OSLO, NORWAY: Norwegian Air Shuttle announced the temporary restrictions on the use of CashPoints will be lifted from Monday 1 November. The company previously announced that the temporary restrictions would cease when the market improves, due to the number of travellers increasing in recent months and a positive trend in forward bookings it is time…
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Lleida.net and Smart Africa to digitize public services in the continent
PARIS, FRANCE: Lleida.net and the international organization Smart Africa have signed a Memorandum of Understanding to cooperate in the digitization of all types of public processes through the use of the SaaS services belonging to the Spanish company. Smart Africa is the African Union agency in charge of promoting the digitization of the continent. Its…
Julia Ehrhardt appointed on Bluestep Bank board
OSLO, NORWAY: Bluestep Bank AB has appointed Julia Ehrhardt new member of the Board of Directors in Bluestep Bank AB (publ). Julia has extensive background in the banking sector, lastly as the Chief Retail Banking & Business Development Officer at Hoist Finance, with previous roles within risk management, treasury as well as Head of Debt…
AutoStore Holdings’ bookbuilding prices IPO at NOK 31/share
NEDRE VATS: AutoStore Holdings has prices its initial public offer (IPO) at NOK 31/share. This price implies a market capitalization of AutoStore of approximately NOK 103.5 billion. AutoStore will sell 87.096 million treasury shares in connection with the Offering, raising an amount of NOK 2.7 billion. Funds/companies owned, managed or advised by Thomas H. Lee…
OCI and ADNOC complete Fertiglobe bookbuilding, raising over $795 million
AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe announced the successful completion of Fertiglobe’s IPO bookbuilding process, and the final offer price of its initial public offering (IPO). The price for the offering has been set at AED 2.55 per ordinary share and the offering size confirmed at 1.145 billion ordinary shares,…
Air Liquide acquires 100% stakes in H2V Normandy
PARIS, FRANCE: Air Liquide has increased its shareholding in H2V Normandy to 100% from previously held 40%. Renamed Air Liquide Normand’Hy, this company aims to build a large-scale electrolyzer of at least 200 MW for the production of renewable hydrogen in France. This strategic investment will support the development of a low-carbon hydrogen ecosystem in…
Airbus-led consortium selected for European mobile broadband project
PARIS, FRANCE: Airbus DS SLC-led consortium that includes STREAMWIDE, has been selected for Phase 3 of the BroadWay PCP Innovation pan-European interoperable mobile broadband project for public security and disaster relief. Following the successful completion of Phase 2 last July, Airbus’ submitted offer has thoroughly convinced the Technical Validation Committee (TVC) and Lead Procurer for…
Tufton Oceanic divests Handysize Bulker Dragon for $16.2m
OSLO, NORWAY: The Board of Tufton Oceanic Assets Limited has agreed to divest the Handysize Bulker Dragon for $16.2m. The vessel is, taking its charter into account, being sold for 119% of depreciated replacement cost (“DRC”). It was acquired for 74% of DRC in 2018. This sale of Handysize Bulker Dragon, together with the Handy…
Erik Digman Wiklund appointed new CEO of Targovax ASA
OSLO, NORWAY: Targovax ASA announced the appointment of Dr. Erik Digman Wiklund as Chief Executive Officer (CEO). Dr. Wiklund has intimate knowledge of the company and its technology having served as Chief Business Officer (CBO) and Chief Financial Officer (CFO) of Targovax since 2017. Dr. Erik Digman Wiklund said: “I am very excited to be…
Dick Richelle nominated new CEO of Royal Vopak
ROTTERDAM, NETHERLANDS: The Supervisory Board of Royal Vopak announced the upcoming succession of Eelco Hoekstra after having served 11 years as Chairman of the Executive Board and CEO of Royal Vopak. The Supervisory Board will nominate Dick Richelle to become Chairman of the Executive Board and take over as CEO as per 1 January 2022….
Handelsbanken exiting from Denmark and Finland
OSLO, NORWAY: Handelsbanken has initiated the process to divest its operations in Denmark and Finland, markets that account for 10% of the income, 13% of the costs, and 8% of the operating profit within the group. The capital allocated to the operations in Denmark and Finland amounts to a total of approximately SEK 15 billion….
i2S renforce sa capacité d’innovation dans la Vision intégrée
i2S, spécialiste de la capture et du traitement d’images depuis plus de 40 ans, annonce l’acquisition de la société d’imagerie sous-marine ORPHIE.L’acquisition d’ORPHIE s’inscrit pleinement dans l’orientation annoncée dans le plan stratégique 2019- 2023 de capitaliser sur le savoir-faire d’i2S en vision intégrée, pour se spécialiser dans des domaines d’application de l’imagerie avec des solutions…