Tag Archives: divestment

Die Übernahme der Holcim-Geschäfte Ambuja Cement und ACC durch den indischen Konglomerat Adani Group in Indien ist jetzt abgeschlossen

Adani Group hat die vollständigen Beteiligungen von Holcim an Ambuja Cement und ACC erworben Holcim erhielt einen Barerlös von USD 6,4 Milliarden (PRESSEMITTEILUNG) ZUG, 16-Sep-2022 — /EuropaWire/ — Holcim (SWX: HOLN), einer der weltweit führenden Anbieter von Zement und Zuschlagstoffen, … Read the full press release

Indian conglomerate Adani Group’s acquisition of Holcim’s businesses, Ambuja Cement and ACC, in India now closed

Adani Group has acquired Holcim’s full stakes in Ambuja Cement and ACC Holcim received cash proceeds of USD 6.4 billion (PRESS RELEASE) ZUG, 16-Sep-2022 — /EuropaWire/ — Holcim (SWX: HOLN), one of the world’s leading suppliers of cement and aggregates, … Read the full press release

Stora Enso sells the first out of four paper production assets it plans to divests

(PRESS RELEASE) HELSINKI, 13-Sep-2022 — /EuropaWire/ — Stora Enso (HEL: STERV), a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper, has announced the sale of the first out of four paper production assets it plans to … Read the full press release

Allianz Group divests 50.1 percent of its Russian business to Interholding LLC, the owner of Russian P/C insurer Zetta Insurance

Agreement aimed at ensuring continuity for clients and employees Transaction subject to regulatory approval (PRESS RELEASE) MUNICH, 3-Jun-2022 — /EuropaWire/ — Allianz Group (ETR: ALV), one of the leading integrated financial services providers worldwide, has announced the divestment of its … Read the full press release

Le groupe Allianz cède 50,1 % de ses activités russes à Interholding LLC, propriétaire de l’assureur P/C russe Zetta Insurance

Accord visant à assurer la continuité pour les clients et les employés Transaction soumise à l’approbation réglementaire (COMMUNIQUÉ DE PRESSE) MUNICH, 3-Jun-2022 — /EuropaWire/ — Groupe Allianz (ETR : ALV), l’un des leaders intégrés fournisseurs de services financiers du monde entier, … Read the full press release

Saint-Gobain announced the sale of certain glass processing businesses as part of its business profile optimization strategy

(PRESS RELEASE) COURBEVOIE, France, 27-May-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), a French multinational producer of construction, high-performance, and other materials, has announced the sale of certain glass processing businesses in Germany and Austria. In Germany, the company has agreed … Read the full press release

Saint-Gobain gab den Verkauf bestimmter Glasverarbeitungsgeschäfte als Teil seiner Strategie zur Optimierung des Geschäftsprofils bekannt

(PRESSEMITTEILUNG) COURBEVOIE, France, 27-May-2022 — /EuropaWire/ — Saint-Gobain (EPA: SGO), ein französischer multinationaler Hersteller von Bau-, Hochleistungs- und andere Materialien, hat den Verkauf bestimmter Glasverarbeitungsunternehmen in Deutschland und Österreich bekannt gegeben. In Deutschland hat das Unternehmen dem Verkauf seiner Beteiligung … Read the full press release

Shell Neft LLC, Shell’s retail stations and lubricants business in Russia, now sold to PJSC LUKOIL

(PRESS RELEASE) LONDON, 25-May-2022 — /EuropaWire/ — Shell plc (AMS: RDSA), a Dutch-British multinational oil and gas company, has announced the completion of the sale of its retail stations and lubricants business in Russia, Shell Neft LLC, to PJSC LUKOIL, … Read the full press release

Alfa Laval no longer a shareholder in Neles Oyj, flow control solutions provider for process industries

(PRESS RELEASE) LUND, 14-Jan-2022 — /EuropaWire/ — Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, has announced the divestment of its remaining holdings in Neles Oyj (HEL: NELES), a Finnish flow control solutions provider for … Read the full press release

Skanska sells its Two Drydock office building in Boston, USA to a global investment firm for EUR 207 million

(PRESS RELEASE) STOCKHOLM, 14-Dec-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced the sale of its office building Two Drydock in Boston, USA to a global investment firm for EUR 207 million … Read the full press release

Danone divests its water and beverage business in Denmark

(PRESS RELEASE) PARIS, 16-Nov-2021 — /EuropaWire/ — Danone (EPA: BN), a world leading food company and a component of the CAC 40 stock market index, has announced the divestment of its water and beverage business in Denmark, Aqua d’Or. The … Read the full press release

Luleälven Fastigheter AB buys an office building in Kiruna, Sweden from Skanska in a deal worth SEK 260M (EUR 25M)

(PRESS RELEASE) STOCKHOLM, 30-Sep-2021 — /EuropaWire/ — Skanska (STO: SKA-B), a world leading project development and construction group, has announced the divestment of an office building in Kiruna, Sweden for about SEK 260M (EUR 25M). The buyer is Luleälven Fastigheter … Read the full press release

thyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers

Further milestone achieved in focusing the portfolio and realigning the group Stainless steel business will profit from new owner’s willingness to invest and attractive development prospects Parties agree not to disclose purchase price; closing expected within first half of 2022 … Read the full press release

Kuehne+Nagel successfully completed divestment of major part of its contract logistics business in the UK

UK transaction follows recent divestments in France, Argentina Continued commitment to scalable Contract Logistics solutions worldwide, especially in e-commerce and pharma (PRESS RELEASE) SCHINDELLEGI, 4-Jan-2021 — /EuropaWire/ — Global transport and logistics company Kuehne+Nagel announces that it has completed divestment … Read the full press release

Skanska sells its infrastructure services business in the UK to M Group Services for more than 55M EUR

(PRESS RELEASE) STOCKHOLM, 4-Dec-2020 — /EuropaWire/ — Multinational construction and development company Skanska announces that it has signed a binding Business Purchase Agreement (“BPA”) with M Group Services for the sale of its infrastructure services business in the UK for … Read the full press release

Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the new district of Täby Park in Stockholm, Sweden. The 80-apartment property was sold to SPP Fastigheter for more than 30M … Read the full press release

Kuehne + Nagel International AG divests significant non-core assets in the UK

Kuehne + Nagel International AG divests significant non-core assets in the UK

(PRESS RELEASE) SCHINDELLEGI, Switzerland, 9-Mar-2020 — /EuropaWire/ — Leading logistics group Kuehne + Nagel has announced it will divest a major part of its UK contract logistics portfolio. The NYSE listed transportation and logistics company XPO Logistics will take over … Read the full press release

Skanska sells Solna United office building to a fund managed by DWS for more than 300 million euros

(PRESS RELEASE) STOCKHOLM, 21-Feb-2020 — /EuropaWire/ — Skanska announces divestiture of an office building in Solna, Sweden for about SEK 3.3 billion (more than 300 million euros). Solna United, located next to Solna station in Arenastaden, was acquired by a … Read the full press release

Hirsch-BEWiSynbra consortium closes the acquisition of Saint-Gobain’s EPS business in France

(PRESS RELEASE) COURBEVOIE, France, 7-Jan-2020 — /EuropaWire/ — Saint-Gobain closes sale of its expanded polystyrene (EPS) business in France to the Austrian and Swedish consortium Hirsch-BEWiSynbra on December 31, 2019. In 2018, the EPS business in France generated sales of … Read the full press release

BASF closes sale transaction of its ultrafiltration membrane business to DuPont

(PRESS RELEASE) LUDWIGSHAFEN, Germany, 3-Jan-2020 — /EuropaWire/ — BASF completes the sale of its ultrafiltration membrane business to DuPont Safety & Construction (DuPont). The transaction includes the shares of inge GmbH, the business’ headquarters and production site in Greifenberg, Germany, … Read the full press release

Skanska sells 90% interest in the Bank of America Tower office property in Houston, Texas, USA for USD 373 M, about SEK 3.5 billion

(PRESS RELEASE) STOCKHOLM, 11-Dec-2019 — /EuropaWire/ — Skanska sells 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA to an affiliate of Beacon Capital Partners. The transaction amounts to USD 373 M, about SEK … Read the full press release

Deutsche Bank Portugal and ABANCA deal now completed

Deutsche Bank Portugal and ABANCA deal now completed

(PRESS RELEASE) FRANKFURT AM MAIN, 13-Jun-2019 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DE/NYSE: DB) announced it completed the sale of its Private & Commercial Business in Portugal to ABANCA Corporación Bancaria S.A. (ABANCA) on June 9, 2019. The deal was … Read the full press release

Saint-Gobain sells Saint-Gobain Building Distribution Deutschland (SGBDD) to the Stark group

(PRESS RELEASE) COURBEVOIE, France, 21-May-2019 — /EuropaWire/ — Saint-Gobain signs an agreement for the sale of its entire stake in Saint-Gobain Building Distribution Deutschland (SGBDD) following a competitive sale process. The buyer, the Stark group, is an important player in … Read the full press release

Aegon’s 50% stake in the variable annuity joint ventures in Japan sold to partner Sony Life for EUR 130 million

(PRESS RELEASE) THE HAGUE, 17-May-2019 — /EuropaWire/ — Aegon‘s partner in the variable annuity joint ventures in Japan Sony Life takes over its 50% stake. The transaction is for approximately EUR 130 million (JPY 16 billion). Commenting on the acquisition, … Read the full press release

Ströer announces increase in Statista shareholding

(PRESS RELEASE) COLOGNE, 9-May-2019 — /EuropaWire/ — Ströer continues to focus on its core business. After selling Foodist and Mobile Performance, Ströer sold its stake in the Nordic company Conexus, which it had acquired in 2015. Conexus is the third … Read the full press release

Merck completes the sale of its Consumer Health business to Procter & Gamble (P&G)

Closing of sale to Procter & Gamble at a cash purchase price of € 3.4 billion completed Successful completion allows Merck to further focus on innovation driven businesses in Healthcare, Life Science and Performance Materials Transaction successfully closed within an ambitious timeframe … Read the full press release

Citycon divested the shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM

ESPOO, 03-Dec-2018 — /EuropaWire/ — Citycon has sold shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM. The total purchase price amounts to approximately EUR 16 million, which is close to the asset’s latest IFRS fair value. … Read the full press release

SSAB completes divestment of Ruukki Construction’s business operations in Russia to the Russian company OAO Salavatneftemash

STOCKHOLM, 15-Nov-2018 — /EuropaWire/ — As communicated in July, SSAB has agreed to divest Ruukki Construction’s business operations in Russia (OOO Ruukki Rus) to the Russian company OAO Salavatneftemash. The transaction has received the approval of the Russian competition authorities and … Read the full press release

Iberdrola agrees to divest its solar thermal power asset in Spain to ENCE

The transaction is part of its €3 billion asset rotation plan to 2022 The company maintains its renewable energy strategy in the Spanish market, focused on wind, hydroelectric and solar photovoltaic technologies BILBAO, 19-Oct-2018 — /EuropaWire/ — Iberdrola has agreed to divest … Read the full press release

Royal Dutch Shell plc to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) for $1.9 billion to Norwegian Energy Company ASA (Noreco)

THE HAGUE, 18-Oct-2018 — /EuropaWire/ — Royal Dutch Shell plc (Shell), through its affiliate Shell Overseas Holdings Limited, has reached an agreement with publicly listed Norwegian Energy Company ASA (Noreco), to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. (SOGU) … Read the full press release