By Rachel Fixsen2021-01-20T15:07:00+00:00
The DKK10bn (€1.3bn) crisis fund set up by the Danish government to recapitalise big companies struggling with the impact of the coronavirus pandemic opened for investment applications yesterday, with the head of PensionDanmark in place as its chair.
The Danish Recovery Fund (Danmarks Genopretningsfond) announced in a statement that it was now ready to receive applications for capital contributions, with the virus outbreak having led to financial challenges for many firms in the country.
Established as a 100% state-owned joint stock company under the Ministry of Finance, the recovery fund said it can only invest in preference shares – equity without voting rights – of larger Danish companies hit by the pandemic.
Denmark and Beijing boost for Bird & Bird
Published by: Sandy Bhadare at 11 Dec 2020 Bird & Bird has added corporate talent to its team in Copenhagen and Beijing, driving its internation.
Bird & Bird has added corporate talent to its team in Copenhagen and Beijing, driving its international corporate growth.
Morten Rosenmejer and
Bird & Bird in Copenhagen and Beijing, respectively.
A mergers and acquisitions (M&A) expert with a focus on the technology, media, entertainment and retail industries, Rosenmejer has joined Bird & Bird from
Lundgrens, leaving as a partner after five years’ service. Prior to this, he was a lawyer at
Kromann Reumert for over a decade.