Intesa Sanpaolo

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.

Intesa Sanpaolo: €120 billion plan by 2026 for SMEs, service sector, agri-food, tourism

Retrieved on: 
Tuesday, March 26, 2024
Logic, SACE, Growth, Business, Bank, Intesa Sanpaolo, Entrepreneurship, Investment, SME, Management

MILAN, Italy, March 26, 2024 (GLOBE NEWSWIRE) -- Intesa Sanpaolo has launched a new programme: 'Your Future is Our Business' (‘Il tuo future è la nostra impresa’).

Key Points: 
  • MILAN, Italy, March 26, 2024 (GLOBE NEWSWIRE) -- Intesa Sanpaolo has launched a new programme: 'Your Future is Our Business' (‘Il tuo future è la nostra impresa’).
  • The programme makes available €120 billion by 2026, "to support the projects of SMEs and smaller companies, the vital system of Italian entrepreneurship and supply chains at the local level."
  • In its new programme 'Your Future is Our Business', the banking group focuses on three main directions: transition 5.0 and energy; growth in foreign markets; digital development and cybersecurity.
  • Also present at the presentation of 'Your Future is Our Business' were the companies.

One Equity Partners Invests in Italian Agricultural Tractor Attachment Manufacturer CBM

Retrieved on: 
Wednesday, March 27, 2024
Other Manufacturing, Other Transport, Finance, Engineering, Transport, Automotive Manufacturing, Professional Services, Manufacturing, Agriculture, Natural Resources, Underwriting, Corporation, KPMG, Spondyloarthropathy, Growth, Lifting, IMI, CBM, Banco BPM, OEP, Intesa Sanpaolo, BPER Banca, Security, Financial services

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).
  • Founded in 1967 by the Cornia Family and headquartered in Modena, Italy, CBM is one of the leading global manufacturers of tractor attachment systems.
  • “We’re thrilled to be partnering with the Cornia Family who have built CBM into a global leader in the tractor attachment systems space,” said Joseph Huffsmith , Partner, One Equity Partners.
  • One Equity Partners received financial and tax advisory from KPMG, legal advisory from Freshfields, environmental, social and governance from Malk Partners, and transactional advisory from Eidos Partners.

Swift Sets Industry Up for Seamless Introduction of CBDCs for Cross-Border Transactions as Interlinking Solution Finds More Use Cases

Retrieved on: 
Monday, March 25, 2024
Carriers and Services, Technology, Professional Services, Payments, Electronic Commerce, Blockchain, Security, Networks, Internet, Fintech, Mobile, Wireless, Deutsche Bank, CLS Group, Automation, Savings bank, Standard Bank, Growth, United Overseas Bank, DVP, Tokenization, ANZ, Westpac, Risk, Sumitomo Mitsui Banking Corporation, Digital asset, Public policy, Intesa Sanpaolo, CBDC, Community business development corporation, Commercial, DTCC, Standard Chartered, DLT, NatWest Group, Ecosystem, HSBC, FX, CLS, DBS, Commercial bank, Cryptocurrency

Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.

Key Points: 
  • Swift’s solution has already been shown to enable cross-border transfers and connect CBDCs on different networks with each other, as well as with fiat currencies.
  • The second phase of sandbox testing went further, exploring more complex use cases, using Swift’s solution to connect and orchestrate transactions across simulated digital trade and tokenised asset and FX networks, alongside CBDCs for payments.
  • Swift now plans to extend its solution to support a wider range of emerging digital networks in addition to CBDCs, such as platforms for tokenised deposits.
  • This will help to facilitate access and usage of CBDCs in the new complex world of digital payments.

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.

Montran provides Multi-Currency Virtual Account Management Platform to Intesa Sanpaolo

Retrieved on: 
Monday, February 5, 2024
Intesa Sanpaolo, Cryptocurrency

MILANO, Italy, Feb. 5, 2024 /PRNewswire/ -- Montran has announced the launch of a groundbreaking multi-currency virtual account management platform for Intesa Sanpaolo, Italy's premier banking institution with a global financial services presence. This platform marks a strategic enhancement in the bank's ability to manage multi-currency cash and liquidity for its diverse client base, offering unparalleled efficiency and flexibility.

Key Points: 
  • Montran's VAM Platform will enhance the multi-currency cash and liquidity management offering of Intesa Sanpaolo bringing immediate value to the bank's various client segments.
  • MILANO, Italy, Feb. 5, 2024 /PRNewswire/ -- Montran has announced the launch of a groundbreaking multi-currency virtual account management platform for Intesa Sanpaolo, Italy's premier banking institution with a global financial services presence.
  • This significantly enhances international trade by streamlining liquidity and improving cash flow," said Giancarlo Esposito, Head of Payments, Cash Management and Open Banking at Intesa Sanpaolo.
  • "Deployed within a few months for rapid market introduction, Montran's multi-currency and real-time Virtual Account Management solution enriches both Intesa Sanpaolo and its clients with advanced cash and liquidity management tools," said Raegan Esca, General Manager of Montran Europe.

Intesa Sanpaolo S.p.A. Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Friday, February 2, 2024
Intesa Sanpaolo, Partnership, Growth, Corda, Cisco, International Association, Business plan, Information technology, SME, Property, Collection, Investment, Fintech, Artificial intelligence, Banca Intesa, Blockchain, TIM, Acquisition, Insurance, R3, ICT, Cryptocurrency

This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into Intesa Sanpaolo's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Intesa Sanpaolo SpA (Intesa Sanpaolo) is a diversified financial services group that offers a range of banking solutions to private, SMEs, and corporate institutes.
  • In May 2023, Intesa Sanpaolo launched new Governance Area dedicated to innovation and information technology in line with its 2022-25 Business Plan.
  • The transformation efforts by Intesa Sanpaolo rely on technology solutions, such as Intesa Sanpaolo Mobile app.

EnfraGen Awarded Acquisition Deal of the Year by Project Finance International

Retrieved on: 
Monday, January 29, 2024
Environment, Finance, Other Energy, Utilities, Professional Services, Alternative Energy, Sustainability, Green Technology, Energy, General counsel, Wind, JPMorgan Chase, Partner, Partners Group, Société Générale, Scotiabank, SMBC, Acquisition, Intesa Sanpaolo, BNP Paribas, MUFG, Growth, Renewable energy

EnfraGen, LLC (“EnfraGen”) and its joint venture owners, Glenfarne Energy Transition, LLC (“Glenfarne”) and Partners Group, on behalf of its clients, today announced that its acquisition of 188-megawatts (“MW”) of renewable power from Celsia S.A. (symbol: CELSIA), was awarded the “Acquisition Deal of the Year” for the Americas by Project Finance International (“PFI”).

Key Points: 
  • EnfraGen, LLC (“EnfraGen”) and its joint venture owners, Glenfarne Energy Transition, LLC (“Glenfarne”) and Partners Group, on behalf of its clients, today announced that its acquisition of 188-megawatts (“MW”) of renewable power from Celsia S.A. (symbol: CELSIA), was awarded the “Acquisition Deal of the Year” for the Americas by Project Finance International (“PFI”).
  • “This award is a tribute to the EnfraGen team’s incredible determination, talent and expertise,” said Bryan Murphy, President and General Counsel of EnfraGen and Head of Power and General Counsel for Glenfarne Energy Transition.
  • The acquisition also incorporates the first wind and Costa Rican asset into EnfraGen’s portfolio.
  • As part of the refinancing EnfraGen drew approximately $300 MM of previously unused commitments.

Pattern Energy Closes $11 Billion Financing of Largest Clean Energy Infrastructure Project in U.S. History

Retrieved on: 
Wednesday, December 27, 2023
Commercial Building & Real Estate, Utilities, Construction & Property, Sustainability, Environment, Alternative Energy, Energy, Building Systems, Slate, Quanta, EPC, Royal Bank of Canada, Intesa Sanpaolo, Banco Santander, Investment, Scotiabank, CPP Investment Board, Santander Bank, Multimedia, CoBank, Electricity, General Electric, Royal Bank, Snell, Investment banking, Pattern Energy, KfW IPEX-Bank, Letter, Lincoln, Carbon, History, CPP, BNP Paribas, S.A, Principal, Riverstone Holdings, Société Générale, Bank of America, HVDC, Wells Fargo, KV, Sumitomo Mitsui Banking Corporation, Banco Bilbao Vizcaya Argentaria, Transmission, Bank, Export Development Canada, KFW, MUFG Bank, Sumitomo Mitsui Trust Holdings, ACB, National bank, National Bank of Canada, Desjardins Group, Security (finance)

Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, which together is the largest clean energy infrastructure project in U.S. history.

Key Points: 
  • Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, has closed an $11 billion non-recourse financing and begun full construction of SunZia Transmission and SunZia Wind, which together is the largest clean energy infrastructure project in U.S. history.
  • “Our hope is this successful financing of the largest clean energy infrastructure project in American history serves as an example for other ambitious renewable infrastructure initiatives that are needed to accelerate our transition to a carbon free future,” said Hunter Armistead, CEO of Pattern Energy.
  • “We are very grateful to all of our financial partners who are backing SunZia as part of this record-setting project financing.
  • SunZia Transmission and Pattern Energy have partnered with the New Mexico Renewable Energy Transmission Authority (RETA) on the development of the transmission project in New Mexico.

Adani Green accomplishes its Construction Financing Framework at USD 3 billion

Retrieved on: 
Tuesday, December 5, 2023
Finance, Alternative Energy, Energy, Professional Services, Utilities, Party, Climate change, COP28, Construction, MUFG Bank, Sustainable Development Goals, SDG, USD, Partner, Documentation, Société Générale, Plain Green Loans, Conference, BNP Paribas, Sustainalytics, Adani Green Energy, Latham & Watkins, Sumitomo Mitsui Banking Corporation, Linklaters, MD, Intesa Sanpaolo, Standard Chartered, Renewable energy, Bank, Khavda, Head

Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.

Key Points: 
  • Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.
  • The definitive agreements have been executed with 8 leading international banks, which are all returning lenders and instrumental in establishing AGEL’s Construction Financing Framework since March 2021.
  • Mr Amit Singh, CEO, Adani Green Energy Ltd, said, “We believe, Construction Financing Framework is an essential element of our development agenda and supports our unwavering commitment to build a sustainable future.
  • We are incredibly proud to put forward the framework for our portfolio companies where in we have raised sustainable financing solutions for Adani Green, Adani Energy Solution to support the delivery of critical infrastructure projects.