Examples of using Scancem in English and their translations into Swedish
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Ecclesiastic
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Official/political
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Computer
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Programming
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Political
Scancem had been created in 1995 through a transaction which combined the sole cement producer in Sweden and Finland(Euroc) with the sole cement producer in Norway(Norcem), and by which each of Skanska and Aker took a 33% shareholding in Scancem.
Scancem has signed a binding agreement concerning the sale of all of the shares in its Finnish subsidiaries,
The investigation of its earlier acquisition of joint control of Scancem(this is said to have occurred at the time Scancem was established by the 1995 merger of Euroc
The Scancem merger was on the verge of being declared illegal when Skanska was able to reach an equitable
It has also noted that Skanska acquired sole con trol over Scancem in October 1997 but notified the transaction only several months later.
Under these circumstances, Skanska could not responsibly abstain from a settlement that would avert an involuntary breakup of Scancem by the Commission.
Moreover, Skanska's undertaking to divest its shareholding in Scancem will remove the competitive concerns relating to the vertical integration between the companies.
Skanska will be free to exercise control of Scancem as from mid November,
As the major owner in Scancem, we saw it as our responsibility to find an early resolution of these matters
Skanska will achieve this by selling its entire shareholding in Scancem to another independent purchaser and also by procuring
In order to remedy the dominant positions identified, Skanska undertook to divest the whole of its shareholding in Scancem and furthermore to dispose of Scancem's cement business in Finland.
Mr. Ohlsson's strategy would have exposed Scancem and its shareholders to the following unacceptable risks.
Further to doubts raised by the European Commission in the course of its investigation, Skanska has proposed to resolve all competition concerns relating to the creation of Scancem and its ownership structure.
The European Commission has decided to open a detailed investigation into the merger by which the Swedish construction company Skanska AB acquires control of the Swedish concrete and cement producer Scancem.
We and the management of Scancem also believe that Heidelberger Zement
management that the Commission's 1995 case posed a serious threat to both Skanska and Scancem.
de facto basis and thus sole control over Scancem within the meaning of the European Merger Regulation.
Cimenteries CBR, who today also has completed its acquisition of Aker RGI's total shareholding Scancem and thereafter owns shares in Scancem corresponding to 73.4 percent of the share capital and 90.8 percent of
The settlement requires that Scancem will dispose of its cement operations in Finland
The sale of Skanska's total shareholding in Scancem to Heidelberger Zement A.G.