Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Euler Hermes announces senior executive appointments in its APAC region and a new global head of Distribution

PARIS, 7-5-2015 — /EuropaWire/ — Euler Hermes, the worldwide leader in trade credit insurance, announces several senior executive appointments in its APAC region and a new global head of Distribution. Victor Jiang is appointed chief executive officer of Euler Hermes China, based … Read the full press release

Bertelsmann to add Gruner + Jahr GmbH & Co KG into the Bertelsmann Pension Trust e.V

Increase by €400 million supports further development of G+J Optimization of structures and processes following full takeover Gütersloh, Germany, 7-5-2015 — /EuropaWire/ — The international media, services and education company Bertelsmann is supporting the further development of Gruner + Jahr … Read the full press release

International media, services and education company Bertelsmann achieved significant growth in operating result in Q1 2015; revenues up to EUR 3.92 billion

Revenues increase to €3.92 billion Operating EBITDA up nearly 7 percent to €463 million Solid increase in Group net income Key advances in developing the education business Gütersloh, Germany, 7-5-2015 — /EuropaWire/ — Bertelsmann, the international media, services and education … Read the full press release

KfW Entrepreneurs’ Award 2015 opens up with prizes totalling EUR 30,000

Apply now! Prizes awarded to 16 regional winners and one na-tional winner Award ceremony and selection of winner by audience on 8 October 2015 in Berlin Frankfurt am Main, 6-5-2015 — /EuropaWire/ — The application period has started for this … Read the full press release

KfW Research: very marginal growth in German corporate investments expected in 2015

KfW Research foresees only a slight rise of 0.9% for 2015 compared with the previous year Increasing dynamism over the coming year thanks to growing capacity utilisation in the economy Frankfurt am Main, 6-5-2015 — /EuropaWire/ — After a very … Read the full press release

Safran launched new corporate 50 million euros venture capital firm to invest in innovative startups

PARIS, 6-5-2015 — /EuropaWire/ — Safran has launched Safran Corporate Ventures, a new corporate venture capital (CVC) company that will invest in innovative startups. With initial investment capital of about 50 million euros for a period of three years, this … Read the full press release

ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility to be used for general corporate purposes of ArcelorMittal group

Luxembourg, 5-5-2015 — /EuropaWire/ — On 30 April 2015, ArcelorMittal signed a US$6,000,000,000 Revolving Credit Facility (incorporating 3 and 5 year tranches) (the “Facility”). The Facility will replace the US$2,400,000,000 revolving credit facility agreement dated 6 May 2010 and the … Read the full press release

BNP Paribas appoints Thierry Laborde Deputy COO in charge of Domestic Markets; succeeds François Villeroy de Galhau

PARIS, 4-5-2015 — /EuropaWire/ — Thierry Laborde has been appointed Deputy COO of BNP Paribas, in charge of Domestic Markets, effective 4 May 2015. He succeeds François Villeroy de Galhau, who has been entrusted by the French Prime Minister with … Read the full press release

Swiss Re reports a strong Group net income of USD 1.4 billion for the first quarter of 2015

Strong Group net income of USD 1.4 billion and ROE of 16.1%, driven by profitability across all Business Units and strong investment results Property & Casualty Reinsurance net income of USD 808 million and ROE of 22.7%, reflecting sound underwriting … Read the full press release

Stephen O’Hearn to succeed David Law as Global Insurance Leader at PwC

LONDON, 1-5-2015 — /EuropaWire/ — PwC announces that Stephen O’Hearn will succeed David Law, who retires in June, as Global Insurance Leader. Based in Zurich, Mr. O’Hearn currently leads PwC’s Insurance Practice in Europe, the Middle East and Africa. Prior … Read the full press release

Anheuser-Busch InBev’s General Shareholders Meeting approves EUR 3.00 dividend payment for 2014

The enclosed information constitutes regulated information as defined in the Belgian Royal Decree of 14 November 2007 regarding the duties of issuers of financial instruments which have been admitted for trading on a regulated market. BRUSSELS, 1-5-2015 — /EuropaWire/ — … Read the full press release

Komerční banka becomes the first bank in Czech Republic to offer SEPA Direct Debit

PRAGUE, 30-4-2015 — /EuropaWire/ — Komerční banka is the first bank in the Czech Republic to offer its clients SEPA Direct Debit to the full extent from 27 April 2015. Komerční banka is the first bank in the Czech Republic to … Read the full press release

Netia S.A. announces changes in its share capital and acquisition of shares by the managers

WARSAW, 30-4-2015 — /EuropaWire/ — Management Board of Netia S.A. („Netia” or the „Company”) announces that on 28 April 2015 based on the resolution of the Management Board of the National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.) (‘NDS’) … Read the full press release

Outotec’s Board of Directors to issue shares held by the company for payment of the reward of the Share-based Incentive Program 2013-2015 from the 2014 earning period

Directed share issue for payment of year 2014 share-based incentive program ESPOO, 30-4-2015 — /EuropaWire/ — Outotec’s Board of Directors has decided on issuance of shares held by the company for payment of the reward of the Share-based Incentive Program … Read the full press release

pbb Deutsche Pfandbriefbank to support refinancing of Alpha German Property Income Trust’s mix used commercial portfolio in Germany

Munich/London/Guernsey, 30-4-2015 — /EuropaWire/ — pbb Deutsche Pfandbriefbank provides a € 91 million senior loan for Alpha German Property Income Trust, a fund managed by Alpha Real Capital LLP, to support the refinancing of a mix used commercial portfolio in … Read the full press release

New version of the “Börse Frankfurt” app now available for Apple and Android devices

Frankfurt am Main, 29-4-2015 — /EuropaWire/ — A new version of the “Börse Frankfurt” app is now available for Apple and Android devices, and allows registered investors to monitor the best bid and ask prices in Xetra trading of equities and … Read the full press release

Deutsche Börse released details of its growth companies funding programme, “Deutsche Börse Venture Network”

Frankfurt am Main, 29-4-2015 — /EuropaWire/ — Deutsche Börse today published details of its growth companies funding programme, “Deutsche Börse Venture Network”. The aim of the programme is to bring together businesses and investors to make an effective improvement in the … Read the full press release

EY and AVCA: private equity exits in Africa reach eight-year high in 2014

Private equity (PE) exits in Africa reached an eight-year high in 2014, and strong activity should continue as more companies enter the period where an exit becomes increasingly imperative, according to data from EY and the African Private Equity and … Read the full press release

EY analysis: deal activity in global mining and metals sector in Q1 down 18% to US$5.9b vs same quarter last year

Increased interest in gold assets and a small uptick in private capital activity are the limited bright spots of a subdued first quarter of deal activity in the global mining and metals sector. Less than a third of companies focused … Read the full press release

Natixis a dirigé avec succès le placement de 285 millions d’euros d’obligations catastrophes sur-mortalité émises par Benu Capital Limited

Natixis a dirigé avec succès, en tant que co-arrangeur et joint bookrunner, le placement de 285 millions d’euros d’obligations catastrophes sur-mortalité émises par Benu Capital Limited, une société de droit irlandais. PARIS, 29-4-2015 — /EuropaWire/ — Basée sur un mécanisme … Read the full press release