Category Archives: Investment

Investment Press Releases & News distributed via EuropaWire

KUKA inaugurates new state-of-the-art education center for apprenticeship, training and further development

(PRESS RELEASE) AUGSBURG, 29-Sep-2020 — /EuropaWire/ — German manufacturer of industrial robots and solutions for factory automation, KUKA announces the inauguration of its new education center at headquarters in Augsburg. KUKA united the areas of apprenticeship, training as well as … Read the full press release

Mytilineos S.A. purchased 73,000 of its own shares on the Athens Exchange

(PRESS RELEASE) ATHENS, 29-Sep-2020 — /EuropaWire/ — Greek industrial conglomerate active in metallurgy and energy, Mytilineos S.A. (MYTIL:GA) announces that, according to the resolution of its Extraordinary Shareholders’ Meeting dated 27.03.2020, on 28.09.2020, acquired through the Athens Exchange 73,000 own … Read the full press release

ArcelorMittal to repurchase its own shares for US$500 million between 28 September 2020 and 31 March 2021

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a share buyback program (the ‘Program’) under the authorization given by the annual general meeting of shareholders held on June 13, 2020 (the ‘AGM Authorization’). For the … Read the full press release

ArcelorMittal divests 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs

(PRESS RELEASE) LUXEMBOURG, 28-Sep-2020 — /EuropaWire/ — Multinational steel manufacturing corporation, ArcelorMittal announces a definitive agreement (the “Agreement”) with Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) for the divestiture of 100% of the shares of ArcelorMittal USA to Cleveland-Cliffs for a combination of cash … Read the full press release

Robeco strengthens commitment to sustainable investing with exclusion of investments in thermal coal, oil sands and Arctic drilling

(PRESS RELEASE) ROTTERDAM, 24-Sep-2020 — /EuropaWire/ — Asset management firm, Robeco announces its decision to exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds as an important next step in its sustainable investing approach. … Read the full press release

Credit Suisse study: pension situation in Switzerland likely to deteriorate considerably in the future without far-reaching reforms

(PRESS RELEASE) ZURICH, 22-Sep-2020 — /EuropaWire/ — Credit Suisse (SWX: CSGN), a global wealth manager, investment bank and financial services firm, has released its study on retirement provision in Switzerland showing that the path to early retirement is becoming more difficult. … Read the full press release

Pyrum Innovations AG to expand tire pyrolysis capacity with EUR 16 million backing from BASF SE

Investment will support construction of additional production capacities for pyrolysis oil Milestone in establishing a circular economy for post-consumer plastic waste Pyrolysis oil will partly replace fossil feedstock and be used for demanding plastic applications (PRESS RELEASE) LUDWIGSHAFEN, 21-Sep-2020 — … Read the full press release

Barclays to invest 28 million EUR in Barrenjoey, an Australia-based full-service financial services firm

(PRESS RELEASE) LONDON, 21-Sep-2020 — /EuropaWire/ — British multinational investment bank and financial services company, Barclays to become a foundation investor in Barrenjoey Capital Partners (“Barrenjoey”), a newly-established Australia-based full-service financial services firm. Barrenjoey, launching in mid-2021, will provide corporate … Read the full press release

Syniti Launches Podcast Series to Address Growing Focus on Mergers, Acquisitions and Divestitures, featuring Leading CEOs

(PRESS RELEASE) BOSTON, MA, U.S.A., 18-Sep-2020 — /EuropaWire/ — Syniti, a leader in enterprise data management, announced today the launch of a global weekly podcast series, the “CEO TO CEO Podcast.” This new podcast focuses on delivering exclusive insights for … Read the full press release

Leading Wireless Edge WAN 4G and 5G Enterprise solutions company Cradlepoint acquired by Ericsson for USD 1.1 billion

Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 b. Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers Transaction expected to close during Q4 2020, subject to merger … Read the full press release

Deutsche Bank’s Investment Bank in Asia racks in three house awards at this year’s Risk.Net’s Asia Risk awards

(PRESS RELEASE) FRANKFURT, 11-Sep-2020 — /EuropaWire/ — Deutsche Bank (ETR: DBK), a Frankfurt based multinational investment bank and financial services company, has announced its Investment Bank in Asia has topped UK trade publication Risk.Net’s Asia Risk awards this year with … Read the full press release

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … Read the full press release

PKN ORLEN announces commitment to achieve emission neutrality by 2050

(PRESS RELEASE) PŁOCK, 9-Sep-2020 — /EuropaWire/ — Polish oil refiner and petrol retailer PKN ORLEN is the first oil company in Central Europe to declare plans to achieve emission neutrality by 2050. In order to reach this goal, by 2030 … Read the full press release

EBRD helps Turkish businesses overcome coronavirus crisis with new US$ 54 million loan to Isbank

(PRESS RELEASE) LONDON, 8-Sep-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) expands access to finance for Turkish businesses to help them recover from the pandemic, with a new US$ 54 million loan to Isbank, the largest … Read the full press release

Galata Chemicals to produce Tin Stabilizers and Intermediates at Dahej, India

(PRESS RELEASE) LAMPERTHEIM, Germany, 3-Sep-2020 — /EuropaWire/ — Galata Chemicals, a leading global producer of plastic additives, announced the commissioning of its newest Tin Stabilizer production facility in Dahej, India. This facility will produce Methyl, Butyl, and Octyl Tin Stabilizers, … Read the full press release

ECE undergoes restructuring; becomes ECE Group by January 1, 2021

ECE transforms from a former shopping-center developer to a broad-based real-estate and investment group (PRESS RELEASE) HAMBURG, 2-Sep-2020 — /EuropaWire/ — ECE is restructuring and as of January 1, 2021 will be an integrated group of companies in the real-estate … Read the full press release

Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member … Read the full press release

Savills announces successful first ever August auction

Savills first August auction had a success rate of 86%, ultimately raising over EUR 22 million (£20m) (PRESS RELEASE) LONDON, 27-Aug-2020 — /EuropaWire/ — Global real estate services provider Savills held its first ever August auction on 25 August that … Read the full press release

Stadler to supply 24 TRAMLINK streetcars plus option for 19 more to Jenaer Nahverkehr as part of 24 years contract

(PRESS RELEASE) BERLIN, 26-Aug-2020 — /EuropaWire/ — Stadler, a Swiss train maker with over 75 years of experience, has announced it will deliver 24 streetcars of the TRAMLINK type with an option for up to 19 additional vehicles to Jenaer … Read the full press release

ABP further invests in Newport to meet future demand and maintain leading position as general cargo port in Wales

(PRESS RELEASE) LONDON, 25-Aug-2020 — /EuropaWire/ — The UK’s leading and best-connected port operator Associated British Ports (ABP) has invested nearly EUR 4.5 Million (£4 million) to enhance operations at the Port of Newport. As the UK continues to come … Read the full press release