A consortium including a fund managed by $EQT (-8,38 %) managed by EQT AB, has made an offer to acquire the Swedish financial services company Fortnox AB. $FNOX Fortnox AB. The price offered is SEK 90 per share, which represents a premium of 38% compared to Fortnox's closing price on March 28, 2025. The deal values Fortnox at a total of approximately SEK 44.5 billion (approx. USD 4.5 billion).

Fortnox-Styrelse (Board of Directors) recommends that shareholders accept the offer, arguing that the company's further expansion can "best succeed in a private environment". The main shareholder Olof Hallrup is also involved in the offer, which underlines the takeover intentions.

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Another large European non-food discounter is the Pepco Group ($PCO (-2,36 %)), which owns the Poundland, Pepco and Dealz brands.

Dealz is mainly active in Poland, Ireland and Spain. Poundland is active in the UK and Ireland. Pepco is the largest chain with over 3000 stores in 17 European countries.

72% of the Pepco Group is owned by the South African Ibex Topco B.V.. The Pepco Group itself is also listed and can be traded on the Warsaw Stock Exchange. In 2023, the Pepco Group generated €5.6 billion in revenue and €753 million in profit before tax.

The chain that many people are probably also familiar with is the Flying Tiger Group. Until recently, the group was owned by the private equity company EQT ($EQT (-8,38 %) ). However, they have sold all their shares to the Danish investor Treville, which is not listed on the stock exchange.

Click here for part 1: https://getqu.in/AWbuxi/

Here is a summary of important events & the Formatting is Getquin's fault!

US MARKET🇺🇸

Monday

Publication of the Empire State Manufacturing Survey of the New York Fed for April.

Publication of the retail sales in the USA for March.

Publication of the business inventories for February.

Publication of the homebuilder confidence for April.

Speeches by Lorie LoganPresident of the FED of Dallasand Mary C. DalyPresident of the FED Bank of San Francisco.

Quarterly reports from Goldman Sachs ($GS (-8,38 %) ), Charles Schwab ($SCHW (-4,72 %) ) and M&T Bank ($MTB (-10,4 %) ).

Tuesday

Publication of the building permits for March.

Publication of the industrial production for March.

Quarterly reports from UnitedHealth Group ($UNH (+1,1 %) ) , Johnson & Johnson ($JNJ (+1,39 %) ), Bank of America ($BAC (-10,68 %) ), Morgan Stanley ($MS (-8,63 %) ), BNY Mellon ($BK (-6,58 %) ) and PNC Bank ($PNC (-10,46 %) ).

Wednesday

Publication of the mortgage applications for the week ending April 12.

Publication of the FED Beige Books.

Quarterly reports from United Airlines ($UAL (-14,68 %) ), Abbott Laboratories ($ABT (-2,43 %) ), U.S. Bancorp ($USB (-9,51 %) ), Travelers Cos. ($TRVC34 ), Citizens Financial ($FCNCA (-13,2 %) ), First Horizon ($FHN (-13,54 %) ) and Discover Financial Services ($DFS (-9,74 %) ).

Thursday

Publication of initial jobless claims for the week ending April 13.

Publication of the Philadelphia Fed Manufacturing Survey for April.

Release of existing home sales for March.

Speeches by John C. WilliamsPresident of the FED of New Yorkand Raphael BosticPresident of the FED of Atlanta.

Quarterly reports from Netflix ($NFLX (-1,32 %) ), Intuitive Surgical ($ISRG (-2,28 %) ) and Infosys ($INFY ).

Friday

Speech by Austan GoolsbeePresident of the FED of Chicago.

Quarterly reports from Procter & Gamble ($PG (-0,62 %) ), American Express ($AXP (-9,43 %) ), Fifth Third Bancorp ($FITB (-12,37 %) ) and Huntington Bancshares ($HBAN (-12,5 %) ).

Saturday

Possible events in connection with the Bitcoin halving.

EU MARKET

Monday

Release of industrial production

Speech by Philip Lane, Member of the Executive Board of the ECB

Quarterly reports from Pagegroup ($PAGE (-3,51 %) ) 🇬🇧, Playtech $PTEC (-2,12 %) ) 🇬🇧

Tuesday

Trade Balance (Feb)

ZEW Economic Sentiment

Eurogroup Meetings

Publication of the quarterly reports of Ashmore ($ASHM (-3,11 %) ) 🇬🇧

Wednesday

Publication of CPI data

EU Summit & Eurogroup Meetings

Speech by Isabel Schnabel, Member of the Executive Board of the ECB

Quarterly figures from Severstal ($CHMF ) 🇷🇺, Volvo B ($VOLV B (-12,51 %) ) 🇸🇪, Viscofan $VIS (+4,02 %) ) 🇪🇸, Petershill Partners ($PHLL (-3,93 %) ) 🇬🇧, Hays ($HAS (-5,59 %) ) 🇬🇧

thursday

Speech by Luis de GuindosVice President of the ECB

EU Summit & Eurogroup Meetings

Speech by Isabel Schnabel, Member of the Executive Board of the ECB

- Quarterly figures from EQT AB ($EQT (-8,38 %) ) 🇸🇪, EssilorLuxottica ($EL (-5,44 %) ) 🇫🇷, Nordea Bank ($NDA FI (-1,93 %) ) 🇸🇪, Sartorius Stedim ($DIM (-5,13 %) ) 🇩🇪, Nokia Oyj $NOKIA (-8,2 %) ) 🇫🇮, Inter Cars SA ($n/a) 🇵🇱, Tauron Polska Energia ($TPE (-0,58 %) ) 🇵🇱, Forvia ($FRVIA (-5,07 %) ) 🇫🇮, Dunelm ($DNLM (+1,91 %) ) 🇬🇧, Adtran Networks SE ($ADV (+0,52 %) ) 🇩🇪, Olvi Oyj A ($OLVAS (+1,44 %) ) 🇫🇮, Econocom ($ECOM ) 🇧🇪, Talenom Oyj $TNOM (+0,32 %) ) 🇫🇮, Alisa Pankki Oyj ($ALISA (+1,75 %) ) 🇫🇮

Friday

Eurogroup Meetings

CFTC EUR speculative net positions

Quarterly figures from Sodexo ($SW (-1,79 %) ) 🇫🇷, Linea Directa Aseguradora ($LDA (+1,72 %) ) 🇪🇸, Alma Media ($002950 ) 🇫🇮, Gofore ($GOFORE (+1,19 %) ) 🇫🇮