Cagan Koc

3 weeks ago | news.bloomberglaw.com | Gautam Naik |Cagan Koc

ING Groep NV is being sued in the Netherlands for allegedly failing to take adequate steps to rein in its emissions. The Dutch branch of Friends of the Earth, Milieudefensie, contends that ING “has a huge impact on the climate and must take responsibility for it,” according to the text of the suit it sent to ING on Friday.

3 weeks ago | financialpost.com | Gautam Naik |Cagan Koc

The Dutch branch of Friends of the Earth, Milieudefensie, contends that ING “has a huge impact on the climate and must take responsibility for it,” according to the text of the suit it sent to ING on Friday. “ING must clearly report all emissions for which the company is responsible, but must also halve those emissions.”A spokesperson for the Dutch bank confirmed receipt of the filing.

1 month ago | bloomberg.com | Pamela Barbaglia |Vinicy Chan |Cagan Koc

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1 month ago | news.bloomberglaw.com | Pamela Barbaglia |Vinicy Chan |Cagan Koc

Japanese shipping company Mitsui OSK Lines Ltd. agreed to acquire petrochemical storage operator LBC Tank Terminals, partly owned by French private equity firm Ardian SAS, for about $1.7 billion. The transaction is in-line with Mitsui OSK’s plan to rebalance its portfolio to include more non shipping revenues, according to a statement on Monday. APG Asset Management and PGGM are also shareholders of LBC and have agreed to sell their stakes.

1 month ago | news.bloombergtax.com | Pamela Barbaglia |Vinicy Chan |Cagan Koc

Japanese shipping company Mitsui OSK Lines Ltd. agreed to acquire petrochemical storage operator LBC Tank Terminals, partly owned by French private equity firm Ardian SAS, for about $1.7 billion. The transaction is in-line with Mitsui OSK’s plan to rebalance its portfolio to include more non shipping revenues, according to a statement on Monday. APG Asset Management and PGGM are also shareholders of LBC and have agreed to sell their stakes.