Showing 1-10 of 10 results
Iberdrola has agreed to sell 100% of its UK-based smart metering business, SP Smart Meter Assets Limited (SPSMAL), to Australian financial group Macquarie for approximately £900 million (€1.06 billion). The deal, pending approval from UK...
LACROIX has finalized the sale of its City-Mobility segment to the SWARCO group. This follows the exclusive negotiations announced in December 2024, with the transaction expected to be fully effective in the first quarter of 2025. The divested...
DuPont de Nemours, Inc. has officially cancelled its plan to spin off its Water business, initially announced on May 22, 2024. The proposed separation was intended to be tax-free for shareholders, with the Water segment generating approximately $1.5...
Spanish utility Iberdrola is exploring the sale of its UK smart metering business, aiming to raise around £1 billion ($1.27 billion), according to sources. The process, advised by RBC, is in early stages, with no guarantee of a deal....
LACROIX is in exclusive talks with SWARCO for the sale of its City-Mobility segment, aligning with its May 2024 strategy to refocus on high-potential activities in Electronics and Environment. The divestment includes the Traffic and V2X business...
French energy giant Engie is pulling the plug on Amsterdam-based EVBox, a leading electric vehicle charging infrastructure provider, after suffering €800 million in losses since acquiring the company in 2017. EVBox will close its operations in the...
DuPont de Nemours Inc. plans to spin off its $1.5 billion water tech business as part of a broader strategy to restructure into three specialized companies by spring 2026. This reorganization is designed to maximize long-term shareholder value by...
LACROIX announced the transfer of its Public Lighting segment to the Environment division and plans to sell its CITY – Mobility (Traffic and V2X) segment. These moves follow the recent sale of its Road Signs division and align with the...
Rubicon Technologies has divested its fleet technology business, including its Smart City and software products, to Rodina Capital for $94.2 million. The deal, which is part of Rubicon’s strategy to focus on core waste management services,...
LACROIX has finalized the sale of its Road Signs division, historically central to its business, to AIAC as of April 30, 2024. The divested Road Signs segment, historically a foundational business unit for LACROIX and a significant contributor to...
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