Category Archives: Business

Business Press Releases & News distributed via EuropaWire

UK Competition and Markets Authority: Refresco and Cott merger could lead to higher prices for some supermarkets

The CMA has found that the merger of soft drink manufacturers Refresco and Cott could lead to higher prices for some supermarkets and leading household brands. LONDON, 04-Jan-2018 — /EuropaWire/ — The Competition and Markets Authority has been carrying out an initial … Read the full press release

VINCI signs share purchase agreement with investment services provider as part of its share buyback programme

Rueil-Malmaison Cedex – France, 04-Jan-2018 — /EuropaWire/ — As part of the implementation of its share buyback programme, VINCI signed a share purchase agreement with an investment services provider on 2 January 2018. According to the agreement, the investment services provider … Read the full press release

Marks & Spencer to sell its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim

London, 04-Jan-2018 — /EuropaWire/ — Marks & Spencer (M&S) has today (02 Jan 2018) confirmed the sale and franchise of its retail business in Hong Kong and Macau to its long-established franchise partner Al-Futtaim. The sale, which completed on 30 December, … Read the full press release

Acquisition of Zotos International by Henkel closed; Henkel’s 3rd acquisition in the US hair professional business

Düsseldorf / Germany, 04-Jan-2018 — /EuropaWire/ — Henkel has successfully closed the acquisition of Zotos International Inc., the North American Hair Professional business of Shiseido Company, Limited. The acquisition comprises leading hair professional brands such as Joico and Zotos Professional. The … Read the full press release

SGS adds two ENEC laboratories in China

SGS Fimko Ltd. acts as a Certification Body in the ENEC scheme. GENEVA, 04-Jan-2018 — /EuropaWire/ — Its network of ENEC approved Testing Laboratories has expanded to include SGS-CSTC Shenzhen Branch and Vkan CVC (Guangzhou) in China in addition to SGS … Read the full press release

EQT Mid-Market Credit fund to finance Metalcaucho, a leader in non-OEM spare parts

STOCKHOLM, 03-Jan-2018 — /EuropaWire/ — The EQT Mid-Market Credit fund (“EQT Credit”) today announces that it has provided a new financing solution to support the fund ABAC Solutions (SCA) SICAR (“ABAC”) and management’s investment in Metalcaucho (or the “Company”), a leader … Read the full press release

International Airlines Group (IAG) to acquire assets of the Austrian airline NIKI for EUR 20 million

LONDON, 03-Jan-2018 — /EuropaWire/ — International Airlines Group (IAG) is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction … Read the full press release

Shell: the sale of A/S Dansk Shell will not complete

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell announces today (Jan 2, 2018) that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading … Read the full press release

Shell closes the sale of its entire LPG business in Hong Kong and Macau

THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong, which is … Read the full press release

Co-op plans to open 18 brand new stores and upgrade a further 20 in in Scotland in 2018

MANCHESTER, 03-Jan-2018 — /EuropaWire/ — The Co-op is set to ramp up its investment in Scotland in 2018, with plans to open 18 brand new stores and upgrade a further 20. The convenience retailer, which already has a store in every postal area … Read the full press release

Deutsche Börse: Siemens, Covestro, Rocket Internet and Wirecard the most traded securities in the German benchmark indices DAX, MDAX, SDAX and TecDAX in 2017

FRANKFURT, 03-Jan-2018 — /EuropaWire/ — Deutsche Börse’s cash markets record second highest trading volumes since 2012 / Four Deutsche Börse Venture Network start-ups have been listed on the stock exchange so far The shares of Siemens, Covestro, Rocket Internet and Wirecard … Read the full press release

Shire plc files its first submission to the US FDA for its new plasma manufacturing facility in Covington, GA

DUBLIN, 02-Jan-2018 — /EuropaWire/ — Shire plc (LSE: SHP, NASDAQ: SHPG), the global biotechnology leader in rare diseases, today announced that it has filed its first submission to the United States Food and Drug Administration for the company’s new plasma manufacturing … Read the full press release

Syngenta to voluntarily delist its American Depositary Shares from the New York Stock Exchange

BASEL, 29-Dec-2017 — /EuropaWire/ — Following the previously announced cancellation of all publicly held registered shares of Syngenta AG (“Syngenta”) with a par value of CHF 0.10 each in connection with the completion of the public tender offer for all publicly … Read the full press release

Husqvarna Group to acquire the Light Compaction & Concrete Equipment business from Atlas Copco

Huskvarna, Sweden, 28-Dec-2017 — /EuropaWire/ — “Atlas Copco’s Light Compaction & Concrete Equipment business fits well into Husqvarna Construction’s strategy for expanding deeper into the market segment of Concrete Surfaces and Floors” says Kai Wärn, President and CEO of Husqvarna Group. … Read the full press release

Filtration media: Ahlstrom-Munksjö to expand capacity at its Louveira plant in Brazil

HELSINKI, 28-Dec-2017 — /EuropaWire/ — Ahlstrom-Munksjö taking the first step towards a potential capacity expansion plan at its Louveira plant in Brazil. “Demand for filtration media in South America is expected to continue to grow in the coming years and we … Read the full press release

Rio Tinto dividends and share buy-backs cash returns to shareholders reaches $8.2 billion in 2017

LONDON, 28-Dec-2017 — /EuropaWire/ — Rio Tinto has successfully completed its $1.5 billion buy-back of Rio Tinto plc shares, comprised of the $500 million and $1 billion on-market share buy-back programmes announced on 8 February 2017 and 2 August 2017 … Read the full press release

Roche to fully acquire Ignyta for US$ 1.7 billion in an all-cash transaction

Roche to acquire Ignyta for US$ 27.00 per share Ignyta’s investigational medicine entrectinib, a selective CNS-active tyrosine-kinase inhibitor being developed for tumours that harbor ROS1 or NTRK fusions, to expand Roche’s portfolio of oncology medicines BASEL, 27-Dec-2017 — /EuropaWire/ — … Read the full press release

Wärtsilä to acquire Netherland based Trident B.V. specialised in underwater ship maintenance, inspection, and repair services

HELSINKI, 27-Dec-2017 — /EuropaWire/ — The technology group Wärtsilä strengthens its service offering by acquiring Trident B.V., a Netherland based company specialised in underwater ship maintenance, inspection, and repair services. Through the acquisition Wärtsilä becomes the first global operator in the … Read the full press release

VINCI Energies to acquire PrimeLine Utility Services from management and private equity investment firm First Reserve

PrimeLine Utility Services generated revenue of $506 million pro forma (about €430 million) in 2016 This acquisition boosts VINCI Energies’ position in North America Rueil-Malmaison Cedex – France, 27-Dec-2017 — /EuropaWire/ — VINCI Energies, the VINCI subsidiary specialising in energy and … Read the full press release

thyssenkrupp and trade union IG Metall reach agreement for the planned 50/50 joint venture with Tata Steel Europe

thyssenkrupp agrees with employee representatives on conclusion of a collective agreement Collective agreement contains assurances on site and employment continuation and investment Agreement enables thyssenkrupp to implement its strategic and operational goals for the joint venture IG Metall collective bargaining … Read the full press release