Wiserlinks Knowledge

  • The world is changing incredibly quickly, business is speeding up, new competitors emerge from other markets. Life is more complex and inter-connected than ever. Leaders have to partner with their peers in order to make these new challenges a success.
  • This blog presents ideas for action.
 

Wiserlinks Knowledge

  • The world is changing incredibly quickly, business is speeding up, new competitors emerge from other markets. Life is more complex and inter-connected than ever. Leaders have to partner with their peers in order to make these new challenges a success.
  • This blog presents ideas for action.
 

Jean-Bernard Girault

General Electric Must Buy Alstom Stakes In Energy Joint Ventures For $3 Billion

A photo taken on June 23, 2014 in Belfort shows the logos of the French power and transport engineering company Alstom.  France on June 22 clinched a deal to take a stake in Alstom, a move aimed at preserving the country's strategic interests in the face of a bidding war for the French engineering giant. AFP PHOTO / SEBASTIEN BOZON

| 14/05/2018

Investors General Electric (GE) will buy Alstom’s stakes in three energy joint ventures for 2.59 billion euros, equivalent to $3.1 billion, adding to GE’s exposure in a struggling market as the French company exercises its right to sell out. The Boston-based Dow Jones component acquired Alstom’s power business in November 2015 for roughly $10.6 billion, […]

Continue Reading

Jean-Bernard Girault

Kering says decided to sell sport brand Volcom amid focus on luxury

kering

| 11/04/2018

Reuters French luxury group Kering said on Friday it had taken steps to sell skatewear label Volcom, its last remaining non luxury brand, as it focuses on its high-margin, high-end labels. Kering is also preparing to spin off German sportswear brand Puma, which will leave it with brands ranging from Gucci to Yves Saint Laurent. […]

Continue Reading

Jean-Bernard Girault

Uber to sell south-east Asia business to competitor Grab

20810327-uber-grab

| 29/03/2018

The Guardian Uber is selling its south-east Asian ride-hailing and food delivery business to bigger regional rival Grab, as its seeks to cut losses ahead of a potential stock market flotation next year. The move marks the US company’s third major retreat overseas, following its exit from China in 2016 and Russia last year. Uber lost […]

Continue Reading

Jean-Bernard Girault

Vodafone sells out of Qatar for €301 million, brand wil remain

vodafone ter

Eye Witness News | 27/02/2018

Eye Witness News Vodafone said on Monday it would sell its stake in Vodafone Qatar VFQS.QA to its joint venture partner, the Qatar Foundation, for €301 million but keep its red brand present in the country under a future partnership deal. Qatar has faced an embargo from Arab countries since June last year and the business has […]

Continue Reading

Jean-Bernard Girault

Ardian sells €1bn infrastructure portfolio to Dutch pensions giant

large_road_infrastructure

Financial News | 13/12/2017

Financial News French private equity giant Ardian has sold a €1bn portfolio of infrastructure assets to Dutch pension fund, FN’s sister publication Private Equity News reports. APG, which has €467bn in assets under management, will buy up other investors’ interests in a portfolio of eight infrastructure investments including Italian gas distribution company 2i Rete Gas, French renewable […]

Continue Reading

Jean-Bernard Girault

Lufthansa to sign deal to buy half of Air Berlin

798px-Lufthansa-Logo

Financial Times | 18/10/2017

Financial Times Lufthansa will buy more than half of Air Berlin, the lossmaking airline that filed for insolvency in August after losing the support of its biggest shareholder Etihad Airways. Air Berlin confirmed on Thursday that Germany’s largest carrier would buy Niki, its Austrian holiday airline, regional carrier LGW, as well as 20 other aircraft. […]

Continue Reading

Jean-Bernard Girault

Alstom, Siemens to merge rail businesses to counter China’s CRRC

Alstom.svg

| 05/10/2017

CNBC German industrial group Siemens and French rival Alstom agreed to merge their rail operations, creating a European champion to better withstand the international advance of China’s state-owned CRRC. Siemens will own 50 percent plus a few shares of the joint venture, to be called Siemens Alstom, while Alstom will supply Henri Poupart-Lafarge as chief […]

Continue Reading

Jean-Bernard Girault

Metro Inc to buy Jean Coutu Group in $3.60 billion deal

2000px-Metro_Inc._logo.svg

| 05/10/2017

Reuters Metro Inc, Canada’s third biggest food retailer, said on Monday it would buy pharmacy chain Jean Coutu Group for C$4.5 billion ($3.60 billion). Metro Inc, which had last week said it was in talks to buy Jean Coutu, offered C$24.50 per share for the Varennes, Québec-based company. Click here to read full article

Continue Reading

Jean-Bernard Girault

Louis Dreyfus Company sells African fertiliser business

DREFYS

FINANCIAL TIMES | 25/07/2017

FINANCIAL TIMES Louis Dreyfus Company has sold its African fertiliser business to Helios Investment Partners for around $200m, according to people familiar with the deal.The sale of the unit, which was announced earlier on Monday without revealing the sale price, comes as tough conditions in agricultural markets have seen LDC, one of the world’s largest […]

Continue Reading