Sorry to tell - the danish company Phase One is sold to a Danish Capital fund Axcel for 150 mio. US doller.
My "national enthusiasm" has thereby decreased while Capital Funds are known for not paying tax (in contrary to our nearby all other national company's) to the welfare system in which they operate, and here Denmark.
And known for pumping the finances up and thereafter selling again, often with big untaxed profits - and sometimes with an uncertain life in the future (because of "overdone" value).
That is a shame, but is unfortunately taking place all over.
A very bad choice of direction to chose such a buyer - for such an else good company.
Thorkil
My "national enthusiasm" has thereby decreased while Capital Funds are known for not paying tax (in contrary to our nearby all other national company's) to the welfare system in which they operate, and here Denmark.
And known for pumping the finances up and thereafter selling again, often with big untaxed profits - and sometimes with an uncertain life in the future (because of "overdone" value).
That is a shame, but is unfortunately taking place all over.
A very bad choice of direction to chose such a buyer - for such an else good company.
Thorkil