Quantcast
Channel: Europe Headlines on One News Page [United States]
Viewing all 54901 articles
Browse latest View live

Genuine Parts buying Europe's second-largest auto parts distributor for $2B

$
0
0
The acquisition will be the largest ever for Atlanta's Genuine Parts. Reported by bizjournals 8 minutes ago.

Windstar Unveils New ‘Unexpected’ Ad Campaign and Impressive 2018 Voyage Collection Brochure

$
0
0
Innovations abound for Windstar in 2018 with worldwide cruise destinations featuring nearly 150 new ports and inventive new ads to enchant travelers on sailings 180 degrees from ordinary

SEATTLE, WA (PRWEB) September 26, 2017

Windstar Cruises announces the launch of an intriguing new marketing campaign that introduces a brand evolution for the award-winning small ship cruise line, emphasizing the line’s specialty in creating vacation experiences that are 180 degrees from ordinary. The novel advertising campaign titled “Unexpected” and debuting this fall complements the line’s just released 2018 Voyage Collection brochure highlighting how 2018 will be nothing short of adventurous — with an astonishing 49 new cruise itineraries and nearly 150 maiden ports of call. From the eye-catching brochure cover to the handy “sailings at a glance” section, the piece conveys to travelers what makes a small ship cruise vacation with Windstar stand out.

“Windstar goes to great lengths to surprise our guests with special moments and memories that last a lifetime. I’m excited to show off our new ad campaign and marketing materials that shine a light on the unexpected delights that travelers encounter on a Windstar cruise,” said Windstar President John Delaney. “We’re doing things differently from other cruise lines and giving guests distinctive stories to share. We’re now telling the Windstar story with more flare and audacity than before — with our new brochure and ads we’re giving consumers a more visual way to conceptualize what an experience on Windstar is really like.”

The 2018 Voyage Collection brochures are being mailed to the homes of Yacht Club Members, Windstar’s loyalty/past guest program. Travelers will be treated to a vivid depiction of how the small cruise ship sets itself apart from other luxury, boutique and expedition cruise lines, including Windstar’s ability to get travelers as close as possible to authentic and immersive experiences in each and every destination, with one-of-a-kind adventures, as well as unparalleled onboard service and intimate yet luxurious settings found on all of their remarkable vessels. The 2018 Voyage Collection is available for viewing and download, and consumers can request a brochure to be mailed to their home, all on the Windstar website.

Windstar’s 2018 brochure features far-flung ports and interesting itineraries designed by a hands-on staff of travel and cruise experts including ship’s captains. Cruisers will marvel at 12 newly-developed Mediterranean voyages discovering the breadth of the region from the unspoiled charm of Puglia, Italy to exploring the UNESCO wonders in Spain, Croatia, Greece and beyond. Travelers will be drawn to 28 brand new journeys throughout Asia featuring visits to the world’s most exotic beaches and offering one-of-a-kind shore excursions such as Ko Kut Treepod Dining in an ancient tropical rainforest. Introducing a return to the expansive waterways of Alaska in 2018, the ship will sail under Vancouver’s classic Lion’s Gate Bridge heading north to Alaska by way of the historic Inside Passage while exploring rural ports and inlets like Misty and Kenai Fjords, Endicott and Tracy Arms, Metlakatla, Icy Strait Point, Wrangell, Haines and Prince Rupert. Offering 11 diverse cruises from 11 to 27 days, guests can enjoy small ship luxury in balcony suites and expedition-style experiences while cruising along picturesque coastlines.

The 2018 brochure also introduces first-ever Windstar sailings to Canada and New England, with show-stopper port cities like New York City, Boston, and Montreal mixed with quaint fishing harbors such as Bar Harbor and Rockland with sailings timed to take perfect advantage of crisp autumn weather and changing colors. Exceptional sailings across Northern Europe expand to include new round trip Edinburgh cruises, a sail up the River Thames to London, calls at remote Scottish Isles, popular Iceland circumnavigations, fascinating Norwegian fjords, the remote Arctic Circle, and timeless Baltic Sea journeys – all beautifully suited to exploration by small ship. In addition, perennial cruise favorites like year-round Tahiti and Tuamotu Islands, Costa Rica and the Panama Canal, Caribbean and Ocean Crossings beckon warm water lovers. Popular Star Collector voyages combine back-to-back sailings and offer guests more time to explore (with free laundry) on longer journeys.

Windstar’s new marketing evolution and “Unexpected” advertising campaign captures the extraordinary aspects of cruising the Windstar way — with imprints of exotic, off-the-charted-course ports of call and unforgettable experiences showcased in an inventive ad campaign. New unexpected imagery is prominently featured in the 2018 Voyage Collection brochure that divulges noteworthy brand differences like personalized service with a 1.5-to-1 guest-to-crew ratio; exceptional culinary experiences as the Official Cruise Line of the James Beard Foundation; a welcoming culture; and elegant ships that turn heads in every harbor.

Advertising icon Ron Elgin, founder of Elgin/DDB, the original conceptor of Windstar’s time-tested tagline “180 degrees from ordinary,” stated: “The evolution of the Windstar brand is an opportunity to feature a vibrant and immersive travel campaign from a more playful and savvy cruise line, opening up the traveler mindset to new adventures and their eyes to fresh perspectives.”

The brand’s new marketing campaign will soon pop in fashionable travel magazines and online media. The Unexpected print campaign launches in late September with bold new first-person perspective photography, displaying goats in trees and other unexpected imagery. The fresh look to the ads and accompanying headlines and copy evolves Windstar’s brand message, speaking to the active travelers thirst for first hand, authentic and active experiences. The Unexpected campaign goes digital in October, with prominent placement on Windstar’s website, on social media and in digital advertising.

A tour de force of Pacific Northwest creativity, the Unexpected campaign was developed by the cruise line’s Marketing team along with the Seattle-based advertising and branding agency Wax Exp in consort with the brand strategy company, Red Tango, also of Seattle. The creative team traveled to souks, bazaars and beaches in Morocco and Italy’s chic Riviera for active seaside paddling adventures and unexpected shoreside excursions like camel riding, capturing experiences that real Windstar guests can actually do on a small ship cruise.

Windstar will launch an “Unexpected Windstar Sweepstakes” that will run on social media in October, designated by the cruise travel industry as “Plan a Cruise Month.” Unexpected Windstar Sweepstakes entrants will learn about Windstar’s upscale cruise experience through taking a fun “fact or fiction” quiz for the chance to win a suite for two aboard Star Breeze on the 10-day Island Gems of Spain & Portugal cruise sailing round trip from Lisbon on November 18, 2018; the cruise visits Agadir, Morocco where the Unexpected ad campaign was shot. For more information on the sweepstakes and how to enter, visit Windstar’s social media channels and website in early October.

To learn more about authentic small ship cruising with Windstar, contact a travel professional or Windstar Cruises by phone at 877-958-7718, or visit http://www.windstarcruises.com. Reported by PRWeb 2 hours ago.

ENGIE Electrabel Partners with Sparkcentral to Support its Energy Customers via Digital Messaging

$
0
0
Belgian electricity and gas market leader enlists Sparkcentral to offer effortless customer service across digital channels like the company’s mobile app, website, Facebook Messenger, Twitter, and more.

SAN FRANCISCO (PRWEB) September 26, 2017

Leading enterprise digital customer engagement platform Sparkcentral today announced its partnership with ENGIE Electrabel, a subsidiary of the international, publicly traded ENGIE Group that provides energy and energy services across the world. ENGIE Electrabel selected Sparkcentral to better engage its millions of customers and deliver support across digital channels like Twitter, Facebook Messenger, mobile apps, the website and more.

The partnership is the first deal of its kind for both parties, leveraging digital customer service within the commodities industry, where deregulation is creating more competition for customer loyalty. According to an IBM benchmark study, utility customers in Europe are discussing topics like bill costs and service issues more frequently on social media. However, customers addressing issues with their service providers via social media commonly receive a response asking them to call or email for assistance. This request to switch channels is considered a “high effort” interaction, and ENGIE Electrabel’s strategic move to digital messaging will ensure that customers are receiving the support they need in their preferred channels.

“Sparkcentral understands our needs and we share the same vision of messaging-based customer service propelling communication between customers and service providers today and into the future. In this way, we will be able to enhance our relationship with new and existing customers through more personalized, streamlined communication,” said Jan De Smet, Head of Customer Service & Operations for B2C & B2B at ENGIE Electrabel.

"Customer service quality has always been a key differentiator for ENGIE Electrabel on the Belgian market. Social media and mobile messaging is rarely fully leveraged in the utilities industry, so we have the opportunity to truly differentiate in offering a higher level of customer service and delight our customers,” said Annick Rossey, Chief Marketing & Sales officer, Belux.

According to Sparkcentral’s “Customer Messaging: Happy Customers, Productive Employees & Better Financials” report launched earlier this year, companies using messaging achieve nearly 3x greater customer satisfaction and lower the customer effort required for service by 111 percent. With Sparkcentral, ENGIE Electrabel is lowering the total cost of servicing customers, reducing effort for customers and agents, providing quicker, better quality care.

“ENGIE Electrabel is one of the largest and most innovative energy companies in Europe and is fully embracing the future of customer service with its transition to digital messaging,” said Davy Kestens, CEO of Sparkcentral. “Partnering with Sparkcentral illustrates ENGIE’s sincere commitment to providing an effortless customer experience. I am excited for us to create best-in-class industry-leading customer experiences together.”

Together with utilities NRG, Consumers Energy, and Scottish Water, ENGIE Electrabel joins Sparkcentral’s customer-centric client roster, which includes companies such as Zappos, JetBlue, Discover, Netflix, Delta Air Lines, Emirates, Slack, and Western Union.

About Sparkcentral
Customer-obsessed companies use Sparkcentral’s leading mobile and social customer engagement platform to manage and resolve customer service interactions over modern digital channels in a simple, streamlined and fun way. With the fastest customer routing and prioritization technology in the business and innovative workflow optimization and reporting tools, Sparkcentral helps global brands like Delta Air Lines, Uber, Nordstrom, JetBlue, Emirates, Zappos and more deliver effortless and cost-effective customer service experiences and drive brand loyalty. A two-time CODiE Award winner for Best Customer Service Solution in 2016 and 2017, Sparkcentral is headquartered in San Francisco, USA and has its EMEA headquarters in Hasselt, Belgium. To learn more, visit http://www.aprkcentral.com and follow @Sparkcentral on Twitter.

About ENGIE Electrabel
ENGIE Electrabel is Belgium's market leader when it comes to the sale of electricity, natural gas and energy services. The company is firmly committed to the energy transition, offering its 2.7 million residential, professional and industrial customers innovative solutions to help them to consume energy in a more efficient and thoughtful way, as well as enhancing their level of comfort. ENGIE Electrabel generates electricity close to its customers, thanks to the company's diversified generation facilities - facilities that produce very little CO2, have a capacity of 9,600 MW and comprise wind turbines and solar farms, as well as hydroelectric, biomass, natural gas, pumped storage and nuclear power plants. ENGIE Electrabel employs 4,400 energy experts. Reported by PRWeb 2 hours ago.

Leading e-sports Business, Bigpicture Interactive Co., Ltd. Opened Game Couch Academy

$
0
0
Leading e-sports Business, Bigpicture Interactive Co., Ltd. Opened Game Couch Academy SEOUL, South Korea, Sept. 26, 2017 /PRNewswire/ -- Bigpicture, established in 2015 and leading the e-sports market in Korea, has opened the Game Coach Academy in Seoul. Bigpicture has been running gaming coaches which is a sports education business, GCL which is an e-sports content business, and an e-sports team Element Mystic. Which these services, Bigpicture is able to process game education off line which used to be on line. Currently, the game coach academy is teaching various games such as the League of Legends and Overwatch.GameCoach Academy in Seoul, Korea

In early June, the Game Coach Academy was officially accredited by the Seoul Southern Education Support Agency. According to the Game Coach, this is the first time that an education institute has been accredited for the purpose of training games (e-sports).

There are about 100 students who are getting trained currently, and Bigpicture says, "the Game Coach started with the idea that people want to learn games but there's no where they can learn."

"There are many avoided cases because game institutions are in the dark side and that is why we wanted to bring the academy to the bright side," said the purpose of the establishment of the academy.

The Game Coach also runs an academy team in addition to the classes for hobbies and for office workers those who simply want to increase their game skills. Academy team is operated with several different classes and team A which is the top class is with group of people who want to become pro gamers.

There are Yoon, Heewon couch who used to be a couch for Starcraft2, League of Legends and several other events and 'Lev' Jeong, Chunghuck couch who used to be in Rhinos Gaming as instructors and couching staffs.

*- Established a virtuous circle system through e-sports team *

Bigpicture, runs a team of professional teams, Element Mystic and Academy along with the Game Coach Academy to help Academy students become pro gamers. In fact, there is 'Fate' Ko, Panseung player from Immortals professional game team of the North America. He is currently ranked #1 in Overwatch in America.

Bigpicture says, "The reason we made the team is to let players grow faster and send them outside. It's a selling club concept, the goal is to export rookie players to the market rather than getting a transfer fee. We hope to export players within a year and the new people will fill in vacancies. We hope that the e-sports industry ecosystem will become healthier as talented people becomes more abundant and more active in the market. We think that the academy, the team, and the fans will be all satisfied when I look at the overall picture", explained the Academy's purpose.

The tuition fees from the students are the main income source of the institute, however, the Game Couch Academy team does not accept anybody - if a student comes alone, he or she must be accompanied by their parents.

Bigpicture said, "We let the parents know that we have a selection procedure. We only verify ability of aspirants".

Bigpicture said they hired a professional College consultant to give advice on future career and university admissions to students who would like to enroll based on their school records for this purpose.   

You need to understand the ultimate goal of the Game Coach, the "virtuous circle system" in order to understand why the Game Couch Academy is being particular on students.

The Game Couch Academy wants to produce professional gamers through the institution and wants them to come back to work on lecturers and e-sports work.

Retirement means not only the end of a player's career but also a career break for professional gamers.

Professional players has been rated as good in playing games from their teens and spent most of their 20s as a professional player, the best way to continue their career was to become a director, couch or run a personal broadcast TV through Twitch TV. There are some people who live a second life with special efforts, however there are also a lot of people who cannot find new career paths and still wandering. This is because there is a poor system for retirees.

Bigpicture says "our goal is to create an environment where Acedemy team players can debut and grow rather than just a learning. And when they retire, they can come back to us and make them to develop younger generation players. We plan to suggest this to 'Fate' Ko Panseung who is from our Academy."

*- "We will become a problem solver in e-sports market"*

Even though Bigpicture has a good plan for careers after the retirement of professional gamers, there is a limit to the number of people who can accommodate themselves. The Game Coach is looking at overseas markets to solve these problems.

Bigpicture said, "We cannot accommodate all of retirees, so we have to expand our market overseas. We are having conversations with e-sports coaching companies from North America and China. We aim to build a union with them. We would like to grow our balance by using our infrastructure in markets where e-sports have not yet developed such as India, Hong Kong and Eastern Europe. We think that market will get bigger in that way."

Bigpicture was fully aware of the problems caused by overseas expansion. Bigpicture said, "Coaching staffs and players have been going to overseas frequently, however they are only sent there without more help than just sending them there so there are a lot of cases where they are dismissed by one sided dismissal. Negative feelings and perceptions on e-sports will increase if this continues. There is a plan that the Game Coach Academy wants to take on the role of an agency and protect them. It is meaningless just to send them abroad. We should be able to take responsibility until henceforth. "

Recently, the European League of Legend professional team Unicorns of love and Overwatch professional game laser kittenz have stayed at the Game Coach Academy for field training. The field training of overseas teams is also one of the business items of the Game Coach Academy, however they focus more on establishing a close relationship with overseas game teams - this is done in order to build the foundations for overseas development as mentioned above.

Bigpicture predicted that it would take about a year to draw the sketch of the Game Coach Academy's plan. They will take step by step approach instead rushing. Bigpicture said "So far, it is flowing as planned without squealing," they are looking at their future positively. The '95% re-entry rate' indicator supported the positive attitude of Bigpicture.

Bigpicture thinks that "e-sports training system is close to the system from traditional sports. We analyze the failure factors of the past education providers and continue to worry about how to effectively teach to go straight," he said.

"Game Coach Academy wants to be a problem solver for the e-sports market, and we want to prove that people can live well in the world with one of the talents of games," he said with their aspiration.

Bigpicture was founded in 2015 and attracted investment from DEV Discovery, LLC (Delaware LLC), a New York venture capital that year. In 2016, it attracted investment from Mirae Asset, Hanvit Investments, and Seoul Investment Partners, Korea's largest investment companies. In addition, they signed a strategic partnership with Dojo Madness, a global e-sports company on September 1st, 2017.

Link for Academy: http://gamecoachacademy.com
Link for video contents (KOR): https://www.youtube.com/c/GCTVGameCoachTV 
Link for video contents (ENG): https://www.youtube.com/channel/UC_HT7pB67aJFkE-H4C_RbUw

Contacts

*Bigpicture Interactive Co., Ltd.
*Kwangjun Song
+82-10-3479-5432 (Mobile)
song@bigpi.co

View original content with multimedia:http://www.prnewswire.com/news-releases/leading-e-sports-business-bigpicture-interactive-co-ltd-opened-game-couch-academy-300525566.html Reported by PR Newswire Asia 2 hours ago.

Ryanair pilots continue campaign to join unions

$
0
0
Thousands of Ryanair pilots are continuing their campaign to join unions across Europe in a bid to secure better contracts of employment. Reported by RTE.ie 2 hours ago.

KBRA Expands into Europe with Opening of Dublin Office

$
0
0
KBRA Expands into Europe with Opening of Dublin Office NEW YORK & DUBLIN--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) announced its expansion into Europe with the opening of a Dublin office. KBRA is a full service credit rating agency that was established in 2010 to restore trust in credit ratings following the financial crisis. Since then KBRA has differentiated itself by offering accurate, timely, transparent ratings and research. With over 275 employees and offices across the U.S., located in New York, Pennsylvania, and Maryland, KBRA has p Reported by Business Wire 2 hours ago.

Exchanges take issue with stock pricing rules under MiFID II

$
0
0
Europe's stock exchanges are taking issue with the rules for price quoting that banks will follow under the second Markets in -More-  Reported by SmartBrief 51 minutes ago.

FierceBiotech Reveals the Fierce 15 Winners of 2017

$
0
0
FierceBiotech has unveiled its annual Fierce 15 list of up-and-coming biotech companies expected to make big waves in the industry.

Washington, DC (PRWEB) September 26, 2017

The final fifteen companies are chosen from hundreds of nominations submitted by readers and editors of FierceBiotech, a publication from Questex, LLC.

“The philosophy of Fierce 15 is a simple one: We want to see the best science combined with the best and brightest management teams," FierceBiotech editor Ben Adams said, "and we want to see that the promise they hold in their hands has—in this industry built on the all or nothing of risk and reward—a genuine chance of being the Next Big Thing.”

The Fierce 15 highlights privately held companies that are working to develop innovative products, services, or platforms that can advance the biotech industry and transform patient treatment.

“This year’s crop is the best-funded we’ve seen, and speaks volumes about the rude health of early-stage biomedical research this year,” Adams continued. “When we look at the science, the teams, and talk to their leaders, the key issue is the future: In the next five to ten years, will their product or platform produce something revolutionary and game-changing, and does it have a shot of becoming the new standard of therapy in its respective area.”

Below are the fifteen companies FierceBiotech predicts will shape the industry for years to come:·     Rubius Therapeutics
·     Vividion Therapeutics
·     Vir Biotechnology
·     Axial Biotherapeutics
·     Turnstone Biologics
·     PMV Pharma
·     Gritstone Oncology
·     Tango Therapeutics
·     Repare Therapeutics
·     Magenta Therapeutics
·     Vivet Therapeutics
·     PsiOxus Therapeutics
·     Aravive Biologics
·     Relay Therapeutics
·     BlackThorn Therapeutics

For company profiles and more information on the Fierce 15, visit the FierceBiotech special report: http://www.fiercebiotech.com/special-report/fiercebiotech-s-2017-fierce-15.

FierceBiotech is an internationally recognized online publication and email newsletter focusing on the latest news, trends, and analysis within the biotechnology industry.

About Questex

Questex is a leading global business information and events company serving corporate and government clients and industries that are driving economic growth and business innovation around the world.

The company drives business investment, innovation and demand-creation in the markets it serves by bringing together investors, buyers, sellers and professionals through its over 100 trade shows, conferences and other business events, informing them through more than 100 business media and information products and supporting clients with a comprehensive platform of marketing solutions. Questex’s industry-focused marketplaces include Life Sciences & Healthcare, Hospitality & Travel, Beauty & Wellness, Technology & Telecommunications groups.

Questex is headquartered in Newton, Massachusetts. The company employs over 350 dedicated professional staff members, who are located in offices throughout the United States, Europe and the Asia-Pacific region. Reported by PRWeb 2 hours ago.

One Trader Warns "There's A Serious Amount Of 'Scary' Out There"

$
0
0
One Trader Warns There's A Serious Amount Of 'Scary' Out There By all appearances it seems the *market has now reduced the half-life of global nuclear armageddon threats to around 20 hours *as Gold's gains have been erased overnight and USDJPY retraced its losses...

Which is not surprising given the new normal's continued bulletproof markets. However, as former fund manager Richard Breslow discusses today, at some point these now-ingrained biases - this expectation that every dip is a buy, no matter what - may be set for a challenge as he reminds raeders* "you know what they say happens when you assume."*

Via Bloomberg,

We’re getting some jockeying of positions as befits the lead-up to the start of the fourth quarter. And it’s happening with a very confused and confusing backdrop of conditions tugging in different directions.* It will be especially important to avoid assuming the same causality in every trade. We will get meaningful periods of risk on or off, but that isn’t what we’ve been experiencing.* Certainly not yet.



*The S&P 500 begins today within a stone’s throw of all-time highs. If you hate it, you haven’t missed the trade. If you like it, there’s plenty of technical indicators telling you it has still avoided doing anything wrong. *The Korean won and Kospi index have ceded some ground but are trading, in orderly markets, at very familiar levels. They too have oodles of chart points to tell you when it’s time to panic. And if you think potential gap risk is too great, you shouldn’t be running the position to begin with.

 

So *on the one hand, you have a global economy putting up some decent numbers.* And when that’s a global phenomenon, it can be contagious.

 

*On the other hand, there’s a serious amount of scary, or at the very least, disappointing, happenings out there.*

 

*So what will it be? Look on the bright side or embrace your inner disgust?* One thing you should know at this time of year is that there will be serial overshoots in price action and you’ll need to decide just what a particular day’s movements actually signify -- opportunity to fade or trend extension. Take today’s move in kiwi as a good example where both sides of that question can be reasonably argued.

 

*We often marvel at the difficulty markets have putting a price on geopolitical risk.* Especially in a central bank world where they are only too happy to write puts for you.* But trust me, very few of us really have any clue about North Korea or Kurdistan. Even easy ones like Venezuela keep tripping up smart people.*

 

And now there is one new known unknown that, in theory, we should be pretty good at trying to analyze, and that is Sunday’s election results in Germany. *I’m watching in fascination how investors take it. With remarkable sanguinity so far. *But it’s no mean feat putting together a coalition with potential partners whose make-or-break conditions will undoubtedly affect European fiscal integration, energy policy, migration and a whole lot more. Including how the ECB tiptoes toward tapering.

 

This is a really big deal, no matter how you score it. Is Germany Europe? Will this make burden-sharing DOA or ultimately open the door? *There are countless portfolios constructed with a view about the economy, central bank intentions and policies that will either be reinforced by business as usual or shot to pieces. *What an interesting issue to contemplate as you await quarter-end rebalancing and the technical support the euro is trading right on top of.



*But don’t ignore it:* global markets are highly correlated no matter what anyone says and bund yields now trade back below 40 basis points. *Which is something really important to contemplate as we anxiously await Chair Yellen’s speech on inflation, uncertainty, and monetary policy.*

So all eyes on 1245ET with a view to what happens next... Reported by Zero Hedge 42 minutes ago.

Deutsche Wohnen successfully placed EUR 800 million new convertible bonds

$
0
0
DGAP-News: Deutsche Wohnen SE / Key word(s): Corporate Action

26.09.2017 / 15:36
The issuer is solely responsible for the content of this announcement.
--------------------

NOT FOR RELEASE, PUBLICATION, DISTRIBUTION IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAWS.

*Deutsche Wohnen successfully placed EUR 800 million new convertible bonds*

*Frankfurt/Main and Berlin, 26 September 2017.* Deutsche Wohnen SE ('Deutsche Wohnen' or the 'Company'), successfully placed convertible bonds maturing in January 2026 with an aggregate nominal amount of EUR 800 million, divided into 8,000 bonds in a nominal amount of EUR 100,000 each ('New Convertible Bonds'). The New Convertible Bonds are convertible into new or existing ordinary no par value bearer shares of Deutsche Wohnen or can be repaid in cash.

The New Convertible Bonds placed by Deutsche Wohnen will be issued at 100% of their nominal amount and will carry interest at a rate of 0.6% per annum. The initial conversion premium amounts to 40% above the Reference Share Price (being the arithmetic average of the daily VWAP [volume weighted average price] of the shares on XETRA on September 26 and September 27, 2017).

The New Convertible Bonds have been placed solely to institutional investors in certain jurisdictions outside the United States via a private placement. The New Convertible Bonds are expected to be issued by Deutsche Wohnen on or around October 4, 2017 and to be admitted to trading on the non-regulated open market segment (Freiverkehr) of the Frankfurt Stock Exchange shortly thereafter.

Deutsche Wohnen is entitled to redeem the New Convertible Bonds from January 27, 2023 if the stock exchange price of the bearer shares of Deutsche Wohnen amounts to at least 130% of the conversion price then in effect over a certain period. The holders of the New Convertible Bonds will not be entitled to an investor put.

BNP PARIBAS, Deutsche Bank Aktiengesellschaft, Goldman Sachs International and UBS acted as Joint Global Coordinators and Joint Bookrunners for the offering of the New Convertible Bonds
*Deutsche Wohnen*

Deutsche Wohnen is one of the largest publicly listed residential property companies in Germany and Europe with a business focus on managing and developing its portfolio, which focusses on residential properties. As at 30 June 2017, the portfolio comprised a total of 162,985 units, of which 160,552 are residential and 2,433 are commercial units. Deutsche Wohnen is listed on the MDAX of Deutsche Börse and is additionally traded on the leading indices EPRA/NAREIT, STOXX^(R) Europe 600 and GPR 250.

*Important Notice*

This publication may not be published, distributed or transmitted, directly or indirectly, in the United States (including its territories and possessions), Canada, Australia or Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

This publication does not constitute an offer of securities for sale or a solicitation of an offer to purchase securities of Deutsche Wohnen in the United States, Germany or any other jurisdiction. Neither this announcement nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. The securities of Deutsche Wohnen may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the 'Securities Act'). The securities of Deutsche Wohnen have not been, and will not be, registered under the Securities Act. This publication is not an extension of a tender offer in the United States for securities of Deutsche Wohnen. A tender offer for the sale of Convertible Bonds is not being made within the United States or to, or for the account or benefit of, persons located or resident in the United States.

In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the 'Order') or (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons together being referred to as 'Relevant Persons'). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

In member states of the European Economic Area ('EEA') which have implemented the Prospectus Directive (each, a 'Relevant Member State'), this announcement and any offer if made subsequently is directed exclusively at persons who are 'qualified investors' within the meaning of the Prospectus Directive ('Qualified Investors'). For these purposes, the expression 'Prospectus Directive' means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in a Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression '2010 PD Amending Directive' means Directive 2010/73/EU.

No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

The Bonds are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the EEA. For these purposes, a 'retail investor' means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU ('MIFID II'); (ii) a customer within the meaning of directive 2002/92/ec ('IMD'), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MIFID II; or (iii) not a Qualified Investor as defined in the Prospectus Directive.

The Joint Bookrunners and Dealer Managers are acting for Deutsche Wohnen and no one else in connection with the transactions and will not be responsible to anyone other than Deutsche Wohnen for providing the protections afforded to clients of the Joint Bookrunners and Dealer Managers, or for giving advice in connection with the transactions or any matter referred to herein.

This information contains forward-looking statements that are based upon current views and assumptions of the Deutsche Wohnen management, which were made to its best knowledge. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors which could cause the earnings position, profitability, performance or the results of Deutsche Wohnen or the success of the housing industry to differ materially from the earnings position, profitability, performance or the results expressly or implicitly assumed or described in these forward-looking statements. In consideration of these risks, uncertainties and other factors, persons receiving these documents are advised not to unreasonably rely on these forward-looking statements. Deutsche Wohnen does not assume any obligation to update such forward-looking statements and to adjust them to any future results and developments.Contact Investor Relations:
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5419
ir@deutsche-wohnen.com --------------------

26.09.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

--------------------

Language: English
Company: Deutsche Wohnen SE
  Pfaffenwiese 300
  65929 Frankfurt am Main
  Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5419
E-mail: ir@deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange

 

 
End of News DGAP News Service

  Reported by EQS Group 1 hour ago.

Europe’s Gelato Festival makes its U.S. debut in Boulder this weekend

$
0
0
This is pretty much the biggest cream-centric thing to hit Boulder in years. Reported by Denver Post 1 hour ago.

Pareteum +23.6% as it enters Eastern Europe

$
0
0
Reported by SeekingAlpha 1 hour ago.

Here's the Boeing jet that will become a vital link between Australia and Europe

$
0
0
Here's the Boeing jet that will become a vital link between Australia and Europe Next March, Qantas will inaugurate its new non-stop flight from Perth, Western Australia to London. The first ever non-stop flight between Europe and Australia.

"When Qantas created the Kangaroo Route to London in 1947, it took four days and nine stops," Qantas CEO Alan Joyce said in a statement during the flight's announcement last December. "Now it will take just 17 hours from Perth non-stop."

In fact, the 9,008 mile-long flight will be the third longest scheduled commercial flight in the world, right after Air India's 9,400-mile flight from Delhi to San Francisco and Qatar Airways' 9,032-mile flight from Doha to Auckland, New Zealand.

The Perth to London route will overtake the airline's 8,531-mile non-stop flight between Sydney and Dallas, Texas. That flight is operated by Airbus A380 superjumbos. 

Last week, Boeing rolled out the new plane Qantas will use to operate the Perth to London flight, a 787-9 Dreamliner. It's one of eight Dreamliners Qantas has on order. 

The Sydney-based airline is expected to take delivery of the plane on October 16 before it enters service in December on Qantas' flight between Melbourne and Los Angeles. 

Here's a closer look at Qantas' shiny new Boeing 787-9 Dreamliner. 

*SEE ALSO: Here's the Bombardier jet at the heart of a simmering trade war between the US and Canada*

*FOLLOW US: on Facebook for more car and transportation content!*

-The Qantas' first 787-9 Dreamliner recently rolled out of the Boeing's paint hangar in Everett, Washington.--For the new Dreamliner, Qantas updated its famous Flying Kangaroo livery.--In total, it took Boeing 250 liters of paint and more than four days to apply to the new livery.-
See the rest of the story at Business Insider Reported by Business Insider 35 minutes ago.

Brendan Rodgers: Celtic's possession stats the best in Europe

$
0
0
Brendan Rodgers: Celtic's possession stats the best in Europe Celtic have the best possession statistics in Europe; ahead of Pep Guardiola's Manchester City side. Reported by BBC News 53 minutes ago.

Barcelona? Man City? Europe's possession kings revealed to be Celtic

$
0
0
Barcelona? Man City? Europe's possession kings revealed to be Celtic Celtic have the best possession statistics in Europe; ahead of Pep Guardiola's Manchester City side. Reported by BBC Sport 58 minutes ago.

Macron: more Europe, please

$
0
0
As French President Emmanuel Macron lays out his vision for a more federal Europe, we look at what he wants and and the chances of it being executed. This as Germany cobbles together a working post-election coalition. Reported by Deutsche Welle 1 hour ago.

Reuters Summit: Bank of England expects 130 firms to apply for UK licences ahead of Brexit

$
0
0
LONDON (Reuters) - The Bank of England expects 130 financial firms from across Europe to apply for licences to continue operating in Britain after Brexit, its Deputy Governor Sam Woods said on Reported by Sify 59 minutes ago.

ABB And Northvolt Partner for Europe’s Largest Battery Factory

$
0
0
ABB And Northvolt Partner for Europe’s Largest Battery Factory *Business Wire India*ABB and Northvolt have signed a Memorandum of Understanding (MOU) for a wide-ranging supply and technology partnership, including products and services for Northvolt’s state-of-the-art lithium-ion battery factory and close collaboration on development of battery solutions and R&D activities. ABB Technology Ventures (ATV) will support the initial phase of this project through an early investment.   Northvolt is going to build Europe’s largest and most advanced lithium-ion battery factory in Sweden. Supported by ABB’s industrial automation expertise, integrating robotics, machine and factory automation, electrification and ABB Ability^TM, ABB’s unified, cross-industry digital offering, into one overall solution, the factory will supply European customers in the automotive and key industries with high quality and customizable battery solutions. The factory is expected to start production in 2020. A demonstration-line will be ready by 2019 and will allow Northvolt to continuously optimize products and processes.   “We are excited to support Northvolt’s project to build the battery factory of the future here in one of our home countries”, said ABB CEO Ulrich Spiesshofer. “This uniquely integrated factory would be a true showcase for ABB’s leadership in industrial automation and smart electrification and would help to meet the ever-increasing demand for smarter, greener storage solutions.”   The Energy Revolution has spurred the use of renewable energy sources and lowered the reliance on fossil fuels. Electrification and storage are the keys to a carbon neutral society. The shift to e-mobility alone will drive the need for batteries to new heights. The ability to store energy is also crucial to free the world’s energy generation and distribution from fossil fuels in a phased manner.   “The world is moving quickly towards electrification. We want to enable this transition by building the largest, cutting-edge lithium-ion battery factory on the European continent and producing the world’s greenest batteries. ABB is at the forefront of the electrification, and we are delighted to have them on-board as strategic partner, key supplier and investor”, said Peter Carlsson, CEO of Northvolt.   The products and services that ABB intend to supply include a fully integrated robotics, automation and electrification solution including ABB’s industry-leading distributed control system ABB Ability^TM System 800xA as well as advanced digital solutions such as ABB Ability^TM Manufacturing Operations Management, making this factory a true showcase for Industry 4.0.   Both partners have agreed on a technology collaboration to drive innovation in battery technology in areas such as production platform, cell and module design, and battery performance. The companies intend to have a close collaboration on development of battery solutions for mobile and stationary applications, including the potential sourcing of batteries.   “We see great potential in partnering with Northvolt to develop environmental friendly solutions for utilities, industry as well as infrastructure & transportation. This is a true milestone for us and our customers in our aim for a fossil fuel free society, especially here in Sweden”, says Johan Söderström, MD ABB Sweden.   *About ABB*   ABB (ABBN: SIX Swiss Ex) is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally. Continuing more than a 125-year history of innovation, ABB today is writing the future of industrial digitalization and driving the Energy and Fourth Industrial Revolutions. ABB operates in more than 100 countries with about 136,000 employees.   *About Northvolt*   Electrification and renewable energy storage are the keys to a carbon neutral society. Batteries will enable the transition. The auto industry alone will need batteries in huge numbers to replace fossil fuels with electricity. The ability to store energy is also crucial to free the world’s energy generation and distribution from coal, oil and natural gas. Northvolt accelerates this transition by building Europe’s largest battery factory.      
  View source version on businesswire.com: http://www.businesswire.com/news/home/20170926005761/en/ Reported by Business Wire India 43 minutes ago.

France's Macron calls for 'refoundation' of sovereign, united Europe

$
0
0
PARIS (Reuters) - French President Emmanuel Macron delivered a speech on the future of Europe on Tuesday, with plans for closer eurozone cooperation, greater unity on defence, immigration, policing and border security. Reported by Reuters India 7 minutes ago.

The Latest: Macron proposes European asylum agency

$
0
0
The Latest on the French president's Europe speech (all times local): 4:05 p.m. French President Emmanuel Macron is proposing a European asylum agency and standard EU identity documents to better handle migration flows. Reported by FOXNews.com 34 minutes ago.
Viewing all 54901 articles
Browse latest View live




Latest Images