Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

GPA Plans Equity Offering, Potential Change in Casino’s Stake

(IN BRIEF) Companhia Brasileira De Distribuição (GPA) has taken steps toward a potential primary equity offering, as confirmed in a recent press release. GPA has scheduled an extraordinary general meeting for January 11, 2024, to discuss various matters, including the … Read the full press release

Grupo Calleja Initiates Tender Offer to Acquire Éxito Group Shares

(IN BRIEF) Following Casino Group’s announcement on October 16, 2023, regarding the sale of its total equity interest in Almacenes Éxito S.A. (“Éxito Group”) to Grupo Calleja, the Buyer has officially launched the Tender Offer (Colombian TO) to acquire up … Read the full press release

Outokumpu Completes Share Repurchase, Acquiring Over 169,000 Shares

(IN BRIEF) On December 8, 2023, Outokumpu successfully completed its share repurchase program, acquiring a total of 169,928 of its own shares across two trading venues, CEUX and XHEL. The weighted average price per share stood at EUR 4.33, resulting … Read the full press release

Sarclisa Combination Therapy Boosts Myeloma Remission Rates in Phase 3 Trial

(IN BRIEF) In the Phase 3 IsKia trial presented at the American Society of Hematology (ASH) Annual Meeting, Sarclisa® (isatuximab) combined with carfilzomib, lenalidomide, and dexamethasone (KRd) demonstrated a significant improvement in achieving minimal residual disease (MRD) negativity among newly … Read the full press release

Digi Communications N.V. announces the conclusion by Company’s Portuguese subsidiary of a framework agreement for spectrum usage rights

Digi Communications intends to propose to shareholders the distribution of dividends for the fiscal year 2023 at the upcoming General Meeting of Shareholders, which shall take place in June 2024

(IN BRIEF) Digi Communications N.V. has announced that its Portuguese subsidiary, Digi Portugal, has entered into a framework agreement with Vodafone Portugal. Pending approval from the Portuguese Competition Authority, Digi Portugal will receive spectrum usage rights in the 1,800 Mhz … Read the full press release

NIB and Landsbankinn Sign USD 75 Million Loan Program to Boost SMEs and Environmental Projects in Iceland

(IN BRIEF) The Nordic Investment Bank (NIB) and Icelandic bank Landsbankinn hf. have entered into a new seven-year USD 75 million loan program aimed at financing small and medium-sized enterprises (SMEs) and environmental initiatives in Iceland. The program will provide … Read the full press release

BioNTech Enters Multi-Year Strategic Partnership with Victoria, Australia, to Boost Local mRNA Ecosystem

(IN BRIEF) BioNTech, a leading biotechnology company, has formalized a multi-year strategic partnership with the State of Victoria in Australia, building upon a prior Letter of Intent established in October 2022. The collaboration aims to strengthen the local mRNA ecosystem … Read the full press release

Philips-Led Consortium Receives €6.5 Million Grant to Enhance Coronary Artery Disease Diagnosis and Treatment

(IN BRIEF) The COMBINE-CT consortium, led by Philips and supported by a €6.5 million grant from the Innovative Health Initiative (IHI), is dedicated to improving the diagnosis and treatment of coronary artery disease (CAD). CAD, characterized by the accumulation of … Read the full press release

DNV to Certify Ørsted and PGE’s Baltica 2 Offshore Wind Farm in Poland

(IN BRIEF) DNV has secured a contract from Ørsted and PGE to certify the Baltica 2 offshore wind farm located in the Polish part of the Baltic Sea. This project plays a crucial role in Poland’s transition to green energy, … Read the full press release

Ducati and Bentley Unveil Limited-Edition Diavel for Bentley Motorcycle

(IN BRIEF) Ducati and Bentley have collaborated to introduce a limited-edition motorcycle, the “Diavel for Bentley,” blending the iconic elements of both brands. This unique motorcycle is based on the high-performance Diavel V4 and incorporates distinctive design features inspired by … Read the full press release

ArcelorMittal Completes Sale of Kazakh Steel and Mining Operation to Qazaqstan Investment Corporation

(IN BRIEF) ArcelorMittal has successfully concluded the sale of its Kazakh steel and mining operation, ArcelorMittal Temirtau, to the Qazaqstan Investment Corporation (QIC), a state-controlled direct investment fund. The transaction involves a total consideration of $986 million, comprising $286 million … Read the full press release

Škoda Auto Expands Partnership with Allur in Kazakhstan, Plans Local Assembly and Technical Training Support

(IN BRIEF) Škoda Auto is furthering its collaboration with Allur in Kazakhstan, signing key agreements to solidify their partnership. The focus of this cooperation includes vehicle assembly from Semi Knocked Down (SKD) kits starting next year, exploring local production from … Read the full press release

Americans Seek Financial Professionals for Holistic Guidance, Allianz Life Study Reveals

(IN BRIEF) According to the Annual Retirement Study by Allianz Life Insurance Company of North America (Allianz Life), despite facing financial challenges such as market volatility, inflation, and recurring crises, most Americans are not seeking the assistance of financial professionals … Read the full press release

European Investment Fund Joins Bürgschaftsbank for €200 Million SME Financing Boost in Germany

(IN BRIEF) Bürgschaftsbank Baden-Württemberg (BBBW) and Bürgschaftsbank Nordrhein-Westfalen (BBNRW) are expanding their guarantee support for regional financial institutions aiming to provide financing to small and medium-sized enterprises (SMEs) in the German states of Baden-Württemberg and North Rhine-Westphalia. The European Investment … Read the full press release

European Investment Fund and CDP Real Asset SGR Partner to Allocate €300 Million for Social Housing in Italy

(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with CDP Real Asset SGR, a subsidiary of Cassa Depositi e Prestiti, to allocate €300 million towards social housing programs in Italy. This groundbreaking … Read the full press release

EIB Commits €250 Million for Second Rail Track in Slovenia to Boost Transport Network

(IN BRIEF) The European Investment Bank (EIB) has signed a €250 million loan agreement with 2TDK Družba za razvoj projekta d.o.o (2TDK) to support the construction of a second rail track in Slovenia, a vital component of the Baltic-Adriatic-Mediterranean Trans-European … Read the full press release

EU Finance Ministers Back Nadia Calviño as New President of European Investment Bank

(IN BRIEF) European Union finance ministers have given their unanimous support to Nadia Calviño’s candidacy for the presidency of the European Investment Bank (EIB) during discussions held at the EU Economic and Financial Affairs Council meeting in Brussels. Calviño, currently … Read the full press release

Infineon Launches TDA388xx Regulator Family for Enhanced Power System Efficiency and Compactness

(IN BRIEF) Infineon Technologies AG has introduced the TDA388xx family of buck regulators, targeting a range of modern power system applications such as servers, AI, datacom, telecom, and storage markets. These regulators come in 12 A and 20 A variants … Read the full press release

Voith Composites Achieves UNECE R 134 Certification for Large Hydrogen Tank, Paving the Way for Zero-Emission Heavy-Duty Trucks

(IN BRIEF) Voith Composites has achieved a significant milestone by obtaining UNECE R 134 certification for its Type IV 700 bar and 350-liter hydrogen storage tank. This certification marks the first approval for a hydrogen tank of this size under … Read the full press release

Saint-Gobain Strengthens Construction Chemicals Portfolio with Acquisition of Menkol Industries in India

(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release