(IN BRIEF) BayWa AG has agreed to sell Cefetra to Peter Goedvolk’s First Dutch, subject to regulatory approval, trimming its bank debt by over €650 million. Combined with a €500 million liability reduction from Raiffeisen Ware Austria shares earlier in … Read the full press release
Posted in Agriculture, Business, Economy, Financial, Germany, Government, Industrial, Investment, Management, Marketing, Netherlands, News, Technology
Tagged agricultural equipment, agriculture, antitrust approval, BayWa AG, building materials, Cefetra, debt reduction, divestment, Dr Frank Hiller, First Dutch, global supply chains, Heating & Mobility, liquidity, Michael Baur, partnership, Peter Goedvolk, Raiffeisen Ware Austria, transformation strategy
(IN BRIEF) K+S Aktiengesellschaft’s Supervisory Board has announced that Dr. Andreas Kreimeyer will not seek reappointment when his mandate expires at the Annual General Meeting on May 14, 2025. His decade-long tenure has significantly influenced the company’s strategic direction, including … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Annual General Meeting, appointment, Audit Committee, BASF SE, Crisis management, debt reduction, digitalization, Dr. Andreas Kreimeyer, Dr. Harald Schwager, Dr. Rainier van Roessel, Dr. Tilman Krauch, global technology, Governance, international competitiveness, IT, K+S Aktiengesellschaft, leadership, leadership transition, May 14 2025, Mr. Markus Heldt, Mr. Thomas Kölbl, personnel continuity, restructuring, specialty chemicals, strategic oversight, Supervisory Board, sustainability
(IN BRIEF) Telia Company has announced the sale of its TV & Media business, which includes TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion. This decision aligns with Telia’s strategy to focus on its … Read the full press release
Posted in Business, Entertainment, Management, Media, Sweden, Telecom
Tagged advertising-funded channels, connectivity business, customer satisfaction, debt reduction, EBITDA growth, enterprise value, financial outlook, Finland, Free cash flow, Market Abuse Regulation, MTV, MTV Katsomo, multi-year distribution partnership, Nordic media, Patrik Hofbauer, portfolio management, Q3 2025, regulatory approvals, Schibsted, Schibsted history, Schibsted Media, service revenue growth, Siv Juvik Tveitnes, streaming services, Sweden, Telia Company, TV & Media, TV4, TV4 Play
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