Tag Archives: debt reduction

Gerresheimer closes Centor divestment and applies proceeds toward debt reduction

Pharmaceutical packaging containers and bottles displayed against a light blue background.

The Centor transaction is part of a combined approximately EUR 1.5 billion sale agreed with Apax Funds, while closing of the Primary Packaging Plastics business remains expected in the first half of 2027. IN BRIEFKEY TAKEAWAYSFAQs Gerresheimer has completed the … Read the full press release →

Anglo American agrees sale of Australian steelmaking coal business to Dhilmar Limited

(IN BRIEF) Anglo American has agreed to sell its Australian steelmaking coal business to Dhilmar Limited in a deal worth up to US$3.875 billion. The transaction includes an upfront payment of US$2.3 billion and a potential US$1.575 billion earnout tied … Read the full press release →

Energy Specialist Peter-Wim Gerssen Named Alpiq CFO Ahead of 2025 Transition

(IN BRIEF) Alpiq’s Board has confirmed Peter-Wim Gerssen, a Dutch business economist and former CEO/CFO of Shell Asset Management Company, as its new CFO. Gerssen’s appointment follows Antje Kanngiesser’s praise for his expertise in financial transformation and M&A, and succeeds … Read the full press release →

Dürr AG Sells Environmental Technology Arm to Stellex, Boosts Automation Focus

(IN BRIEF) Dürr AG has agreed to sell its environmental technology business, Clean Technology Systems Environmental, to a Stellex Capital affiliate for an enterprise value of about €385 million, with net proceeds of roughly €250 million earmarked for debt reduction … Read the full press release →

BayWa Agrees to Sell Cefetra to First Dutch, Cutting Over €650 Million of Bank Debt

(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 →

K+S Supervisory Board Unveils Leadership Shake-Up as Dr. Kreimeyer Steps Down

(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 →

Telia Sells TV & Media Business to Schibsted for SEK 6.55 Billion to Focus on Core Connectivity Operations

(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 →