Munich Re’s ERGO to buy 25% stake in China-based Taishan Insurance
(adsbygoogle = window.adsbygoogle || []).push({}); Germany-based ERGO Group, a subsidiary of Munich Re, has agreed to acquire a 24.9% stake in Taishan Property & Casualty Insurance (Taishan Insurance) More...
PIB Group acquires German reinsurance and insurance broker Marx Re
PIB Group, a UK-based insurance intermediary group, has acquired Marx Re-Insurance Brokers (Marx Re), a German reinsurance and insurance broking company for an undisclosed price. The acquisition of the Munich-based More...
Infineon Technologies acquires Cypress Semiconductor in €9bn deal
Infineon acquisition of Cypress Semiconductor : German semiconductor manufacturer Infineon Technologies has wrapped up its previously announced €9.0 billion acquisition of US-based Cypress Semiconductor. As per More...
Investcorp to acquire German cybersecurity company Avira
German cybersecurity company Avira has agreed to be acquired by Investcorp Technology Partners IV owned by Bahrain-based alternative investment manager Investcorp for an undisclosed price. Avira said that the acquisition More...
Kaskasi offshore wind farm : Siemens Games to supply turbines for innogy’s German wind project
Siemens Gamesa Renewable Energy has secured an order from innogy to supply turbines for the 342MW Kaskasi offshore wind farm, which is being developed in the German waters of the North Sea. As part of the contract, More...
Banco Santander acquires 50.1% stake in Spanish fintech company Mercury TFS
Banco Santander has expanded its global trade platform for companies by acquiring a 50.1% stake in Spanish fintech company Mercury Trade Finance Solutions (Mercury TFS) for €30 million. Mercury TFS is a trade More...
German supermarket chain Lidl opens 800th UK store at Dumbarton, Scotland
Lidl Dumbarton store opening news : German discount supermarket chain Lidl has inaugurated its 800th store in the UK at Dumbarton in Scotland. Last week, three other new Lidl stores were also opened at Cambridge, More...
Electric air mobility company AutoFlightX gets investment from TDK Ventures
Germany-based electric air mobility company AutoFlightX has secured investment from TDK Ventures, a subsidiary of Japanese electronics company TDK Corporation. AutoFlightX, which is engaged in developing electric More...
Arcadis Ost 1 offshore windfarm : MHI Vestas to supply V174-9.5MW turbines
MHI Vestas has bagged a turbine supply contract for its V174-9.5MW turbines for the 257MW Arcadis Ost 1 offshore windfarm in Germany to be developed in the Baltic Sea by Belgian offshore wind farm developer Parkwind. As More...
Arkona offshore windfarm : Equinor to sell 25% stake for €500m
Equinor has agreed to divest a 25% stake in the 385MW Arkona offshore wind farm in the German waters of the Baltic Sea for about €500 million to funds advised by Credit Suisse Energy Infrastructure Partners. The More...