Monday August 31, 07:57 AM
UPDATE 2-NORDIC STOCKS - Factors to watch on Aug 31
HELSINKI, Aug 31 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Monday:
NORDEA
The Nordic region's biggest bank said it had signed a deal to buy state-administered
Danish bank Fionia Bank (Copenhagen: AMSP.CO - news) for 121 million euros ($174 million).
Nordea said in a statement the purchase excluded the 'bad bank' portion of Fionia which fell into the hands of state administrators in February after heavy writedowns and loan losses from a property bubble that burst.
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GN STORE NORD (Copenhagen: DGN.CO - news)
Danish hearing aid and headset maker GN Store Nord said late on Friday its DPTG unit had filed a new claim of 5.0 billion Danish crowns ($964.7 million) against Polish telecom group TPSA for the period 1994 to mid-2004 in an ongoing arbitration case.
DPTG had earlier submitted a claim of 6.3 billion for the period from 1994-2007. GN Store Nord said it would later submit further claims for the remaining contract period from mid-2004 to 2009. The dispute is over money from traffic over a fibre-optic network which DPTG installed.
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KONECRANES
The Finnish crane maker holds its extra general meeting starting at 0800 GMT, where it seeks approval to issue up to 12 million shares, around 19 percent of the current total, as the market could offer 'new interesting M&A activities'.
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(Additional reporting by Copenhagen, Oslo and Stockholm newsrooms)
(Helsinki Newsroom; +358-9-6805-0244)
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