Tag Archives: regulatory approval

bp Agrees to Sell 1.3 GW Net US Onshore Wind Portfolio to LS Power

(IN BRIEF) bp has agreed to sell its US onshore wind arm, comprising ten operating wind farms totalling 1.7 GW gross (1.3 GW net) in seven states, to LS Power. The business—including the experienced bp Wind Energy team—will join LS Power’s Clearlight Energy fleet, boosting … Read the full press release

bp Sells Dutch Retail Stations and EV Charging Hubs to Catom to Accelerate Downstream Reset

(IN BRIEF) bp is selling its Netherlands mobility & convenience network and bp pulse EV charging business to Catom as part of its $20 billion divestment initiative and downstream reset strategy. The deal includes approximately 300 retail stations (some with … Read the full press release

Swedbank Acquires Digital Mortgage Specialist Stabelo to Reach Younger, Tech-Savvy Borrowers

(IN BRIEF) Swedbank will acquire Stabelo, a fully digital mortgage credit institution, to expand its mortgage offerings and reach new customer segments. Stabelo’s technology-driven processes and partnership distribution complement Swedbank’s existing capabilities. The initial price tag is SEK 350 million, … Read the full press release

SIX Completes Aquis Acquisition to Unify 16 European Markets under “One Plug” Connectivity

(IN BRIEF) SIX has formally closed its acquisition of Aquis Exchange plc, creating a pan-European exchange powerhouse with a 15 percent aggregate market share and access to 16 capital markets. The deal marries Aquis’s innovative technology with SIX’s multi-asset services … Read the full press release

ABN AMRO Completes Acquisition of HAL, Creating a Top-Three German Wealth Manager with EUR 70 Billion AUM

(IN BRIEF) ABN AMRO has completed the purchase of Hauck Aufhäuser Lampe AG from Fosun’s Bridge Fortune Investment, following regulatory approval. The acquisition merges HAL with Bethmann Bank to create a top-three German wealth-management provider, with 2,000 employees in 18 … Read the full press release

Volvo CE to Invest SEK 7 Billion in Swecon Deal That Expands Retail and Service Network Across Northern Europe

(IN BRIEF) Volvo CE has agreed to purchase Swecon’s dealerships and service operations in Sweden, Germany and the Baltic states—including the Entrack aftermarket division—for SEK 7 billion, subject to regulatory clearance, with completion slated for H2 2025. The deal transfers … Read the full press release

GSK’s Blenrep Combinations Receive Approval in Japan for Relapsed or Refractory Multiple Myeloma Treatment

(IN BRIEF) GSK has received approval from Japan’s Ministry of Health, Labour and Welfare (MHLW) for Blenrep combinations to treat adults with relapsed or refractory multiple myeloma. The approval follows positive results from the DREAMM-7 and DREAMM-8 phase III trials, … Read the full press release

CPRAM and BFT Investment Managers Announce Merger to Create France’s 10th Largest Asset Management Firm with €100 Billion in Assets Under Management

(IN BRIEF) CPRAM and BFT Investment Managers are merging to create one of France’s largest asset management companies with €100 billion in assets under management. The merger will combine CPRAM’s expertise in thematic and quantitative management with BFT IM’s leadership … Read the full press release

BayWa AG successfully completes sale of stake in RWA Raiffeisen Ware Austria, reducing liabilities by over €500 million

(IN BRIEF) BayWa AG has completed the sale of its 47.53% stake in RWA Raiffeisen Ware Austria AG (RWA AG), a move that reduces its bank liabilities by over €500 million. The transaction, worth €176 million, followed the necessary regulatory … Read the full press release

Equinor Sells 60% Interest in Peregrino Field to PRIO for USD 3.35 Billion as Part of International Portfolio Optimization

(IN BRIEF) Equinor Brasil Energia Ltda., a subsidiary of Equinor ASA, has finalized an agreement with PRIO Tigris Ltda. for the sale of its 60% operated interest in the Peregrino field offshore Brazil. The total transaction value amounts to USD … Read the full press release

GRO Fund III and Kirk Kapital Secure Acquisition of Omada A/S, Marking Exit for CVC Growth Funds and GRO Fund II

(IN BRIEF) Omada A/S, a global leader in Identity Governance and Administration (IGA) software, has announced its acquisition by GRO Fund III, alongside Kirk Kapital. This move marks the full exit of Omada’s previous investors, CVC Growth Funds and GRO … Read the full press release

Indosuez Wealth Management Expands Swiss Presence With Acquisition of Banque Thaler

(IN BRIEF) Indosuez Wealth Management, part of the Crédit Agricole Group, has agreed to acquire Banque Thaler, a Swiss bank celebrated for its service excellence and wealth management expertise. This acquisition reinforces Indosuez’s strategy to expand its footprint in Switzerland—a … Read the full press release

IO Biotech Secures €57.5M EIB Venture Debt to Advance Breakthrough Cancer Vaccine

(IN BRIEF) IO Biotech, a Danish med-tech company, has obtained €57.5 million in venture debt financing from the European Investment Bank, with backing from the European Commission’s InvestEU programme. The financing, structured in three committed tranches of up to €37.5 … Read the full press release

NLB Group Expands Leasing Business with Acquisition of DoberaVto.si Online Platform

(IN BRIEF) NLB Car&Go, a subsidiary of NLB Lease&Go, has successfully acquired the online vehicle sales platform doberavto.si from AMZS d.o.o., marking a significant step in expanding NLB Group’s leasing operations. This acquisition, following necessary regulatory approvals, enhances NLB’s position … Read the full press release

KKR Expands Stake in Enilive with €587.5 Million Investment to Strengthen Sustainable Mobility Strategy

(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

BASF Signs $1.15 Billion Deal to Sell Brazilian Decorative Paints Business to Sherwin-Williams

(IN BRIEF) BASF has reached an agreement to sell its Brazilian decorative paints business to Sherwin-Williams for $1.15 billion. This divestiture, which is part of BASF’s strategy to unlock value through active portfolio management, includes production sites, brands, and approximately … Read the full press release

Crédit Agricole Italia Appoints Hugues Brasseur as New CEO, Giampiero Maioli to Become Chairman

(IN BRIEF) On February 12, 2025, Crédit Agricole Italia’s Board of Directors appointed Hugues Brasseur as the new CEO, effective after the General Meeting on April 23, 2025, where he will also be nominated Managing Director. He will replace Giampiero … Read the full press release

ING Finalizes Deal to Sell Russian Operations to Global Development JSC

ING Repurchases Nearly 1.7 Million Shares, Demonstrating Progress in Buyback Initiative

(IN BRIEF) ING has announced the sale of its Russian operations to Global Development JSC, marking its exit from the Russian market. The sale includes the transfer of all shares of ING Bank (Eurasia) JSC and its associated activities. Global … Read the full press release

EQT Acquires Scale Microgrids to Accelerate Growth in Distributed Energy and Clean Energy Transition

(IN BRIEF) EQT Transition Infrastructure has acquired Scale Microgrids, a leading energy company that designs, develops, finances, and operates microgrids and distributed energy assets in North America. This investment marks EQT’s second significant thematic acquisition in the past month. Scale, … Read the full press release

Irish Startup Nua Surgical Secures €6.5M Series A Funding Led by EQT Life Sciences to Advance Maternal Health Innovation

(IN BRIEF) Nua Surgical, an Irish medical device company, has raised €6.5 million in a Series A funding round led by EQT Life Sciences, with participation from Kidron Capital, Texas Medical Center Venture Fund, Enterprise Ireland, and other investors. The … Read the full press release