Search Results for: shareholders

CRH Announces Agreement to Sell European Lime Operations to SigmaRoc for $1.1 Billion

(IN BRIEF) CRH plc, a leading provider of building materials solutions, has revealed plans to divest its lime operations in Europe to SigmaRoc plc for approximately $1.1 billion, pending customary conditions and regulatory approvals. The divestment includes 16 operating locations … Read the full press release

Viasat’s Arctic Satellite Broadband Project Moves Forward with Successful Thermal Vacuum Testing

(IN BRIEF) Viasat, a global leader in satellite communications, has achieved a significant milestone in its Arctic Satellite Broadband Mission. The second satellite in the project, led by Space Norway subsidiary Heosat, has completed thermal vacuum testing at Northrop Grumman’s … Read the full press release

Equinor Announces Second Quarter 2023 Dividend Payouts

(IN BRIEF) Equinor ASA has disclosed the dividend payouts for the second quarter of 2023. The company will distribute an ordinary cash dividend of USD 0.30 per share and an extraordinary cash dividend of USD 0.60 per share. The NOK … Read the full press release

Vivendi Becomes Global Leader in Publishing and Travel Retail with Lagardère Merger

(IN BRIEF) Vivendi has successfully completed a major transaction with the Lagardère group, solidifying its position as a global leader in culture, media, and entertainment. This strategic move enhances Vivendi’s presence in publishing, travel retail, and experiences, while also providing … Read the full press release

Kapsch TrafficCom Plans Capital Increase to Strengthen Equity Base

(IN BRIEF) Kapsch TrafficCom AG has announced its decision to pursue a capital increase from authorized capital by issuing up to 1,300,000 new ordinary no-par value bearer shares, representing up to 10% of the existing share capital. This capital increase … Read the full press release

Accenture Collaborates with Accor to Enhance Content Production for Personalized Guest Experiences

(IN BRIEF) Global hospitality group Accor has partnered with Accenture to boost its content production capabilities for more consistent and personalized marketing communications across its hotel brands. Accenture Song, Accenture’s tech-powered creative group, introduced the “Content Atelier,” a data-driven content … Read the full press release

Solvay Releases Supplement to Information Document for Planned Separation into SOLVAY and SYENSQO

(IN BRIEF) Solvay SA/NV has published a supplement to its information document, initially dated June 30, 2023, regarding its planned separation into two independent listed companies, SOLVAY and SYENSQO. This separation will occur through a partial demerger of Solvay. The … Read the full press release

Yara International and Northern Lights Sign Historic Agreement for Cross-Border CO2 Transport and Storage

(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release

NIB Provides €50 Million Loan to Kemijoki Oy for Hydropower Innovation and Fish Migration Projects

(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 15-year, €50 million loan agreement with Kemijoki Oy to support the company’s investment program from 2023 to 2027. Kemijoki Oy’s program focuses on modernizing and maintaining its hydropower assets and … Read the full press release

Accenture Study Reveals Only 18% of Companies on Track for Net Zero Emissions by 2050, Urgent Action Needed in Heavy Industry

(IN BRIEF) A recent study by Accenture highlights that just 18% of companies are currently on course to achieve net-zero emissions in their operations by 2050. The research also reveals that 38% of companies feel unable to make additional investments … Read the full press release

Accenture Expands New Zealand Presence with Acquisition of IT Services Provider Solnet

(IN BRIEF) Accenture, a global technology consulting and services company, has announced its acquisition of Solnet, a New Zealand-based IT services provider specializing in technology consulting for government and private organizations. While the terms of the deal remain undisclosed, Solnet’s … Read the full press release

Siemens AG Boosts Stake in Siemens Ltd. India, Accelerating Separation from Siemens Energy

(IN BRIEF) Siemens AG has taken significant steps to support the stability and accelerate the separation of Siemens Energy AG in India. Siemens plans to enter into a share purchase agreement to acquire an 18% stake in Siemens Ltd. India … Read the full press release

AirFund Secures €6 Million in Financing Round Led by Amundi and Indosuez Wealth Management

(IN BRIEF) Amundi and Indosuez Wealth Management have jointly invested in AirFund, a digital platform designed to connect asset management firms and distributors of Private Markets funds with retail investors. This €6 million financing round marks a significant step in … Read the full press release

EnBW Reports Strong Earnings Growth and Increased Investment in Energy Transition

(IN BRIEF) EnBW Energie Baden-Württemberg AG has announced its financial results for the first nine months of the 2023 financial year. The company reported revenue of approximately €34.7 billion and Group operating earnings (adjusted EBITDA) of €4.9 billion during this … Read the full press release

Vodafone Partners with Accenture to Optimize Shared Operations, Boost Efficiency, and Drive Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans for a strategic partnership with Accenture aimed at leveraging shared operations to enhance growth, customer service, and operational efficiency across Vodafone’s operating companies and partner markets. The collaboration will build upon Vodafone’s … Read the full press release

Vodafone Partners with Accenture to Revolutionize Shared Operations and Fuel Growth

(IN BRIEF) Vodafone Group Plc has unveiled plans to establish a strategic partnership with Accenture to harness Vodafone’s shared operations for accelerated growth, improved customer service, and enhanced efficiency across its operating companies and partner markets. The collaboration will leverage … Read the full press release

EnBW Completes Sale of Minority Stake in TransnetBW to Federal Government and KfW

(IN BRIEF) EnBW Energie Baden-Württemberg AG has successfully concluded the sale of a minority stake in its subsidiary, TransnetBW, to the federal government and KfW. The federal government has acquired a 24.95% minority stake, while KfW exercised its option to … Read the full press release

EQT and Benesse Holdings to Partner for Privatization and Growth in Japan’s Education and Nursing Care Sectors

(IN BRIEF) EQT, in collaboration with the founding family of Benesse Holdings, Inc., a leading education and nursing care provider in Japan, is set to initiate a Tender Offer to privatize the company, which is listed on the Tokyo Stock … Read the full press release

Telefónica Launches Voluntary Public Acquisition Offer for Telefónica Deutschland Shares

(IN BRIEF) Telefónica, through its subsidiary Telefónica Local Services GmbH, is making a voluntary public acquisition offer to acquire up to 28.19% of Telefónica Deutschland shares not currently held by Telefónica. The offer price of EUR 2.35 per share represents … Read the full press release

KPN CEO Outlines Growth Strategy, Plans to Expand Fiber Footprint and Enhance Service Experience

(IN BRIEF) Joost Farwerck, CEO of KPN, has provided an update on the company’s progress in executing its “Accelerate to Grow” strategy launched in late 2020. Under this strategy, KPN has achieved sustainable growth in all segments and made significant … Read the full press release

Lenzing Group Reports Q3 2023 Results Amidst Challenging Market Conditions

(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023 results, reflecting ongoing challenges in the market. The company’s revenue for the first three quarters of the year decreased by … Read the full press release

Siemens Invests $150 Million in High-Tech Manufacturing Plant to Support U.S. Data Centers and Infrastructure

(IN BRIEF) Siemens has revealed a $150 million investment in a new advanced manufacturing plant located in Dallas-Fort Worth. The facility will produce cutting-edge electrical equipment to support American data centers and critical infrastructure, catering to the growing demand for … Read the full press release

Swiss Re Reports Robust Earnings of $2.5 Billion in First Nine Months of 2023

(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release

Maersk Navigates Stormy Seas: Q3 2023 Results Reflect Industry Challenges

(IN BRIEF) In the third quarter of 2023, global shipping and logistics giant Maersk reported financial results that mirrored expectations but reflected the harsh realities of a challenging market environment. With revenues of USD 12.1 billion, down significantly from the … Read the full press release

Deutsche Telekom Plans Dividend Increase and €2 Billion Share Buyback for 2024

(IN BRIEF) The Board of Management of Deutsche Telekom has announced its plans for shareholder remuneration in the upcoming year. The company intends to increase the dividend for the 2023 financial year to €0.77 per dividend-bearing share, up from €0.70 … Read the full press release

TotalEnergies Extends Partnership with Oman LNG, Commits to GHG Emission Reduction

(IN BRIEF) TotalEnergies has extended its partnership with Oman LNG, a liquefied natural gas (LNG) joint venture, for ten more years beyond 2024. This extension also covers the adjacent Qalhat LNG project, which has been extended for five years. As … Read the full press release

Accenture Expands Cybersecurity Reach in Spain with Acquisition of Innotec Security

(IN BRIEF) Accenture, a global technology and consulting firm, has acquired Innotec Security, a prominent cybersecurity-as-a-service company headquartered in Madrid, Spain. This acquisition enhances Accenture’s cybersecurity capabilities and presence in Spain. Innotec Security, previously owned by Entelgy Group, brings 500 … Read the full press release

Accenture Completes Acquisition of ConcentricLife to Enhance Healthcare Marketing Capabilities

(IN BRIEF) Accenture has successfully finalized its acquisition of ConcentricLife, a prominent healthcare marketing agency known for its expertise in assisting Life Sciences brands in creating optimal brand experiences throughout various stages of the health journey. This strategic acquisition underscores … Read the full press release

AstraZeneca Teams Up with Cellectis to Accelerate Gene Therapy Development

(IN BRIEF) AstraZeneca has entered into a collaboration and investment agreement with biotech firm Cellectis to fast-track the development of cutting-edge therapeutics in areas such as oncology, immunology, and rare diseases. This partnership will leverage Cellectis’ gene editing technologies and … Read the full press release

ABN AMRO Extends CEO Robert Swaak’s Tenure to 2028 in Show of Confidence

(IN BRIEF) ABN AMRO has extended the term of its CEO, Robert Swaak, by four years, until the 2028 General Meeting of Shareholders. Swaak, who has been CEO since April 2020, has accepted the request for the extension. The decision … Read the full press release

HSBC Reports Strong 3Q 2023 Earnings, Plans Share Buy-Backs and Dividends

(IN BRIEF) HSBC Holdings plc reported strong financial performance in the third quarter of 2023, with profit before tax rising to $7.7 billion. This increase was driven by a higher interest rate environment and a positive impact related to the … Read the full press release

ViiV Healthcare Receives Chinese Approval for Long-Acting HIV Treatment Vocabria and Rekambys

(IN BRIEF) ViiV Healthcare has received approval from China’s National Medical Products Administration (NMPA) for Vocabria (cabotegravir) in combination with Rekambys (rilpivirine), marking the first complete long-acting HIV-1 injectable treatment in China. This approval allows people living with HIV in … Read the full press release

Accenture and TD Bank Forge Coalition with Disability:IN to Drive Disability Inclusion in Marketing and Communications

(IN BRIEF) Accenture and TD Bank have partnered to establish a cross-industry coalition comprising Chief Marketing Officers (CMOs) and Chief Communications Officers (CCOs) powered by Disability:IN. This coalition aims to accelerate disability inclusion in the marketing and communications professions by … Read the full press release

Eni’s LNG Strategy: New 0.8 bcm Agreement Fuels Growth in Key Asian Markets

(IN BRIEF) Eni, a global energy company, has signed a significant LNG sales agreement with Merakes LNG Sellers for 0.8 billion cubic meters (bcm) annually, starting from January 2024 for three years. This complements their existing 1.4 bcm per year … Read the full press release

SSAB Launches SEK 2.5 Billion (EUR 212.5 Million) Share Buyback Program to Optimize Capital Structure

(IN BRIEF) The Board of Directors of SSAB AB (publ) has decided to initiate a share buyback program with a maximum amount of SEK 2.5 billion (~EUR 212.5 Million). The program aims to optimize the company’s capital structure to enhance … Read the full press release

Azane Fuel Solutions Receives 5.4 Million EUR Investment for Ammonia Bunkering Units

(IN BRIEF) Yara Growth Ventures and Navigator Holdings have invested 5.4 million EUR in Azane Fuel Solutions, a Norwegian ammonia bunkering startup. Azane aims to construct the world’s first ammonia bunkering network, starting with its first bunkering unit in Norway, … Read the full press release

Saab Unveils Long-Term Incentive Program for Key Employees

(IN BRIEF) Saab has introduced the Key Employee Plan 2024 (KEY 2024), a long-term incentive program designed to retain key employees. This program, following the Key Employee Plan 2023, is meant to motivate and keep critical talent within the company. … Read the full press release

Benin and Côte d’Ivoire Gain Approval to Join European Bank for Reconstruction and Development (EBRD)

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has received shareholder approval to admit Benin and Côte d’Ivoire as members of the multilateral financial institution. The applications from Benin and Côte d’Ivoire for EBRD membership, submitted in July … Read the full press release

Borealis Partners with Alpiq for Long-Term Renewable Energy Supply from Finnish Wind Farm

(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release

Shell and Oman LNG Extend Partnership Beyond 2024, Securing Long-Term Gas Supply Agreements

(IN BRIEF) Shell Gas BV, a subsidiary of Shell plc, along with partners in the Oman LNG LLC venture, have signed an amended shareholders’ agreement for Oman LNG LLC, extending the business beyond 2024. Shell Gas will remain the largest … Read the full press release