(IN BRIEF) Mutares SE & Co. KGaA has finalized the acquisition of Greer Steel Company, a U.S. specialist in cold rolled strip steel, as part of its strategy to expand the Engineering & Technology segment and strengthen its footprint in … Read the full press release
Posted in Business, Germany, Industrial, Investment, Management, Metals and Minerals, News, Technology, Transportation & Logistics
Tagged automotive industry, cold rolled strip steel, cross selling opportunities, Dover Ohio, Engineering and Technology segment, ERP carve out, Greer Industries, Greer Steel Company, inventory optimization, Johannes Laumann, Mutares Advances Growth Strategy Through Acquisition of Greer Steel Company in the United States, Mutares SE & Co. KGaA, North America expansion, operational transformation, platform acquisition, steel processing
(IN BRIEF) BayWa AG has secured approval for its restructuring plan under the German StaRUG framework. The plan includes extending financing until 2028 and a capital increase of up to EUR 201.6 million. Despite not meeting the quorum for shareholders, … Read the full press release
Posted in Agriculture, Business, Financial, Germany, Industrial, Investment, Management, News
Tagged BayWa AG, capital increase, CEO Dr. Frank Hiller, CRO Michael Baur, Financial Creditors, Financial Stability, financing extension, German Act on the Stabilization and Restructuring Framework, liquidity, Munich Local Court, operational transformation, restructuring, shareholders, StaRUG, subsidiaries unaffected
(IN BRIEF) BayWa AG has reached an agreement with over 95% of its financial creditors on a long-term restructuring and financing plan, which will extend until 2027. However, a few dissenting creditors led BayWa to initiate restructuring proceedings under the … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Financial, Germany, Industrial, Investment, Management, News, Technology
Tagged Annual General Meeting, BayWa AG, capital increase, cro, debt waivers, Financial Creditors, financial statements, financing agreement, financing concept, legal certainty, long-term restructuring, Michael Baur, Munich Local Court, operational transformation, parent company, restructuring plan, restructuring proceedings, shareholders, StaRUG, StaRUG light, subsidiaries, €150 million
(PRESS RELEASE) LONDON, 21-Oct-2020 — /EuropaWire/ — Multinational insurance company, Aviva plc announces the appointment of Mohit Joshi and Jim McConville as Independent Non-Executive Directors of the Company with effect from 1 December 2020. Jim and Mohit bring significant experience … Read the full press release
Posted in Financial, Insurance, Management, News, Retail, Technology, United Kingdom
Tagged appointment, Aviva plc, EdgeVerve, Independent Non-Executive Directors, Infosys, insurance, IT transformation, Jim McConville, Lloyds TSB Group, Mohit Joshi, Northern Rock, operational transformation, Phoenix Group, retail financial services, Standard Life Assurance, Tesco Bank
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?