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  • SCA to Buy P&G European Tissue Unit Monday, 12 Mar 2007 | 5:13 AM ET

    Swedish hygiene and paper product maker SCA said on Monday it had signed a deal to buy all of Procter & Gamble's  European tissue operations for 512 million euros ($672 million) in cash.

  • VW Increases Scania Stake, Aiming for Alliance with MAN Wednesday, 7 Mar 2007 | 8:12 AM ET

    Volkswagen  said Wednesday it has increased its holdings in Swedish truckmaker Scania  to more than 35% of the voting rights, in an attempt to pave the way for a friendly alliance with German rival MAN.

  • Bacardi Wants to Buy Absolut Vodka Maker: FT Monday, 5 Mar 2007 | 2:21 AM ET

    Bacardi wants to buy Absolut vodka maker Vin & Sprit and has written to the Swedish government to express its interest, the private drinks company's chief executive told the Financial Times.

  • Electrolux Says It Swung to Fourth Quarter Profit Wednesday, 14 Feb 2007 | 4:03 AM ET

    Sweden's Electrolux, one of the world's top household appliance makers, said Wednesday it had swung to a fourth-quarter net profit from a previous loss, thanks to higher income in all its units, with particularly strong performance in Europe.

  • Sweden's Unemployment Rises to 4.6% in December Wednesday, 24 Jan 2007 | 5:44 AM ET

    Sweden's unemployment rate rose to 4.6% in December, the national statistics agency reported Thursday.

  • AOL Offers $900 Million for Swedish TradeDoubler Monday, 15 Jan 2007 | 3:55 AM ET

    AOL, the Internet division of Time Warner, said on Monday it was to buy Swedish online marketing group TradeDoubler for around $900 million as it seeks to expand its Internet advertising business.

  • Scania to Post Full-Year Results Early Wednesday, 27 Dec 2006 | 7:34 AM ET

    Swedish truck maker Scania -- subject to a hostile takeover offer by German rival MAN --_ will report its full-year results earlier than planned in a move to give shareholders more information on its finances, company officials said Friday.