Tag Archives: stake

ABB to increase its stake to 80 percent in Chargedot, an electric vehicle charging provider based in China

(PRESS RELEASE) ZÜRICH, 31-Jan-2022 — /EuropaWire/ — ABB (SWX: ABBN), a Swedish–Swiss multinational company leader in robotics, power, heavy electrical equipment, and automation, has announced it will increase its holdings in Chargedot (Chargedot Shanghai New Energy Technology Co., Ltd.), an … Read the full press release

Borealis buys minority stake in the company behind the EcoCore® manufacturing technology platform for sustainable packaging

Deeper partnership drives development of circular packaging solutions based on Borealis polymer and recycling expertise in tandem with Bockatech’s patented EcoCore ® technology platform EcoCore platform to be scaled up to expand range and availability of lighter weight and reusable … Read the full press release

EBRD now owns approximately 8.4 per cent stake in Addiko Bank

(PRESS RELEASE) LONDON, 5-Mar-2020 — /EuropaWire/ — EBRD now owns a stake of approximately 8.4 per cent of Addiko Bank AG. EBRD has swapped its indirect stake in the bank, which it held via a private special purpose vehicle, with … Read the full press release

HeidelbergCement optimises portfolio and improves cash generation by further reduction in Ciments du Maroc shareholding

(PRESS RELEASE) HEIDELBERG, 29-Nov-2019 — /EuropaWire/ — HeidelbergCement sells 3.6% of Ciments du Maroc’s share capital to certain Moroccan institutional investors through a block trade. The sale of around 0.5 million shares was sold for an aggregate amount of approximately … Read the full press release

Assicurazioni Generali closes the sale of its entire stake in Generali Belgium SA to Athora Holding

(PRESS RELEASE) TRIESTE, 03-Jan-2019 — /EuropaWire/ — Assicurazioni Generali SpA announces the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding Ltd. in line with the terms already announced to the market on April 18, … Read the full press release

NLB d.d. to sell 28.13% stake in Skupna pokojninska družba d.d to Zavarovalnica Triglav d.d.

Today, September 14th 2018 in Ljubljana NLB d.d. signed a purchase and sales agreement with Zavarovalnica Triglav d.d. for the sale of 9,102 shares of Skupna pokojninska družba d.d., representing 28.13% of company’s share capital. Ljubljana, Slovenia, 17-Sep-2018 — /EuropaWire/ — NLB d.d. … Read the full press release

CapMan Growth Fund to sell its 29 per cent stake in Fluido Oy to Infosys

the Finnish growth company becomes part of an international technology frontrunner HELSINKI, 17-Sep-2018 — /EuropaWire/ — CapMan Growth Fund has, together with its other owners, signed an agreement on selling its holdings of Fluido Oy, the leading Salesforce partner in the … Read the full press release

Glencore: Glencore-QIA Consortium’s 14.16% stake in Rosneft sold to QIA; Consortium arrangements terminated

BASEL, 12-Sep-2018 — /EuropaWire/ — Glencore refers to the announcement on 4 May 2018 concerning the Consortium’s agreement to sell a 14.16% stake in Rosneft to a wholly owned subsidiary of QIA. This transaction has now completed. As a result of … Read the full press release

Volkswagen Group to acquire minority stake in Chemnitz based company that develops algorithms for automated and autonomous driving

Volkswagen Group acquires a minority interest in the technology company FDTech GmbH of Chemnitz in Saxony FDTech develops software and future-oriented systems for automated and autonomous driving WOLFSBURG, CHEMNITZ, 03-Sep-2018 — /EuropaWire/ — The Volkswagen Group has acquired a minority … Read the full press release

Deutsche Börse Group acquires minority stake n HQLAx S.à r.l.

FRANKFURT, 29-Aug-2018 — /EuropaWire/ — Deutsche Börse strengthens commitment to new technologies in the post-trade sector / Significant progress in creating innovative blockchain solution to tackle fragmentation of securities lending market Deutsche Börse Group has just made an initial investment … Read the full press release

Total to sell ts 26% minority equity stake in Hazira LNG regasification terminal in India to Shell

PARIS, 29-Aug-2018 — /EuropaWire/ — Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26% minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory … Read the full press release

The strategic alliance between Siemens and Bentley Systems further expanded; Siemens stake in Bentley Systems now exceeds 9%

Joint Press Release by Siemens and Bentley Systems Successful strategic alliance with Bentley Systems, which started in 2016, to be further expanded Joint investment initiative extended by an additional €50 million, totaling €100 million Ambition to further accelerate joint business … Read the full press release

ENGIE acquires 13% minority stake in HomeBiogas, an Israeli startup pioneering the field of household biogas solutions

This investment will boost the development of HomeBiogas’ easy-to-install B2C biogas systems in both Europe and emerging countries and contribute to the global development of green gas and access to low-carbon and reliable energy. La Défense, France, 26-Jul-2018 — /EuropaWire/ … Read the full press release

Glencore-QIA Consortium: proposed sale of stake in Rosneft to CEFC China Energy Company Limited will no longer proceed

BAAR, 07-May-2018 — /EuropaWire/ — Glencore refers to the announcement on 16 October 2017 concerning the Consortium’s agreement to sell to CEFC China Energy Company Limited a 14.16% stake in Rosneft. The Consortium has today sent a notice to CEFC to … Read the full press release

Pearson to sell its 50% stake in The Economist Group for £469 million, payable in cash

Pearson is today announcing that it has agreed to sell its 50% stake in The Economist Group for £469 million, payable in cash. LONDON, 13-8-2015 — /EuropaWire/ — EXOR S.p.A. has agreed to purchase 27.8% of The Economist Group’s Ordinary … Read the full press release

VTB Group increased its stake in VTB Bank (Belarus) to 100%

Moscow, Russia, 31-1-2014 — /EuropaWire/ — VTB Group has bought the 2.63% stake in VTB Bank (Belarus) owned by minority shareholders, increasing its stake to 100%. In 2013, VTB bought a 25.95% stake in the bank from the Belarusian government. Senior Vice President Mikhail Yakunin, head of the group’s Financial Subsidiaries … Read the full press release

Société Foncière Lyonnaise (SFL) takes note on Colonial’s statement about possible disposal of part of its stake in SFL

Paris, France, 7-1-2014 — /EuropaWire/ — The Board of Directors of the Société Foncière Lyonnaise has taken note of the press release issued today by its majority shareholder, Colonial, regarding developments in that company’s financial restructuring process (see the Colonial press release … Read the full press release

Deutsche Börse AG subsidiary Eurex Zürich AG to acquire 5-percent stake in Taiwanese futures exchange TAIFEX for $47 million

Frankfurt am Main, Germany, 6-1-2014 — /EuropaWire/ — Eurex: Eurex Zürich AG, a subsidiary of Deutsche Börse AG, is becoming a minority shareholder of the Taiwanese futures exchange TAIFEX. Subject to regulatory approval by the Taiwanese authorities (Investment Commission, Ministry of … Read the full press release

RWE Gas International B.V. sold its 49.83% stake in FOGÁZ Group to MVM Hungarian Electricity Private Limited Company for HUF 41 bn

Essen, Germany, 23-12-2013 — /EuropaWire/ — MVM Hungarian Electricity Private Limited Company and RWE Gas International B.V. signed an agreement today governing the acquisition of RWE’s 49.83% stake in FOGÁZ for a purchase price of HUF 41 bn. Closing of the … Read the full press release

Vivendi divested 85% interest in Activision Blizzard for $8.2 billion in cash

Paris, France, 25-10-2013 — /EuropaWire/ — Vivendi announced today the completion of the divestment of over 85% of its interest in Activision Blizzard. The Group has received cash proceeds totaling $8.2billion. This divestment represents a major step forward in the strategic review Vivendi … Read the full press release

EBRD acquired 5.75 per cent-stake in Poland’s biggest producer of fertilisers and chemicals Grupa Azoty

Government reduces state-owned stake in chemical producer 25-4-2013 — /europawire.eu/ — The EBRD has acquired a 5.75 per cent-stake in Grupa Azoty, Poland’s biggest producer of fertilisers and chemicals, for PLN 296.4 million (equivalent of €72.1 million). The investment follows the … Read the full press release