(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release
(IN BRIEF) Mahmut Akten will become CEO of Garanti BBVA and BBVA Country Manager in Turkey, replacing Recep Baştuğ. The appointment is pending regulatory approval. BBVA has reorganized its global Client Solutions area, introducing new leadership for Commercial and Retail … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, News, Spain, Turkey
Tagged appointment, BBVA, CEO, Country Manager, David Puente, Garanti BBVA, Jaime Sáenz de Tejada, leadership, Mahmut Akten, Murat Kalkan, Onur Genç, partnership, Recep Baştuğ, Turkey
(IN BRIEF) Pirelli is partnering with hill-climb champion Simone Faggioli for the first “Set the Time” event during the Rieti-Terminillo hill-climb race on August 4. Faggioli will drive a Porsche 911 (992) equipped with Pirelli’s P Zero Trofeo R tyres … Read the full press release
Posted in Automotive, Business, Financial, Investment, Italy, Management, Marketing, Media, News, Sports
Tagged "Set the Time" Event, Hill-Climb Champion, partnership, Pirelli, Rieti-Terminillo race, Simone Faggioli, sports, Stefano Bizzi
(IN BRIEF) Associated British Ports (ABP) is sponsoring two major events in Plymouth this summer: the British Firework Championships on August 14-15 and the World Cadet Championships, running until August 9. The firework event supports the Royal National Lifeboat Institution … Read the full press release
Posted in Business, Entertainment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Media, News, Transportation & Logistics, United Kingdom
Tagged ABP, Ashley Curnow, British Firework Championships, infrastructure, investments, partnership, Plymouth, sponsorship, Summer Events, World Cadet Championships
(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release
Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology
Tagged acquisition, partnership, Resonant Holdings, Rheinmetall, South Africa
(IN BRIEF) BAE Systems has secured a $493 million contract to continue producing M109A7 Self-Propelled Howitzers and M992A3 Ammunition Carriers for the U.S. Army, with deliveries expected between August 2025 and July 2026. This contract supports the Army’s Armored Brigade … Read the full press release
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