Schneider Electric launches all-in-one battery energy storage system for microgrids
PARIS: In response to the growing need for energy resilience, Schneider Electric has launched a new Battery Energy Storage System (BESS), marking a significant advancement...
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...
Tietoevry halts banking business demerger, opts for in-group specialization
OSLO, NORWAY: Tietoevry has halted the demerger process of its Banking business, initially set in motion on July 22, 2022. The company had previously considered...
Casino Group announces major transformation plan amidst financial restructuring
PARIS: Casino Guichard-Perrachon, commonly known as Casino Group, has unveiled a comprehensive transformation plan. The initiative comes on the heels of a challenging financial period...
IMCD Spain to acquire Cobapharma
ROTTERDAM: IMCD Spain has signed an agreement to acquire 100% of the shares in Cobapharma S.L.U, a European distributor in the pharmaceutical and nutraceutical industry....
TotalEnergies and Vanguard to develop renewable natural gas in the United States
PARIS: TotalEnergies and Vanguard Renewables have joined forces to establish a joint venture that promises to revolutionize the production of renewable natural gas (RNG) in...
DNB reports Strong Q1 2024 results: NOK 10.2 billion profit amid resilient economy
OSLO, NORWAY: DNB, Norway’s premier financial institution, has disclosed its financial outcomes for the first quarter of 2024. The bank’s profit was reported at NOK...
Blue Ocean to acquire 39.03% of Golden Energy Offshore Services for $39.5 million
OSLO, NORWAY: Blue Ocean GEOS MI LLC has entered into a binding share purchase agreement to acquire 195,796,161 shares of Golden Energy Offshore Services AS...
Legrand has acquired Enovation and Netrack
Legrand (Paris:LR) has announced the acquisition of two leading companies in the burgeoning fields of assisted living, healthcare, and datacenters. This strategic expansion is set...
BenevolentAI refocuses business strategy, cuts workforce by 30%
Amsterdam-based biopharma AI leader BenevolentAI announced a strategic shift to concentrate on AI-driven drug discovery and proprietary pipeline revenue streams. The decision follows the discontinuation...
TotalEnergies to acquire remaining 50% in SapuraOMV for $530 million
PARIS: TotalEnergies (NYSE:TTE) has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and...
Nordic Aqua announces successful first harvest of Atlantic Salmon in China
OSLO: Nordic Aqua (OSE: NOAP), a pioneer in land-based salmon farming in China, announced the successful completion of its first harvest of Atlantic salmon, produced...