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May 27, 2012
Vattenfall bids for Elsam
Published: 19 Jan 05 01:41 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/870/20050119/
At a press conference in Copenhagen on Monday state energy company Vattenfall announced a bid to be the major shareholder in Denmark’s largest electricity producer Elsam. The bid is worth around 19 billion crowns and if it is susccessful Vattenfall will own two thirds of the company, according to DI.
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DI reports that the move poses a threat to the Danish state’s attempt to create a Danish energy giant by merging Elsam with state oil and gas company Dong.
Sources: Dagens Nyheter, Svenska Dagbladet, Dagens Industri
Supplied by BECK TRANSLATIONS.
With an experienced team of in-house translators, Beck specialises in translating from Swedish into English in such areas as finance and economics, marketing and advertising, biotechnology, the environment, quality, and personnel & administration.
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lång
adjective
Lång means long, tall and can be used for height, distance or time.
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