Investment will support development of the PD-1/VEGF bispecific with sonesitatug vedotin and other AstraZeneca cancer medicines, including additional ADCs IN BRIEFKEY TAKEAWAYSFAQs AstraZeneca has completed its $2 billion equity investment in Summit Therapeutics, with the funding intended to accelerate development … Read the full press release
Posted in Healthcare, Investment, Pharma & Biotech, Science, United Kingdom
Tagged $2 billion investment, ADCs, antibody-drug conjugates, AstraZeneca, AstraZeneca and Summit advance ivonescimab combination programme following completion of $2 billion investment, AstraZeneca closes $2 billion Summit Therapeutics equity investment for ivonescimab ADC combinations, AstraZeneca completes Summit investment as companies progress ivonescimab clinical collaborations, AstraZeneca finalises $2 billion Summit Therapeutics investment to accelerate ivonescimab combination development, AstraZeneca PLC, breast cancer, Cambridge, cancer medicines, clinical collaboration, Completed AstraZeneca investment supports expanded ivonescimab combinations with cancer medicines, Daiichi Sankyo, datopotamab deruxtecan, Datroway, equity investment, ivonescimab, lung cancer, oncology, PD-1, Sone-Ve, sonesitatug vedotin, Summit Therapeutics, United Kingdom, VEGF
(IN BRIEF) Agfa-Gevaert NV has announced that Siris Capital Group has agreed to acquire the 19.1% stake in the company currently held by Active Ownership, with financial terms remaining undisclosed. The transaction is conditional on completion of the previously announced … Read the full press release
Posted in Belgium, Business, Electronics & Machinery, Financial, Investment, Technology
Tagged 19.1% stake, active ownership, Agfa, Agfa Digital Printing Solutions, Agfa DPS, Agfa-Gevaert, Agfa-Gevaert Deepens Relationship with Siris Through Planned Acquisition of 19.1% Equity Stake, Agfa-Gevaert NV, Agfa-Gevaert Says Siris Capital Will Acquire Active Ownership’s 19.1% Shareholding, Agfa-Gevaert Set for New 19.1% Shareholder as Siris Agrees to Acquire Active Ownership Stake, Belgium, closing conditions, Co-Founder and Managing Partner, corporate transformation, Digital printing, EFI, Electronics for Imaging, equity investment, Frank Baker, growth businesses, inside information, investment agreement, Mortsel, nearly 160 years of history, Regulated Information, regulatory approvals, shareholder, Shareholding, Siris, Siris Capital Group, Siris portfolio company, strategic investment, strategic partnership, technical expertise, transaction
(IN BRIEF) The European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) have committed €30 million, approximately PLN 129 million, to a new venture capital fund managed by Inovo.vc, marking the fourth investment under the Future Tech Poland programme and … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Defence, European Union, Financial, Investment, Luxembourg, Poland, Security & Safety, Small Business, Technology
Tagged 000 SMEs, 11 unicorns, 119, 14 venture capital mega-funds, 40 percent allocation target, 70 supported teams, anchor investor, artificial intelligence, Bank Gospodarstwa Krajowego, BGK, BGK and EIF Support Early-Stage Technology Companies Through New Inovo.vc Fund, Central and Eastern Europe, Cybersecurity, defence technologies, early-stage technology companies, EIF, equity investment, European Investment Bank Group, European Investment Fund, European Tech Champions Initiative, fintech, FTP, fund-of-funds, Future Tech Poland, Future Tech Poland Allocations Reach PLN 580 Million With New Inovo.vc Fund Investment, high-growth businesses, Innovate Poland, innovation economy, innovative companies, Inovo.vc, Inovo.vc Receives €30 Million Commitment Under Future Tech Poland Programme, institutional capital, Jarosław Dąbrowski, Marjut Falkstedt, PGFF, PLN 1 billion BGK allocation, PLN 129 million, PLN 500 million co-investment, PLN 580 million allocated, Poland, Polish Growth Fund of Funds, Polish VC ecosystem, private investment, small and medium-sized businesses, SMEs, startup financing, Stockholm, Sweden, Technology Startups, Three Seas Initiative Innovation Fund, Tomasz Swieboda, venture capital, venture capital fund, €25.8 billion leveraged support, €30 million investment, €8 billion invested in Poland
(IN BRIEF) The European Investment Bank Group, EU27 governments and major private institutional investors have launched ETCI 2.0, the second phase of the European Tech Champions Initiative. The new phase aims to mobilise up to €80 billion for more than … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Investment, Luxembourg, Small Business, Technology
Tagged AltamarCAM, Azimut Holding, Banco Santander, BBVA, Compagnia di San Paolo, Danske Bank, ECOFIN, EIB Group, equity investment, ETCI 2.0, ETCI 2.0 Aims to Close Europe’s Scaleup Financing Gap and Support Future Tech Leaders, ETCI 2.0 to Strengthen European Capital Markets and Keep High-Growth Tech Companies Anchored in Europe, EU27 governments, Europe Expands Tech Champions Initiative With New €80 Billion Investment Alliance, European competitiveness, European Investment Bank, European startups, European Tech Champions Initiative, European Union, Green Arrow Capital, growth capital, INNOVATION, institutional investors, Kyriakos Pierrakakis, mega-funds, mid-sized growth funds, Nadia Calviño, pan-European investment platform, private capital, productivity growth, savings and investment union, Scaleup Europe Fund, Simon Harris, strategic autonomy, tech champions, technology scaleups, Tibi initiative, unicorns, venture capital, WIN initiative
(IN BRIEF) The European Bank for Reconstruction and Development is providing a new portfolio risk-sharing facility of up to €25 million to maib, Moldova’s largest bank, to support expanded lending to micro, small and medium-sized enterprises. The unfunded guarantee is … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Moldova, Small Business, Technology, United Kingdom
Tagged access to finance, Arvid Tuerkner, banking sector resilience, capital relief, Chişinău, credit lines, credit risk, EBRD, EBRD and EU-Backed Facility to Unlock Up to €50 Million in New Financing for Moldovan Small Businesses, EBRD and maib Build on 2024 Pilot to Expand Lending for Women Youth and Regional Businesses in Moldova, EBRD Expands Risk-Sharing Partnership with maib to Strengthen MSME Access to Finance Across Moldova, EBRD Provides Up to €25 Million Portfolio Risk-Sharing Facility to Help maib Expand MSME Lending in Moldova, EBRD Strategy for Moldova 2023-2028, economic activity, EFSD+, Entrepreneurship, equity investment, EU-Moldova Investment Conference, European Bank for Reconstruction and Development, European Fund for Sustainable Development Plus, European Union, financial inclusion, financial sector strategy, first-loss risk coverage, Lending Capacity, maib, micro small and medium-sized enterprises, MOLDOVA, Moldova financial sector, Moldovan businesses, MSME lending, portfolio risk-sharing facility, private sector growth, PRS facility, regional enterprises, regulatory capital, risk-sharing, sustainable investment, trade finance, unfunded guarantee, Vanora Bennett, women-led businesses, youth-led businesses
(IN BRIEF) The EBRD has approved an equity investment of up to €50 million in SEE Bakery International, the parent company of Mlinar, to support the bakery group’s expansion and operational upgrades across Croatia and the wider CSEE region. Delivered … Read the full press release
Posted in Agriculture, Banks, Croatia, Financial, Food & Beverage, Industrial, Investment, Technology, United Kingdom
Tagged bakery industry, BOSQAR, Central Southern and Eastern Europe, CROATIA, CSEE region, EBRD, EBRD investment of up to €50 million positions Mlinar for accelerated regional growth, energy efficiency, equity investment, European Bank for Reconstruction and Development, female migrant workers, food and agribusiness, inclusive employment, mergers and acquisitions, MidEuropa, Mlinar advances regional ambitions with significant equity support from the EBRD, Mlinar attracts major EBRD equity backing to support expansion and modernisation plans, Mlinar Pekarska Industrija, Production Upgrades, regional expansion, SEE Bakery International, Strategic EBRD funding supports Mlinar’s expansion sustainability and production upgrades
(IN BRIEF) Vienna Insurance Group is strengthening its Ukrainian operations as the International Finance Corporation prepares to acquire around 20% of VIG’s non-life insurers USG and Kniazha through a capital increase. The partnership aims to expand product offerings, boost digitalisation … Read the full press release
Posted in Austria, Business, Economy, Financial, Government, Industrial, Insurance, Investment, News, Ukraine
Tagged 11% market share, 20% stake, Aon, Bulgaria pension fund Doverie, digitalisation strategy, equity investment, EUR 128 million premiums, Harald Riener, IFC, IFC Takes Stake in VIG Companies to Support Insurance Growth and Reconstruction in Ukraine, insurance market, Kniazha, Kniazha Life, Lloyd’s, Peter Höfinger, reconstruction, transport logistics energy agriculture housing health, UKRAINE, USG, Vienna Insurance Group, VIG, Vittorio Di Bello, World Bank Group
(IN BRIEF) The EBRD has invested €20 million in the newly launched Spire Capital Partners Fund I, helping the Polish-based fund reach its €90 million target and focus on tech-enabled SMEs in Poland and central and eastern Europe. The fund … Read the full press release
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Poland, Small Business, Transportation & Logistics
Tagged Alternative Financing, Andreea Moraru, Anne Fossemalle, Arkadiusz Podziewski, Central and Eastern Europe, E-Commerce, EBRD, equity investment, European Bank for Reconstruction and Development, Poland, private equity, private equity ecosystem, SME financing, SMEs, software, Spire Capital Partners, Spire Capital Partners Fund I, technology-enabled services
(IN BRIEF) The European Investment Bank and CAF Development Bank of Latin America and the Caribbean signed a memorandum of understanding in Seville, pledging to deepen their cooperation on high-impact projects across Latin America and the Caribbean. Formalized by EIB … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, News, Technology
Tagged advisory services, biodiversity preservation, CAF Development Bank of Latin America and the Caribbean, CELAC finance ministers, CELAC-EU summit, Climate Action, climate resilience, environmental sustainability, equity investment, European Investment Bank, Financing for Development Conference, Global Gateway strategy, green economies, joint financing, knowledge transfer, LACIF, Latin America and Caribbean Investment Facility, loan guarantees, Memorandum of Understanding, Nadia Calviño, partnership, Santa Marta, Sergio Díaz-Granados, sustainability
(IN BRIEF) KKR has increased its stake in Enilive by purchasing an additional 5% of the company’s share capital, with a €587.5 million investment. This move aligns with KKR’s previously announced commitment and underscores the market’s confidence in Enilive’s business … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Technology, Transportation & Logistics
Tagged capital markets, decarbonization, energy transition, Eni, Enilive, equity investment, Francesco Gattei, investment, KKR, KKR investment, net zero, partnership, pension funds, regulatory approval, sustainability, sustainable business, sustainable mobility
(PRESS RELEASE) CLERMONT-FERRAND, France, 1-Dec-2022 — /EuropaWire/ — Michelin (EPA: ML), a French multinational tire and mobility leader and the 2nd largest tyre manufacturer in the world, has announced that its new startup Watèa, a tailor-made electric mobility solution for … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, France, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged CRÉDIT AGRICOLE GROUP, Crédit Agricole Leasing & Factoring, electric mobility, equity investment, factoring, financing, lease-purchasing, Lorraine Frega, Michelin, mobility, renewable energies, share capital, Stéphane Priami, tire, Watèa by Michelin
Flylogix leverages unmanned drones to measure methane offshore Investment will spur crossover into renewables industry and entry to new geographies Technology plays critical role in helping bp to reduce its operational methane emissions (PRESS RELEASE) LONDON, 22-Mar-2022 — /EuropaWire/ — bp (LON: … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, News, Technology, Transportation & Logistics, United Kingdom
Tagged Amati Global Investors, artificial-intelligence, biodiversity, BP Ventures, Charles Tavner, David Hayes, Drones, equity investment, Flylogix, investment, methane, methane detection, methane sensor technology, offshore sites, renewable energy, satellite communications, SeekOps, UAV, unmanned aerial vehicle, wind turbine blade inspections
Brussels, 16-5-2013 — /europawire.eu/ — The European Commission approved today a €12.5 million equity investment by the Italian public investor Istituto Sviluppo Agroalimentare (ISA) in the share capital of the company NewCo, controlled by the Ferrarini Group. The Commission concluded that … Read the full press release
We are supporting research and development into innovative drug treatments in Hungary 7-5-2013 — /europawire.eu/ — For well over 100 years, Hungarian pharmaceutical company Gedeon Richter has been working to improve their clients’ health and quality of life. It has stepped … Read the full press release
Posted in Banks, Business, European Union, Financial, Government, Healthcare, Hungary, Investment, Pharma & Biotech, Science
Tagged Anton Rop, biosimilars, biotechnology, EIB, equity investment, Gedeon Richter, guarantees, immunology, INNOVATION, loans, pharmaceutical company, R&D operation, Risk Sharing Finance Facility, treat cancer, Zsolt Szombathelyi
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