Tag Archives: regulatory approvals

Alfa Laval Strengthens Global Energy Portfolio with Strategic Acquisition of Fives Cryogenics

(IN BRIEF) Alfa Laval has announced a binding put-option agreement to acquire Fives Cryogenics from Fives Group for EUR 800 million on a cash and debt-free basis. Fives Cryogenics, based in France, is a leader in cryogenic heat transfer and … Read the full press release

Prudential and Vama Forge New Health Insurance Venture to Propel India’s ‘Insurance for All’ Ambitions

(IN BRIEF) Prudential plc has announced a joint venture with Vama Sundari Investments (Delhi) Private Limited to establish a standalone health insurance business in India. Under the new arrangement, Prudential Group Holdings Limited will hold a 70% stake, while Vama … Read the full press release

JERA Nex bp Unveils Elite Leadership Team to Propel Global Offshore Wind Expansion

IN BRIEF) JERA Co., Inc. and bp have announced the leadership team for their new 50-50 offshore wind joint venture, JERA Nex bp, positioning the entity as a global leader in the development, ownership, and operation of offshore wind projects. … Read the full press release

Zalando Secures 90% Stake in ABOUT YOU, Sets Squeeze-Out Plan for Minority Shareholders

(IN BRIEF) Zalando SE has acquired more than 90% of ABOUT YOU Holding SE’s share capital through its public takeover offer, with the acceptance period ending on 6 March 2025 and final results set to be published on 11 March … Read the full press release

Telia Sells TV & Media Business to Schibsted for SEK 6.55 Billion to Focus on Core Connectivity Operations

(IN BRIEF) Telia Company has announced the sale of its TV & Media business, which includes TV4 in Sweden and MTV in Finland, to Schibsted Media for SEK 6.55 billion. This decision aligns with Telia’s strategy to focus on its … Read the full press release

MAHLE to Divest Minority Stake in Langfang Kokusan Electric as Part of Portfolio Optimization

(IN BRIEF) MAHLE has signed an agreement to sell its 40% minority stake in Langfang Kokusan Electric Co., Ltd. to its co-shareholders. Langfang Jinrun Technology Group Co., Ltd. will acquire 28.5% of the stake, and Langfang State-owned Assets Business Co., … Read the full press release

Henkel Completes Strategic Portfolio Optimization with Sale of Retailer Brands Business in North America

(IN BRIEF) Henkel has completed the sale of its Retailer Brands business in North America to First Quality Enterprises, marking the final step in its portfolio optimization strategy. The business, which includes products in the detergents, fabric finishers, and dishwash … Read the full press release

CA Personal Finance & Mobility Strengthens Electric Vehicle Leasing in China with Acquisition of 50% Stake in GAC-Sofinco Leasing

(IN BRIEF) CA Personal Finance & Mobility has finalized its acquisition of a 50% stake in GAC Finance Leasing, now rebranded as Guangzhou GAC-Sofinco Finance Leasing. This move strengthens the partnership with GAC Group and enhances their leasing offerings in … Read the full press release

Roche Reports Sustained Two-Year Improvements with Elevidys Gene Therapy for Duchenne Muscular Dystrophy

(IN BRIEF) Roche has reported positive results from the second year of the EMBARK Phase III trial of Elevidys (delandistrogene moxeparvovec), the first approved gene therapy for Duchenne muscular dystrophy (DMD). The results showed statistically significant and clinically meaningful improvements … Read the full press release

Orange and Vodacom Launch Groundbreaking Rural Connectivity Project in DRC with Solar-Powered Base Stations

(IN BRIEF) Orange and Vodacom have teamed up to establish a pioneering partnership in the Democratic Republic of Congo (DRC) aimed at enhancing mobile connectivity in rural areas. Over the next six years, the companies plan to construct up to … Read the full press release

Holcim Moves Forward with North American Spin-Off and Announces Designated Board Members

(IN BRIEF) Holcim has announced its next steps in preparing for the spin-off of its North American business, including the designation of the new Board of Directors. The 10-member Board will become official following shareholder and regulatory approvals, expected by … Read the full press release

Holcim Announces Plans for Full Capital Market Separation of North American Business

(IN BRIEF) Holcim plans to fully separate its North American business through a 100% spin-off, listing it on the New York Stock Exchange and reporting under US GAAP, with an additional listing on the SIX Swiss Exchange for European investors. … Read the full press release