BNET Industries
Last Fiscal Year Sales:$114.3B
- Public
- NL
Dow Jones Description
Fortify your investment! Fortis N.V (Euronet Ams: FORA) founded in 1990, provides banking, insurance and investment management services .With a revenue of $83 billion, it is one of the twenty largest financial institutions in Europe. Based in Utrecht, it employs 57,000 people. Its operations include network, commercial, and merchant banking; and its insurance products include life, health, and property/casualty lines and others. It has a presence in 44 countries and has a market capitalisation of EUR 39 billion. The company was rated number six in the top-50 best-performing European enterprises in the June 2005 issue of Business Week
Number of Employees 57,088
Peer Companies
NAICS Code Trust, Fiduciary, and Custody Activities: 523991
News & Analysis
Filter by
fortis n.v. and terasen inc. - All News and Analysis
Fortis Inc. Completes Terasen Gas Acquisition
- 2007-05-17
Fortis Inc. (TSX: FTS)("Fortis" or the "Corporation") announced today that it has completed the transaction to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan, Inc. (NYSE: KMI) for a purchase price of $3.7 billion. Terasen (formerly BC Gas Inc.),...
Fortis Inc. Receives BCUC Approval to Acquire Terasen
- 2007-05-01
The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX: FTS). On February 26, 2007, Fortis Inc. entered into an agreement to acquire Terasen from a wholly owned subsidiary of Kinder Morgan, Inc. (NYSE:...
Fortis Inc. Receives BCUC Approval to Acquire Terasen.
- 2007-05-01
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, May 1, 2007 CCNMatthews via COMTEX -- The British Columbia Utilities Commission ("BCUC") has approved the acquisition of all the issued and outstanding shares of Terasen Inc. ("Terasen") by Fortis Inc. (TSX:FTS). On February 26, 2007, Fortis Inc....
Fortis to acquire Terasen Inc. from KMI
- 2007-04-01
Kinder Morgan, Inc. has entered into a definitive agreement to sell Terasen Inc. to Fortis Inc., a Canadian-based company with investments in regulated distribution utilities, for approximately C$3.7 billion, including cash and assumed debt. Terasen Inc.'s principal assets include Terasen Gas Inc. and Terasen Gas Vancouver Island Inc., comprising...
Acquisition of Terasen Gas by Fortis Inc. Receives Competition Act Clearance
- 2007-03-21
Fortis Inc. (TSX: FTS) ("Fortis" or the "Corporation") announced today that it has received a no-action letter from the Competition Bureau of Canada in respect of the Corporation's previously announced agreement to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan,...
FORTIS PICKS UP TERASEN FOR $3.7 BILLION
- 2007-03-01
Power producer Fortis Inc., one of Atlantic Canada's biggest companies, bought the British Columbia natural gas distribution business of Terasen Inc., a wholly owned subsidiary of Houston, Texas-based Kinder Morgan Inc. KMI, it was announced in late February. The Canadian Competition Bureau cleared the $3.7-billion deal a month later. Approval...
Fortis Inc. to Acquire Terasen Gas for $3.7 Billion
- 2007-02-26
Fortis Inc. (TSX: FTS) announced today that it has entered into an agreement to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan Inc., a U.S. energy transportation, storage and distribution company based in Houston, Texas, for a purchase price of...
Fortis Inc. to Acquire Terasen Gas for $3.7 Billion; Creates the Largest Investor-Owned Utility in Gas and Electric Distribution in Canada.
- 2007-02-26
ST. JOHN'S, NEWFOUNDLAND and LABRADOR, Feb 26, 2007 CCNMatthews via COMTEX -- Fortis Inc. (TSX:FTS) announced today that it has entered into an agreement to acquire all of the outstanding shares of Terasen Inc. ("Terasen") from a wholly owned subsidiary of Kinder Morgan Inc., a U.S....
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alain Deschenes | CIO |
| Gilbert Mittler | CFO |
| Jean-Pierre Cardinael | CTO |
| Joop Feilzer | Chief, Institutional Relations |
| Antonio Nanez | Vice President, Global Commodity Group |
| Jos Clijsters | |
| Paul Votron | |
| Stad Rotterdam |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Annemieke Roobeek | Board of Directors |
| Baron Daniel Janssen | Board of Directors |
| Baron Philippe Bodson | Board of Directors |
| Baron Piet Van Waeyenberge | Board of Directors |
| Daniel Janssen | Board of Directors |
| Jacques Manardo | Board of Directors |
| Jan Slechte | Vice Chairman |
| Jan-Michiel Hessels | Board of Directors |
| Klaas Westdijk | Board of Directors |
| Philippe Bodson | Board of Directors |
| Piet Van Waeyenberge | Board of Directors |
| Rana Talwar | Board of Directors |
| Richard Delbridge | Board of Directors |
| Ron Sandler | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CIO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CFO | Current |
| CaiFor, S.A. | Board of Directors | Current |
| Fortis, Inc. | Chief Financial Officer | Former |
| Fortis, Inc. | Director of Fortis Group Finance & Development and Secretary | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | CTO | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Chief, Institutional Relations | Current |
| Fortis Investment Management Belgium SA | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice President, Global Commodity Group | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | Former | |
| The Catholic University of America | Masters degree in applied economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Fortis, Inc. | CEO | Former |
| ABN AMRO Holding N.V. | Senior Executive Vice President International Consumer Banking | Former |
| Citigroup Inc. | member | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Current | |
| Aegon | manager for marketing | Former |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| UCB, S.A. | Deputy Chairman | Former |
| UCB, S.A. | Board of Directors | Former |
| Harvard University | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Fortis, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| INSEAD | MBA | Former |
| University of Illinois | Master of Science degree in Agricultural Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Deloitte Touche Tohmatsu | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Vice Chairman | Current |
| Fortis N.V. | Vice Chairman | Current |
Mr. Hessels, age 66, is the chairman of the NYSE Euronext Board of Directors. He served as chairman of the supervisory board of Euronext since its creation in September 2000 until the merger of Euronext and NYSE Group. Before that, he was a member of the supervisory board of Amsterdam Exchange since its creation in 1997. He was the chief executive officer of Royal Vendex KBB from 1990 to 2000, and served on the supervisory boards of Royal Vopak N.V. (the Netherlands ) from 1999 to 2005, Laurus N.V. (the Netherlands ) from 1998 to 2004, B&N.com Inc. from 1999 to 2003 and Schiphol Group N.V. (the Netherlands ) from 1993 to May 2006. Mr. Hessels is the chairman of Royal Philips Electronics N.V. (the Netherlands ) and SC Johnson Europlant N.V. (the Netherlands ), and deputy chairman of the supervisory board of Fortis N.V. (the Netherlands/Belgium), and serves on the boards of Euronext Amsterdam N.V. (a subsidiary of Euronext), and Heineken N.V. (the Netherlands ). Mr. Hessels also serves on the international advisory board of SC John son Corporation. In addition, he chairs the board of the Netherlands Committee for Economic Policy Analysis.
| Organization | Position | Status |
|---|---|---|
| NYSE Euronext | Chairman | Current |
| Fortis N.V. | Board of Directors | Current |
| Euronext NV | Chairman | Former |
| The London School of Economics | Master of Law | Former |
| Morgan Stanley | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| University of Utrecht | Master's degree in Law | Former |
| University of Chicago | Master's degrees in Law and Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Standard Chartered plc | Group Chief Executive | Current |
| Fortis, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Kelley School of Business Bloomington | Member , Governing Body | Current |
| Standard Chartered plc | Group Executive Director | Former |
| Schlumberger Limited | Chairman of Sabre Capital Worldwide Inc. | Former |
| Schlumberger Limited | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Fortis N.V. | Board of Directors | Current |
| HSBC Holdings plc | Group Finance Director | Former |
| University of California, Berkeley | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Ironshore Technical Services, Inc. | Leader | Current |
| Northern Rock PLC | Non-Executive Chairman | Current |
| Computacenter plc | Chairman | Current |
| Oxygen Insurance | Chairman of Computacenter Plc | Current |
| Fortis, Inc. | Director | Current |
| Ironshore Technical Services, Inc. | Board of Directors | Current |
| Fortis N.V. | Board of Directors | Current |
| Palamon Capital Partners, LP | Chairman of Computacenter, Oxygen | Former |
| Stanford University | MBA | Former |
| Cambridge University | MA in engineering | Former |
Industry Transcripts by Seeking Alpha
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- The Many Faces of Michael Oxley 3 votes
