If You Can’t Beat ’em, Buy ’em
Posted by Exile on January 11, 2008
I wonder if anyone else finds this a bit creepy?
Danish companies are enjoying increasing attention from Arabic investment funds, according to financial daily Børsen.
‘We are immensely interested in Denmark and the Nordic region. The countries are politically and economically stable,’ said Abdulla Saleh Janahi, managing director of United International Bank.
The bank bought the Danish company Kosan Crisplant on Tuesday.
Half a year ago, a capital investment fund with headquarters in Bahrain bought Icopal, another Danish company.
Kosan are well placed in the bottled gas industry. Icopal make roofing and insulation materials.
File it under miscellaneous in the intelligence archive!