Tag Archives: divestments

Heidelberg Materials continues decarbonization push with strategic acquisitions and divestments

(IN BRIEF) Heidelberg Materials has entered into a definitive purchase agreement to acquire The SEFA Group, the largest fly ash recycling company in the United States. The SEFA Group supplies quality fly ash to more than 800 concrete plants in … Read the full press release

Stora Enso Unveils New Reporting Structure, Enhances Transparency

(IN BRIEF) Stora Enso has announced changes to its segment reporting effective from January 1, 2023. The company has restated comparative figures for its segment reporting in 2021 and 2022, and the new reporting segments include Packaging Materials, Packaging Solutions, … Read the full press release

Henkel brands Right Guard and Dry Idea sold to Thriving Brands LLC

(PRESS RELEASE) DÜSSELDORF, 10-Jun-2021 — /EuropaWire/ — Henkel (ETR: HEN3), global Laundry & Home Care, Beauty Care and Adhesive Technologies leader, has announced the closing of the sale of Right Guard and Dry Idea brands to Thriving Brands LLC, effective … Read the full press release

Aviva announces the sale of its remaining Life and General Insurance businesses in Italy

(PRESS RELEASE) LONDON, 4-Mar-2021 — /EuropaWire/ — Aviva’s transformation to focus on its strongest businesses continues and thus announces its exit from Italy with the sale of its remaining Italian Life and General Insurance businesses (“Aviva Italy”) for €873m in … Read the full press release

Economic recovery: Massive €75 billion investment plan announced by Iberdrola

(PRESS RELEASE) BILBAO, 5-Nov-2020 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational electric utility company, has announced a historical €75 billion investment plan to 2025 as a firm commitment to economic recovery. The pledge represents the largest investment programme … Read the full press release

Linde Intermediate Holding AG informed Linde Aktiengesellschaft of an increase of the cash compensation in the context of the envisaged cash merger squeeze-out

MUNICH, 11-Dec-2018 — /EuropaWire/ — Today (10 December 2018), Linde Intermediate Holding AG (“Linde Intermediate”) informed the Executive Board of Linde Aktiengesellschaft (“Linde AG”) of an increase of the cash compensation to be paid in the context of the envisaged … Read the full press release

Rio Tinto completed $3.5 billion of non-core asset sales and sets new production records in 2013

London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release

Proposed acquisition of Life Technologies Corp. by Thermo Fisher Scientific Inc. cleared under the EU Merger Regulation

Brussels, Belgium, 26-11-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Life Technologies Corp. by rival Thermo Fisher Scientific Inc., both US-based companies active in life science markets. Their activities overlap in the supply … Read the full press release

Rio Tinto sold its 50.1% interest in the Clermont Joint Venture to Glencore Xstrata and Sumitomo owned GS Coal Pty Ltd for US$1.015 billion

London, United Kingdom, 30-10-2013 — /EuropaWire/ — Rio Tinto has reached a binding agreement for the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore Xstrata and Sumitomo … Read the full press release

Skanska AB released H1 2013 results

29-7-2013 — /EuropaWire/ — Six Month Report, January-June 2013 Highlights: Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6). Order bookings in Construction operations amounted to SEK 60.3 billion … Read the full press release

Syngenta 1Q 2013 sales $4.6 billion

Integrated regional sales up 8 percent at constant exchange rates Continuing momentum, growth across all regions High grower profitability supporting ongoing technology adoption Basel, Switzerland, 8-5-2013 — /europawire.eu/ —  In the first quarter of 2013 integrated sales increased by 8 percent … Read the full press release