Nordea and Danske Bank set to rebuild FLS fortunes

Nordea and Danske Bank are set to help rebuild the fortunes of FLS Industries, the Danish engineering group and once held in high esteem by the country's industrialists.

Nordea and Danske, also lenders to FLS, advised it on the sale of Portland and Unicorn, its cement and ready-mix concrete businesses, to Cementir, Italy's fourth-biggest cement producer for Dkr 4.4bn (€572m).

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