Daily Archives: 25, November 2024

Bechtle AG to Streamline Executive Board Responsibilities for Unified Sales Strategy Across Europe

(IN BRIEF) Bechtle AG will reorganize its Executive Board from 1 January 2025, consolidating all sales channels within individual country markets to strengthen its multi-channel approach and international presence. COO Michael Guschlbauer will oversee operations in Germany, Austria, and specialist … Read the full press release

Global Development Banks Unite to Tackle Gender-Based Violence and Empower Women Worldwide

(IN BRIEF) On the International Day for the Elimination of Violence Against Women, ten major development banks, including the World Bank Group and the European Investment Bank, issued a joint statement reaffirming their commitment to combat gender-based violence (GBV). They … Read the full press release

EIB and EIF Collaborate with Inbank and European Commission’s InvestEU to Support Green Transition in Poland

(IN BRIEF) The European Investment Bank Group (EIBG), in collaboration with Inbank and the European Commission’s InvestEU, has launched its first fully green synthetic securitization in Poland. The agreement enables Inbank to provide PLN 701 million (over €160 million) in … Read the full press release

Encavis Completes Key Milestone as Voluntary Public Takeover Offer by KKR-Led Consortium Gains Full Regulatory Approval

(IN BRIEF) Encavis AG has successfully fulfilled all conditions for its voluntary public takeover by Elbe BidCo AG, a KKR-led consortium, which now holds 87.73% of Encavis shares after acquiring 87.41% at EUR 17.50 per share. The partnership, formalized through … Read the full press release

TotalEnergies Partners with Air Liquide to Advance Renewable Hydrogen Production in France

(IN BRIEF) TotalEnergies has partnered with Air Liquide to produce renewable hydrogen at the La Mède biorefinery in southeast France, aiming to reduce its CO2 emissions by 130,000 tons annually. The €150 million project will recycle byproducts to produce 25,000 … Read the full press release

Equinor Confirms Dividend Payments for Q2 2024

(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release

Aviva Secures £1.7 Billion Pensioner Buy-In for National Grid Electricity Group

(IN BRIEF) Aviva has completed a £1.7 billion pensioner buy-in with the National Grid Electricity Group, part of the Electricity Supply Pension Scheme, ensuring benefits for 5,800 pensioner members. Finalized in October 2024, the transaction included transitioning an existing longevity … Read the full press release

EBRD Supports Romanian Car Leasing Firm Autonom with €9 Million Sustainability-Linked Bond Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has invested €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental firm. This marks a continuation of Autonom’s sustainability efforts, following its … Read the full press release