MILAN: Italy’s largest insurer, Generali, said Friday it has agreed to buy a 9.9% stake in Spain’s Banco de Crédito Cooperativo for 150 million euros. Banco de Crédito Cooperativo is the holding company of Grupo Cooperativo Cajamar, Generali’s bancassurance partner…
LONDON: AstraZeneca and Daiichi Sankyo have entered a clinical collaboration agreement with Summit Therapeutics Inc. to test a combination of two cancer drugs across multiple tumor types, including lung and breast cancers, the companies announced. The collaboration will evaluate Datroway,…
STOCKHOLM: After 35 years in the company and close to nine years as its President and CEO, Åsa Bergman has announced her resignation and that she will be leaving Sweco. The Sweco Board of Directors are now initiating the recruitment…
MILAN: Italgas, Europe’s largest gas distributor, said Friday it has agreed to acquire a 22.5% stake in Portuguese gas distribution company Floene from Japan’s Marubeni and Toho Gas for about €120 million ($130 million). Floene is Portugal’s leading gas distribution…
LONDON: Vaultz Capital plc, an Aquis Exchange-listed investment company, said it has invested 3 million pounds ($3.8 million) in a newly incorporated software company whose technology allows computer hardware to process artificial intelligence workloads beyond conventional memory limits. The company…
AMSTERDAM: Corbion today announced that CEO Olivier Rigaud has informed the Supervisory Board that he will not seek a third term as CEO when his current appointment expires at the Annual General Meeting of Shareholders (AGM) on 12 May 2027….
SYDNEY: Locality Planning Energy Holdings Ltd. said Friday it has signed three long-term utility infrastructure agreements that will add about 750 electricity and water service points, take the company into Victoria for the first time and bring a retail shopping…
PERTH: First Au Limited said Friday it has entered a binding agreement to acquire the Lady Jane Gold Project from ASX-listed Dynamic Metals Limited, expanding its Riverina tenure in the Ora Banda district of Western Australia’s Eastern Goldfields. The acquisition…
LONDON: Landsec announced that it has exchanged contracts to acquire a 100% stake in Metrocentre, Gateshead, circa two miles from Newcastle city centre, from Tynehawk Holdings (Jersey) Limited for a net cash consideration of £516 million. Based on in-place net…
LONDON: Inchcape plc, the leading independent global automotive Distributor, announced that it has agreed to acquire a Volvo business in Peru and Costa Rica, and a Jaguar Land Rover business in Peru, both from Automotores Gildemeister. Upon completion, the bolt-on…
PARIS: Antin Infrastructure Partners has acquired a majority stake in High Performance Helicopters Corp (“HP Helicopters”), a US specialty helicopter company. The investment is being made by Antin’s NextGen Fund I. Founded in 2005 by Brad and Tracey Bauder and…
SINGAPORE: Huawei Technologies unveiled its Mate 90 smartphone series on Thursday, betting on its in-house operating system and redesigned chip architecture to boost performance amid U.S. restrictions on advanced semiconductor shipments. Speaking to reporters ahead of the launch, Huawei consumer…