Allianz, Telefónica partner to build €5bn fiber optic network in Germany
(adsbygoogle = window.adsbygoogle || []).push({}); German insurance giant Allianz Group and Spanish telecommunications company Telefónica Group agreed to create a 50:50 joint venture (JV) for deploying More...
Carlyle Group acquires 27 distribution logistics assets in France and Germany
The Carlyle Group said that it has purchased a portfolio of 27 distribution logistics assets across France and Germany for an undisclosed price. According to the global investment firm, the deal is structured as More...
Siemens Mobility to supply light rail vehicles for Düsseldorf and Duisburg
Siemens Mobility has bagged a joint order worth around €400 million from Düsseldorfer Rheinbahn (Düsseldorf) and Duisburger Verkehrsgesellschaft (Duisburg) in Germany for 109 Avenio HF high-floor light rail More...
Kering sells 6% stake in sportswear manufacturer Puma for €655m
French luxury goods company Kering has divested a stake of around 5.9% in German sportswear manufacturer Puma for about €655.6 million or €74.50 per Puma share. The stake was sold via an accelerated bookbuilding More...
Deutsche Börse to acquire majority stake in Quantitative Brokers
German capital market company Deutsche Börse said that it will acquire a majority stake in Quantitative Brokers, a provider of advanced execution algorithms and data-driven analytics for global futures, options, More...
Siegfried gin brand owner Rheinland Distillers secures investment from Diageo
German distiller Rheinland Distillers, which owns Siegfried Rheinland Dry Gin and Siegfried Wonderleaf, a non-alcoholic gin alternative, has secured investment from beverage alcohol giant Diageo’s drinks accelerator More...
WEKO, Polygiene to offer Polygiene ViralOff spray of microdroplets
WEKO, a German supplier of industrial application systems for surface finishing, has joined forces with Swedish chemicals company Polygiene to offer solutions for applying the latter’s Polygiene ViralOff as More...
E.ON sells innogy Ceska republika to Hungarian power company MVM Group
E.ON, a German electric utility company, has agreed to sell innogy Ceska republika, the entire electricity and gas retail business in the Czech Republic of its subsidiary innogy, to Hungarian power company MVM Group, More...
Munich Re’s ERGO to buy 25% stake in China-based Taishan Insurance
Germany-based ERGO Group, a subsidiary of Munich Re, has agreed to acquire a 24.9% stake in Taishan Property & Casualty Insurance (Taishan Insurance) in a move to enter into the Chinese property and casualty 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...