SOLNA, 22-Mar-2018 — /EuropaWire/ — Fintur Holdings B.V. (Fintur), jointly owned by Telia Company and Turkcell, today completed the divestment of its holding in Geocell LLC, to the Georgian telecommunications company JSC Silknet. On 26 January, 2018, Telia Company and Turkcell … Read the full press release
Posted in Investment, Sweden, Technology, Telecom, Turkey
Tagged divestment, fixed network operator, Geocell LLC, JSC Silknet, TELECOM, Telia Company, Turkcell
Fornebu, Norway, 21-Mar-2018 — /EuropaWire/ — Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion (around NOK 27 bn) on an enterprise value basis. The Board of … Read the full press release
Posted in Bulgaria, Business, Hungary, Montenegro, Norway, Serbia, Technology, Telecom
Tagged acquisition, assets, CEE, divestment, Jørgen C. Arentz Rostrup, Ladislav Bartoníček, Mobile, PPF Group, Sigve Brekke, TELECOM, Telenor
PARIS, 23-Feb-2018 — /EuropaWire/ — Groupe BPCE announces the signature of an agreement providing for the divestment of 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad. The agreement concerns the divestment by BPCE International of Banque … Read the full press release
Stockholm, Sweden, 28-2-2014 — /EuropaWire/ — Vattenfall has decided to sell Vattenfall Europe PowerConsult GmbH, (VPC, a leading engineering and laboratory services company with overall 535 employees) to the Private Equity Investor Palero capital GmbH. The parties have agreed not to … Read the full press release
Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release
Posted in Business, Financial, Insurance, Investment, Netherlands
Tagged divestment, ING, ING Life Korea, MBK Partners, Raymond Vermeulen, South Korea
Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy, which is owned by a consortium of Finnish pension funds Keva (12.5%) and LocalTapiola Pension (7.5%) together with international … Read the full press release
Helsinki, Finland, 25-11-2013 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, announces that the European Commission and the Brazilian competition authority CADE have approved Perusa Group as the buyer for Ahlstrom’s pre-impregnated décor papers and abrasive paper backings businesses. … Read the full press release
Madrid, Spain, 7-11-2013 — /EuropaWire/ — The Banco de España has, through an accelerated bookbuilding competitive process, sold 4,460,913 shares in Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A. (BME), accounting for 5.335% of its capital stock, at a price … Read the full press release
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Posted in Banks, Business, Financial, Greece, Investment, Portugal
Tagged Banco Comercial Portugues, Barclays Bank PLC, BCP Investment B.V, BCP Transaction, divestment, PIRAEUS BANK, Piraeus Securities SA, S.A., shares, warrants
Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today the completion of the divestment of over 85% of its interest in Activision Blizzard. The Group has received cash proceeds totaling $8.2billion. This divestment represents a major step forward in the strategic review Vivendi … Read the full press release
Posted in Business, Entertainment, Financial, France, Investment, Media, Telecom
Tagged $8.2billion, Activision Blizzard, demerger, divestment, significant shareholder value, stake, Vivendi
Funds managed by CapMan have signed an agreement to sell Curato AS, a leading provider of medical imaging services in Norway, to Altor Fund III. 25-9-2013 — /EuropaWire/ — Curato provides medical imaging (radiology) services in Norway and its main customers … Read the full press release
Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx. KRW 1.84 trillion (EUR 1.24 billion) ING to hold an indirect stake of around 10% in ING Life Korea for … Read the full press release
23-7-2013 — /EuropaWire/ — Following a cross-shareholding agreement between Romande Energie Holding SA (hereinafter referred to as REH, securities number: HREN, ISIN: CH0025607331) and Holdigaz SA, REH yesterday exercised the remaining call option to repurchase its own shares. Alpiq will thus … Read the full press release
12-7-2013 — /europawire.eu/ — On 14 May 2012, DONG Energy announced considerations about its future involvement in the municipal utility company Stadtwerke Lübeck GmbH. DONG Energy has a 25.1 % stake. Whilst still subject to certain conditions including merger control clearance in Germany, … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Financial, Germany, Investment
Tagged acquisition, divested, divestment, Dong Energy, MERGER, Stadtwerke Lübeck GmbH, stak, utility
3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton. The sales price is approximately EUR 37 million. The divestment is in line with Fortum’s aim to strengthen its strategic … Read the full press release
Posted in Business, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Norway
Tagged acquisition, divestment, Fortum, fund, Infratek ASA, Triton, Triton funds
Brussels, 27-5-2013 — /europawire.eu/ — Following an in-depth investigation (see IP/12/1338), the European Commission has approved under the EU Merger Regulation the proposed merger of Munksjö AB of Sweden and the label and processing paper business of Ahlstrom Corporation of Finland in the … Read the full press release
Posted in Belgium, Business, European Union, Financial, Finland, Government, Industrial, Investment, Law, Sweden
Tagged abrasive paper, abrasive products, Ahlstrom, Ahlstrom Corporation, Brussels, deal, décor paper, divestment, European Economic Area, heavy weight abrasive paper backings, Joaquin Almunia, label business, MERGER, Munksjö, Munksjö Oyj, Osnabrück, paper business, pre-impregnated paper, processing paper
Brussels, 20-5-2013 — /europawire.eu/ — KBC takes note of the legal action started before the President of the Brussels Court of Commerce by four private customers of Blagosostoyanie against the Russian pension fund’s acquisition of Absolut Bank, KBC’s banking subsidiary in Russia. … Read the full press release
Posted in Banks, Belgium, Business, Financial, Investment, Law, Russia
Tagged Absolut Bank, Blagosostoyanie, court, divestment, KBC, legal action, pension fund
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