Solidium has today conditionally agreed to purchase approximately 4.4 million Tieto shares from EVRY’s largest shareholder Funds advised by Apax Partners LLP, acting through the company Lyngen Holdco S.A.R.L. (“Apax”). The sale and purchase contemplated is conditional, among other, upon the completion of the merger of Tieto and EVRY and includes customary conditions precedent.Solidium’s shareholding in Tieto is currently 10.0%. After completion of the cross-border merger of Tieto and EVRY, Solid... Read more

Solidium supports the transaction announced today by Tieto Corporation and EVRY ASA to combine the two companies through a merger. The foundation of the merger is based on highly complementary businesses in Norway, Finland and Sweden. With combined revenue of close to EUR 3 billion and 24,000 professionals, TietoEVRY will be well positioned to create digital advantages for Nordic enterprises and society. TietoEVRY will have its legal domicile in Espoo, Finland. Solidium’s shareholding in Tieto i... Read more

The Extraordinary General Meeting of Solidium Oy was held in Helsinki on 2 April 2019. The Extraordinary General Meeting resolved that Solidium will transfer shares in Kemira, Nokia and Sampo (A-shares) worth EUR 80 million in total as capital repayment to the State of Finland. The State of Finland will transfer the shares further to Oppiva Invest Oy, which acts under the Finnish National Agency for Education in order to execute projects within vocational education and training.Consequently, Sol... Read more

The Extraordinary General Meeting of Solidium Oy was held in Helsinki on 21 March 2019. The Extraordinary General Meeting resolved that Solidium will transfer shares in Kemira, Outokumpu and SSAB (B-shares) worth EUR 60 million in total as capital repayment to the State of Finland. Consequently, Solidium’s holding in Kemira will decrease from 15.8 per cent to 14.9 per cent, in Outokumpu from 22.8 per cent to 21.6 per cent and in SSAB from 13.5 per cent to 12.6 per cent (from 10.0 per cent to 9.8... Read more

Solidium Oy has acquired 5.1 per cent of the shares in Nokian Tyres for approximately EUR 205 million, price per share EUR 29.3. The shares have been acquired from the market over the last few months. Following the share purchases, Nokian Tyres represents approximately 3 per cent of Solidium’s equity investments, totalling approximately EUR 8.1 billion.”Nokian Tyres has successfully executed its niche strategy in the global tyre market for a long time already. The company has promising growth op... Read more

The Extraordinary General Meeting of Solidium Oy was held in Helsinki on 13 March 2019 and elected Director General, Ownership steering department Kimmo Viertola as a new member of the Board. State Secretary Paula Lehtomäki had announced her resignation from Solidium's Board of Directors after being elected Secretary General of the Nordic Council of Ministers. Read more

Resolutions of the Extraordinary General Meeting Read more

The return on equity holdings started to decline in the second half of the year. Solidium’s return on equity holdings was -16.9% for the six-month period and -13.1% for the full calendar year 2018 Read more

Financial year 1 July 2017–30 June 2018 Read more

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN OR INTO ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW Read more