(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
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Netherlands, News
Tagged book loss, CET1 ratio, CPRI cover, currency translation adjustment, due diligence, ECA, factoring, financial services, Global Development JSC, ING, ING Bank Eurasia, market exit, Moscow, offshore exposure, P&L impact, partnership, regulatory approval, RUSSIA, Russian clients, sale
(IN BRIEF) Orkla has entered into agreements to sell its entire hydropower portfolio in two separate deals valued at NOK 6.1 billion. The assets include hydropower production at Sarpefossen, Mossefossen, and the Saudefaldene and Trælandsfos sites. The sales align with … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Å Energi, accounting gain, Capital Markets Day, DNB Markets, energy assets, financial adviser, Hafslund AS, hydropower portfolio, Nils K. Selte, NOK 6.1 billion, Norwegian Ministry of Energy, Orkla, partnership, sale, Sarpsfoss Limited, Saudefaldene, Statkraft, sustainability, Svartisen Holding AS, transaction approval, Trælandsfos Holding AS, Wiersholm law firm
(IN BRIEF) Alstom has sold its North American conventional signalling business to Knorr-Bremse AG for $690 million as part of a broader €2 billion financial restructuring plan. This sale is aimed at strengthening Alstom’s balance sheet and stabilizing its Investment … Read the full press release
Posted in Business, France, Industrial, Infrastructure & Utilities, Investment, Technology, Transportation & Logistics
Tagged Alstom, antitrust advisor, binding agreement, Cleary Gottlieb Steen & Hamilton LLP, communication-based train control (CBTC), Crédit Agricole CIB, deleveraging plan, European train control systems (ETCS), financial advisor, financial due diligence, investment grade rating, Knorr-Bremse AG, legal advisor, North American conventional signalling business, sale, smart and sustainable mobility, U.S. mobility technology, White & Case LLP
TREVISO, Italy, 05-Feb-2018 — /EuropaWire/ — Technology plays a crucial role in the modern world of retail, affecting all areas of the sales cycle from inventory management right through to pricing and customer experience. EuroCIS is the leading trade fair for … Read the full press release
Posted in Electronics & Machinery, Entertainment, Food & Beverage, Germany, Italy, News, Retail, Small Business, Technology
Tagged ABOX 3 2.0, ATOS 15 Elegant, ATOS 15M, Atos Software, Atos32, bar, Cash Desk K2 Slim, Cash Desk K2 XL, cashier, design, electronic, Eurocis, INNOVATION, kiosk, Michele Stecca, paying, POS, RCH, RCH Group, restaurant, retail, retail technology, retailers, sale, technology
THE HAGUE, 03-Jan-2018 — /EuropaWire/ — Shell has completed the sale of the first phase of its Hong Kong and Macau LPG marketing business to DCC LPG on 31st December 2017. Shell continues to operate the LPG plant in Hong Kong, which is … Read the full press release
Posted in Business, Energy, Gas & Oil, Investment, Netherlands
Tagged Hong Kong, LPG business, Macau, sale, Shell
Paris, 19-7-2013 — /europawire.eu/ — Lafarge announces the sale of its subsidiary’s North American Gypsum assets at an enterprise value of 700 million US dollars (533 million euros) to an affiliate of Lone Star Funds. Lafarge North America’s Gypsum division manufactures gypsum … Read the full press release
Posted in Business, Construction, Financial, France, Industrial, Investment, Management
Tagged acqusition, assets, gypsum wallboards, joint compounds, Lafarge, Lone Star Funds, sale
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