In the final stage of the privatization of Iceland Telco, Síminn, yesterday afternoon the government’s Executive Committee on Privatization opened binding bids for the government’s remaining 99 per cent share in the company.
Truck drivers and other professional drivers plan to stop traffic today at undisclosed locations to protest the recent increase in the price of diesel oil.
KB Bank posted first half results yesterday, showing profit of ISK 24.77 billion (EUR 315 million) for the first six months of 2005 – making KB Bank bigger than Iceland.
Prosthetic company Össur, generic drug maker Actavis and investment firm Baugur Group made acquisitions worth up to one billion US dollars yesterday.
