A district court in Helsinki has cleared Amer Sports of all the claims for damages made by three private persons in the spring of 2005 in relation to the group’s divestiture of its former tobacco business in March 2004. The plaintiffs will have to sustain all the legal costs involved in the matter. Meanwhile, an Amer spokesperson was quoted by Reuters a few days ago as saying that the company hasn’t heard anything from Novator despite the recent trend of foreign asset divestments by Icelandic companies. Novator is the investment arm of Thos Bjorgolfsson, which built up a 20.1 percent stake in Amer by early March.