Institutional investors accuse Fortis NV of misrepresenting itself to shareholders and to the general market. Fortis Bank, presently renamed Ageas, was the biggest finance company in the Netherlands and in Belgium before it went under in 2008. It is accused of giving out false information about its financial condition, before it went under. Investors have…
Category Archives: Netherlands
Jammu & Kashmir Will Receive Aid From The Netherlands To Invest In Agriculture
The Jammu and Kashmir Government was given assurances that the Dutch government will give complete support to help develop the areas agriculture and related industries to help develop the state’s economic well-being. Jeroen Roodenburg, the Netherlands’’ assistant ambassador to India, met in New Delhi with Ghulam Hassan Mir, Jammu & Kashmir’s agriculture minister. Roodenberg reiterated…
Adtraxion And Princen Internet Diensten Create Web-Based Digital Signage
Adtraxion Systems, has partnered with Princen Internet Diensten which is a company of the Princen Group. Adtraxion Systems works in the European market, giving digital signage solutions to its customers. Princen Internet Diensten and Adtraxion will offer businesses the PG Portal, an online portal created by Princen Internet Diensten. This portal is 100 percent compatible…
DSM Ready to Purchase Martek
DSM has made an agreement to purchase Martek Biosciences Corporation for $1,087,000 in cash. The transaction will take place in the first or second quarter of 2011. “This acquisition is an attractive and logical next step for DSM,” explained the CEO/Chairman of the DSM Managing Board, Mr. Feike Sijbesma. “Martek’s leading position in healthy, natural…
Draka Continues Negotiations With Xinmao: Meanwhile, Prysmian Offer Progresses
Dutch cable manufacturer, Draka Holding NV (DRAK.AE), announced Wednesday it continues negotiations with China’s Tianjin Xinmao Science & Technology Investment Group, even though there is an agreed takeover offer from Italy’s Prysmian SpA is proceeding. The Amsterdam-based company said it will conduct a general meeting on Jan. 26 to deal with Prysmian’s EUR840 million takeover…
ProSiebenSat.1 May Sell TV channels
ProSiebenSat.1, A German media group, may be selling parts of its activities in the Netherlands, Scandinavia and Belgium. Investment bank JP Morgen has been commission to evaluate what contributions the sales of various business areas could contribute, according to CEO Thomas Ebeling. The evaluation should determine which parts of the company would achieve “an attractive…
Netherlands’ Connected TV Market Poised To Expand
According to GFK, in 2010, approximately 425,000 connected TVs have being sold in the Netherlands. In 2011, about 20 percent of televisions sold will be connected and in 2012, an estimated 40 percent of TV sets purchased will be connected. This equals about 1.2 million sets. In 2013, over 60 percent of Televisions sold will…
3i Group to acquire Stork Materials Technology
The Netherlands Company, Stork N.V., an aerospace company will sell Stork Materials Technology B.V. (SMT), a provider of product testing, materials testing, consulting services and failure analysis. 3i Group plc, a UK-located private equity and venture capital firm is buying SMT for GBP130 million. Deloitte LLP, McKinsey & Company, Rothschild, Inc. and Wyvern Partners are…
The Dutch Investments Increase In Turkey
According to the Ambassador of the Netherlands in Turkey, Dutch investments in Turkey will expand because of the improving environment for investments. Ambassador Jan-Paul Dirkse explained that Turkey’s improving investment environment and has led to extensive trade ties between the Netherlands and Turkey. “Dutch companies invested EUR 4.3 billion in Turkey in the year 2009,…
SIOS Technology Corp. Joins With Computerlinks Netherlands To supply Resellers and Customers With Business Continuity Solutions
SIOS Technology Corp., a provider of cloud computing, business continuity solutions and data center management for small and medium sized companies, announced that Computerlinks Netherlands will be providing SIOS’ SteelEye business continuity and disaster recovery solutions to integrators and resellers in the Benelux area. The SteelEye package guarantees continuing availability of business-critical applications, servers and…
