(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
Posted in Business, Construction, Infrastructure & Utilities, Management, News, Sweden
Tagged binding Business Purchase Agreement, BPA agreement, building, construction, divestment, highways maintenance, infrastructure, M Group Services, maintenance, rail maintenance, Skanska, streetlighting replacement
(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
Posted in Construction, Investment, News, Real Estate, Sweden
Tagged apartments, construction, divestment, retirement home, Skanska, SPP Fastigheter, Stockholm, sustainable, sustainable building, Sweden, Täby Park, Vardaga
(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
Posted in Food & Beverage, Investment, News, Retail, Switzerland, Transportation & Logistics, United Kingdom
Tagged air logistics, contract logistics, divestment, Dominique Nadelhofer, Dr. Detlef Trefzger, drinks logistics, food services, integrated logistics solutions, Kuehne + Nagel, Kuehne + Nagel-Group, logistics, road logistics, sea logistics, UK contract logistics portfolio, XPO Logistics
(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
Posted in Construction, Investment, News, Real Estate, Sweden
Tagged Arenastaden, construction, divestment, DWS, environmentally certified, Kalmar Energi, LEED Platinum, office building, Photovoltaic, renewable energy, Skanska, Skanska Commercial Development Nordic, solar energy, Solna, Solna United, Sweden
(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
Posted in Austria, Business, Chemicals, Construction, France, Investment, News, Sweden
Tagged construction, divestment, EPS, expanded polystyrene, Hirsch-BEWiSynbra, Saint-Gobain
(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
Posted in Business, Chemicals, Germany, Industrial, Metals and Minerals, News
Tagged BASF, BASF’s Performance Chemicals, divestiture, divestment, DuPont, DuPont Safety & Construction, fuel, inge GmbH, intellectual property, kaolin minerals, lubricant solutions, mining solutions, oilfield chemicals, plastic additives, shares, ultrafiltration membrane business
(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
Posted in Construction, Infrastructure & Utilities, Investment, News, Real Estate, Sweden
Tagged Beacon Capital Partners, commercial properties, construction, culinary market, divestment, events center, HOUSTON, LEED Platinum, meeting venues, Office property, open-air community hub, restaurant, Skanska, Skanska USA Commercial Development, Texas, The Assembly, the Bank of America Tower, USA
(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
(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
Posted in Business, Chemicals, Construction, France, Germany, Investment, News
Tagged acquisition, building materials, divestment, Saint-Gobain, Stark group
(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
Posted in Business, Financial, Insurance, Investment, Netherlands, News
Tagged acquisition, Aegon, Aegon Asset Management, Aegon Industrial Fund Management Company, Alex Wynaendts, critical illness, Dick Schiethart, divestment, insurance, Japan, life insurance, protection products, Sony Life, Sophie Dirkzwager-Kuijper, Transamerica Life Bermuda, variable annuity, whole life products
(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
Posted in Business, Germany, Internet & Online, Investment, Marketing, Media, News
Tagged acquisition, Christian Schmalzl, Conexus, divestment, Foodist, investment, Mobile Performance, Statista, Ströer
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
Posted in Business, Germany, Healthcare, Pharma & Biotech
Tagged acquisition, Belén Garijo, divestment, health, Marcus Kuhnert, Merck, P&G, Procter & Gamble, science
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
Posted in Finland, Investment, Retail
Tagged Citycon, divestment, Finland, Grocery, retail, Rovaniemi, Sampokeskus, shopping centre, Tom Lisiecki, Trevian AIFM
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
Posted in Business, Construction, Industrial, Russia, Sweden
Tagged divestment, OAO Salavatneftemash, RUSSIA, Ruukki Construction, Sami Eronen, SSAB
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
Posted in Energy, Gas & Oil, Investment, Spain
Tagged clean energy, divestment, ENCE, Iberdrola, solar thermal power, Spain
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
Posted in Energy, Gas & Oil, Investment, Netherlands
Tagged Andy Brown, divestment, Lee Hodder, Noreco, shares, Shell
COLOGNE, 11-Oct-2018 — /EuropaWire/ — Ströer successfully sold its Turkish out-of-home media business. The former co-shareholder Murat Ilbak acquired the 90% shareholding in Ströer Kentvizyon for a transaction value of around EUR 15m. The Turkish business has not been part of … Read the full press release
Posted in Business, Germany, Media
Tagged divestment, Media, Murat Ilbak, Ströer, Udo Müller
PARIS, 04-Oct-2018 — /EuropaWire/ — Sanofi has completed the previously announced divestment of its European generics business Zentiva to Advent International (Advent) effective September 30. The transaction was finalized ahead of schedule for €1,9 billion (enterprise value). Sanofi announced the beginning … Read the full press release
Posted in Business, France, Pharma & Biotech
Tagged Advent, divestment, generics, Sanofi, Zentiva
The HAGUE, 16-Aug-2018 — /EuropaWire/ — Aegon has agreed to sell its businesses in Czech Republic and Slovakia for EUR 155 million to NN Group. The transaction is consistent with Aegon’s strategic objective to optimize its portfolio and capital allocation … Read the full press release
Posted in Business, Czech Republic, Insurance, Investment, Netherlands, Slovakia
Tagged Aegon, Alex Wynaendts, divestment, NN Group, pension
US Polycarbonates sheets business sold to Plaskolite LEVERKUSEN, 10-Aug-2018 — /EuropaWire/ — Germany-based materials manufacturer Covestro yesterday successfully closed the sale of Covestro’s Polycarbonates (PCS) sheets business in Sheffield (US) to Plaskolite. Acrylics sheets manufacturer Plaskolite will continue operations at the … Read the full press release
Posted in Business, Chemicals, Industrial, Investment
Tagged acrylics_sheets, Covestro, divestment, PCS sheets, Plaskolite, Polycarbonates, Sheffield
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