TROMSØ, NORWAY: ArcticZymes Technologies (OSE:AZT) announced the nomination of Dr. Frank Mathias as the new Chairman of the Board. Dr. Mathias is the CEO at Oxford Biomedica, a leading pure-play CDMO within the cell and gene therapy industry. Dr. Mathias was previously the CEO of Rentschler Biopharma SE, which he successfully developed into a leading…
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Aegon Ltd plans creating a leader in the UK savings and retirement market
The Hague: Aegon Ltd announced its plans to accelerate the transformation of Aegon UK into a leading digital savings and retirement platform. The plans will be outlined at a webinar hosted from London by Lard Friese, CEO of Aegon, and Mike Holliday-Williams, CEO of Aegon UK, together with other senior leaders of Aegon UK. Aegon…
HydrogenPro investing in capacity to increase production of Gen3 electrodes
PORSGRUNN: HydrogenPro ASA (OSE: HYPRO) will invest in a new production line for its Gen3 electrodes. Total annual capacity will be a minimum of 90-100 MW and the production is expected to start Q1 2025. HydrogenPro ASA has over a long period of time developed a unique Gen3 electrode technology that enables electrolyzers to produce…
TotaEnergies wins maritime lease in the north sea to develop 1.5 gw of offshore wind
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), as shareholder of Offshore Wind One GmbH, has been awarded the maritime concession N-11.2 by the German Federal Network Agency, following auctions held in Germany. Stéphane Michel, President Gas Renewable and Power of TotalEnergies, “Building upon the successful award of concession N-12.1 in the German North Sea last year, the…
EssilorLuxottica and Diesel announce a ten-year licensing agreement
PARIS: EssilorLuxottica and Diesel announced today that they have signed an exclusive license agreement for the design, manufacture, and worldwide distribution of Diesel eyewear. The agreement will be effective immediately until December 31, 2029, with an automatic renewal option of an additional five years. The first collection under the agreement will be available on the…
Eurazeo invests in Rydoo, a provider of expense management solution
PARIS: Eurazeo, through its Small-mid buyout team, announced its investment in Rydoo, a leading global provider of expense management solutions. Rydoo’s product offering empowers corporate clients to manage and control employee spending through smart and automated expense management solutions. The transaction will be the ninth investment for Eurazeo PME IV and sits at the core…
Technip Energies to develop oil and gas condensate field Karachaganak in Kazakhstan
PARIS: Technip Energies (PARIS:TE), through its joint-venture TKJV LLP with KPSP, announced the signing of a long-term services frame agreement with Karachaganak Petroleum Operating B.V. (KPO) for the development of the Karachaganak Field, located in northwest Kazakhstan near Aksai. This five-year agreement covers a comprehensive range of services, from consulting and concept to detailed engineering,…
GiG signs deal to acquire SEO and content services supplier, Titan Inc.
Gaming Innovation Group Inc. (GiG) has signed a head-of-terms agreement to acquire Titan Inc. Limited, a premier SEO and content services supplier
DNB Bank ASA will buy back up to 1.0 percent of the company’s own shares
OSLO, NORWAY: DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 1.0 percent of the company’s own shares, which represents a total of 14,925,301 shares. The buy-back programme was adopted based on an authorisation given by the Annual General Meeting held on 29 April 2024. The Financial Supervisory Authority of…
BEWI initiates strategic review of the automotive business
OSLO, NORWAY: BEWI ASA, a leading provider of packaging, components, and insulation solutions, today announces that the group is initiating a strategic review process for its automotive business. BEWI’s automotive business is a leading specialist in the manufacturing of advanced insulation and soundproofing solutions for the automotive industry. The activities are currently reported under the…
Frende banks acquires 70% interest in Borea Asset Management
Frendegruppen to buy 70 percent of the asset management company Borea Asset Management.
TotalEnergies sells TotalEnergies EP Brunei to Hibiscus Petroleum for $259 million
PARIS: TotalEnergies (Paris:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259 million. The transaction is expected to close in the fourth quarter 2024. TotalEnergies EP (Brunei) B.V. owns and operates…