(IN BRIEF) Volvo Construction Equipment has completed its acquisition of Swecon after receiving approval from the European Commission, taking over Swecon’s operations in Sweden, Germany, and the Baltic countries, including Entrack, in a deal valued at SEK 7 billion. The … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Retail, Sweden, Technology, Transportation & Logistics
Tagged acquisition, Aftermarket services, Baltics, construction equipment, enterprise value SEK 7 billion, Entrack, European Commission, European market expansion, Germany, inventory impact, retail operations, revenues SEK 10 billion, SEK 300 million, Swecon, Sweden, Volvo CE, Volvo Construction Equipment, Volvo Construction Equipment Expands Its European Footprint Through Completion of Swecon Acquisition Following EU Approval
(IN BRIEF) UniCredit has acquired 100% of Aion Bank and Vodeno for €376 million, marking a significant milestone in its Unlocked strategy to boost digital banking. This acquisition provides the bank with an advanced, cloud-based core banking platform that features … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, Government, Industrial, Investment, Italy, Management, News, Poland, Technology
Tagged Aion Bank, API connectivity, Banking-as-a-Service, CEO Andrea Orcel, CET1 ratio impact, cloud-based core banking platform, cost income ratio, digital banking transformation, European market expansion, INNOVATION, partnership, Polish market, ROAC, smart contract technology, technological expertise, UNICREDIT, Unlocked strategy, Vodeno, Western European expansion, €200 million investment, €376 million acquisition
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