divestment

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…

4 years ago

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…

4 years ago

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…

4 years ago

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…

4 years ago

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…

4 years ago

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…

5 years ago

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…

5 years ago

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…

5 years ago

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…

5 years ago

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…

5 years ago

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.…

5 years ago

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…

6 years ago

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…

6 years ago

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…

6 years ago

Ströer announces strategic sale of its Turkish out-of-home media business to Turkish co-shareholder

COLOGNE, 11-Oct-2018 — /EuropaWire/ — Ströer successfully sold its Turkish out-of-home media business. The former co-shareholder Murat Ilbak acquired the 90%…

6 years ago

Sanofi completes the divestment of its European generics business Zentiva to Advent

PARIS, 04-Oct-2018 — /EuropaWire/ — Sanofi has completed the previously announced divestment of its European generics business Zentiva to Advent International…

6 years ago

Aegon to sell its businesses in Czech Republic and Slovakia to NN Group for EUR 155 million

The HAGUE, 16-Aug-2018 — /EuropaWire/ — Aegon has agreed to sell its businesses in Czech Republic and Slovakia for EUR…

6 years ago

Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) sold to Plaskolite

US Polycarbonates sheets business sold to Plaskolite LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Germany-based materials manufacturer Covestro yesterday successfully closed the sale…

6 years ago

Saint-Gobain sold its façade installing and glass replacing activities in the United Kingdom to an affiliate of CoBe Capital

Courbevoie, France, 02-Aug-2018 — /EuropaWire/ — Following a strategic review of its British glass business, Saint-Gobain has sold, effective August 1st…

6 years ago

Funds advised by Triton to acquire the business unit SKF Motion Technologies from SKF Group

STOCKHOLM/ GOTHENBURG, 01-Aug-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement of its intention to acquire the…

6 years ago

Volvo Group completes divestment of Chinese subsidiary holding shares in Inner Mongolia North Hauler Joint Stock for approximately SEK 1.0 billion

GOTHENBURG, 14-May-2018 — /EuropaWire/ — Volvo Group has now completed the previously announced divestment of a Chinese subsidiary holding shares in…

6 years ago

Salini Impregilo appointed Goldman Sachs to assess strategic options for the Plants and Paving business unit of Lane

MILAN, 04-May-2018 — /EuropaWire/ — In the context of consolidating its growth strategy in the US large infrastructure business sector,…

6 years ago

Telia Company, Turkcell divest 100 percent of their holding in Geocell LLC to Georgia’s largest fixed network operator

SOLNA, 22-Mar-2018 — /EuropaWire/ — Fintur Holdings B.V. (Fintur), jointly owned by Telia Company and Turkcell, today completed the divestment of…

6 years ago

Telenor sells its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion

Fornebu, Norway, 21-Mar-2018 — /EuropaWire/ — Telenor has entered into an agreement to sell its assets in Central and Eastern Europe…

6 years ago

Groupe BPCE to divest 100% of Banque des Mascareignes to Groupe Banque Centrale Populaire and Groupe Sipromad

PARIS, 23-Feb-2018 — /EuropaWire/ — Groupe BPCE announces the signature of an agreement providing for the divestment of 100% of Banque…

6 years ago

Vattenfall to sell Vattenfall Europe PowerConsult GmbH to the Private Equity Investor Palero capital GmbH

Stockholm, Sweden, 28-2-2014 — /EuropaWire/ — Vattenfall has decided to sell Vattenfall Europe PowerConsult GmbH, (VPC, a leading engineering and laboratory…

10 years ago

ING completed the divestment of ING Life Korea to MBK Partners

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK…

10 years ago

Fortum agreed to sell its electricity distribution business in Finland to Suomi Power Networks Oy for EUR 2.55 billion

Helsinki, Finland, 13-12-2013 — /EuropaWire/ — Fortum has agreed to sell its electricity distribution business in Finland to Suomi Power Networks…

10 years ago

Ahlstrom received clearance from European Commission and Brazilian competition authority CADE for its divestment deal with Perusa Group

Helsinki, Finland, 25-11-2013 — /EuropaWire/ — Ahlstrom, a global high performance fiber-based materials company, announces that the European Commission and the Brazilian…

10 years ago

The Banco de España divested its holding in Bolsas y Mercados Españoles, Sociedad Holding de Mercados y Sistemas Financieros, S.A.

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…

11 years ago

Banco Comercial Portugues, S.A.’s subsidiary BCP Investment B.V. divested its holding in Piraeus Bank

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS,…

11 years ago

Vivendi divested 85% interest in Activision Blizzard for $8.2 billion in cash

Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today the completion of the divestment of over 85% of its interest in Activision…

11 years ago

CapMan announced it sold medical imaging services company Curato AS to Altor Fund III

Funds managed by CapMan have signed an agreement to sell Curato AS, a leading provider of medical imaging services in…

11 years ago

ING sold its wholly owned life insurance business in South Korea “ING Life Korea” to Korea’s largest private equity firm MBK Partners for € 1.24B

Sale is next major step in divestment of Asian insurance/investment management units ING to receive total cash proceeds of approx.…

11 years ago

Alpiq announced it divested its shareholding in Romande Energie Holding SA

23-7-2013 — /EuropaWire/ — Following a cross-shareholding agreement between Romande Energie Holding SA (hereinafter referred to as REH, securities number: HREN,…

11 years ago

DONG Energy announced it divested ownership interest in municipal utility company Stadtwerke Lübeck GmbH

12-7-2013 — /europawire.eu/ — On 14 May 2012, DONG Energy announced considerations about its future involvement in the municipal utility company Stadtwerke…

11 years ago

Fortum agreed to sell its 33% holding in Norwegian Infratek ASA for EUR 37M to fund advised by Triton

3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton.…

11 years ago

EC approves Munksjö AB / Ahlstrom Corporation merger

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…

11 years ago

KBC reacts to legal action against Blagosostoyanie’s acquisition of Absolut Bank, KBC’s banking subsidiary in Russia

Brussels, 20-5-2013 — /europawire.eu/ — KBC takes note of the legal action started before the President of the Brussels Court of Commerce…

11 years ago