LBBW

EQS-News: Supervisory Board appoints Dr Christian Ricken as new CEO – Jochen Klösges to leave Aareal Bank Group

Retrieved on: 
Wednesday, April 10, 2024
Deutsche Bank, Real estate, Supervisory board, CFO, Commercial property, Aareal Bank, Business development, University, Software, Commercial, Asset management, International business, LBBW, Treasury, Financial institution, Market

Therefore, the Supervisory Board appointed Dr Christian Ricken as new Chief Executive Officer of Aareal Bank AG from 1 August 2024, subject to customary approvals by the supervisory authority.

Key Points: 
  • Therefore, the Supervisory Board appointed Dr Christian Ricken as new Chief Executive Officer of Aareal Bank AG from 1 August 2024, subject to customary approvals by the supervisory authority.
  • Dr Christian Ricken had also been a member of the Group Executive Committee of Deutsche Bank for several years before joining the Board of Managing Directors of LBBW in 2017.
  • Aareal Bank AG’s Chairman of the Supervisory Board, Jean Pierre Mustier, said: “I am very pleased to welcome Christian Ricken as a new leader for Aareal Bank Group.
  • I’d also like to thank Jochen Klösges on behalf of the entire Supervisory Board for his strong and successful leadership, also in very challenging times.

EQS-News: Final offer price for DOUGLAS AG shares set at 26.00 euro per share

Retrieved on: 
Wednesday, April 10, 2024
Deutsche Bank, Citigroup, RBI, Growth, Frankfurt Stock Exchange, Goldman Sachs, WKN, UBS, Intesa Sanpaolo, UniCredit, IPO, BNP Paribas, Investment, Jefferies, LBBW, CVC Capital Partners, DOU, Security (finance)

CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.

Key Points: 
  • CVC Capital Partners and the Kreke family remain main indirect shareholders after the IPO and do not sell any shares at the IPO.
  • The total offer size amounts to around 890 million euro with gross proceeds for DOUGLAS AG of around 850 million euro, which corresponds to a market capitalization of DOUGLAS AG of around 2.8 billion euro.
  • Sander van der Laan, CEO DOUGLAS Group, said: “The significant investor interest in the DOUGLAS Group underlines the exceptional work our team has accomplished in recent months.
  • The shares of DOUGLAS AG are expected to be trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange from March 21, 2024, on.

EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

Retrieved on: 
Wednesday, March 13, 2024
Jefferies, Senior, Supervisory board, Deutsche Bank, Note, LFL, Growth, Bloom, UBS, ESG, CVC Capital Partners, IPO, Net income, UniCredit, LBBW, Banca Intesa, Economics, Goldman Sachs, Regulated market, RBI, Citigroup, Frankfurt Stock Exchange, BNP Paribas, PIK

DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Key Points: 
  • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
    IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
    Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
  • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
  • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
  • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

EQS-News: Vossloh concludes sustainability-linked syndicated loan at attractive conditions

Retrieved on: 
Wednesday, March 13, 2024
CFO, Bayerische Landesbank, Vossloh, Commerzbank, ESG, LBBW, Bank

Vossloh AG has signed a syndicated loan agreement that replaces an existing loan agreement from 2017.

Key Points: 
  • Vossloh AG has signed a syndicated loan agreement that replaces an existing loan agreement from 2017.
  • The new syndicated loan of
    €240 million has been structured as a revolving credit line so that the funds can be drawn flexibly and as needed.
  • Dr. Thomas Triska, CFO of Vossloh AG: "The successful refinancing of our syndicated loan at attractive conditions reflects the strength and confidence that Vossloh enjoys in the financial world, not least after the great operational successes of recent years.
  • The new syndicated loan agreement provides the means to successfully implement our strategy in this attractive market environment and to create added value for our shareholders."

EQS-News: DOUGLAS Group sets price range for its IPO

Retrieved on: 
Wednesday, March 13, 2024
CFO, Jefferies, Supervisory board, Deutsche Bank, Competition Commission, FMCG, GfK, Investment, Research, Management, Growth, Johnson & Johnson, Primary shares, UBS, Sale, Calendar, Beauty, Frankfurt Stock Exchange, IPO, CVC Capital Partners, Federal Financial Supervisory Authority, LBBW, Organization, Economics, Goldman Sachs, RBI, Citigroup, CVC, BNP Paribas, UniCredit, Intesa Sanpaolo, Security (finance)

The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.

Key Points: 
  • The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.
  • The German Federal Financial Supervisory Authority (BaFin) approved the securities prospectus for the public offer in Germany and listing of DOUGLAS today.
  • With our strong business model and successful growth strategy, the DOUGLAS Group is optimally positioned in a very attractive market.
  • Through Management Equity Programs, the members of the Executive Board as well as current and former managers of the DOUGLAS Group have indirectly invested in the company.

Leadership Change at Allianz Central Europe

Retrieved on: 
Monday, December 11, 2023
Professional Services, Insurance, Finance, Landesbank Baden-Württemberg, University of Trier, Economics, LBBW, Head, CFO, Multimedia, Culture, Allianz, Marketing, Office, University, Landesbank, SE, Personality, Allianz Global Investors, Management, Central European, Central Europe

Allianz SE today announced leadership changes that will take effect from January 1, 2024:

Key Points: 
  • Allianz SE today announced leadership changes that will take effect from January 1, 2024:
    This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20231211051237/en/
    Nina Klingspor will succeed Petros Papanikolaou as CEO of Allianz Central Europe (Photo: Allianz)
    Nina Klingspor, currently CEO of Allianz Private Krankenversicherungs-AG, Allianz private health insurance business in Germany (APKV), will be appointed as the new CEO of Central Europe for Allianz Group, subject to approval by the relevant corporate bodies.
  • Allianz Central Europe is a regional entity with responsibility for Allianz national businesses in 11 countries in Central and Eastern Europe.
  • Klaus-Peter Roehler, Member of the Allianz SE Board of Management, said “I want to thank Petros for the outstanding work he has done at Allianz Central Europe, his establishment of the regional entity and his successful transformation of the regional model.

EQS-News: SCHOTT Pharma AG & Co. KGaA: SCHOTT Pharma shares to be offered within price range of EUR 24.50 to EUR 28.50 per share

Retrieved on: 
Monday, September 18, 2023
IPO, AFRICA, QIA, Frankfurt Stock Exchange, Jefferies, BofA Securities, Commerzbank, Deutsche Bank, Sale, Qatar Investment Authority, BNP Paribas, Federal Financial Supervisory Authority, EUR, Prospectus, Export, LBBW, Citigroup, Growth, Cornerstone, SCHOTT, Results of the 2013 German federal election, Borosilicate glass, Security (finance), Cryptocurrency

EQS-News: SCHOTT Pharma AG & Co. KGaA

Key Points: 
  • EQS-News: SCHOTT Pharma AG & Co. KGaA
    SCHOTT Pharma AG & Co. KGaA: SCHOTT Pharma shares to be offered within price range of EUR 24.50 to EUR 28.50 per share
    The issuer is solely responsible for the content of this announcement.
  • Depending on the final issue price and number of shares placed, the total market capitalization of SCHOTT Pharma will be between around EUR 3.69 billion and
    EUR 987 million.
  • Trading of SCHOTT Pharma shares on the Frankfurt Stock Exchange (Prime Standard) is expected to begin on September 28, 2023.
  • The IPO will enable us to accelerate the growth of SCHOTT AG and SCHOTT Pharma and support the Group’s green transition,” says Dr. Frank Heinricht, CEO of SCHOTT AG.

EQS-News: Amprion GmbH: Amprion again successful with green bond in volume of €1.2 billion

Retrieved on: 
Wednesday, August 30, 2023
Luxembourg Stock Exchange, Bayerische Landesbank, Moody's Investors Service, UniCredit, Commerzbank, ING, DZ, Fitch, Landesbank, Sustainalytics, Euro, Investment, LBBW, SEB, BANK, CFO, ESG, DZ BANK AG, Security (finance), Renewable energy, Marketing, Amprion

The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.

Key Points: 
  • The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.
  • The green dual-tranche bond was issued within Amprion's €9 billion debt issuance programme.
  • The second tranche with a volume of €700 million has a maturity of 11 years and an interest coupon of 4.125% p. a.
    Peter Rüth, CFO of Amprion: “We have once again successfully placed a dual-tranche green bond.
  • Moody's has assigned a Baa1 rating to the newly issued dual-tranche green bond.

Renewi plc: Renewi signs €400m Revolving Credit Facility

Retrieved on: 
Friday, August 4, 2023
Carbon, S&P, LSE, Science Based Targets initiative, Line of credit, RWI, ABN, EBITA, Recycling, Ashurst, CIC, Green, Rothschild, KBC, Treasury, Circular economy, Credit Accumulation and Transfer Scheme, MLA, LBBW, Rothschild & Co, RCF, BNP, BBVA, EIB, NatWest, Renewable energy, Real estate, Security (finance), Risk management, EBITDA, Renewi

Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).

Key Points: 
  • Renewi plc (LSE: RWI), the leading international waste-to-product company, is pleased to announce the renewal of its Revolving Credit Facility (“RCF”).
  • The facility size remains unchanged at €400m and is for an initial five-year term to 2028 with two one-year extension options.
  • In addition to the RCF facility, the Group has €305m of fixed rate bonds, EUPPs, and the EIB facility.
  • Adam Richford, Head of Treasury and Investor Relations at Renewi commented: “We are delighted to announce our green sustainability-linked Revolving Credit Facility, as well as the commitment displayed by our existing and new lenders to support Renewi over the next five to seven years.

BLUU Seafood raises EUR 16 million in Series A funding to bring cultivated fish to market

Retrieved on: 
Wednesday, June 28, 2023
Seafood, Delivery Hero, Research, Upside Foods, Sale, EUR, USDA, LBBW, Series, Entrepreneurship, FDA, Aquaculture, Fishing, Agriculture

BERLIN, June 28, 2023 /PRNewswire/ -- BLUU Seafood, the leading European food biotech to produce cultivated fish, continues its growth path and successfully closes its Series A.

Key Points: 
  • BERLIN, June 28, 2023 /PRNewswire/ -- BLUU Seafood, the leading European food biotech to produce cultivated fish, continues its growth path and successfully closes its Series A.
  • By raising EUR 16 million, the German start-up secures the capital to further advance the work on its groundbreaking technology and the market launch of first products.
  • Cultivated fish is real animal protein directly grown from fish cells without killing the animal.
  • In total, BLUU Seafood has raised more than EUR 23 million since its founding in 2020.