Sanjay Shah, convicted of dividend tax fraud in Denmark, will not face money laundering charges in Germany because he cannot be punished twice for the same crime. German courts cited his previous conviction in Denmark as the reason for dropping the case.

Nykredit is on the verge of fully acquiring Spar Nord, positioning itself as Denmark’s third-largest bank. Nykredit now controls 96.54 percent of Spar Nord’s shares after receiving approval from a majority of shareholders. Having surpassed the 90 percent threshold, Nykredit will proceed with a compulsory redemption of the remaining shares and subsequently delist Spar Nord from the stock exchange. Approvals from both the Danish Competition and Consumer Authority and the Danish Financial Supervisory Authority have paved the way for the acquisition.

Former Finance Minister Mogens Lykketoft has criticized the pension funds ATP, PFA, and PKA for their decision to sell their combined stake in TDC to the Australian capital fund Macquarie. Lykketoft argues that this sale represents a failure of social responsibility by handing over crucial Danish infrastructure to foreign ownership. ATP responded by stating that changing market conditions prompted their exit from the investment, allowing an existing owner to guide TDC’s future development.