Tag Archives: Financial

Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for EUR 352 million

BRUSSELS, PARIS, FRANKFURT, 14-Dec-2018 — /EuropaWire/ — Dexia and Helaba today announce that they have signed a sale and purchase agreement allowing Helaba to buy 100% of the shares in Dexia Kommunalbank Deutschland (DKD) for a total consideration of EUR 352 … Read the full press release

Aurubis AG will recommend a dividend of EUR 1.55 per share at the Annual General Meeting on February 28, 2019

Recommended dividend of € 1.55 per share is a 7 % increase compared to the previous year Aurubis achieves one of the best results in company history and fulfills its own forecast, which had been moved upward at the half-year … Read the full press release

Linde Intermediate Holding AG informed Linde Aktiengesellschaft of an increase of the cash compensation in the context of the envisaged cash merger squeeze-out

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

STMicroelectronics N.V. share buybacks: 71,383 ordinary shares repurchased at EUR 12.2865 price per share for total EUR 877,048

Disclosure of Transactions in Own Shares – Period from December 03, 2018 to December 07, 2018  AMSTERDAM, 11-Dec-2018 — /EuropaWire/ — STMicroelectronics N.V. (the “Company” or “STMicroelectronics”), a global semiconductor leader serving customers across the spectrum of electronics applications, announces full … Read the full press release

SIX: Swiss Federal Council adopts new “recognition regime” for foreign trading venues which trade Swiss shares

ZURICH, 03-Dec-2018 — /EuropaWire/ — Based on the new “ recognition regime”, FINMA will only grant recognition if the jurisdiction, in which the foreign trading venue is located, permits investment firms in that jurisdiction to trade in Swiss shares in Switzerland … Read the full press release

Chris Williams to lead LBBW’s Project Finance segment in Great Britain

Chris Williams heads up project finance business in Great Britain and Ireland STUTTGART, 23-Nov-2018 — /EuropaWire/ — Chris Williams has taken over the management of LBBW’s Project Finance segment in Great Britain. The 48-year-old comes from the Bank of Ireland, where … Read the full press release

LBBW: Jens Heil to lead Project Finance in the DACH region and other European countries

Jens Heil to head business in the DACH region and other European countries STUTTGART, 23-Nov-2018 — /EuropaWire/ — LBBW accelerates the expansion of its Project Finance business area by filling a key management position in this context. Jens Heil is … Read the full press release

Intesa Sanpaolo Securitisation Vehicle S.r.l. merged into Intesa Sanpaolo S.p.A.

TURIN/ MILAN, 23-Nov-2018 — /EuropaWire/ — Notice is hereby given that the minutes of the Board of Directors’ meeting, held on 20 November 2018, were made available on 23 November 2018 at the Company’s Registered Office, as well as on the … Read the full press release

NWO will no longer use its own funds to enter into new financial obligations for joint calls via ERA-NETs and JPIs

THE HAGUE, 16-Oct-2018 — /EuropaWire/ — NWO will no longer use its own funds to enter into new financial obligations for joint calls via ERA-NETs and JPIs. The main reason for this is that NWO focusses on new forms of international … Read the full press release

KfW IPEX-Bank finances Norwegian dairy cooperative TINE SA’s new plant in Ireland

FRANKFURT AM MAIN, 10-Oct-2018 — /EuropaWire/ — KfW IPEX-Bank is financing the construction of a new plant in Ireland for the Norwegian dairy cooperative TINE SA. The new production plant is to be built in cooperation with the Irish company … Read the full press release

Barclays launches new digital platform to boost its Corporate Banking operations in Western Europe

European footprint improved through increased investment Digital Corporate Banking platform developed to support multi-country banking More complete range of services available to institutional clients and global corporates Enhanced offering boosted by new hires in Europe LONDON, 26-Sep-2018 — /EuropaWire/ — Barclays … Read the full press release

EDF successfully raised U.S.$3.75 billion through 3 senior bonds to further strengthen its balance sheet and refinance upcoming maturities

$3.75 billion senior bond issue in 3 tranches with maturity ranging from 10 to 30 years Return of EDF to the USD 144A/RegS bond market LONDON, 20-Sep-2018 — /EuropaWire/ — On September 19, 2018, EDF (A- S&P / A3 Moody’s … Read the full press release

Deutsche Bank marks its 40th anniversary in South Korea and Thailand

FRANKFURT, 06-Sep-2018 — /EuropaWire/ — At the beginning of September 1978, Deutsche Bank’s representation in East Asia was expanded considerably with the opening of branches in the South Korean capital Seoul and Thailand’s capital Bangkok. However, the branches operated under the … Read the full press release

SGS: Egyptian company Auto-Group conforms to MSI 20000 standards

After a long process of evaluation and verification, strictly evaluated on the basis of the specifications of the MSI 20000 regulation, SGS has announced that the Egyptian company Auto-Group conforms to MSI 20000 standards. GENEVA, 29-Jun-2018 — /EuropaWire/ — The official … Read the full press release

Digi Communications NV Announces that Conditional stock options were granted to several Directors of the Company based on the general shareholders’ meeting approval from 2 May 2018

BUCHAREST, Romania, 18-May-2018 — /EuropaWire/ — The Company would like to inform the market and its investors that, on 18 May 2018, Mr. Serghei Bulgac (Chief Executive Officer and Executive Director of the Company), Mr. Valentin Popoviciu (Executive Director of … Read the full press release

Paul de Leusse appointed Deputy CEO for mobile financial services on the Orange Executive Committee

PARIS, 10-May-2018 — /EuropaWire/ — Paul de Leusse has been appointed Deputy CEO for mobile financial services on the Orange Executive Committee. With his extensive experience in the banking and financial sector, he will be responsible for mobile financial services, … Read the full press release

Russia’s largest banking and financial services company Sberbank deployed SAP SuccessFactors solutions to manage its workforce of 230,000 employees

WALLDORF, 04-May-2018 — /EuropaWire/ — SAP SE (NYSE: SAP) today announced that Sberbank, Russia’s largest banking and financial services company, has deployed SAP SuccessFactors solutions to manage its workforce of 230,000 employees, marking the largest completed cloud project in Russia. Sberbank plans … Read the full press release

Koninklijke Philips N.V.: successful pricing of EUR 500 million fixed rate notes due 2024 and EUR 500 million fixed rate notes due 2028

AMSTERDAM, 26-Apr-2018 — /EuropaWire/ — Koninklijke Philips N.V. (“Royal Philips”) (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced the successful pricing of its issue of EUR 500 million fixed rate notes due 2024 and EUR 500 million … Read the full press release

Siemens Gamesa AGM: shareholders approve FY 2017 financials; ratified the company’s management since the merger

Tacke underscored the company’s commitment to Spain and, specifically, the Basque region, home to Siemens Gamesa’s headquarters  “The rationale of our merger brings us a great competitive advantage, unlocking our size and scale; our unmatched business and geographic diversification; our … Read the full press release

SIX: Operating income up 5.8% to CHF 1,944.6 million in FY 2017

ZURICH, 21-Mar-2018 — /EuropaWire/ — SIX can again look back on a successful year with strong revenue growth, in which it achieved a solid annual result in a challenging environment. Through strategic investments and acquisitions, primarily to strengthen its market position … Read the full press release

Nordic and Baltic countries sign Memorandum of Understanding (MoU) on cooperation and coordination on cross-border financial stability

OSLO, 12-Feb-2018 — /EuropaWire/ — The heads of relevant ministries, central banks, financial supervisory authorities and resolution authorities in the Nordic and Baltic countries, have signed a Memorandum of Understanding (MoU) on cooperation and coordination on cross-border financial stability. The Nordic … Read the full press release

Inflexion Private Equity: Ocorian to acquire ABAX Holding Limited based in Mauritius

LONDON, 12-Feb-2018 — /EuropaWire/ — Inflexion Private Equity is pleased to announce that its portfolio company Ocorian, a leading global financial services firm, has entered into an agreement to acquire ABAX Holding Limited (“ABAX”), an integrated advisory, corporate and business services provider … Read the full press release

Diebold Nixdorf to lead the financial and retail industries in a highly interconnected, changing world

Leading global innovators come together to drive connected commerce — bridging physical and digital touchpoints in banking and retail environments NORTH CANTON, Ohio, USA and PADERBORN, Germany, 17-Aug-2016 — /EuropaWire/ — Diebold Nixdorf begins a new era today – leading the … Read the full press release

The European Investment Bank to finance Hungary’s railway infrastructure rehabilitation and upgrade with EUR 250 million

Luxembourg / Budapest, Hungary, 9-1-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 250 million to finance the implementation ofHungary’s railway infrastructure rehabilitation and upgrading investment programme for the period2013-2016. The objective is to improve the safety, capacity and performance of the existingconventional railway infrastructure with positive impacts on commuters and … Read the full press release

Sika announced it now owns 100% of Dyflex HD Co Japan

Baar, Switzerland, 7-1-2014 — /EuropaWire/ — Sika has acquired the remaining 24.5% of Dyflex HD Co., Ltd. as of January 7, 2014 and achieves 100% ownership. The complete takeover further strengthens Sika’s position in the Japanese construction market. Sika has been … Read the full press release

The EY Eurozone Financial Services Forecast (EEFSF): business lending expected to drop by €211b in 2014

London, UK, 7-1-2014 — /EuropaWire/ — This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that … Read the full press release

Natixis Asset Management annonce la création de la société de gestion Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — Pour accélérer le développement de son pôle d’expertise en investissement responsable, Natixis Asset Management annonce la création de la société de gestion Mirova¹. Mirova a pour ambition de devenir, dans les cinq prochaines années, un des leaders de l’Investissement … Read the full press release

Natixis Asset Management to establish new management company named Mirova

Paris, France, 7-1-2014 — /EuropaWire/ — In order to accelerate the development of its responsible investment activities, Natixis Asset Management announces the creation of the management company Mirova¹. It is Mirova’s ambition to become an international leader in Responsible Investment within the next five years. … Read the full press release

Bankinter CEO María Dolores Dancausa named best Ibex CEO in 2013 by Forbes Magazine

Creation of shareholder value, ability to raise funds on the markets and diversification of activities were among the main criteria. Madrid, Spain, 7-1-2014 — /EuropaWire/ — The chief executive of Bankinter, María Dolores Dancausa, has been selected by Forbes Magazine as the … Read the full press release

Bankinter ended 2013 as the most profitable banking stock in the Euro Stoxx 600

Ends the year as the most profitable bank in the Euro Stoxx 600 and the second best performing stock in the Ibex 35, with a gain of nearly 150%. The Bank’s market capitalisation is up from €1.77 billion at the … Read the full press release