OSLO: The Board of Directors of Danske Bank A/S has appointed Carsten Egeriis as Chief Executive Officer. He replaces Chris Vogelzang, who has informed the Board that he wishes to resign from his position. This follows a decision by the Dutch authorities to name him a suspect in connection with their investigations of potential violations…
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Sikri Holdings acquires Ambita AS in a NOK 950 million deal
OSLO: Sikri Holding AS has entered into a binding agreement with the Norwegian Ministry of Trade, Industry and Fisheries (NFD) regarding the acquisition of Ambita AS. The agreed enterprise value is NOK 950 million per 31 December 2020 (purchase price NOK 962.8 million). NOK 50 million of the purchase price will be settled by a…
Sanofi completes acquisition of Kiadis Pharma
AMSTERDAM: Sanofi has completed the acquisition of Kiadis, a clinical-stage biopharmaceutical company developing next generation ‘off-the-shelf’ NK cell-therapies, a news release said. Kiadis’ proprietary platform is based on allogeneic or ‘off-the-shelf’ NK-cells from a healthy donor. NK-cells seek and identify malignant cancer cells and have broad application across various tumor types. The platform has the…
Spanish technology company, FacePhi lands in Vietnam
PARIS: FacePhi maintains its momentum in Asia with the signing of a new agreement with Pinetree Securities, the digital leading finance company specialized in online investment services in Vietnam. This project represents the entry of Spanish technology into the Vietnamese market, marking a new milestone in its rapid expansion across the Asian continent, just two…
Cyviz to jointly develop Microsoft Technology Centers in Europe and Asia
REDMOND: Microsoft Corporation has selected Cyviz to jointly design, develop and deliver next-generation visual collaboration solutions for Microsoft Technology Centers (MTC) worldwide. Microsoft will standardize on the Cyviz Easy Software Platform to deliver impressive customer experiences and in-depth technical engagements enabling digital transformation. Cyviz and Accenture to deliver next-generation visual collaboration solutions for Expo 2020…
Alstom to supply 20 trains for Region of Lombardy in Italy for €125 million
PARIS: Alstom has signed a contract with FERROVIENORD for the supply of 20 regional trains intended for the regional railway service of the Region of Lombardy for a total value of €125 million, a news release said. This is the second contract within a framework agreement signed in November 2019 with FNM S.p.A.. The trains…
HEINEKEN to be carbon neutral in production by 2030
AMSTERDAM: HEINEKEN, world’s most international brewer, announced a new ambition to decarbonise its own production by 2030 and its full value chain by 2040. This is the first in a series of refreshed Brew a Better World ambitions, which form an important part of the company’s new EverGreen balanced growth strategy. “In this Decade of…
DNB Bank to launch cash offer for 100% shares of Sbanken ASA
OSLO: DNB Bank ASA has reached an agreement with Sbanken ASA to launch a recommended voluntary cash tender offer for 100% of the shares of Sbanken. A cash consideration of NOK 103.85 will be offered per share, which implies a total consideration for all the Shares of approximately NOK 11.1 billion (based on 106,869,333 shares…
Komplett Bank enters into new forward flow agreement in Norway
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…
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…