Search Results for: shareholders

Crédit Agricole Assurances Joins Scope Group to Boost European Financial Sovereignty

Posted on 14, September 2024 by

(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release →

Posted in Banks, Business, Economy, Financial, France, Germany, Government, Industrial, Insurance, Investment, Management, News

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Wolters Kluwer Nominates IT Leader Anjana Harve to Supervisory Board

Posted on 13, September 2024 by

(IN BRIEF) Wolters Kluwer has nominated Anjana Harve, currently the EVP and CIO at BJ’s Wholesale Club, for a position on its Supervisory Board, pending approval at an Extraordinary General Meeting (EGM) on October 28, 2024. Harve, a seasoned IT … Read the full press release →

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

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EIB Partners with Austrian Savings Banks to Fund 1,750 Affordable Green Homes in Salzburg and Innsbruck

Posted on 11, September 2024 by

(IN BRIEF) The European Investment Bank (EIB) is providing up to €175 million in loans to Salzburger Sparkasse and Tiroler Sparkasse to fund the construction of 1,750 affordable and energy-efficient rental flats in Salzburg and Innsbruck. The project aims to … Read the full press release →

Posted in Austria, Banks, Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Real Estate

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EIB Funds New Wind Farm in Lower Austria to Power 40,000 Homes with Clean Energy

Posted on 11, September 2024 by

(IN BRIEF) The European Investment Bank (EIB) has provided €20.1 million to WEB Windenergie AG (W.E.B) for the construction of a new wind farm in Spannberg, Lower Austria. The project’s first phase will build four wind turbines, with plans to … Read the full press release →

Posted in Austria, Banks, Business, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News

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Schroders Appoints Richard Oldfield as New Group CEO, Succeeding Peter Harrison

Posted on 11, September 2024 by

(IN BRIEF) Schroders plc has named Richard Oldfield as its next Group Chief Executive, effective November 8, 2024, pending regulatory approval. Oldfield, who joined Schroders in 2023 as CFO after a 30-year career at PwC, will succeed Peter Harrison, who … Read the full press release →

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

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BayWa AG Appoints Restructuring Expert Michael Baur to Lead Financial Recovery

Posted on 11, September 2024 by

(IN BRIEF) BayWa AG has appointed Michael Baur, a restructuring expert from AlixPartners, as Chief Restructuring Officer (CRO) to guide the company through its financial difficulties. Baur has been working with BayWa’s management to stabilize the business and will now … Read the full press release →

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

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Ahold Delhaize Repurchased 250,000 Shares as Part of €1 Billion Buyback Program

Posted on 10, September 2024 by

(IN BRIEF) Ahold Delhaize repurchased 250,000 shares between September 2 and September 6, 2024, at an average price of €31.22 per share, totaling €7.8 million. This is part of the company’s €1 billion share buyback program, which has repurchased a … Read the full press release →

Posted in Business, Economy, Financial, Food & Beverage, Industrial, Investment, Management, Netherlands, News, Retail

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Shell Confirms Euro and GBP Dividend Payments for Q2 2024, Set for September Distribution

Posted on 10, September 2024 by

(IN BRIEF) Shell plc has announced the euro and pounds sterling equivalent dividend payments for its second quarter 2024 interim dividend of $0.344 per ordinary share. Shareholders who opted for euros or pounds sterling will receive €0.3102 or 26.15p per … Read the full press release →

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

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Airbus Launches Share Buyback Program to Support Employee Ownership and Compensation Plans

Posted on 9, September 2024 by

(IN BRIEF) Airbus SE has launched a share buyback program to acquire up to 4,254,000 shares by 31 March 2025, with the first phase targeting 2,127,000 shares by 31 October 2024. This buyback aims to support future employee share ownership … Read the full press release →

Posted in Aviation & Aerospace, Business, Economy, Financial, France, Industrial, Investment, Management, Netherlands, News

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Astor Asset Management 3 Ltd Initiating Class Action Lawsuit Inquiry Against Ricardo Benjamín Salinas Pliego of Grupo ELEKTRA for Stock Manipulation & Securities Fraud

Posted on 9, September 2024 by

ASTOR ASSET MANAGEMENT 3 LTD INVESTIGATES POTENTIAL LEGAL ACTION OVER ALLEGED STOCK PLEDGING AND MARKET MISCONDUCT (IN BRIEF) Astor Asset Management 3 Ltd is forming a class action lawsuit against Mr. Ricardo Benjamín Salinas Pliego and Grupo Elektra (ELEKTRA) for … Read the full press release →

Posted in Business, Financial, Germany, Investment, Law

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Unilever Partners with Accenture to Pioneer New Benchmarks in Generative AI-Driven Efficiency

Posted on 6, September 2024 by

(IN BRIEF) Unilever and Accenture are enhancing their partnership to set a new benchmark in generative AI-driven productivity. Through a multi-year program, Unilever aims to build on its existing AI applications and leverage Accenture’s GenWizard platform to drive efficiencies, cost … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Commodities, Financial, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom

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Arianespace Completes Final Vega Launch with Successful Deployment of Sentinel-2C Satellite

Posted on 6, September 2024 by

(IN BRIEF) Arianespace successfully launched the Sentinel-2C satellite on September 4, 2024, marking the final flight of the Vega rocket. The Sentinel-2C, part of the European Copernicus Earth observation program, was deployed into a Sun-synchronous orbit to provide crucial environmental … Read the full press release →

Posted in Aviation & Aerospace, Business, Financial, France, Government, Industrial, Investment, Management, News, Technology

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Siemens Leads Financial Innovation with New €300 Million Blockchain Bond Issuance

Posted on 5, September 2024 by

(IN BRIEF) Siemens has issued a €300 million digital bond using blockchain technology, continuing its leadership in digital finance. This new bond, with a one-year maturity, was settled through SWIAT’s private blockchain and the Bundesbank Trigger Solution, significantly speeding up … Read the full press release →

Posted in Banks, Business, Economy, Financial, Germany, Industrial, Investment, Management, News, Technology

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BBVA Secures U.K. Approval for TSB Takeover, Moving Closer to Banco Sabadell Acquisition

Posted on 3, September 2024 by

(IN BRIEF) BBVA has received approval from the U.K.’s Prudential Regulation Authority (PRA) to take indirect control of TSB Bank, a subsidiary of Banco Sabadell. This approval is a key step in BBVA’s plan to acquire Banco Sabadell, which will … Read the full press release →

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

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MOL Group Announces Bold Strategy Update for a Sustainable and Self-Sufficient Future

Posted on 27, August 2024 by

(IN BRIEF) MOL Group has updated its long-term strategy, “SHAPE TOMORROW,” aiming for carbon neutrality by 2050. The plan includes over $4 billion in green investments by 2030, focusing on renewable energy, efficiency improvements, and waste management. The company also … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Hungary, Industrial, Investment, Management, News

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Adyen Appoints Tom Adams as New Chief Technology Officer to Drive Innovation and Growth

Posted on 26, August 2024 by

(IN BRIEF) Adyen has appointed Tom Adams as its new Chief Technology Officer (CTO), succeeding Alexander Matthey. Adams, formerly Head of Engineering at Cash App, will oversee the strategic and technological vision of Adyen’s unified platform. His appointment has been … Read the full press release →

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

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Accenture and AWS Launch Responsible AI Platform to Enhance Safe and Ethical AI Adoption

Posted on 23, August 2024 by

(IN BRIEF) Accenture and Amazon Web Services (AWS) have expanded their partnership to launch the Accenture Responsible AI Platform, designed to help organizations adopt and scale AI responsibly. This platform integrates AI governance, risk assessment, compliance monitoring, and other services, … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology

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VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

Posted on 22, August 2024 by

(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Switzerland, Technology

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EBRD and Raiffeisen Bank Provide €110 Million for Major Solar Projects to Boost Romania’s Green Energy Expansion

Posted on 21, August 2024 by

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International have provided a €110 million financing package to build and operate two solar photovoltaic power plants in south-eastern Romania. These plants, with a combined capacity of … Read the full press release →

Posted in Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Luxembourg, Romania, United Kingdom

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Lindsay Goldberg Acquires Majority Stake in Golden State Foods, Strengthening Strategic Growth

Posted on 20, August 2024 by

(IN BRIEF) Lindsay Goldberg, a private equity firm specializing in family and founder-led businesses, has acquired a controlling interest in Golden State Foods (GSF), a major supplier in the foodservice and retail industries. The Wetterau family, who have been long-time … Read the full press release →

Posted in Agriculture, Business, Economy, Environment, Financial, Food & Beverage, Government, Industrial, Investment, Law, Management, News, United Kingdom

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Abertis Strengthens Presence in Chile with New Ruta 5 Santiago-Los Vilos Concession

Posted on 16, August 2024 by

(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release →

Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain

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Schroders Capital Secures £2 Billion Real Estate Mandate from Wales Pension Partnership, Expands Investment in Local and UK-Wide Initiatives

Posted on 14, August 2024 by

(IN BRIEF) Schroders Capital has secured a £2 billion real estate mandate from the Wales Pension Partnership (WPP), following a previous £500 million private equity mandate. This new mandate will see up to £400 million invested in local initiatives across … Read the full press release →

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

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50Hertz Secures Early Approval to Upgrade Mecklar-Vieselbach Overhead Line with High-Temperature Conductors

Posted on 14, August 2024 by

(IN BRIEF) 50Hertz has received approval from the Federal Network Agency (BNetzA) to upgrade the Thuringian section of the 380-kV Mecklar-Vieselbach overhead line by converting it to high-temperature conductors. This decision, issued ahead of schedule, allows 50Hertz to increase the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology

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Digi Communications NV announces the release of H1 2024 Financial Results

Posted on 14, August 2024 by

(IN BRIEF) Digi Communications N.V. has released its H1 2024 financial report, revealing significant growth in revenues and customer base. The company reported consolidated revenues of €921.3 million for the first half of 2024, a 13% increase compared to the … Read the full press release →

Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom

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Digi Communications N.V. announces that conditional stock options were granted to a director of the Company’s Romanian Subsidiary

Posted on 13, August 2024 by

(IN BRIEF) Digi Communications N.V. announced that on 12 August 2024, it granted 70,000 conditional Class B stock options to a director of its Romanian subsidiary, Digi Romania S.A. This grant is part of a stock option program approved by … Read the full press release →

Posted in Belgium, Business, Financial, Investment, Italy, Management, Netherlands, News, Portugal, Romania, Spain, Technology, Telecom

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Exor N.V. Launches €125 Million Share Buyback Program to Reduce Capital

Posted on 13, August 2024 by

(IN BRIEF) Exor N.V. has announced the continuation of its share buyback program, originally launched on September 13, 2023, with an additional €125 million allocated for the second tranche, starting August 12, 2024. This follows the completion of the first … Read the full press release →

Posted in Business, Economy, Financial, Industrial, Investment, Management, Netherlands, News

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African Clean Energy Developments Places 144 MW Wind Turbine Order for Khangela Emoyeni Wind Farm

Posted on 8, August 2024 by

(IN BRIEF) African Clean Energy Developments (ACED) has placed a 144 MW order with Vestas for the Khangela Emoyeni wind farm in Western Cape, South Africa. This order includes 32 V163-4.5 MW wind turbines and a 10-year service agreement. It … Read the full press release →

Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News

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Glencore Retains Coal and Carbon Steel Materials Business After Positive Shareholder Feedback

Posted on 8, August 2024 by

(IN BRIEF) Glencore initially proposed the demerger of its coal and carbon steel materials business following positive feedback during its acquisition approach to Teck in early 2023. However, evolving shareholder views on ESG and increased support for Glencore’s climate strategy … Read the full press release →

Posted in Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Switzerland

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S&P Global and Accenture Partner to Advance Generative AI in Financial Services

Posted on 7, August 2024 by

(IN BRIEF) S&P Global and Accenture have partnered to advance generative AI in the financial services industry. This includes launching a comprehensive AI learning program for S&P Global’s workforce and enhancing AI development and benchmarking solutions. The collaboration aims to … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Economy, Financial, Industrial, Investment, Ireland, Management, News, Technology

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Continental Executive Board Evaluates Spin-Off of Automotive Group

Posted on 6, August 2024 by

(IN BRIEF) Continental is evaluating a spin-off of its Automotive group sector to create two independent companies, aiming to unlock greater value and growth potential. A decision is expected in late 2024, with the spin-off planned for completion by the … Read the full press release →

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

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Sainsbury’s Enhances Shopping Experience with NCR Voyix Technology Partnership

Posted on 6, August 2024 by

(IN BRIEF) Sainsbury’s has partnered with NCR Voyix in a seven-year agreement to enhance its shopping experience and support its business strategy. The partnership involves upgrading 22,500 checkouts with advanced NCR Voyix technology, including AI-powered self-checkout systems and real-time analytics. … Read the full press release →

Posted in Artificial Intelligence (AI), Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, News, Retail, Technology, United Kingdom

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MorphoSys Finalizes Delisting from Frankfurt and Nasdaq Markets Following Novartis Acquisition

Posted on 5, August 2024 by

(IN BRIEF) MorphoSys AG has completed its voluntary delisting from the Frankfurt Stock Exchange and Nasdaq Global Market following its acquisition by Novartis. The delisting agreement, announced on June 20, 2024, and the subsequent delisting purchase offer by Novartis were … Read the full press release →

Posted in Business, Economy, Environment, Financial, Germany, Government, Industrial, Investment, News, Pharma & Biotech, Science, Switzerland, Technology

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Iberdrola Acquires Majority Stake in Electricity North West, Enhancing Commitment to UK Market

Posted on 3, August 2024 by

(IN BRIEF) Iberdrola has acquired an 88% stake in Electricity North West (ENW) in the UK for £2.1 billion (€2.5 billion), reinforcing its commitment to investing in strong credit-rated countries. This acquisition makes the UK Iberdrola’s leading market by regulated … Read the full press release →

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

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Rheinmetall Expands Global Reach with Acquisition of Majority Stake in South African Plant Engineering Firm

Posted on 3, August 2024 by

(IN BRIEF) Rheinmetall is acquiring a majority stake in Resonant Holdings (Pty) Ltd, a South African specialist in plant engineering for chemical applications, by securing 51% ownership in a new joint venture, Rheinmetall Resonant South Africa. This move aims to … Read the full press release →

Posted in Business, Chemicals, Defence, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Security & Safety, Technology

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Elmos Semiconductor SE Celebrates 40 Years of Innovation and Global Growth

Posted on 31, July 2024 by

(IN BRIEF) Elmos Semiconductor SE is celebrating its 40th anniversary this year, marking four decades of innovation and growth in the automotive mixed-signal semiconductor industry. Founded in 1984 in Dortmund by Prof. Dr. Günter Zimmer, Dr. Klaus Weyer, and Norbert … Read the full press release →

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

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EIB and Natixis Finance Major Photovoltaic Project in Italy

Posted on 30, July 2024 by

(IN BRIEF) The European Investment Bank (EIB), Natixis Corporate & Investment Banking (Natixis CIB), and the Sunprime Group have signed a project finance operation worth €204 million to support the construction of over 100 photovoltaic plants across Italy, with a … Read the full press release →

Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Luxembourg, Management, News

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Eni Reports Strong Q2 2024 Growth with Strategic Portfolio Upgrades and Enhanced Shareholder Returns

Posted on 26, July 2024 by

(IN BRIEF) Eni reported strong growth and strategic progress in Q2 2024, achieving an adjusted net profit of €1.5 billion. Key achievements include a 6% year-on-year increase in oil and gas production, significant portfolio upgrades, and advancements in transition businesses … Read the full press release →

Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Italy, Management, News

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PETRONAS, Enilive, and Euglena Finalize Investment for Biorefinery to Boost Sustainable Biofuel Production in Malaysia

Posted on 26, July 2024 by

(IN BRIEF) PETRONAS, Enilive, and Euglena have made a final investment decision to develop a biorefinery at PETRONAS’ Pengerang Integrated Complex in Johor, Malaysia. Set to be operational by the second half of 2028, the biorefinery will produce Sustainable Aviation … Read the full press release →

Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Technology

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Yara and ATOME PLC Sign Heads of Terms for Long-Term Offtake Agreement for Renewable Fertilizer Project in Paraguay

Posted on 24, July 2024 by

(IN BRIEF) Yara and ATOME PLC have signed a Heads of Terms agreement for the long-term supply of Calcium Ammonium Nitrate from ATOME’s renewable fertilizer production facility in Villeta, Paraguay. This partnership will help decarbonize the fertilizer sector and support … Read the full press release →

Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Management, News, Norway

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Schroders Greencoat Acquires UK-Based Solar Portfolio from METLEN Energy & Metals

Posted on 23, July 2024 by

(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom

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