Search Results for: acquisitions

New UCL Exhibition Celebrates 200 Years of Student Life in London

Posted on 26, September 2023 by

(IN BRIEF) UCL has unveiled a captivating new exhibition titled ‘Generation UCL: 200 Years of Student Life in London,’ which invites visitors to explore the institution’s rich history through the lens of its students. The exhibition highlights the pivotal role … Read the full press release →

Posted in Business, Education, Industrial, Management, Media, News, Society, United Kingdom

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Amundi and Sand Grove Capital Launch UCITS Fund for Event-Driven Equity Strategy

Posted on 19, September 2023 by

(IN BRIEF) Amundi, Europe’s largest asset manager, and Sand Grove Capital Management LLP have unveiled the Amundi Sand Grove Event Driven Fund. This fund, available on the Amundi Alternatives UCITS platform, focuses on a global event-driven equity strategy with a … Read the full press release →

Posted in Banks, Business, Financial, France, Investment, Management, Media, News, United Kingdom

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Sika Announces Changes in Board of Directors and Group Management Ahead of Growth Strategy Unveiling

Posted on 16, September 2023 by

(IN BRIEF) Sika, a global specialty chemicals company, is preparing for a new growth strategy and has announced changes in its Board of Directors and Group Management. Thierry F.J. Vanlancker is proposed to take over as the new Chair of … Read the full press release →

Posted in Business, Chemicals, Industrial, Management, News, Switzerland

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EY Unveils EY.ai: A Game-Changing Platform Blending Human Expertise and AI for Business Transformation

Posted on 13, September 2023 by

(IN BRIEF) The global EY organization has launched a groundbreaking platform called EY.ai, which combines human expertise and artificial intelligence to help clients transform their businesses responsibly through AI adoption. EY.ai is supported by substantial investments and integrates AI into … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Industrial, Management, Technology, United Kingdom

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Seadrill Launches $250 Million Share Repurchase Program

Posted on 13, September 2023 by

(IN BRIEF) Seadrill Limited has initiated a share repurchase program, previously authorized by its Board of Directors, allowing the company to repurchase up to $250 million worth of its common shares. The program, which has no specified time limit, involves … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, United Kingdom

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French Capital’s European Real Estate Investments Surge in H1 2023, Spain Tops Destination

Posted on 9, September 2023 by

(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release →

Posted in Business, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Real Estate, Spain, United Kingdom

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Repsol to Sell Canadian Oil and Gas Assets to Peyto for $468 Million as Part of Portfolio Focus

Posted on 8, September 2023 by

(IN BRIEF) Repsol has entered into an agreement to sell its oil and gas assets in Canada to Peyto for $468 million, part of Repsol’s ongoing portfolio management to focus on core regions. The deal includes mineral rights, facilities, and … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain

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Banque Populaire, SOCAMA, and EIF Sign €1 Billion Agreement to Support French SMEs

Posted on 8, September 2023 by

(IN BRIEF) Banque Populaire, Fédération Nationale des SOCAMA, and the European Investment Fund (EIF) have signed a €1 billion loan counter-guarantee agreement under the SME Competitiveness InvestEU program. Over two decades, this partnership with EIF has facilitated €9 billion in … Read the full press release →

Posted in Banks, Business, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business

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Laborie to Acquire Urotronic, Expanding Its Medical Technology Portfolio

Posted on 7, September 2023 by

(IN BRIEF) Laborie, a subsidiary of Patricia Industries, is set to acquire the remaining 91 percent of Urotronic, a US medical technology company known for its OptilumeTM device for treating benign prostatic hyperplasia (BPH). In 2020, Laborie entered a strategic … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, Management, News, Science, Sweden, Technology

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T-Mobile US Announces $19 Billion Shareholder Return Program and Dividend Increase Plans

Posted on 7, September 2023 by

(IN BRIEF) T-Mobile US has announced a second phase of its shareholder return program, allocating up to $19 billion for the period from Q4 2023 to the end of 2024. This program includes quarterly dividends totaling approximately $3.75 billion, beginning … Read the full press release →

Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Telecom

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Leading Real Estate Firm EQT Exeter Expands European Presence with New Partner

Posted on 6, September 2023 by

(IN BRIEF) EQT Exeter has appointed Tom Livelli as a Partner, based in Madrid, to lead the expansion of its European multi-family platform. Tom brings significant experience from his previous role as Senior Managing Director at Greystar, where he oversaw … Read the full press release →

Posted in Business, Construction, Industrial, Infrastructure & Utilities, Management, Real Estate, Sweden

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DHL eCommerce Expands Europe’s Largest Access Point Network, Reaching 100,000 Points

Posted on 5, September 2023 by

(IN BRIEF) DHL eCommerce has marked a significant achievement by inaugurating its 100,000th access point in Warsaw, Poland, creating the largest and most densely distributed network across Europe. These access points, including parcel shops and lockers, enable customers to conveniently … Read the full press release →

Posted in Business, Germany, Industrial, Infrastructure & Utilities, Internet & Online, Management, News, Retail, Technology, Transportation & Logistics

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STMicroelectronics and BorgWarner Collaborate to Enhance Volvo Cars’ EV Performance with Innovative Power Module

Posted on 1, September 2023 by

(IN BRIEF) STMicroelectronics, a global semiconductor leader, will supply BorgWarner, a sustainable mobility solutions provider, with third-generation 750V silicon carbide (SiC) power MOSFETs dice for their proprietary Viper-based power module. This module is used in BorgWarner’s traction inverter platforms for … Read the full press release →

Posted in Automotive, Business, Environment, Industrial, Management, News, Switzerland, Technology

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Barclays Bolsters Internet Banking Team with Key Appointments: Emma Taylor as Global Head and Carmen Chan as Managing Director

Posted on 26, August 2023 by

(IN BRIEF) Barclays has appointed Emma Taylor as the Global Head of Internet Coverage and Carmen Chan as a Managing Director of Internet Coverage within the Technology Investment Banking division. Emma Taylor, with nearly 20 years of experience in Technology … Read the full press release →

Posted in Banks, Business, Financial, Industrial, Investment, Management, News, United Kingdom

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EQT Announces Successful Completion of USD 924 Million Block Trade for Coforge

Posted on 25, August 2023 by

(IN BRIEF) BPEA Private Equity Fund VII (“BPEA EQT”) has successfully sold its remaining 26.6 percent stake in Coforge, an Indian technology services provider listed on the National Stock Exchange. The USD 924 million block trade marked the conclusion of … Read the full press release →

Posted in Business, Investment, Management, Sweden, Technology

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Maersk North America Market Update: Navigating Ocean Challenges, Emissions Trading Expansion, and Logistics Solutions

Posted on 24, August 2023 by

(IN BRIEF) The Maersk North America Market Update for August 2023 provides insights on various aspects of the shipping and logistics industry. It discusses updates on ocean operations, including adjustments due to low water levels at the Panama Canal and … Read the full press release →

Posted in Business, Denmark, Environment, Industrial, Management, News, Technology, Transportation & Logistics

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Heidelberg Materials to Acquire Green Drop Rock Products, Expanding Aggregates Presence in Calgary Market

Posted on 22, August 2023 by

(IN BRIEF) Heidelberg Materials has entered a definitive agreement to acquire the business of Green Drop Rock Products, an independent aggregates producer in Cochrane, Alberta, Canada. The acquisition will bolster Heidelberg’s aggregates reserves in the Greater Calgary area and enhance … Read the full press release →

Posted in Business, Construction, Germany, Industrial, Management, Marketing, News

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Basilea Pharmaceutica Reports Strong H1 2023 Financial Results and Increases Full-Year Guidance

Posted on 16, August 2023 by

(IN BRIEF) Basilea Pharmaceutica Ltd, a biopharmaceutical company specializing in severe bacterial and fungal infection treatments, has announced robust financial results for the first half-year ending June 30, 2023. Their CEO, David Veitch, highlighted the company’s progress in executing their … Read the full press release →

Posted in Business, Financial, Healthcare, Management, Marketing, News, Pharma & Biotech, Science, Switzerland

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Enea Completes Share Buybacks to Enhance Capital Structure and Shareholder Value

Posted on 15, August 2023 by

(IN BRIEF) Enea AB (publ) conducted share buybacks between August 7-11, 2023, repurchasing a total of 25,289 own shares under the authorization from the Annual General Meeting 2023. The purpose of the repurchase program is to adjust the company’s capital … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom

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Exor Becomes 15% Shareholder in Philips, Supporting Health Technology and Innovation Strategy

Posted on 15, August 2023 by

(IN BRIEF) Health technology leader Royal Philips and diversified holding company Exor N.V. announce a relationship agreement where Exor acquires a 15% shareholding in Philips. This investment supports Philips’ strategy and value creation plan focused on health and well-being through … Read the full press release →

Posted in Business, Financial, Healthcare, Industrial, Investment, Management, Netherlands, News, Technology

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

Posted on 15, August 2023 by

(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 →

Posted in Business, Germany, Industrial, Management, News, Pharma & Biotech, Science

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EQT AB repurchased 393,000 Own Ordinary Shares Between 7 and 11 August 2023 as part of its Share Repurchase Program

Posted on 15, August 2023 by

(IN BRIEF) EQT AB, a purpose-driven global investment organization, has repurchased 393,926 of its own ordinary shares (ISIN: SE0012853455) between 7 and 11 August 2023 as part of its initiated repurchase program, running between 17 July 2023 and 25 August … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Sweden

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

Posted on 12, August 2023 by

(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 →

Posted in Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News

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Former Voith Paper CEO Dr. Hans-Peter Sollinger Celebrates 70th Birthday, Reflecting on Transformative Leadership Journey

Posted on 10, August 2023 by

(IN BRIEF) Dr. Hans-Peter Sollinger, former CEO of Voith Paper from 2005 to 2014, celebrates his 70th birthday. Over his 30-year tenure at Voith, he played a significant role in shaping the company’s success. Sollinger started as a project planning … Read the full press release →

Posted in Business, Germany, Industrial, Management, News, Technology

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Enea Repurchases Own Shares in SEK 25 Million Buyback Program

Posted on 8, August 2023 by

(IN BRIEF) Enea AB (publ), a telecom and cybersecurity software specialist, has repurchased 24,477 of its own shares within the framework of an authorized share buyback program. The purpose of the program is to adjust the company’s capital structure over … Read the full press release →

Posted in Business, Financial, Industrial, Investment, Management, News, Security & Safety, Sweden, Technology, Telecom

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EQT AB Repurchases 364,176 Ordinary Shares Between 31 Jul and 4 Aug 2023 as Part of its Share Buyback Scheme

Posted on 8, August 2023 by

(IN BRIEF) EQT AB has repurchased 364,176 of its own ordinary shares as part of its repurchase program announced on 14 July 2023. The program aims to buy back a maximum of 1,800,000 own ordinary shares for SEK 500,000,000 and … Read the full press release →

Posted in Financial, Investment, Management, Sweden

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Holcim Expands European Roofing Platform with Acquisition of CSTR, Strengthening Sustainable Solutions Portfolio

Posted on 3, August 2023 by

(IN BRIEF) Holcim has completed the acquisition of Cooper Standard Technical Rubber GmbH (CSTR), a prominent manufacturer of durable and technical rubber products used in roofing systems. With this acquisition, Holcim aims to expand its roofing platform in Europe and … Read the full press release →

Posted in Business, Construction, Environment, Industrial, Infrastructure & Utilities, Management, News, Switzerland, Technology

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Anglo American Names John Heasley as New Finance Director to Drive Financial Strategy and Sustainable Mining Initiatives

Posted on 28, July 2023 by

(IN BRIEF) Anglo American plc has appointed John Heasley as Finance Director, effective by the end of 2023. Heasley currently serves as the Chief Financial Officer of The Weir Group PLC, a global engineering company. He will join Anglo American’s … Read the full press release →

Posted in Business, Financial, Industrial, Management, Metals and Minerals, News, United Kingdom

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Géraldine Picaud Appointed as SGS Group CFO, Ensuring Smooth Transition

Posted on 19, July 2023 by

(IN BRIEF) Géraldine Picaud will assume the role of Group Chief Financial Officer (CFO) at SGS starting from December 1, 2023. She brings over 25 years of experience in finance and has previously served as Group CFO in prominent companies … Read the full press release →

Posted in Business, Industrial, Management, News, Switzerland

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European Investment Bank and Banco Santander Partner to Boost Renewable Energy in Brazil

Posted on 18, July 2023 by

(IN BRIEF) The European Investment Bank (EIB) and Banco Santander (Brasil) have signed a €300 million loan agreement to promote the use of renewable energy in Brazil. The loan will support the installation of small-scale solar photovoltaic plants, primarily on … Read the full press release →

Posted in Banks, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, United Kingdom

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

Posted on 14, July 2023 by

(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 →

Posted in Business, Financial, Investment, Management, Sweden

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

Posted on 6, July 2023 by

(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 →

Posted in Banks, Business, Financial, France, Management, News

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Strategic Mergers Pay Off: Polish ORLEN Gains Momentum with Austrian Fuel Station Expansion

Posted on 5, July 2023 by

(IN BRIEF) ORLEN, following its mergers with Grupa LOTOS and PGNiG, is set to acquire 266 fuel stations in Austria, operating under the Turmöl brand. This acquisition will make ORLEN one of the top three fuel networks in Austria, with … Read the full press release →

Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Poland

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

Posted on 27, June 2023 by

(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 →

Posted in Business, Denmark, Healthcare, Management, Pharma & Biotech

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

Posted on 14, June 2023 by

(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 →

Posted in Business, Germany, Industrial, Investment, Management, Sweden, Technology

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

Posted on 26, May 2023 by
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 →

Posted in Financial, Germany, Industrial, Investment, News, Sweden

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

Posted on 18, May 2023 by

(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 →

Posted in Business, Industrial, Infrastructure & Utilities, Investment, Management, Technology, Transportation & Logistics

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Landmark Partnership: Unilever Joins FIFA Women’s World Cup 2023™ as Official Personal Care Sponsor

Posted on 12, May 2023 by

(IN BRIEF) Unilever personal care brands, including Rexona, Dove, Lifebuoy, and Lux, have been announced as the Official Sponsors of the FIFA Women’s World Cup 2023. This partnership is a first for FIFA, as it includes personal care brands across … Read the full press release →

Posted in Apparel, Fashion & Beauty, Business, Entertainment, Marketing, Sports, United Kingdom

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RWE Advances Growing Green Ambitions: Expands Renewable Energy Holdings and Achieves Strong Q1 Performance

Posted on 11, May 2023 by

(IN BRIEF) RWE, the European energy company, is rapidly implementing its Growing Green strategy with substantial investments in the first quarter of 2023. The company added 4.9 GW to its green portfolio, spending €8.0 billion on acquisitions, including the Con … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Industrial, Infrastructure & Utilities, Management

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Henkel’s Q1 Sales Rise Thanks to Strong Organic Growth and Double-Digit Pricing

Posted on 5, May 2023 by
Henkel: Company is currently not capable to predict with sufficient reliability the impact COVID-19 will have on its business performance in 2020

(IN BRIEF) Henkel, the German consumer goods and adhesives manufacturer, announced a strong start to the year with group sales of approximately €5.6 billion in the first quarter of 2023. The company achieved a very strong organic sales growth of … Read the full press release →

Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News

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