OSLO: Komplett Bank continues the cooperation with Axactor, and has entered into a new forward flow agreement for the sale of non-performing consumer loans in Norway. The agreement has a duration of 12 months. According to the agreement, Axactor will service the loans for the initial 180 days after they are sent to collection and…
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Otovo launches operations in Italy
OSLO: Otovo AS has launched its operations in Italy, which becomes the company’s 6th European market, a news release said. The residential solar market in Italy is one of the most attractive in Europe and expected to be worth more than 1,200 million euros annually by 2025. Otovo expects the Italian unit to contribute more…
Meltwater to acquire Klear for $17.8 million in a combination of cash and earn-out
OSLO: Meltwater B.V., a leading global SaaS provider of media intelligence and social analytics, has entered into an agreement to acquire Klear, an Israeli SaaS company and a market leader in the fast-growing influencer marketing space. For the full year 2020, Klear reached revenues of $7.6 million. Excluding earn-out, Meltwater has agreed to purchase Klear…
Voltalia wins 70MW of new wind projects in France
PARIS: Voltalia wins both projects it presented at the 7th call for tenders launched by the French Government, a news release said. A 100% success rate for Voltalia in France on call for tenders for wind projects after Argenteuil-sur-Armançon and Sarry. The first project called « Rives Charentaises » is located both in the Charente…
Orange offers a final price of 22 euros per Orange Belgium share
PARIS: Orange launched its public takeover bid on April 8 for the shares of Orange Belgium at a price of 22 euros per share. This price was determined on the basis of a multi-criteria valuation detailed in the prospectus relating to the offer approved by the Belgian Financial Services and Markets Authority (FSMA) on 31…
Hopium S.A launches subsidiary dedicated to blockchain technology
PARIS: Hopium S.A, the first manufacturer of high-end hydrogen vehicles, announced the launch of UNA, a subsidiary based in California that will be dedicated to blockchain technology. The French car manufacturer Hopium continues to imagine the future of mobility by integrating blockchain technology at the source of the development of its hydrogen vehicle, a first…
Green Minerals receives development grant from Forskningsrådet
OSLO: Green Minerals AS announced that Forskningsrådet, one of the Norwegian Government`s key vehicles to help finance innovation- and research projects, has granted development support to the Company through Skattefunn of NOK 1,9m. The risk-reduction support is provided towards further development of the Company`s proprietary DeepMineX (pending) software, key to the decision-gates in deep sea…
Total partners with Siemens Energy to reduce LNG related emissions
PARIS: Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas…
BEWI ASA acquires 51% of Danish paper packaging company Honeycomb Cellpack
OSLO: BEWI ASA has acquired 51 percent of the Danish paper packaging company Honeycomb Cellpack A/S, a news release said. Honeycomb provides protective packaging solutions, including design, development and manufacturing of sustainable packaging which is both recyclable and biodegradable. “Through this acquisition, we are broadening our product offering within protective packaging, in line with our…
Huddlestock receives the 2021 FinTech Innovator Award
OSLO: Huddlestock Fintech receives the 2021 FinTech Innovator Award. We are delighted to announce that Huddlestock Fintech has been named “FinTech Innovator of the Year” in the 2021 Technology Innovator Awards. “We are delighted to receive this years’ Technology Innovator Award for FinTech. A strong recognition of our innovative software solutions in wealth management and…
CGG leads European Space Agency plastic pollution innovation study
PARIS: A consortium led by CGG has been selected by the European Space Agency’s Space Solutions initiative to undertake a study aimed at developing new environmental monitoring technology and services to help combat the global marine litter crisis. CGG will collaborate with Mott MacDonald, a global engineering, management and development consultancy, and Brunel University London…
Sodexo Inc completes inaugural US dollar bond issue of $1.25 billion
ISSY-LES-MOULINEAUX: Sodexo Inc, the US subsidiary of Sodexo, has successfully completed yesterday a bond issue for a total principal amount of $1.25 billion in two tranches: $500 million due April 2026 with a coupon of 1.634% and $750 million due April 2031 with a coupon of 2.718%. This transaction is Sodexo Inc’s inaugural US dollar…