IPO

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for small and medium-sized companies (SMEs), welcomed ENERTIME, an innovative company specialising in energy efficiency for industry, for its first day of trading on Alternext Paris.

The European Commission has now approved the sale of Faurecia Automotive Exteriors to Plastic Omnium, subject to a commitment from Plastic Omnium to divest all of the bumper business in France and a site in Spain as well as the Front End Module business in Germany

Eurofins Scientific (EUFI.PA), a world leader in bioanalytical testing, announces that it has privately placed 606,061 newly-issued shares with La Caisse de dépôt et placement du Québec (“CDPQ”), one of Canada’s largest institutional fund managers, at a subscription price of EUR 330 per share, raising EUR 200m of additional cash for the Group.

The combined, global company provides digital payment products, services and processing to about 17,100 financial institution clients and partners, more than 40 million merchant outlets, and 3 billion Visa accounts worldwide. Visa–branded cards and payment products enable approximately $6.8 trillion in global payments volume annually.

Through its Incubator program, and to reinforce its service and growth strategy in the region, Michelin has invested in e Dai Bo, a Chinese start-up which provides valet parking services via a digital platform throughout China.