Search Results for: equity

Savills Foresees Normalcy Returning to Global Industrial Investment Market by Year-End, Office Markets Showing Stabilization Signs

(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release

BioNTech Enhances Leadership Team with New Chief Legal Officer, James Ryan, to Drive Legal Strategy and Global Operations

(IN BRIEF) BioNTech SE, a biopharmaceutical company, has appointed James Ryan as Chief Legal Officer (CLO) and a member of the Management Board, effective from September 1, 2023. In this role, Ryan will oversee the company’s corporate legal strategy, global … Read the full press release

RWE Reports €9 Billion Investment Surge and Robust Earnings in First Half of 2023, Driven by Renewable Energy Expansion

(IN BRIEF) RWE, focused on building a sustainable energy system, significantly increased its investment activity in the first half of fiscal 2023, spending €9 billion on growth compared to €2.1 billion in the same period last year. This expansion included … Read the full press release

thyssenkrupp Sustains Resilient Performance Amidst Challenges in Q3 2022/2023; Refines Fiscal Year Forecast

(IN BRIEF) Despite a challenging business environment, thyssenkrupp reported a robust performance in the 3rd quarter of the 2022/2023 fiscal year. Order intake of €9.4 billion and sales of €9.6 billion were lower than the prior year due to normalization … Read the full press release

Study Reveals Undervaluation of Nature Fuels Environmental Crisis: Calls for Shift in Values and Policies

(IN BRIEF) A new study published in Nature, involving researchers from the University of East Anglia (UEA), highlights the undervaluation of nature as a core aspect of the current environmental crisis. The study identifies the dominance of narrow market-based values … Read the full press release

Barclays Strengthens Sustainable Project Finance Leadership with New Global Head

(IN BRIEF) Barclays has appointed James Edmonds as the Global Head of Sustainable Project Finance within its Corporate and Investment Bank. Based in New York, Edmonds will collaborate across the organization to offer project financing solutions that aid clients in … Read the full press release

European Semiconductor Giants Collaborate to Develop European Manufacturing Hub

(IN BRIEF) TSMC, Robert Bosch GmbH, Infineon Technologies AG, and NXP Semiconductors N.V. have announced their joint investment in the European Semiconductor Manufacturing Company (ESMC) GmbH, situated in Dresden, Germany. The project aims to establish a 300 mm fab to … Read the full press release

Deutsche Börse’s DB1 Ventures Leads Funding Round for Block Trading Platform OptimX Markets

(IN BRIEF) Deutsche Börse’s Corporate Venture Capital arm, DB1 Ventures, has led a Seed funding round in OptimX Markets, a block trading platform based in New York. OptimX provides a venue-neutral solution for sharing and processing institutional block orders in … Read the full press release

BioNTech Q2 2023 update: Advances Oncology Pipeline and Prepares for Omicron-Adapted COVID-19 Vaccine Launch

(IN BRIEF) BioNTech reported its second-quarter 2023 financial results and corporate update, highlighting significant pipeline advancements in oncology with the initiation of BNT316/ONC-392 Phase 3 pivotal trial and positive data updates across multiple technology platforms. The company also prepares for … Read the full press release

ZF Reports Strong H1 2023 Results and Confirms Full-Year Outlook Amid Global Market Challenges

(IN BRIEF) During the first half of 2023, ZF reported sales of €23.3 billion, a 10 percent increase from the previous year. The company’s adjusted EBIT reached €941 million, maintaining an EBIT margin of 4.0 percent. Despite challenges from inflation … Read the full press release

Egyptian DISOUCO Venture Attains Zero Routine Flaring, Led by Wintershall Dea and EGAS

(IN BRIEF) Wintershall Dea, in partnership with the Egyptian Natural Gas Holding Company (EGAS), has achieved zero routine flaring at the DISOUCO Joint Venture in Egypt, becoming the first company in the country to do so. This accomplishment is part … Read the full press release

BioNTech Solidifies AI Advancements with InstaDeep Acquisition

(IN BRIEF) BioNTech SE has completed the acquisition of InstaDeep Ltd., a prominent AI and ML technology company. The acquisition is part of BioNTech’s strategy to enhance AI-driven drug discovery and develop advanced immunotherapies and vaccines for diseases with significant … Read the full press release

Dutch Racer Demi Vollering Triumphs as Škoda Sponsors Second Edition of Tour de France Femmes avec ZWIFT

(IN BRIEF) The second edition of the Tour de France Femmes avec ZWIFT concluded with Dutch racer Demi Vollering emerging as the overall winner. The points classification was won by Belgian Lotte Kopecky, who received a green trophy made of … Read the full press release

Anglo American Reports Interim Results with 41% Decrease in EBITDA Amid Challenging Market Conditions

(IN BRIEF) Anglo American reported its interim financial results for the first half of 2023, showing a 41% decrease in underlying EBITDA, largely due to weaker product prices. Despite macro headwinds, the company is on track to achieve its full-year … Read the full press release

EIF and SG Equipment Finance Collaborate to Boost Digital Transition for Czech and Slovak Companies with €25 Million Investment

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee with SG Equipment Finance to support up to €25 million in new lending for innovative SMEs and small Mid-Caps in Czechia and Slovakia. The financing, backed by the … Read the full press release

Škoda Auto Celebrates 20 Years of Tour de France Partnership with Electrifying Finale and Special Trophies

(IN BRIEF) The 110th Tour de France concluded with Danish rider Jonas Vingegaard winning the overall title, accompanied by a camouflaged new Superb Combi provided by Škoda Auto. The crystal trophies for the winners were created by Škoda’s design team. … Read the full press release

Joint Initiative on Circular Economy (JICE) Continues Beyond 2023 with €8.9 Billion Funding for Sustainable Projects

(IN BRIEF) The Joint Initiative on Circular Economy (JICE), led by the European Union’s largest public promotional banks and institutions, has decided to extend its efforts beyond the original time frame of 2023. Launched in 2019, JICE aims to provide … Read the full press release

European Investment Bank and Bulgarian Development Bank Collaborate to Enhance SME Financing in Bulgaria

(IN BRIEF) The European Investment Bank (EIB) and Bulgarian Development Bank (BDB) have signed a €175 million loan agreement to improve access to finance for small and medium-sized enterprises (SMEs) and mid-caps in Bulgaria. The loan aims to support companies … Read the full press release

CACEIS Collaborates with Ardian and Eight Advisory as Custodian for Women-Led Booster Fund

(IN BRIEF) CACEIS, the asset servicing banking group, has been selected as the custodian for the Booster Fund launched by Ardian and Eight Advisory. The Booster Fund, with an initial size of €1 million, aims to support female entrepreneurs over … Read the full press release

Symrise Pet Food Rebrands its Nutrition Ingredients to Nuvin™, Expanding Growth and Sustainability

(IN BRIEF) Symrise Pet Food has announced the rebranding of its nutrition ingredients brand to Nuvin™, with a focus on expanding growth and advancing sustainability. The transformation aims to strategically strengthen the company’s pet food offering, encompassing egg, chicken, hydrolyzed … Read the full press release

EQT AB to Repurchase up to 1.8 Million Shares as part of Share Allocation Program

(IN BRIEF) EQT AB has announced its plan to repurchase a maximum of 1,800,000 of its own ordinary shares, amounting to a total maximum value of SEK 500,000,000. The decision was made in accordance with the authorization granted by the … Read the full press release

SEAT S.A. Demonstrates Commitment to Diversity and Inclusion at Pride BCN 2023

(IN BRIEF) SEAT S.A. is reaffirming its commitment to diversity, inclusion, and equity by sponsoring Pride BCN for the second consecutive year. The company will participate in the Pride march with employees riding on a specially designed bus, showcasing artwork … Read the full press release

TotalEnergies and Partners Make Final Investment Decision for Rio Grande LNG Project in South Texas

(IN BRIEF) TotalEnergies, in collaboration with Global Infrastructure Partners (GIP), NextDecade Corporation, GIC, and Mubadala, has reached the final investment decision (FID) to develop phase 1 of the Rio Grande LNG (RGLNG) project in South Texas. The initial phase includes … Read the full press release

Netherlands-Based Rocsys BV Receives €18 Million Funding Boost from European Investment Bank

(IN BRIEF) Rocsys BV, a Netherlands-based provider of autonomous charging solutions for electric transport, has secured an €18 million investment deal with the European Investment Bank (EIB). The agreement, made possible through the InvestEU programme, aims to accelerate the development … Read the full press release

Triton Acquires Techouse AS, Expanding Presence in Offshore Energy Sector

(IN BRIEF) Triton, through a vehicle controlled by Triton Fund IV, has acquired Techouse AS, a renowned provider of energy recovery and water treatment solutions to the offshore oil and gas sector. The acquisition aims to bring Techouse under a … Read the full press release

bp Ventures Leads $10 Million Investment in WasteFuel to Expand Bioenergy Solutions

(IN BRIEF) bp ventures, the investment arm of bp, has committed $10 million as the lead investor in the Series B funding round of WasteFuel, a California-based biofuels company. WasteFuel specializes in converting bio-based municipal and agricultural waste into lower … Read the full press release

Natixis CIB Appoints Anurag Poddar as Head of Financial Sponsors Group, Asia Pacific

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has announced the appointment of Anurag Poddar as the Head of Financial Sponsors Group, Asia Pacific. Anurag, with over 20 years of experience, will be based in Singapore and report to … Read the full press release

UEA Celebrates NHS 75 and its Role in Training Future Medical Professionals

(IN BRIEF) As the UK commemorates the 75th anniversary of the National Health Service (NHS), the University of East Anglia (UEA) takes the opportunity to acknowledge its partnership with the NHS and the significant contribution of its medicine and health … Read the full press release

EIF Provides €3 Million Loan to Patria Credit to Expand Access to Finance for Romanian Micro-Farms

(IN BRIEF) The European Investment Fund (EIF) has signed a €3 million subordinated loan agreement with Patria Credit IFN to support micro-farms and expand access to finance in Romania. The transaction, backed by InvestEU, aims to help Patria Credit reach … Read the full press release

CACEIS Strengthens Position as Leading Asset Servicing Provider with Acquisition of RBC Investor Services’ Operations

(IN BRIEF) CACEIS and Royal Bank of Canada (RBC) have successfully completed the acquisition of RBC Investor Services’ European and Malaysian operations. This transaction, which has received regulatory approvals, strengthens CACEIS’ position as a leading asset servicing player in Europe. … Read the full press release

Generali Presents Women in Sailing Trophy at Barcolana to Promote Equality

(IN BRIEF) Generali, as the presenting sponsor of the Barcolana sailing event, is supporting sustainability, diversity, equity, and inclusion. The event, organized by the Barcola and Grignano Sailing Club, will include the ‘Generali Women in Sailing’ Trophy, awarded to the … Read the full press release

Deborah Dunsire to Retire as Lundbeck CEO, Charl van Zyl Named Successor

(IN BRIEF) H. Lundbeck A/S has announced the initiation of CEO succession, with Deborah Dunsire choosing to retire from her role as President and CEO. Charl van Zyl has been appointed as the new President and CEO, and Dunsire will … Read the full press release

LSEG’s LCH Group Expands Eurozone Market Presence through Euronext Stake Acquisition

LSEG's LCH Group Expands Eurozone Market Presence through Euronext Stake Acquisition

(IN BRIEF) LCH Group, majority-owned by the London Stock Exchange Group (LSEG), has agreed to acquire Euronext’s 11.1% stake in LCH SA, the French subsidiary of LCH Group, for EUR 111 million. This transaction will grant LCH Group full ownership … Read the full press release

Barclays Strengthens Industrials Team with Appointment of Yuri Shakhmin as Managing Director

(IN BRIEF) Barclays has announced the appointment of Yuri Shakhmin as a Managing Director in the Global Industrials Group within its Investment Banking division. Shakhmin’s extensive experience and track record in advising industrial clients make him a valuable addition to … Read the full press release

Spanish Social Impact Fund ‘IB Deuda Impacto España’ Receives €30 Million Investment from EIF

(IN BRIEF) The European Investment Fund (EIF) has committed €30 million as a cornerstone investment in the ‘IB Deuda Impacto España’ fund, which supports Spanish businesses investing in high social impact areas. MicroBank, CaixaBank’s social arm, has also contributed €10 … Read the full press release

EIB Secretary General Barbara Balke Receives Recognition as LGBTIQ Ally by LGBT Great

(IN BRIEF) Barbara Balke, Secretary General of the European Investment Bank (EIB), has been named one of the Top 50 Executive Allies by LGBT Great. The recognition honors leaders in finance and business who have used their influence to support … Read the full press release

BBS Automation Set for New Chapter as EQT Agrees to Sale with Dürr Group

(IN BRIEF) EQT, along with its co-shareholders, has agreed to sell BBS Automation to Dürr Group. BBS Automation, based in Munich, specializes in automating production processes and reducing energy consumption and waste. It offers customized assembly and testing solutions for … Read the full press release

HSBC Expands Innovation Reach with HSBC Innovation Banking and SVB UK Integration

(IN BRIEF) HSBC has launched HSBC Innovation Banking, a new initiative that includes Silicon Valley Bank UK (SVB UK) and innovation teams in the US, Israel, and Hong Kong. The launch took place during London Tech Week, where HSBC executives … Read the full press release

Innovative Partnership: AstraZeneca and Quell Therapeutics Targeting Autoimmune Diseases with Engineered Treg Cell Therapies

(IN BRIEF) AstraZeneca and Quell Therapeutics have announced a collaboration to develop innovative treatments for Type 1 Diabetes and Inflammatory Bowel Disease. Quell’s T-regulatory cell engineering technology will be used to create potential curative therapies. AstraZeneca has the option to … Read the full press release

InvestEU-backed Partnership to Stimulate SME Growth and Digitalization in Slovenia

(IN BRIEF) The European Investment Fund (EIF) and SID Bank have signed a guarantee agreement worth €42 million to unlock €72 million in new loans for micro, small, and medium-sized enterprises (SMEs) in Slovenia. The agreement, backed by InvestEU, will … Read the full press release