PARIS: Brookfield (NYSE: BAM, TSX: BAM), together with its institutional partners including Brookfield Renewable and Temasek, through a special purpose vehicle exclusively controlled by Brookfield, has entered into exclusive negotiations to purchase a 53.32% shareholding in Neoen, a leading global renewable energy developer headquartered in France, from Impala, the Fonds Stratégique de Participations (FSP), Cartusia…
Author: Chenos Kahn
Poujoulat SA has acquired 80% of Convesa
PARIS, FRANCE: Poujoulat SA has acquired 80% of the capital of Convesa, one of the top three Spanish manufacturers of metallic chimney flues. This strategic acquisition allows the Poujoulat Group to significantly increase its international presence. Founded 50 years ago, Convesa has become a significant player in the market for modular metallic chimney flues. Convesa…
ABN AMRO agrees to acquire Hauck Aufhäuser Lampe (HAL) for EUR 672 million
AMSTERDAM: Today, ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a leading German private bank. ABN AMRO has agreed to purchase HAL from Fosun International for a consideration based on HAL’s shareholders equity as of the closing date. ABN AMRO will pay EUR 672 million at…
Cochlear acquires Demant’s cochlear implant business
SYDNEY, AUSTRALIA: Cochlear Limited, a global leader in implantable hearing solutions, today announced the completion of its acquisition of the Oticon Medical cochlear implant business from Demant, with all required conditionality satisfied. Following Demant’s decision to discontinue its efforts in hearing implants, Cochlear has acquired Demant’s cochlear implant business for a zero headline purchase price….
ABL Group to acquire Ross Offshore in a NOK 100 million deal
OSLO, NORWAY: ABL Group has entered into an agreement to acquire 100 percent of the shares of specialist energy consultancy Ross Offshore from Moreld Group. The transaction values Ross Offshore at NOK 100 million (equivalent to USD 9.2 million at current FX rates) on a cash and debt free basis, based on locked box accounts…
Apple launches ultra-thin iPad Pro with next-gen M4 chip, most advanced display
Apple has announced the launch of its latest iPad Pro models, boasting an ultra-thin design and cutting-edge technology. The new iPad Pro is available in two sizes: a compact 11-inch and a larger 13-inch, both featuring the revolutionary Ultra Retina XDR display with tandem OLED technology for an unparalleled visual experience. At the heart of…
Norva24 Group acquires Nordic Powergroup Holding for DKK 138 million
COPENHAGEN, DENMARK: Norva24 Group AB, the market leader in underground infrastructure maintenance (UIM) in Northern Europe, keeps growing through value-accretive acquisitions. The company announced the acquisition of the clear leader in the high-pressure flushing market in Denmark, Nordic Powergroup Holding A/S (NPG). With the acquisition, Norva24 manifests the number one position within underground infrastructure maintenance…
SmartCraft ASA has acquired SaaS company Clixifix Ltd for GBP 10.2 million
OSLO, NORWAY: SmartCraft ASA has expanded into the UK market and opens a vast market opportunity outside the Nordics through the acquisition of the construction SaaS company Clixifix Ltd. The acquisition adds an annual recurring revenue (ARR) of GBP 2.76 million. The transaction is based on an enterprise value of GBP 10.2 million, which will…
Jordanes AS announces NOK 1.5 billion IPO on the Oslo Stock Exchange
OSLO: Jordanes AS, parent company of Jordanes Investments AS, announced its intention to launch an initial public offering (IPO) of its shares and to apply for a listing of its shares on the main list of the Oslo Stock Exchange. Jordanes AS is a well-established Scandinavian brand house that focuses on everyday brands. The Group…
EG Norge to offer NOK 20/share to buy all outstanding shares of Carasent ASA
OSLO, NORWAY: EG Norge AS is contemplating launching a voluntary cash offer to acquire all outstanding shares of Carasent ASA at a price of NOK 20 per share. The offer represents a premium of 81.8% to closing price the last trading day before Carasent ASA published the Q1 2024 report including the revised financial targets…
Polaris Media sells 9.99% stake in Finn.no AS to Schibsted ASA for NOK 2.5 billion
OSLO, NORWAY: Polaris Media ASA has signed an agreement to sell its 9.99% stake in Finn.no AS to Schibsted ASA. Polaris Media has been a minority owner in FINN since its incorporation in 2000. The total transaction value in the agreement is NOK 2.5 billion on an equity basis. Schibsted will settle the transaction by…
MYTILINEOS eyes international expansion with potential London Stock Exchange listing
MYTILINEOS Energy & Metals, the Greek industrial powerhouse, has announced a strategic review of its options, including a potential listing on the London Stock Exchange. This decision comes as the company celebrates a period of remarkable growth, with revenues and profitability quadrupling in the past five years. The company, which has been a staple of…