Danish East India Company West European countries not occupied by Bonaparte) lost its entire fleet and the island of Helgoland (part of the duchy of Holstein-Gottorp) to Britain. Denmark finally sold its remaining settlements in mainland India in 1845 and the Danish Gold Coast in 1850, both to the British. Danish East India Company The Danish East India Company () refers to two separate Danish chartered companies. The first company operated between 1616 and 1650. The second company existed between 1670 and 1729, however, in 1730 it was re-founded as the Asiatic Company (). The first Danish East India Company was chartered in 1616
British occupation of the Faroe Islands British Admiralty to fly the Danish flag. This was of considerable significance given the importance of the fishing fleet to the Faroese economy. Following some intensive discussions between the British occupation authorities, the Faroese authorities and the Danish Prefect, as well as discussions between the UK Foreign Office and the Danish Embassy in London, on 25 April 1940 the British authorities recognised the Faroese flag — "Merkið' — "as the civil ensign of the Faroe Island"s." British occupation of the Faroe Islands The British occupation of the Faroe Islands in World War II, also known as Operation Valentine, was implemented