Search Results for: equity

Novo Nordisk’s Bid for BIOCORP Set at 35.00 Euros per Share, Totaling 154 Million Euros

(IN BRIEF) Novo Nordisk A/S is in exclusive negotiations to acquire a controlling stake in BIOCORP Production SA, a French company specializing in medical device design and manufacturing. The acquisition would be followed by a mandatory tender offer for all … Read the full press release

Škoda Auto Debuts Škoda Enyaq Coupé Respectline, Emphasizing Inclusivity and Environmental Stewardship

(IN BRIEF) Škoda Auto introduces the Škoda Enyaq Coupé Respectline, a vehicle designed to celebrate diversity and promote respect for all individuals and the environment. Created collaboratively by Škoda Auto employees, the car features a unique exterior and interior design … Read the full press release

EBRD Drives Sustainable Mining in Greece with €56 Million Investment in Eldorado Gold

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €56 million in Eldorado Gold Corporation to support the development of the Skouries copper and gold mine in Greece. The investment aims to foster a sustainable and inclusive … Read the full press release

Driving Change: Škoda Auto Celebrates European Diversity Month with Focus on Inclusive Work Environment

(IN BRIEF) Škoda Auto, the Czech carmaker, has actively participated in European Diversity Month, promoting acceptance, equal opportunities, diversity, and respectful collaboration. The company is committed to providing an open and safe working environment and has launched various activities to … Read the full press release

Deutsche Bank Boosts Capital Allocation for Ho Chi Minh City Branch to Support Growth in Vietnam

(IN BRIEF) Deutsche Bank has announced a significant increase in capital allocation for its Ho Chi Minh City branch in Vietnam, raising it by USD 100 million to reach a total of over USD 200 million. The additional capital will … Read the full press release

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. The terms of the transaction have not … Read the full press release

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release

2X Challenge Achieves Remarkable $16.3 Billion in Gender Lens Investments

(IN BRIEF) 2X Global, an initiative launched by Development Finance Institutions (DFIs), has exceeded its target of raising $15 billion in gender lens investments. From 2021 to 2022, the initiative raised a total of $16.3 billion, benefiting 473 businesses across … Read the full press release

Barclays Announces Scott McDavid and Ronnie Wexler as Global Heads of Equities

(IN BRIEF) Barclays has announced the appointment of Scott McDavid as Global Head of Equities and Ronnie Wexler as Global Head of Equities Distribution. Scott, formerly from Morgan Stanley, will lead the Barclays Global Equities team, while Ronnie, previously at … Read the full press release

European Investment Bank Commemorates Diversity Day Lëtzebuerg to Promote Inclusion in the Workplace

(IN BRIEF) The European Investment Bank (EIB) celebrated Diversity Day Lëtzebuerg, Luxembourg’s national day of diversity, as part of European Diversity Month. The event, organized by the Diversity Charter Lëtzebuerg, aimed to promote diversity and inclusion in the workplace. The … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release

Amundi and CACEIS Collaborate to Strengthen Fund Channel’s Position in B-2-B Fund Distribution

(IN BRIEF) Amundi and CACEIS have successfully completed their strategic agreement to accelerate the growth of Fund Channel, a prominent B-2-B fund distribution platform. With CACEIS now holding a 33.33% stake and Amundi remaining the majority shareholder, Fund Channel aims … Read the full press release

Triton Expands Group with Launch of Ramudden Global, a Network of Tech-Enabled Safety Companies

(IN BRIEF) Triton, an investment firm, has announced the launch of Ramudden Global as the new brand name and identity for its group of tech-enabled infrastructure safety companies. This development follows the merger of portfolio companies Ramudden and AVS in … Read the full press release

International Investor Mutares Acquires Arriva Group’s Assets in Denmark and Serbia

(IN BRIEF) Arriva Group has successfully sold its businesses in Denmark and Serbia to Mutares SE & Co. KGaA, an international financial investor. This sale is in line with Arriva Group’s strategy to focus on its core markets in the … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

Messer to Use BASF’s OASE® Blue Technology for CO2 Recovery Plant in Austria

(IN BRIEF) Industrial gases specialist, Messer, plans to launch a CO2 recovery plant in Austria in 2024, using BASF’s OASE® blue technology to recover CO2 from an industrial company’s flue gas. The recovered CO2 will be refined to food grade … Read the full press release

ERG to acquire 149 MWp solar power plant in Spain from IBV Solar Parks

(IN BRIEF) ERG, via its subsidiary ERG Spain HoldCo SLU, has signed an agreement to acquire a 100% stake in Garnacha Solar SL from IBV Solar Parks, BV, a company of the German group ib vogt GmbH. The solar power … Read the full press release

European Investment Fund supports Romanian micro farmers with €9.1m loan

(IN BRIEF) The European Investment Fund (EIF) has signed a loan agreement worth €9.1 million with Agricover Credit, a specialised financial services provider for farmers in Romania. The loan, backed by the EU Programme for Employment and Social Innovation (EaSI), … Read the full press release

ArcelorMittal shareholders approve dividend and board member re-elections

(IN BRIEF) ArcelorMittal’s Annual General Meeting and Extraordinary General Meeting have been held, with over 75% of voting rights represented. The meetings approved the distribution of a dividend of US$0.44 per share and re-elected Lakshmi N. Mittal, Aditya Mittal, and … Read the full press release

Deutsche Bank to Acquire Numis Corporation in All-Cash Offer

(IN BRIEF) Deutsche Bank has agreed on the terms of an all-cash offer to acquire Numis Corporation Plc, a UK-based corporate broking and advisory house. The acquisition will allow Deutsche Bank to become a leading provider to more than 170 … Read the full press release

Romanian lender Patria Bank secures €5m loan from European Investment Fund to boost microentrepreneurship

(IN BRIEF) The European Investment Fund (EIF) has provided a €5 million loan to Patria Bank, a Romanian lender that specializes in financing small and microentrepreneurs with limited access to finance. The Tier II subordinated loan transaction, supported by InvestEU, … Read the full press release

Glencore joins Alunorte, MRN joint ventures with Hydro after stake acquisition

(IN BRIEF) Glencore has agreed to acquire a 30% stake in Alunorte and a 45% stake in Mineracão Rio do Norte from Norsk Hydro for a combined equity value of approximately USD 775 million. Completion of the transaction is expected … Read the full press release

BPEA EQT to acquire IMG Academy from Endeavor Group Holdings for $1.25 billion

(IN BRIEF) BPEA Private Equity Fund VIII, an affiliated investment fund of BPEA EQT, is set to acquire IMG Academy from Endeavor Group Holdings for USD 1.25 billion. IMG Academy, headquartered in Florida, provides a sports-focused boarding school, sports camps, … Read the full press release

TopHat to open Europe’s largest modular housing factory with £20m investment from Aviva Capital Partners

(IN BRIEF) Aviva Capital Partners (ACP) is investing £20 million into TopHat, a business that manufactures low carbon modular homes using Modern Methods of Construction (MMC). The equity funding will support TopHat’s new factory in Corby, capable of manufacturing 4,000 … Read the full press release

Thales facial recognition technology scores highly in DHS Biometric Technology Rally

(IN BRIEF) Thales, a global leader in biometric systems, has demonstrated its facial recognition capabilities by scoring highly in the 2022 Biometric Technology Rally organized by the DHS’s Science and Technology Directorate. The annual rally is a competition designed to … Read the full press release

Australian Rosedale Green Hydrogen Project Secures MYTILINEOS Investment to Power Long Haul Trucks

(IN BRIEF) MYTILINEOS Energy & Metals has acquired a 15% equity stake in CLARA Energy’s Rosedale Green Hydrogen project in Australia. The project will build a hydrogen generation facility powered exclusively by solar production to supply long haul trucks along … Read the full press release

Nestlé and PAI form joint venture for European frozen pizza brands

(IN BRIEF) Nestlé and private equity firm PAI Partners have announced a joint venture for Nestlé’s frozen pizza business in Europe. The transaction, which is subject to employee consultations and regulatory approvals, is expected to close in H2 2023. Financial … Read the full press release

kfzteile24, German eCommerce platform for automotive spare parts, acquired by investment consortium

(IN BRIEF) EQT Mid Market fund has agreed to sell kfzteile24 to an investment consortium comprising of the Company’s management, Project A Ventures, Koehler Group, and a group of technology investors. Kfzteile24, headquartered in Berlin, is a leading eCommerce platform … Read the full press release

Ark Kapital’s EIF guarantee to support sustainability, innovation, and digitalisation-driven enterprises

(IN BRIEF) Ark Kapital, a tech-focused lender, has secured a portfolio guarantee from the European Investment Fund (EIF) to improve access to finance for high-tech SMEs. The guarantee enables Ark Kapital to offer over €146 million in new financing across … Read the full press release

ArcelorMittal Brazil partners with Casa dos Ventos for 554 MW wind power project in Bahia

(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release

Former French Minister for Gender Equality joins Sanofi’s DE&I advisory council

(IN BRIEF) Sanofi has appointed Elisabeth Moreno, former French Minister for Gender Equality, Diversity and Equal Opportunities, to its Diversity, Equity and Inclusion (DE&I) Board for the next three years. The advisory council was created in 2022 to support Sanofi’s … Read the full press release

InvestEU-backed programme to benefit micro-enterprises in Lithuania, Latvia and Poland with up to €50,000 loans

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee agreement with Noviti Finance to lend almost €47 million to micro-businesses in Lithuania, Latvia, and Poland on preferential terms. The EIF guarantee is provided under the European Union’s … Read the full press release

European Investment Fund and Norrlandsfonden Sign InvestEU Guarantee Agreement to Improve SME Access to Finance in Northern Sweden

(IN BRIEF) The European Investment Fund (EIF) and Norrlandsfonden, a Swedish public investment agency, have signed a guarantee agreement supported by the European Union’s InvestEU programme to improve access to finance for SMEs and small mid-caps in Northern Sweden. Over … Read the full press release

Enel sells Peruvian energy units to China Southern Power Grid for $2.9bn

(IN BRIEF) Enel Perú S.A.C., a subsidiary of Enel S.p.A., has signed an agreement to sell its entire equity stakes in Enel Distribución Perú S.A.A., a power distribution and supply company, and Enel X Perú S.A.C., a company that provides … Read the full press release

APM Terminals Mumbai named top-performing terminal in India for 64th month in a row

(IN BRIEF) APM Terminals Mumbai, also known as GTI, has been named the top performing terminal in India for the 64th consecutive month in the January 2023 ranking published by NICDC Logistics Data Services. The terminal has maintained its position … Read the full press release

Equistone-backed Talon bolsters OOH offering with Evolve and Novus Canada purchases

(IN BRIEF) Talon, a global independent Out-of-Home (OOH) media agency backed by Equistone Partners Europe, has completed two bolt-on acquisitions worth £100m to expand its international footprint. The acquisitions of Evolve, an independent specialist international OOH business, and Novus Canada, … Read the full press release

EIF Signs First PaaS Guarantee Agreement with Swedish Financing Platform Lisa&

(IN BRIEF) The European Investment Fund (EIF) and Swedish financing platform Lisa& have signed a guarantee agreement to offer over SEK 278 million (€24.8 million) for Swedish companies with a circular business model. The deal will be supported by the … Read the full press release

Iberdrola and MAPFRE add 150 MW photovoltaic capacity to joint investment in renewable energies

(IN BRIEF) Iberdrola and MAPFRE have increased their strategic alliance in the energy sector in Spain by adding 150 new photovoltaic megawatts (MW) to Energías Renovables Ibermap, bringing the total to 445 MW. This includes 295 MW of wind power … Read the full press release

BEI e Ministero italiano collaborano per lanciare il Fondo per la Rigenerazione Urbana Sostenibile in Italia

(NOTIZIA IN BREVE) Il Ministero dell’Interno italiano e la Banca europea per gli investimenti (BEI) hanno lanciato un fondo tematico da 272 milioni di euro per rafforzare i piani urbanistici integrati delle 14 città metropolitane italiane. Il fondo sosterrà progetti … Read the full press release

EIB and Italian Ministry Collaborate to Launch Fund for Sustainable Urban Regeneration in Italy

(IN BRIEF) The Italian Interior Ministry and the European Investment Bank (EIB) have launched a €272 million thematic fund to strengthen the integrated urban plans of Italy’s 14 Metropolitan cities. The fund will support private projects aimed at enhancing sustainable … Read the full press release