• LetterOne & BASF merge their oil and gas businesses

    07 December 2017

    BASF and L1 Energy, the energy investment arm of LetterOne, announce their intention to merge their oil and gas subsidiaries

  • UK's new entrepreneurial development powerhouse

    16 November 2017

    New Entrepreneurs Foundation joining forces to become new UK entrepreneurial development powerhouse

  • Winners of £135,000 Indigo Economics Prize announced

    30 October 2017

    • Indigo Prize challenged entrants to consider how best to measure economic activity to stimulate debate about factors currently measured in 21st century economy • £125,000 first and second prize to be awarded to joint winners proposing ideas to extend and radically shake-up GDP • £10,000 third prize awarded to 19 year-old Geography university student Alice Lassman • Judging panel included Mervyn Davies, Jim O’Neill, Stephanie Flanders, Lynda Gratton, Dominic Barton, Ed Vaizey, Brent Hoberman, Gus O’Donnell and Mikhail Fridman • Entries are available online at: http://global-perspectives.org.uk/indigo-prize/

  • DEA Deutsche Erdoel AG becomes operator in Mexico

    05 October 2017

    German E&P company acquires 50% licence share in producing oil field.

  • DEA appoints Maria Moraeus Hanssen as CEO

    06 September 2017

    DEA Deutsche Erdoel AG, the international oil and gas company wholly owned by LetterOne, today announces the appointment of Maria Moraeus Hanssen as its new CEO and Chairman of the Management Board. The appointment is expected to take effect in January 2018, when Hanssen will succeed Thomas Rappuhn, who is handing over after 30 years at the company, including 12 years on the Executive Board and 8 years as CEO.

  • Major new economics competition launched: £100,000 Indigo Prize

    05 July 2017

    • Indigo Prize aims to find new ways to measure economic activity beyond GDP • Winner will receive £100,000, with runners-up receiving £25,000 and £10,000 • Judging panel includes Jim O’Neill, Stephanie Flanders, Ed Vaizey and Gus O’Donnell

  • L1 Retail buys Holland & Barrett

    26 June 2017

    London, UK – The Board of The Nature’s Bounty Co. and The Carlyle Group (NASDAQ: CG) today announced that L1 Retail, the retail investment arm of LetterOne, has agreed to purchase Holland & Barrett for £1.77 billion.

  • Karl-Heinz Holland, former CEO of Lidl, appointed to L1 Retail Advisory Board

    04 May 2017

    LetterOne (L1), the international investment business, headquartered in Luxembourg, today announced Karl-Heinz Holland has been appointed to the L1 Retail Advisory Board with immediate effect.

  • L1 to invest up to $3bn in retail; John Walden and Clive Humby appointed to Advisory Board

    19 December 2016

    LetterOne (L1), the international investment business, today announces the launch of L1 Retail, a new retail investment arm.

  • LetterOne announces investment in Qvantel

    31 October 2016

    LetterOne (L1), the international investment business, headquartered in Luxembourg, today announces that it has made a strategic investment in Qvantel, the leading provider of cloud-based Business Support Solutions (“BSS”) for telecom operators.