Pálmi Haraldsson to Join FL Group? Skip to content

Pálmi Haraldsson to Join FL Group?

Jón Ásgeir Jóhannesson, chairman of the board of Iceland-based investment company FL Group, met Pálmi Haraldsson, head of investment company Fons, at Haraldsson’s office in Reykjavík yesterday to discuss his potential participation in FL Group.

According to Fréttabladid, the goal is to have companies that Jóhannesson and Haraldsson represent to contribute financially to FL Group’s operations to strengthen the investment company after heavy losses this year.

FL Group’s market value has decreased by ISK 130 billion (USD 2.1 billion, EUR 1.4 billion) since February 2007, Morgunbladid reports. Yesterday, it was announced that Hannes Smárason would step down as FL Group’s CEO.

Click here to read more about FL Group.

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