Daily Archives: 3, October 2024

EIB and Latvian Government Unite to Boost Affordable Housing Development Amidst Growing Shortage

(IN BRIEF) The European Investment Bank (EIB) is partnering with the Latvian government and the Latvian State Real Estate Company (SRE) to promote the development of affordable rental housing in Latvia. This initiative will be supported by the EIB’s Advisory … Read the full press release

EBRD Invests in Sava Re’s Historic Tier 3 Subordinated Bond Issuance, Boosting Slovenia’s Capital Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €5 million in Pozavarovalnica Sava (Sava Re), facilitating the first-ever Tier 3 subordinated bond issuance by an insurer in Slovenia and the broader central and southeastern European region. … Read the full press release

Ratcliffe-on-Soar Power Station Marks End of Coal Generation in the UK After 140 Years

(IN BRIEF) The Ratcliffe-on-Soar power station, operated by Uniper near Nottingham, officially ceased coal generation on September 30, 2024, marking the end of over 140 years of coal-fired power in the UK. Since its commissioning in 1967, the station has … Read the full press release

Mercedes-Benz eActros 600 Takes Center Stage at Oktoberfest with Impressive Beer and Pretzel Deliveries

(IN BRIEF) Mercedes-Benz’s eActros 600 played a key role in supplying Munich’s Oktoberfest, delivering around 82,000 liters of beer and fresh pretzels. The electric truck, operated by Lettl Transportation GmbH, transported beer for the Hofbräuhaus Brewery using a 27,500-liter tank … Read the full press release

Wolters Kluwer Honored with International Business Award for Innovative Beneficial Ownership Reporting Platform

(IN BRIEF) Wolters Kluwer has been awarded an International Business Award for its Beneficial Ownership Platform, designed to help businesses comply with the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements. Launched on January 1, 2024, the platform simplifies … Read the full press release

Covestro Signs Investment Agreement with ADNOC, Supporting €62.00 Takeover Offer for Shareholders

(IN BRIEF) Covestro AG has signed an Investment Agreement with ADNOC International Germany Holding AG, which supports ADNOC’s public takeover offer for all Covestro shares at €62.00 each, valuing the company at approximately €11.7 billion. The agreement ensures ADNOC’s commitment … Read the full press release

Experian Completes A$820 Million Acquisition of Illion, Expanding Data Solutions in Australia and New Zealand

(IN BRIEF) Experian has successfully completed its A$820 million acquisition of illion, a consumer and commercial credit bureau in Australia and New Zealand. This integration will merge illion’s team, data, software, and intellectual property into Experian, creating a unified business … Read the full press release

Future Growth Capital Reveals Leadership Team to Enhance Private Market Investments for UK Pension Savers

(IN BRIEF) Future Growth Capital (FGC), the private markets investment manager launched by Schroders plc and Phoenix Group, has announced its senior leadership team to support investment opportunities in private markets for UK pension savers. Paul Forshaw has been appointed … Read the full press release