(IN BRIEF) BP p.l.c. has issued a Trading Statement outlining its current estimates and expectations for the first quarter of 2025, with insights into the economic environment and group performance. The statement clarifies that while it provides key guidance, it … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, United Kingdom
Tagged BP, bp p.l.c., bp RMM, Brent crude, customers & products, divestments, effective tax rate, EGYPT, financial reporting, gas & low carbon energy, Henry Hub, low carbon energy, Net debt, oil production, Q1 2025 guidance, Q1 results, refining margins, trading conditions, trading statement, Trinidad, upstream production, working capital
(IN BRIEF) Software GmbH has completed the sale of its Alfabet and Cumulocity businesses, following earlier divestments in July. This marks a strategic shift as the company refocuses on Adabas & Natural (A&N) and ARIS, now operating as standalone entities. … Read the full press release
Posted in Business, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged appointment, Christian Lucas, divestments, leadership, Martin Biegel, Martin Clemm, Robin Colman, Sanjay Brahmawar, Software GmbH, Toktam Khatibzadeh
(IN BRIEF) Wood has signed agreements to sell two non-core businesses, Ethos Energy Group Limited and CEC Controls Company Inc, as part of its strategy to simplify operations and focus on core capabilities. These sales are expected to generate approximately … Read the full press release
(IN BRIEF) Heidelberg Materials has entered into a definitive purchase agreement to acquire The SEFA Group, the largest fly ash recycling company in the United States. The SEFA Group supplies quality fly ash to more than 800 concrete plants in … Read the full press release
Posted in Business, Construction, Environment, Germany, Management, News
Tagged acquisitions, Chris Ward, decarbonization, divestments, Dr Dominik von Achten, fly ash, Heidelberg Materials, SEFA Group
(IN BRIEF) Stora Enso has announced changes to its segment reporting effective from January 1, 2023. The company has restated comparative figures for its segment reporting in 2021 and 2022, and the new reporting segments include Packaging Materials, Packaging Solutions, … Read the full press release
Posted in Business, Financial, Finland, Industrial, Management, News
Tagged Anjala, Biocomposites, biomaterials, circular solutions, divestments, forest, Formed Fiber, Langerbrugge, Maxau, packaging materials, packaging solutions, Paper division, reporting segments, segment reporting, Selfly Stores, Stora Enso, Wood Products
(PRESS RELEASE) DÜSSELDORF, 10-Jun-2021 — /EuropaWire/ — Henkel (ETR: HEN3), global Laundry & Home Care, Beauty Care and Adhesive Technologies leader, has announced the closing of the sale of Right Guard and Dry Idea brands to Thriving Brands LLC, effective … Read the full press release
(PRESS RELEASE) LONDON, 4-Mar-2021 — /EuropaWire/ — Aviva’s transformation to focus on its strongest businesses continues and thus announces its exit from Italy with the sale of its remaining Italian Life and General Insurance businesses (“Aviva Italy”) for €873m in … Read the full press release
Posted in Business, Insurance, Investment, Italy, Management, News, United Kingdom
Tagged Allianz, Amanda Blanc, Andrew Reid, Aviva, Aviva Italy, Aviva Vita, CNP Assurances, divestments, general insurance, insurance businesses, Jakub Rosochowski, life insurance, Sarah Swailes, Shareholding, UBI Banca
(PRESS RELEASE) BILBAO, 5-Nov-2020 — /EuropaWire/ — Iberdrola (BME: IBE), a Spanish multinational electric utility company, has announced a historical €75 billion investment plan to 2025 as a firm commitment to economic recovery. The pledge represents the largest investment programme … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, News, Spain, Technology
Tagged carbon emissions, carbon neutral, clean energy, CO2 emissions, COVID-19, cyber security, divestments, electrification, electrolyzer, energy transition, Environmental commitment, Fertiberia, GREEN HYDROGEN, Iberdrola, investments, Offshore wind, onshore wind, renewables
MUNICH, 11-Dec-2018 — /EuropaWire/ — Today (10 December 2018), Linde Intermediate Holding AG (“Linde Intermediate”) informed the Executive Board of Linde Aktiengesellschaft (“Linde AG”) of an increase of the cash compensation to be paid in the context of the envisaged … Read the full press release
Posted in Business, Germany, Investment, Management
Tagged divestments, Financial, investment, Linde, MERGER, squeezeout
London, UK, 21-1-2014 — /EuropaWire/ — Rio Tinto chief executive Sam Walsh said “These are excellent fourth quarter operational results, demonstrating continued delivery on our commitments. We have set new records for iron ore production and shipments as we ramp up … Read the full press release
Posted in Business, Financial, Industrial, Investment, Metals and Minerals, United Kingdom
Tagged aluminium, Bauxite, coal, copper, divestments, Hard coking coal, iron ore, Kennecott Utah Copper, non-core asset sales, Oyu Tolgoi, Pilbara, production records, Rio Tinto, Sam Walsh, Titanium dioxide feedstock, Turquoise Hill Resources
Brussels, Belgium, 26-11-2013 — /EuropaWire/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of Life Technologies Corp. by rival Thermo Fisher Scientific Inc., both US-based companies active in life science markets. Their activities overlap in the supply … Read the full press release
Posted in Business, European Union, Financial, Government, Healthcare, Investment, Law, Pharma & Biotech, Science
Tagged acquisition, Competition, divestments, EU Merger Regulation, European Economic Area, gene silencing products, Joaquin Almunia, laboratory instruments, Life Science, Life Technologies Corp., media and sera for cell culture, Mergers, polymer-based magnetic beads, The European Commission, Thermo Fisher Scientific Inc.
London, United Kingdom, 30-10-2013 — /EuropaWire/ — Rio Tinto has reached a binding agreement for the sale of its 50.1 per cent interest in the Clermont Joint Venture to GS Coal Pty Ltd, a company jointly owned by Glencore Xstrata and Sumitomo … Read the full press release
Posted in Business, Industrial, Investment, Metals and Minerals, United Kingdom
Tagged Bruce Tobin, Chris Lynch, Christopher Maitland, Clermont Joint Venture, Clermont Mine, David Luff, David Outhwaite, David Ovington, deal, divestments, Galina Rogova, Glencore Xstrata, Grant Donald, GS Coal Pty Ltd, Hail Creek Mine, Illtud Harri, J-Power Australia Pty Ltd, J.C.D. Australia Pty Ltd, Kestrel Mine, Mark Shannon, Mitsubishi Development Pty Ltd, Queensland, Rachel Storrs, Rio Tinto, Sumitomo Corporation
29-7-2013 — /EuropaWire/ — Six Month Report, January-June 2013 Highlights: Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6). Order bookings in Construction operations amounted to SEK 60.3 billion … Read the full press release
Posted in Business, Construction, Financial, Investment, Management, Sweden
Tagged divestments, financial assets, income, Johan Karlström, order backlog, revenue, Skanska, Skanska AB
Integrated regional sales up 8 percent at constant exchange rates Continuing momentum, growth across all regions High grower profitability supporting ongoing technology adoption Basel, Switzerland, 8-5-2013 — /europawire.eu/ — In the first quarter of 2013 integrated sales increased by 8 percent … Read the full press release
Posted in Agriculture, Business, Chemicals, Financial, Switzerland
Tagged 1Q 2013, 1Q 2013 sales, acquisitions, ACTARA, AXIAL, Basel, cereals, corn herbicide CALLISTO, corn herbicides, corn seeds, CRUISER, divestments, Garden, herbicides, Lawn, Mike Mack, SEGURIS, soybean seeds, sunflower, Syngenta, TOUCHDOWN, VIBRANCE seed care
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