Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Nokia to acquire software company specialized in solving complex wireless networking problems

Unium expertise and IPR will bring field-proven mesh Wi-Fi technology to enhance Nokia’s end-to-end solution for whole-home Wi-Fi Unium’s intelligent mesh technology delivers industry-leading, carrier-grade Wi-Fi performance, coverage and resilience, resulting in an unsurpassed gigabit home experience Planned purchase of … Read the full press release

Sanofi: the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for Sanofi’s acquisition of Bioverativ has expired

PARIS, 26-Feb-2018 — /EuropaWire/ — Sanofi announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), applicable to Sanofi’s proposed acquisition of Bioverativ Inc. (“Bioverativ”, NASDAQ: BIVV) has expired. On February 7, … Read the full press release

Equistone Partners Europe to sell shareholding in automobile supplier E. WINKEMANN to Cathay Capital MidCap Fund

LONDON, 23-Feb-2018 — /EuropaWire/ — Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, has agreed to sell a shareholding in the Plettenberg-based automobile supplier E. WINKEMANN (“the company”). Cathay Capital MidCap Fund, advised by Cathay Capital … Read the full press release

Groupe BPCE to divest 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad

PARIS, 23-Feb-2018 — /EuropaWire/ — Groupe BPCE announces the signature of an agreement providing for the divestment of 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad. The agreement concerns the divestment by BPCE International of Banque … Read the full press release

Infineon Technologies AG Annual General Meeting approves a dividend payment of €0.25 per share; 14 percent increase YoY

MUNICH, 23-Feb-2018 — /EuropaWire/ — At the 18th Annual General Meeting, the shareholders of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) accepted the proposal for the appropriation of net profit made by the Management Board and Supervisory Board: they … Read the full press release

Zalando Lounge plant gemeinsam mit Projektentwickler Hillwood den Bau eines 130.000 Quadratmeter großen Logistikzentrums in Olsztynek

BERLIN, 22-Feb-2018 — /EuropaWire/ — Zalando Lounge, der erfolgreiche Shopping-Club von Zalando, plant gemeinsam mit Projektentwickler Hillwood den Bau eines 130.000 Quadratmeter großen Logistikzentrums. Mit dem neuen Standort wird die Zalando Lounge ihre Logistikkapazitäten erhöhen und operative Prozesse noch flexibler gestalten. … Read the full press release

UniCredit and Alibaba.com launch a series of marketing initiatives promoting Alibaba.com international website to Italian exporters

UniCredit launches Easy Export to provide clients with a tailor-made offering including banking, logistics and online marketing services UniCredit collaborates with Alibaba.com to enhance international export opportunities for Italian businesses through various marketing initiatives MILAN, 22-Feb-2018 — /EuropaWire/ — UniCredit and … Read the full press release

AXA Investment Managers – Real Assets and Bixby Land Company form joint venture to acquire up to €320 million of logistics properties in the Western U.S

PARIS, 22-Feb-2018 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real asset investments and the largest(1) real estate investment manager in Europe, and Bixby Land Company (“Bixby”), a leading Western U.S. commercial … Read the full press release

UK Gov: Chinese New Year reception at Downing Street to celebrate a ‘Golden Era’ for UK-China relations

Prime Minister Theresa May welcomed guests to Number 10 to celebrate the beginning of the Year of the Dog. LONDON, 22-Feb-2018 — /EuropaWire/ — Theresa May has hosted a Chinese New Year reception at Downing Street to celebrate the enormous contribution of … Read the full press release

Iberdrola agreed to convene the company’s 2018 Annual General Meeting (AGM) for 13th of April

Shareholders will vote on the execution of two new capital increases. This means they may choose between receiving their dividend in cash or as fully paid-up shares through the new ‘Iberdrola Flexible Remuneration’ Programme Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — During today’s … Read the full press release

Iberdrola’s plans for 2018-2022: Ebitda will be between €11.5 billion and €12 billion at the end of the period

Bilbao, Spain, 22-Feb-2018 — /EuropaWire/ — Ignacio Galán, the group’s Chairman, said: “Overall, the plan we are presenting today is fully consistent with our strategy over recent years, while seizing the opportunities provided by the new digital environment. In essence, it is … Read the full press release

MTG to sell its 95% stake in Nova Broadcasting Group Jsc. in Bulgaria to PPF Group

STOCKHOLM, 21-Feb-2018 — /EuropaWire/ — MTG has signed an agreement to sell its 95% shareholding in Nova Broadcasting Group Jsc. (“Nova”) in Bulgaria to PPF Group, the investment company controlled by Petr Kellner. The transaction values 100% of the business at … Read the full press release

UK monitoring and evaluation firm ABDI partners with SGS

GENEVA, 20-Feb-2018 — /EuropaWire/ — SGS is delighted to announce that it has formed a strategic alliance with ABDI, the UK monitoring and evaluation firm. Through this alliance, SGS will scale up ABDI’s human capital investment courses, designed to train government … Read the full press release

ABP’s Hull Container Terminal to increase capacity to more than 400,000 units per year

LONDON, 20-Feb-2018 — /EuropaWire/ — The arrival of two state-of-the-art cranes worth £10.5 million will enable ABP’s Hull Container Terminal to handle double the volume of trade by increasing capacity to more than 400,000 units per year. The giant 600 tonne … Read the full press release

New American Bidet Beats French Bidet: So-Kleen Innovations Inc. Launches The American Bidet — A Huge Improvement Over The European French Bidet

An Affordable, Convenient Toilet Enhancement For Superior Cleansing, Comfort & Toilet Hygiene VANCOUVER, British Columbia, 20-Feb-2018 — /EuropaWire/ — “It’s time to always be clean,” say the founders of So-Kleen Innovations, and the American Bidet is set to make attaining that … Read the full press release

Le nouveau bidet américain bat le bidet français : So-Kleen Innovations Inc. lance l’American Bidet – Une amélioration énorme par rapport à la Bidet française européenne

Une plus abordable et pratique des toilettes pour une hygiène, un confort et un nettoyage supérieur VANCOUVER, British Columbia, 20-Feb-2018 — /EuropaWire/ — « Il est temps d’être toujours propre », affirment les fondateurs de So-Kleen Innovations, et les membres de l’American Bidet … Read the full press release

Burberry strengthens its e-commerce presence with new global partnership with Farfetch

Global inventory available for first time on Farfetch.com Expands Burberry’s reach to over 150 countries, reinforcing omnichannel leadership LONDON, 19-Feb-2018 — /EuropaWire/ — Burberry today announces a new global partnership with Farfetch, the leading global technology platform for the fashion industry, to further … Read the full press release

ONE Broadband to deploy Nokia’s Gigabit Passive Optical Networking (GPON) technology

ONE Broadband’s Home and Enterprise Customers will be able to enjoy seamless high-bandwidth services Nokia will replace legacy Data Over Cable Service Interface Specification (DOCSIS) -based network with new fiber network to serve the ultra-broadband needs of the customer New … Read the full press release

Nokia launches new service to target security challenges across mobile, IP and fixed networks in the digital transformation era

New Security Risk Index analyzes security gaps across mobile, IP and fixed networks and suggests performance improvements for communication service providers Managed Security Service ensures networks are adequately protected against all threats and provides attack prevention, detection, response and recovery … Read the full press release

Nokia to review the strategic options for its Digital Health business

ESPOO, 19-Feb-2018 — /EuropaWire/ — Nokia today announces that it has initiated a review of strategic options for its Digital Health business, which is part of Nokia Technologies. Digital Health’s business portfolio includes consumer and enterprise products, and it manufactures and … Read the full press release