DWS Group Leads Investor Group into Buying Stake in Arabesque S-Ray
Posted on 07/18/2019
DWS Group led a group of investors to purchase a minority ownership stake in Arabesque S-Ray, a Frankfurt-based company for US$ 20 million. The other investors in the group are Allianz X, Commerz Real, and the federal state of Hessen. Arabesque S-Ray is a proprietary technology for assessing companies’ sustainability performance. DWS itself is getting a 2.7% in Arabesque S-Ray.
Allianz X is the digital investment arm of Allianz SE.
