Sharing Economy News: Investors claim billions in VW – Number of large mergers through the roof

Tuesday, March 15, 2016

Investors claim billions in VW – Number of large mergers through the roof – MT Management Team

Every day presents MT business from the news of the day in 10 points. Today:

1. Investors claim 3.3 billion from VW

A group of a total of 278 institutional investors at the court in Braunschweig, Germany filed a claim of 3.3 billion euros at Volkswagen. They feel that the carmaker has defaulted on the information surrounding the diesel scandal. The group consists of claimants from countries including Germany, the Netherlands, Australia, Austria, Canada and the United States. It is the largest claim filed against the company so far in Germany.

2. KLM find ‘puzzle piece’ in India

With the advent of the Indian Jet Airways flights to Schiphol KLM has an important growth market to be added to its global network. India was after America, China and Brazil the last “missing piece of the puzzle,” said KLM CEO Peter Elbers Monday. Together with the American Delta Air Lines connect KLM and Jet Airways from March 27 three continents together. Schiphol Airport is the hub for such cooperation.

The two companies have been working together since 2013 by offering connecting flights to each other’s long routes. That will soon happen on a much larger scale. Schiphol get there with Mumbai a destination that now flies direct any airline. In addition, the company will fly to Delhi and Toronto in Canada.

3. Shareholders see Ahold and Delhaize merger or sit

The shareholders of Ahold and Delhaize agreed Monday with almost communist majorities in the merger of the two supermarket chains. Of Ahold’s shareholders voted 99.97 (!) Percent in the merger with Delhaize was about 99.58 (!) Percent. At the supermarket giant Royal Ahold, Delhaize, headquartered in Zaandam, working as the merger is completed more than 375,000 employees in more than 6,500 stores in Europe and the US

4. Ryanair proves:. Be nice to help
Ryanair used a new strategy to be customer friendly. And this new approach works. “If I had known it nicer for customers was good for the company I had started earlier with for years,” said CEO Michael O’Leary.

Where Ryanair as prizefighter first wanted everything especially cheap, the strategy is the last years, was slightly shifted. O’Leary decided to include the requirements of hand luggage which to relax and make the site more user friendly. Several other cost items were deleted and the staff was instructed to be friendly to customers. So what seems to help. Where growth in passenger numbers in 2013 still remained stabbing between 1 and 3 percent, it grows again this year monthly by 10 percent or more, writes The Wall Street Journal .

5 . Delta Lloyd allowed Wednesday to vote

The insurer Delta Lloyd may leave Wednesday its shareholders vote on its proposed rights issue. That determined the Enterprise Chamber of the Amsterdam Court Monday. The case was brought by shareholder Highfields Capital, who felt that postponing the vote on the proposed rights offering of Delta Lloyd, because the insurer would exaggerate financial problems. Highfields was last week supported by fellow shareholder Fubon, but in vain, so therefore now turns out.

The Delta Lloyd issue of shares worth 650 million euros to strengthen its reserves in order to meet better the more stringent requirements imposed by regulators to insurers. The insurer is supported by the Dutch Central Bank, which finds the appropriate capital gain.

6. Royal HaskoningDHV doubles earnings

Amersfoort engineering company Royal HaskoningDHV past year has nearly doubled net profit from 6.3 million to 11.8 million. Revenue rose slightly to 654.5 million euros. New orders meant that the value of the order book in 2015 with more than a quarter rose to about 300 million euros.

In particular, new work in the construction of a new airport in Mexico City contributed there at. Closer to home, the company dragged jobs within to include the widening of the A1 motorway and the construction of a canal linking Paris to Lille.

7. Number of mergers in 2015 through the roof

the value of mergers and acquisitions in the Dutch market has increased considerably last year. In 2015, a total of 556 transactions account for 179 billion euros. That is more than three times higher than the 51 billion euros in 2014, according to KPMG. Remarkably, since the number of transactions actually fell, by 1.1 percent. They are therefore especially large transactions, such as Shell and BG, Ahold and Delhaize and NXP and Freescale, which have increased the total value.

Worldwide announced a total of 17 425 mergers and acquisitions last year. The number has not been this high since 2007. The total value of these transactions increased by 55.5 percent to 3.861 billion euros. Europe accounted for about 40 percent of transactions worldwide

8. Manager of the Day:. Ko Colijn

Ko Colijn, for years the familiar face of the Clingendael Institute in the Hague gets a successor. As of July 1 Monika Sie Dhian Ho succeed him as director, as announced Monday the knowledge institute. The 49-year-old Sie, who studied political science in Rotterdam, is now director of the Wiardi Beckman Foundation, the scientific bureau of the Labour Party. Colijn ( photo ), which occurred five years was director of the Wassenaar Institute and expert regularly linked in the media, remains as an expert at Clingendael.

9. Number of the day : 2.1

the industrial production in the eurozone rose by 2.1 percent in January compared to a month earlier. That made statistics agency Eurostat said Monday. It is the largest increase in more than six years.

The largest increase in production in the EU Member States on a monthly basis was measured in Ireland (a plus of 12.7 percent). In the Netherlands there was a production growth of 2.1 percent

10. Coffee machine:. Record temperatures

Usually on this place messages at least bring about a smile. Not today. For although the temperatures outside do not feel uncomfortable for the time of year, there is indeed something disturbing going on, according to NASA. February worldwide set a temperature down, all previous records with an “incredible margin” shattered, says the aerospace or climate organization.

shocker “and a” climate emergency , “the climate scientists who very careful normally when it comes to the average of only one month. But the difference is so great that they are anyway hard to sound the alarm. In February, the average temperature 1.35 degrees Celsius warmer than the average for this month between 1951 and 1980, a huge “improvement” of the previous record, which was last month, when it was 1.15 degrees warmer than in average January month. And while in 2015 already by far the hottest year on this planet are gathered since the data. Something over again by talking with your coffee?