Category Archives: Business

Business Press Releases & News distributed via EuropaWire

AREVA and EDF sign for the sale of AREVA NP activities

PARIS, 17-Nov-2016 — /EuropaWire/ — Following the memorandum of understanding signed on 28 July 2016, AREVA and EDF signed on 15 November the contract setting the terms of the sale of an interest conferring exclusive control by EDF of an entity (“NEW … Read the full press release

Nokia sets key financial and strategic targets at Capital Markets Day 2016

Higher returns through focused growth: Nokia sets key financial and strategic targets at Capital Markets Day 2016 BARCELONA, 16-Nov-2016 — /EuropaWire/ — Nokia today outlined its vision and strategic priorities for ensuring sustainable growth in its core businesses and tapping new … Read the full press release

CBI report: UK universities’ growing range of links with China key asset for deepening UK-China relations

As the UK shapes its economic role in the world following the EU referendum, cementing our position will be more crucial than ever.  LONDON, 14-Nov-2016 — /EuropaWire/ — China’s increasing research and economic significance, and the UK’s world-leading universities, with their … Read the full press release

Alpiq to divest its non-strategic interest in Swissgrid AG

LAUSANNE, 10-Nov-2016 — /EuropaWire/ — Alpiq concluded the divestment of its non-strategic interest in Swissgrid AG on 8 November 2016. Alpiq will receive an amount of CHF 146 million, which will be used to further reduce net debt. On 6 … Read the full press release

Telia Company to acquire Phonero for NOK 2,300 million

STOCKHOLM, 09-Nov-2016 — /EuropaWire/ — Telia Company acquires Norwegian Phonero at an enterprise value of NOK 2,300 million on a cash and debt free basis. The transaction will strengthen Telia’s position in the Norwegian enterprise segment and expects to generate annual … Read the full press release

Leoni sold its subsidiary Leoni Studer Hard GmbH in Bautzen, Germany to Ionisos SAS

Divestment of non-core business NUREMBERG, 08-Nov-2016 — /EuropaWire/ — Leoni, the leading European provider of cables and cable systems to the automotive sector and other industries, has sold the subsidiary Leoni Studer Hard GmbH with its location in Bautzen, Germany, to … Read the full press release

Jacobs Douwe Egberts BV’s Sapphire Investments BV to acquire leading pan-Asian integrated instant food and beverage brand owner and manufacturer Super Group for S$1.45 billion

JDE makes a pre-conditional offer for all of Super Group Ltd for S$1.30 per share in cash, backed by irrevocable commitments representing 60% of shares issued SINGAPORE, 07-Nov-2016 — /EuropaWire/ — Super Group Ltd (SGX : S10.SI) (“Super Group”) and Sapphire … Read the full press release

Saint-Gobain to acquire E-Mix – a regional leader in mortars and dry mixes in South-East Asia

PARIS, 07-Nov-2016 — /EuropaWire/ — Saint-Gobain through its Mortars business (Construction Products) has signed an agreement with the listed company NSL in order to acquire E-Mix, a regional leader in mortars and dry mixes in South-East Asia. E-Mix provides solutions in … Read the full press release

Robeco launched its China research team in Shanghai

Rotterdam/Shanghai, 04-Nov-2016 — /EuropaWire/ — Robeco today (01-11-2016) announces that it has received a Wholly Foreign-Owned Enterprise (WFOE) business license and has launched its China research team, located in Shanghai. Robeco is in the first batch of international asset management companies … Read the full press release

LCH SwapAgent: LCH launches new service for the non-cleared derivatives market

LCH SwapAgent will provide centralised trade processing, valuation, margining, risk calculation and optimisation services for the OTC bilateral rates & FX markets Service is designed to facilitate the standardisation and streamlining of bilateral OTC market infrastructure and end to end … Read the full press release

Heathrow welcomes its second dedicated cargo-only service, AirBridgeCargo Airlines

100 tonnes of additional cargo will go through Heathrow a week New service will add to the airport’s efforts to double cargo capacity through expansion, and £180 million investment Last year, 29% of the UK’s non-EU exports by value went … Read the full press release

EQT Infrastructure II to acquire global leader in pooling, management, maintenance and repair of ULDs for the aviation industry

Existing leadership team to remain in place and CHEP Aerospace Solutions to be rebranded to have its own unique identity EQT Infrastructure committed to actively support the development of CHEP Aerospace Solutions through an industrial board of directors including senior … Read the full press release

Mirum brings digital power houses Cleartag, HeathWallace and Quirk together in the Middle East and Africa

LONDON, 02-Nov-2016 — /EuropaWire/ — On 1 November, Mirum will launch in the Middle East and Africa, bringing together three regional digital power houses, Cleartag, HeathWallace and Quirk. Renowned for their innovative and entrepreneurial cultures, together they will form what is … Read the full press release

Vivergo Fuels chosen as one of the Government’s partner to help North of England reach its full potential

East Yorkshire, UK, 02-Nov-2016 — /EuropaWire/ — Vivergo Fuels, the UK’s largest producer of bioethanol and high protein animal feed, has been chosen as one of the Government’s new official Northern Powerhouse partners and is the only Humberside-headquartered private business to … Read the full press release

SGS opens new scanner site in the port of Douala, Cameroon

On October 14, Cameroon’s finance minister Mr. Alamine Ousmane Mey inaugurated a new scanner site in the port of Douala. GENEVA, 02-Nov-2016 — /EuropaWire/ — The new site, financed and deployed by SGS, consists of 2 high throughput scanners with … Read the full press release

Roland Berger study: Digitization is going to change the logistics industry at least partly, if not completely

Roland Berger study: 95 percent of logistics players firmly believe that digitization will change the face of the industry Loss of important data is the biggest perceived risk Companies see lack of digitization know-how (69%) and poor internal support (54%) … Read the full press release

Global mining and metals M&A activity remained subdued in Q3 – EY report

Deal value down 43% in first nine months of 2016 compared with last year China the highest value dealmaker in the third quarter Traditional industry acquirers still focused on portfolio realignment LONDON, 01-Nov-2016 — /EuropaWire/ — Global mining and metals M&A … Read the full press release

CNH Industrial N.V. to acquire the agricultural Grass and Soil implement business of Kongskilde Industries

LONDON, 01-Nov-2016 — /EuropaWire/ — CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announced today its agreement to acquire the agricultural Grass and Soil implement business of Kongskilde Industries, part of the Danish Group Dansk Landbrugs Grovvareselskab (DLG A.m.b.A.). This business … Read the full press release

WEF’s Global Gender Gap Report 2016: Prospects for Workplace Gender Equality Slip to 2186

The World Economic Forum’s Global Gender Gap Report 2016 finds economic parity between the sexes could take 170 years after a dramatic slowdown in progress Slowdown partly down to chronic imbalances in salaries and labour force participation, despite the fact … Read the full press release

WEF launches new ASEAN Regional Business Council (RBC) to promote public-private cooperation on the most pressing issues facing South-East Asia

The World Economic Forum together with its business members will launch a new ASEAN Regional Business Council (RBC) The RBC will promote public-private cooperation on the most pressing issues in South-East Asia The council will be launched at the World … Read the full press release