Tag archive for ‘Germany’
By Soujanya Ravi On Friday, October 30th, 2020

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...

By businessnewstoday On Tuesday, October 27th, 2020

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...

By businessnewstoday On Wednesday, October 14th, 2020

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...

By businessnewstoday On Wednesday, October 7th, 2020

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...

By businessnewstoday On Thursday, September 17th, 2020

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...

By businessnewstoday On Wednesday, August 19th, 2020

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...

By businessnewstoday On Friday, August 14th, 2020

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...

By businessnewstoday On Sunday, July 12th, 2020

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...

By businessnewstoday On Monday, June 8th, 2020

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...

By businessnewstoday On Thursday, June 4th, 2020

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...