Brothers Lose Ownership of Iceland’s Largest Company

lumpsucker_fish_psIcelandic entrepreneur brothers Lýður and Ágúst Guðmundsson were set to acquire up to 25 percent of shares in food processing company Bakkavör, which they founded, provided they repaid their claimants by mid-2014. However, now it is clear that they will lose their entire stake in Bakkavör Group.

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Icelandic Pharmaceutical Company Actavis Sold

bjorgolfurthor_goThe sales process of Iceland’s Actavis to American pharmaceutical company Watson for EUR 4.25 billion (ISK 700 billion, USD 5.55 billion) was completed yesterday. A large part of the sale price will be used to repay the debts of Novator, the investment company of Icelandic tycoon Björgólfur Thor Björgólfsson.

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Wanderer schießt Adlerfoto

esja-rvk_psNachdem Emil Valgeirsson auf einer Wanderung an den Kerhólakambur vergangene Woche einen Adler in der Luft fotografiert hatte, ist die Frage aufgekommen, ob auf der Esja neuerdings Seeadler nisten.

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Pottwale in den Westfjorden

spermwhales_smallJón Halldórsson, Briefträger und Amateurfotograf aus Hólmavík in den östlichen Westforden war sehr überrascht, als er am Montagmorgen eine Gruppe von zehn Pottwalen im inneren Gebiet des Steingrímsfjörður erblickte.

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