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Schoeller Group partners with Brookfield Business Partners to acquire JP Morgan’s stake in Schoeller Allibert Group B.V. (“Schoeller Allibert”), through a joint holding company to be renamed Schoeller

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London, 16 January 2018   Schoeller Group partners with Brookfield Business Partners to acquire JP Morgan’s stake in Schoeller Allibert Group B.V. (“Schoeller Allibert”), through a joint holding company to be renamed Schoeller Packaging   Schoeller Packaging will hold 100% of Schoeller Allibert, one of Europe’s largest manufacturers of returnable plastic packaging systems. Brookfield Business … Skaityti toliau

Symetis and Boston Scientific reach USD 435 million purchase agreement

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Definitive purchase agreement whereby Boston Scientific will acquire Symetis for $435 million in an all cash, up-front payment Acquisition of Symetis will expand the treatment offerings for patients with aortic valvular heart disease Acquisition projected to close during the second quarter of 2017, subject to customary closing conditions Symetis’ IPO launched on Euronext Paris and … Skaityti toliau

Seimas will review the new draft Labour Code

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Press release, 10 September 2016   At the plenary session of the Seimas, Lina Antanavičienė, Chief Adviser to Dalia Grybauskaitė, President of the Republic of Lithuania, presented presidential decrees based on which the draft Labour Code (No. XIIP-3234 Gr) and accompanying legislative amendments are returned for further debate at the Seimas. The President proposes amending 22 … Skaityti toliau

Project ,,Don’t be naiv on the road” takes a step in the Estonia.

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Project ,,Don’t be naiv on the road”, which is expanding in Latvia and Lithuania, stepped in Estonia. Initiative, which provides with information about hitchhiking, is further communicating with all three authority representatives from all three Baltic countries and with youth organizations. It is the way to look for new possibilities to educate society and make … Skaityti toliau

„Achema“ successfully finished negotiations with „Statoil“

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Today nitrogen fertilizers producer „Achema“ finished negotiations with Norwegian company „Statoil“ concerning natural gas supply for year 2016. Gas form the “Statoil” will be purchased by LNG carrier ships through Klaipeda LNG terminal. “In general negotiations are finished. Both “Statoil” representatives and „Achema“ negotiating group agreed on basic liquefied natural gas  supply conditions as well … Skaityti toliau

Court upheld Lithuanian Competition Council’s decision on „Gazprom“

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Vilnius County Administrative Court upheld the decision by Lithuanian Competition Council’s to fine Gazprom for the failure to comply with merger conditions and market foreclosure. On 10 June 2014 the Council imposed on Gazprom a fine of approx. € 35.6 million for the failure to meet conditions of the merger cleared on 18 March 2004. … Skaityti toliau