ROUNDUP: Siemens Energy wants to take wind power subsidiary Gamesa off the stock exchange
MNICH – The energy technology group Siemens Energy is reaching for complete control of its Spanish wind power subsidiary Siemens Gamesa (Siemens Gamesa Renewable Energy SA). With an offer of 18.05 euros per share, the Munich company wants to acquire the outstanding 32.9 percent, as they announced late on Saturday evening. That corresponds to around four billion euros. If the offer is successful, Energy Gamesa wants to be taken off the stock exchange and integrated into the group. CEO Christian Bruch and CFO Maria Ferrero want to explain the details in an online press conference on Monday (9:00 a.m.).
ROUNDUP: USA are flying in baby food via Ramstein due to bottlenecks
WASHINGTON – Due to dramatic bottlenecks in the USA, the US government is flying in infant formula via its Ramstein air force base in Rhineland-Palatinate. On Saturday evening, a first machine with medical special baby food started from Ramstein in the direction of the USA, said the director of the National Economic Council in the White House, Brian Deese, on Sunday on the US broadcaster CNN. Further flights are planned for the coming days. During his trip to Asia, US President Joe Biden wrote on Twitter that there were more than 70,000 pounds (almost 32 tons) of infant formula on board the first military plane. “Our team works around the clock to get baby food safe to everyone who needs it.”
Leoni wants to raise 50 million euros on the capital market
NRNBERG – The auto parts supplier LEONI, which has been in trouble for a long time, is working with its creditors to find ways to raise around EUR 50 million. As the Nuremberg company announced ad hoc on Sunday, the issue of new shares or a convertible bond is being examined in order to redeem the hoped-for sum.
RWE boss expects falling gas supplies from Russia
FRANKFURT – The CEO of the energy group RWE, Markus Krebber, assumes that Russia will gradually reduce gas supplies to Europe. “We are in an economic war and the Russians are taking every opportunity to make it harder for us by reducing delivery volumes, which leads to higher prices,” Krebber told the “Frankfurter Allgemeine Sonntagszeitung” (FAS). “I expect a further shortage of gas supplies and not that someone turns off the gas completely.”
Hyundai car group is building an electric car factory in the USA
SEOUL – The VW (Volkswagen (VW) vz) competitor Hyundai (Hyundai Motor) wants to open a factory for electric vehicles in the US state of Georgia for 5.54 billion dollars (about 5.24 billion euros). In the planned plant in the southeastern United States, electric car batteries are also to be manufactured, as the Hyundai Motor Group announced on Saturday. Construction work is scheduled to begin in January 2023, and the first cars will roll off the assembly line in the first half of 2025. The planned investments would create more than 8,000 jobs. In addition, the South Korean group announced additional billions in investments in the USA on Sunday. They should flow into the areas of robotics, urban air transport, autonomous driving and artificial intelligence.
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Additional Reports
-Deutsche Messe AG sees new momentum – loss initially higher
-New boss for Volkswagen Sachsen
Great strike on British railways threatened – economy with emergency plans
-Lufthansa bid expected for Alitalia successor
-More and more SUVs on the streets in Germany – Old volume segments are shrinking
-‘Starliner’ arrives at International Space Station for the first time
-Edeka boss Mosa criticizes price increases by brand manufacturers
-EU Commission clearly criticizes German EU agricultural plan
-Gas dealer Wingas sees the supply of its customers secured
-ROUNDUP/Transferpoker around Lewandowski: Barca bid, Salihamidzic attacked
-Easter Island reopens to tourists on August 1st
-Scholz calls on Schrder to resign from further posts
-SPD general secretary Khnert: Schrder’s resignation at Rosneft too late
-Faeser: Do not cover investigations into child abuse
-More than eight million TV viewers at the Leipzig DFB Cup victory
-ROUNDUP: After winning the multi-million dollar game for Mbapp: PSG before major upheaval
-ROUNDUP: 300 companies use Nutri-Score in Germany
-Legoland celebrates its 20th anniversary with a parade
-Celebrity Restaurateur Beetle: Rush for Oktoberfest Reservations
-Bahn: No more disruptions in long-distance traffic
-Technical director: Bahn prepared for customer rush from June 1st
-ADAC launches nationwide bicycle breakdown assistance
Customer Note:
ROUNDUP: You are reading a summary in the company overview. There are several reports on the dpa-AFX news service on this subject.
/jha