PARIS, FRANCE: Bouygues SA has submitted a binding offer to Engie to acquire Equans. The proposed acquisition of Equans forms part of Bouygues’ strategy to create a major player in multi-technical services within the Group. As stated on 7 September 2021, Bouygues would not require a capital increase to finance this transaction. The divestment process…
Category: Euronext
Euronext, euronext stock exchange, euronext exchange, euronext nv, stock exchange euronext
Ekinops acquires edge computing start-up, SixSq
PARIS, FRANCE: Ekinops, leading provider of telecommunications solutions dedicated to telecommunications operators and businesses, announced the acquisition of the start-up SixSq, a software publisher in SaaS mode (Software-as-a- Service) dedicated to Edge Computing. Based in Geneva, Switzerland, SixSq provides an ultra innovative solution that allows companies to take advantage of the added value of Edge…
Unibail-Rodamco-Westfield partners AXA IM to develop Triangle Tower in Paris
AMSTERDAM: Unibail-Rodamco-Westfield (URW) signed a co-investment partnership with AXA IM Alts, for the Triangle Tower, a major new development in Paris. Designed by Jacques Herzog and Pierre de Meuron, winners of the prestigious Pritzker Prize, the Triangle Tower creates a significant, lively urban space for Parisians, linking to the city of Issy-les-Moulineaux, and contributing to…
Claranova buys all minority interests in Avanquest for €99.9mn
PARIS, FRANCE: Claranova announced the completion of the buyout of all minority interests in Avanquest, its software publishing division, as announced on August 11, for a total consideration of €99.9 million, including a purchase price adjustment of €1.5 million based on Avanquest’s cash position. On this basis, the total value of the division’s shares amounted…
BillerudKorsnäs divests the Beetham mill
STOCKHOLM, SWEDEN: BillerudKorsnäs has agreed with the British investment firm Inspirit regarding the divestment of the Beetham mill. The purchase price corresponds to an equity value of around SEK 30 million. “The strategic importance of the Beetham mill for the rest of the group has been reduced since the investments in machine glazed (MG) paper…
Wolters Kluwer acquires LicenseLogix
AMSTERDAM: Wolters Kluwer Governance, Risk & Compliance (GRC) has acquired LicenseLogix LLC, a provider of U.S. business licensing services. LicenseLogix is a premier provider of comprehensive business license services, including research, filing and ongoing compliance management. The company has been a strategic partner of GRC’s CT Corporation for over five years and today serves more than 800 corporate customers of all…
Glamox CEO Rune Marthinussen to retire
OSLO, NORWAY: Glamox AS announces that Rune Marthinussen, Chief Executive Officer & President, plans to retire from the company next year. The Board of Directors has appointed Astrid Simonsen Joos to succeed him as Chief Executive Officer of Glamox. The change takes effect 1 August 2022. Rune Marthinussen has agreed to support Astrid full time…
BIO-UV Group to acquire Corelec
PARIS, FRANCE: BIO-UV Group signed a protocol to acquire 100% of the capital of the company Corelec, one of the French leaders in swimming pool water treatment solutions by salt electrolysis. The acquisition will be finalized and effective no later than November 9, 2021. Through this operation, BIO-UV Group significantly strengthens the activity of its…
Fabrizio Testa nominated as new CEO for Borsa Italiana
AMSTERDAM: Euronext announced the Board of Directors of Borsa Italiana and the Supervisory Board of Euronext N.V. have respectively nominated Fabrizio Testa, currently CEO of MTS, as CEO of Borsa Italiana, and as Head of Fixed Income trading for the Group and member of the Managing Board of Euronext N.V. Raffaele Jerusalmi will step down…
BNP Paribas launches a share buyback program of 900 million euros
PARIS, FRANCE: BNP Paribas announced the launch of a share buyback program of BNP Paribas S.A. ordinary shares for a maximum total amount of €900 million. BNP Paribas has received the approval from the European Central Bank and a contract was concluded with an investment services provider acting independently, entrusted by an irrevocable instruction to…
FPK invests SEK 500 million in Heimstaden Bostad
OSLO, NORWAY: Swedish pension fund, Försäkringsbranschens Pensionskassa (FPK), invests SEK 500 million in Heimstaden Bostad, partnering with industrial owner Heimstaden AB and institutional investors Alecta, Folksam Group, the Swedish Pensions Agency, and Ericsson and Sandvik’s pension funds. “FPK is a long-term institutional owner with a focus on responsible growth, value creation, and sustainability. We are…
Kongsberg to sell Light-Duty Cables business to Suprajit for EUR 37.7mn
ZURICH: Kongsberg Automotive has entered into an agreement for the sale of the Light-Duty Cables (LDC) business unit to Suprajit Engineering Limited. The two companies entered into a definitive agreement on October 28, 2021. Under the terms of the transaction, Suprajit will acquire Kongsberg Automotive’s LDC business unit for an Enterprise Value of EUR 37.7…