Reliance Industries Ltd (RIL) and State Bank of India (SBI), India’s largest lender, have signed a shareholders’ agreement for setting up a payments bank. RIL confirmed in a statement saying: ‘The subscription and shareholders’ agreement was signed by RIL as the promoter with a 70% equity contribution and SBI as joint venture partner with a […]
Progroup AG, headquartered in Landau, Germany, has acquired the combined heat and power plant located in Eisenhüttenstadt, Germany, from German utility company EnBW Energie Baden-Württemberg AG. The combined heat and power plant supplies steam to Progroup’s nearby paper machine. The parties signed a sale and purchase agreement on December 2, 2015. The acquisition is effective […]
French IT services provider Interway has received €3m of funding from BNP Paribas Développement and BPI France. It is the first time the company is supported externally, following its high growth in 2015 with turnover up by 49%. The round was led by BNP Paribas, followed by BPI. Patrick Benoit, President and Founder of Interway […]
The Carlyle Group LP agreed to acquire a minority stake in Schön Klinik SE on June 29, 2016. The transaction is subject to the approval of antitrust authorities. Wolfgang Richter, Alexander Fürwentsches and Caroline Herzog from Baker Tilly Roelfs acted as tax advisors for Schön Klinik and its shareholders. Martin Kühner, Michael Hinderer, Georg Schultze, […]
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