UPDATE 1-NORDIC STOCKS - Factors to watch on June 29

Mon Jun 29, 2009 2:36am EDT
 
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(Adds Aker, H&M and Electrolux)

STOCKHOLM, June 29 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:

SEVAN MARINE (SEVAN.OL)

The Norwegian offshore services group said it was raising 968 million Norwegian crowns ($150 million) in a private placement. Sevan said it issued 121 million new shares at 8 crowns per share through a book-building process, below the price range it had signalled last week.

For more on the company, double click on [SEVAN.OL]

AKER SOLUTIONS (AKSO.OL)

The Norwegian company said it was selling its 33 percent stake in Odim to Rolls Royce (RR.L) at 45 Norwegian crowns per share, valuing the deal at 700 million crowns.

For more on the company, double click on [AKSO.OL]

HENNES & MAURITZ (HMb.ST)

UBS has raised its price target on the stock of the clothing chain to 370 Swedish crowns from 340 crowns.

For more on the company, double click on [HMb.ST]

ELECTROLUX (ELUXb.STContinued...

 

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