The Finnish govenment has sold its 21.9% stake in Sonera, the country’s leading telecommunications company in the largest-ever offering by a Finnish issuer. The deal is valued at over $1.4 billion. The offering comprised 160 million shares, including 119 million American depository shares sold to institutional investors outside Finland.
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The newly launched Tax Responsibility and Transparency Index will assess the ethicality of companies’ tax practices against global standards and regulations
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