kolding's reign as Danske Bank CEO ended when the bank fired him.

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Denmark Urges Banks to Ignore SME Capital Provision

Denmark advised Danish banks to disregard the European directive to reduce exposure charges

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Danish FSA Aids Bank, Experimental Hybrid Debt Unleashed

FSA announced that Danish banks will be free to use hybrid debt instruments that has ended bank speculations on the use of equity alone to fulfill lender requirements.

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