Crédit Agricole Assurances, the insurance business of French banking giant Crédit Agricole, is acquiring the remaining 25% stake it previously did not own in GNB Seguros, a Portuguese non-life insurance company, from Novo Banco. The financial terms of the deal were not disclosed. The deal also includes a 22-year non-life insurance distribution agreement between Novo […]
Siemens Gamesa Renewable Energy has wrapped up the final acquisition of all shares in Ria Blades, the business entity which owns and operates the onshore wind turbine blade production plant in Vagos, Portugal, and other additional assets needed to operate the facility. The Spanish wind turbine manufacturer said that the closing of the acquisition means […]
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 finance digitalization software provider, which specializes in software solutions designed for automating the end-to-end management of trade finance transactions for corporate customers. […]
Spanish wind turbine manufacturer Siemens Gamesa Renewable Energy has signed a deal worth €200 million to acquire selected European assets of German wind turbine manufacturer Senvion Group. The transaction includes assets mainly belonging to the European onshore service business of Senvion Group and all related assets and operations that offer full service, all the intellectual […]