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…
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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…
Navigator Holdings and Ultragas APS to merge fleets and businesses
OSLO: Navigator Holdings Ltd. signed a non-binding Letter of Intent with Naviera Ultranav Limitada (Ultranav) to merge Ultragas ApS’ fleet and business activities with Navigator. The transaction would unite two leading gas shipping companies with similar culture and mindset and is expected to enhance Navigator’s safe, reliable, energy and environmentally efficient, marine transport services. The…
Sanofi to create a €400 million vaccine production center in Singapore
PARIS: Sanofi announced a €400 million investment over five years to create a unique vaccine production center in Singapore. In partnership with the Singapore Economic Development Board (EDB), the new site will mainly supply the Asian region and complement existing manufacturing capacities in Europe and North America. The investment furthers Sanofi’s commitment to driving the…
Mutares SE & Co. to buy Alan Dick Communications (ADComms) from Panasonic Europe
MUNICH: Mutares SE & Co. has signed an agreement to acquire Alan Dick Communications Limited (ADComms) from Panasonic Europe BV. The company is a leading provider of critical communications and security systems to the UK infrastructure sector, specializing in rail. The closing of the transaction is expected in Q2 2021. Headquartered in Scunthorpe, UK, ADComms…
GeoJunxion CEO Thierry Jaccoud resigns
AMSTERDAM: GeoJunxion announced today that its CEO, Thierry Jaccoud will resign at the end of May 2021. Thierry Jaccoud, CEO and Managing Director of GeoJunxion N.V., has decided to resign from both roles at the end of May 2021 for personal and family related reasons. Ivo Vleeschouwers, CFO, will take over the CEO function starting…