Category Archives: Business

Business Press Releases & News distributed via EuropaWire

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

Coldiretti, Terna and ANBI in common strategy to optimise irrigation resources and energy efficiency

ROME, 26-Dec-2017 — /EuropaWire/ — An important Memorandum of Understanding was signed today by Roberto Moncalvo, President of Coldiretti, Luigi Ferraris, CEO and General Manager of Terna and Francesco Vincenzi, President of ANBI (Italian Association of Land Reclamation and Irrigation … Read the full press release

Fincantieri opens new subsidiary in Doha Qatar

The company’s activities will promote the development of local businesses TRIESTE, 26-Dec-2017 — /EuropaWire/ — As part of its business development strategy in the Middle East, Fincantieri has established Fincantieri Services Middle East in Doha (Qatar), a wholly owned subsidiary … Read the full press release

Sika now offers the most comprehensive range of sealing and bonding solutions in the North American construction market

Baar, Switzerland, 26-Dec-2017 — /EuropaWire/ — Sika has acquired Emseal Joint Systems, Ltd., a US-based market leader in the development and manufacturing of structural expansion joint products for new construction and refurbishment. With the acquisition, Sika will be able to … Read the full press release

DIF Core Infrastructure Fund I and Infravia sell Infravia’s 55% stake in the French fiber company ADTIM

PARIS, 20-Dec-2017 — /EuropaWire/ — DIF Core Infrastructure Fund I (“DIF CIF I”) and Infravia are pleased to announce that they have completed the sale of Infravia’s 55% stake in the French fiber company ADTIM. ADTIM operates a wholesale telecom network … Read the full press release

VNG Norge submits Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea

Stavanger, Norway, 20-Dec-2017 — /EuropaWire/ — VNG Norge has, on behalf of the licensees in PL586, submitted to the Ministry of Petroleum and Energy the Plan for Development and Operation (PDO) for the Fenja field in the Norwegian Sea. The … Read the full press release