Search Results for: equity

BNP Paribas to sell its U.S. subsidiary Bank of the West, Inc. for EUR 14.4 billion to BMO Financial Group

(PRESS RELEASE) PARIS, 20-Dec-2021 — /EuropaWire/ — BNP Paribas (EPA: BNP), European Union’s leading bank, has announced the sale of its subsidiary in the United States  Bank of the West, Inc., the Group’s retail & commercial banking activities in the … Read the full press release

New pan European leader in operational car leasing established by Stellantis and Crédit Agricole

Crédit Agricole and Stellantis intend to join forces to create a European leader in long-term leasing CA Consumer Finance plans also to launch a panEuropean, multi-brand operator in automotive financing, leasing and mobility (PRESS RELEASE) MONTROUGE, France, 17-Dec-2021 — /EuropaWire/ … Read the full press release

Lufthansa Innovation Hub: Climate-tech startup SQUAKE will now operate as an independent company, two other investors join

SQUAKE decarbonizes logistics, travel and mobility companies Commerzbank’s main incubator, BackBone Ventures, and Lufthansa Group invest in the company Philipp von Lamezan joins the start-up’s management team as CEO (PRESS RELEASE) COLOGNE, 15-Dec-2021— /EuropaWire/ — Lufthansa Group (ETR: LHA), a … Read the full press release

Leadership changes at Societe Generale to meet the increased importance of ESG and digital transformation

(PRESS RELEASE) PARIS, 10-Dec-2021 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced that the adaptations of the organisation of the Group’s General Management team proposed by Frédéric … Read the full press release

Equinor to acquire 45% stake in Noriker, a UK battery storage developer

(PRESS RELEASE) STAVANGER, 6-Dec-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced the acquisition of a 45% stake in UK-based battery storage developer Noriker … Read the full press release

BASF reduces its holdings in Hollandse Kust Zuid offshore wind farm

(PRESS RELEASE) LUDWUGSHAFEN, 6-Dec-2021 — /EuropaWire/ — BASF (ETR: BAS), world’s largest chemical producer, has announced the sale of 25.2% stake in the Hollandse Kust Zuid windfarm to Allianz Capital Partners, which acts on behalf of Allianz Insurance Companies. The … Read the full press release

Allianz to invest in Hollandse Kust Zuid offshore wind farm by acquiring a minority stake

First renewables equity investment in offshore wind First renewables equity investment in the Netherlands Allianz is to acquire a 25.2% stake in the Hollandse Kust Zuid offshore wind farm Hollandse Kust Zuid will be the largest offshore wind farm in … Read the full press release

TotalEnergies, ANPG start the production of CLOV Phase 2, some 140 kilometers off the Angolan coast

(PRESS RELEASE) LUANDA, Angola, 3-Dec-2021 — /EuropaWire/ — TotalEnergies (EPA: TTE), one of the seven “supermajor” oil companies, has announced the start of the production of CLOV Phase 2 off the Angolan coast, a project connected to the existing CLOV … Read the full press release

Allianz Life announces a $35-billion fixed index annuity portfolio reinsurance agreement, one of the largest transactions of this type

Allianz Life reinsures $35 billion of liabilities of fixed index annuity book in one of the largest transactions of its kind Agreement underscores shared values of flexibility, ability to scale, risk management, and commitment to policyholders Transaction expected to improve … Read the full press release

Equinor: financial close on the third phase of what will become the world’s largest offshore wind farm

(PRESS RELEASE) STAVANGER, 2-Dec-2021 — /EuropaWire/ — Equinor ASA (OSE:EQNR, NYSE:EQNR), an oil, gas, wind and solar energy company active in more than 30 markets globally, has announced that Dogger Bank wind farm, what will become the world’s largest offshore … Read the full press release

EQT further invests in the healthcare sector with the acquisition of Integrated Clinical Oncology Network

EQT Infrastructure has agreed to acquire Icon Group from a consortium including Goldman Sachs Asset Management, QIC and Pagoda. Goldman Sachs Asset Management will remain a minority shareholder as part of the transaction Icon Group is Australia’s largest vertically integrated cancer … Read the full press release

Swedbank Robur: fee reduction on 10 funds will positively impact over half a million of our savers

(PRESS RELEASE) STOCKHOLM, 12-Nov-2021 — /EuropaWire/ — Swedbank Robur, an equity-based mutual fund and one of Scandinavia’s largest asset managers, has announced fee reduction on 10 of its funds that will have a positive impact on over half a million … Read the full press release

Schroders Capital takes over Cairn Real Estate, a Dutch real estate fund and asset management firm

(PRESS RELEASE) LONDON, 11-Nov-2021 — /EuropaWire/ — Schroders Capital, one of Europe’s largest real estate managers, has announced the acquisition of Cairn Real Estate, a real estate fund and asset management business based in the Netherlands with €1.3 billion¹ of … Read the full press release

Purely plant-based food firm Veganz Group AG goes public on Frankfurt Stock Exchange’s Scale segment

(PRESS RELEASE) FRANKFURT, 10-Nov-2021 — /EuropaWire/ — Deutsche Börse Group (ETR: DB1), an international exchange organisation and innovative market infrastructure provider, has announced a new listing on the Frankfurt Stock Exchange’s Scale segment. Veganz Group AG (ISIN: DE000A3E5ED2), purely plant-based … Read the full press release

EQT AB to acquire European life sciences venture capital firm Life Sciences Partners

LSP will strengthen EQT’s position as one of the leading and most active private markets investors in the healthcare sector. LSP’s highly experienced team will complement EQT’s existing knowledge base within life sciences and expand EQT’s ability to support companies … Read the full press release

Aegon to transition its EUR 156 billion general account investment portfolio to net-zero greenhouse gas emissions by 2050

(PRESS RELEASE) THE HAGUE, 2-Nov-2021 — /EuropaWire/ — Aegon N.V. (AMS: AGN), Dutch multinational life insurance, pensions and asset management company, has announced it has committed to transition its EUR 156 billion general account investment portfolio to net-zero greenhouse gas … Read the full press release

Webuild lands €2.1 billion contract for the North East Link PPP Primary Package in Melbourne, Australia as part of Spark consortium

(PRESS RELEASE) MILAN, 28-Oct-2021 — /EuropaWire/ — Webuild, an Italian industrial group specialised in the construction and civil engineering, formerly Salini Impregilo, has announced that the company expands its presence in Australia and PPP projects as new orders reach €10.6 … Read the full press release

Orbit Irrigation now part of Gardena following the acquisition by Husqvarna Group

(PRESS RELEASE) STOCKHOLM, 26-Oct-2021 — /EuropaWire/ — Husqvarna Group (STO: HUSQ-B), a Swedish manufacturer of outdoor power products, has announced the acquisition of Orbit Irrigation, a leading provider of residential watering solutions in North America. As part of the deal … Read the full press release

Newly launched EQT Future fund to focus on longer-hold investments in mature companies with market-shaping impact potential

EQT strengthens commitment to drive positive impact by launching the EQT Future fund, targeting longer-hold investments in mature companies with market-shaping impact potential Paul Polman, former CEO of Unilever, and Jacob Wallenberg, Chairperson of Investor AB, to co-chair the EQT … Read the full press release

EIC, the World’s Largest Multinational Innovation Program, to Invest €13.4M in Wi-Charge, a Game Changing Wireless Power Company

The fund recognizes Europe as the epicenter of global tech innovation and will accelerate the rollout of true wireless electricity to businesses and homes (PRESS RELEASE) TEL AVIV, 18-Oct-2021 — /EuropaWire/ — Wi-Charge, the leader in long-range wireless power, today … Read the full press release

Schneider Electric congratulates EQT AB as the first private markets firm to achieve Science Based Targets (SBT) validation

Schneider Electric partnered with EQT to develop SBT strategy and roadmap for implementation (PRESS RELEASE) RUEIL-MALMAISON, 15-Oct-2021 — /EuropaWire/ — Schneider Electric (EPA: SU), a global leader in energy management, digital transformation and automation active in more than 100 countries, … Read the full press release

Crédit du Nord and Société Générale retail banks merger: 1,450 branches, 10 million clients with 25,000 employees in 2025

(PRESS RELEASE) PARIS, 12-Oct-2021 — /EuropaWire/ — Société Générale (EPA: GLE), a European leader in financial services with over 150 years of history, has announced it submits a complete dossier to its employee representative organisations setting out in detail the … Read the full press release

Angela Liu to lead Barclays China

(PRESS RELEASE) LONDON, 11-Oct-2021 — /EuropaWire/ — Barclays (LON: BARC), a British multinational universal bank, has announced the appointment of Angela Liu as Country CEO, China. As Barclays continues to reinforce its Asia Pacific franchise the leadership change will strengthen … Read the full press release

Communications Technology: Triton Fund IV portfolio company EQOS Energie Deutschland GmbH acquires TCT TechnikCentrumThale GmbH

(PRESS RELEASE) BIBERACH, Germany, 5-Oct-2021 — /EuropaWire/ — Triton Partners, a private equity investment firm with focus on medium-sized businesses across Europe, has announced that its Triton Fund IV portfolio company EQOS Energie Deutschland GmbH, one of the leading service … Read the full press release

Deutsche Börse venture capital arm DB1 Ventures acquires minority stake in WeMatch, a fintech digitizing the wholesale derivatives industry

WeMatch is a fintech company focussing on trading workflows for the wholesale derivatives industry DB1 Ventures, the corporate venture capital arm of Deutsche Börse, leads the Series B funding round Other investors include Augmentum Fintech PLC, Illuminate Financial and existing … Read the full press release

AL Amyloidosis: Alexion, AstraZeneca Rare Disease, takes over Caelum Biosciences, Inc.

(PRESS RELEASE) CAMBRIDGE, 29-Sep-2021 — /EuropaWire/ — AstraZeneca (LON: AZN), a British-Swedish multinational pharmaceutical and biotechnology company, has announced its rare diseases arm Alexion has exercised its option to acquire all remaining equity in Caelum Biosciences, Inc., a Clinical Stage … Read the full press release

Tikehau Capital to acquire a 42% stake in Caisse des Dépôts subsidiary Egis

(PRESS RELEASE) PARIS, 23-Sep-2021 — /EuropaWire/ — Caisse des Dépôts, a French public sector financial institution created in 1816, has announced that it has received a binding offer from Tikehau Capital, the alternative asset management group with €30.9 billion AUM, … Read the full press release

Paul Achleitner, Deutsche Bank Chairman, speech at the 10th Frankfurt Supervisory Board Day, September 23, 2021

(PRESS RELEASE) FRANKFURT AM MAIN, 23-Sep-2021 — /EuropaWire/ — Deutsche Bank (ETR: DBK), Germany’s leading multinational investment bank and financial services company, has announced that its Chairman Paul Achleitner will speak at the 10th Frankfurt Supervisory Board Day on September … Read the full press release

Visa Back to Business global study: small businesses who embraced digital commerce and cross-border sales have weathered the pandemic better

New Visa research shows how essential digital capabilities are for SMBs to compete in a post pandemic world Amidst record rise of entrepreneurism, a new class of digitally-native small businesses emerge (PRESS RELEASE) LONDON, 16-Sep-2021 — /EuropaWire/ — Visa (NYSE: … Read the full press release

Norlandia Preschools AS to acquire Norwegian preschool chain Gnist Barnehager AS

(PRESS RELEASE) OSLO, 16-Sep-2021 — /EuropaWire/ — Altor, a family of private equity funds focused on the Nordic region, has announced the sale of Norwegian preschool chain Gnist Barnehager AS (“Gnist”) to Norlandia Preschools AS (“Norlandia”). The sellers are the … Read the full press release

Sanofi to add Rezurock™ to its transplant portfolio with the acquisition of Kadmon Holdings, Inc.

Adds Rezurock™ (belumosudil) an FDA-approved, first-in-class treatment for adult and pediatric patients 12 years and older with chronic graft-versus-host disease (cGVHD) after failure of at least two prior lines of systemic therapy (PRESS RELEASE) PARIS, 8-Sep-2021 — /EuropaWire/ — Sanofi … Read the full press release

Zumtobel Group in Q1: revenues up by 15.4 percents; Group confirms FY 2021/22 outlook despite increased raw material prices

Group revenues rise by 15.4% to EUR 289.3 million in the first quarter EBIT nearly triples to EUR 20.1 million Net profit rises to EUR 13.4 million Outlook for the 2021/22 financial year confirmed despite increased raw material prices and … Read the full press release

Royal Dutch Shell’s subsidiary Sarawak Shell Berhad takes final investment decision on the Timi gas development project, powered by a solar and wind hybrid power system

(PRESS RELEASE) THE HAGUE, 30-Aug-2021 — /EuropaWire/ — Royal Dutch Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced that its subsidiary Sarawak Shell Berhad (SSB) has taken a final investment decision (FID) on the Timi … Read the full press release

HSBC Holdings plc through HSBC Insurance (Asia-Pacific) Holdings Ltd takes over AXA Insurance Pte Limited (AXA Singapore) for US$575 million

A key milestone supporting HSBC’s ambition to be Asia’s leading insurance and wealth provider Strengthening Singapore as a global wealth hub for HSBC (PRESS RELEASE) LONDON, 16-Aug-2021 — /EuropaWire/ — HSBC Holdings plc, one of the world’s largest banking and … Read the full press release

Eni to deliver a carbon neutral LNG cargo to CPC Corporation, Taiwan reaching a milestone in its decarbonization strategy

The GHG emissions related to the entire value chain of the LNG cargo will be offset through the retirement of high quality nature based credits. (PRESS RELEASE) SAN DONATO MILANESE (MILAN), 6-Aug-2021 — /EuropaWire/ — Eni (BIT: ENI), an Italian … Read the full press release

AB Electrolux to hold its Extraordinary General Meeting on Friday, August 27, 2021; Agenda

(PRESS RELEASE) STOCKHOLM, 2-Aug-2021 — /EuropaWire/ — AB Electrolux (STO: ELUX-B), a Swedish multinational home appliance manufacturer, has given a notice to its shareholders, reg. no. 556009-4178, of the Extraordinary General Meeting to be held on Friday, August 27, 2021. … Read the full press release

Siemens Gamesa in 3QFY2021: order backlog increase underlines further commitments to a decarbonized economy

Order backlog amounted to €32.6bn, underpinned by further commitments to a decarbonized economy; Siemens Gamesa logged €11.8bn order intake in the last twelve months Rising commodity prices and higher ramp-up costs for the 5.X platform resulted in provisions for onerous … Read the full press release

Introducing Cap Expand Partners, Helping Business Leaders Break International Barriers

Sergio van Luijk, Managing Director at Cap Expand Partners

Cap Expand Partners assist international business leaders in acquiring companies in Europe (PRESS RELEASE) RIEMST, Belgium, 27-Jul-2021 — /EuropaWire/ — Financial consulting company Cap Expand Partners are pleased to announce a fresh new approach to business acquisitions, financing, and exit strategies. … Read the full press release

Schroders Capital managed fund aimed at European sub-investment grade infrastructure debt opportunities reached the €1 billion hard cap fundraising target

(PRESS RELEASE) LONDON, 21-Jul-2021 — /EuropaWire/ — Schroders Capital, $65 billion AUM, 257 investment professionals, 19 offices worldwide, has announced that it has reached the €1 billion hard cap fundraising target for the Schroder Euro Enhanced Infrastructure Debt Fund II … Read the full press release

SHV acquires Kiwa a global player in the Testing, Inspection and Certification (TIC) industry

(PRESS RELEASE) UTRECHT, 9-Jul-2021 — /EuropaWire/ — One of the world’s largest private trading groups, SHV announces that it has reached an agreement on the acquisition of Kiwa, currently owned by NPM Capital and the Kiwa management and employees. Kiwa … Read the full press release