PARIS: Sanofi, Capgemini, Generali and Orange are forming a joint venture in France to fast-track the development of concrete healthcare solutions and to make them available to the market for the benefit of patients, a news release said. The project, on a scale that is unique in Europe, will bring together leading scientific and technological…
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Vivendi making investment in PRISA to own 7.6% stake
PARIS: Vivendi announced today that it is making an investment in PRISA for 7.6% stake. Vivendi’s investment supports PRISA in its future developments. PRISA is the Spanish-speaking leader in media and education, and owner of El Pais, Santillana, Cadena SER, Radio Caracol, AS and Los 40 Principales. Buying shares in PRISA is part of Vivendi’s…
LUMIBIRD confirms its interest in CILAS
LUMIBIRD has confirmed interest in CILAS if the company was to be sold by its shareholders. “Such an acquisition would be in line with its development strategy,” LUMIBIRD noted. CILAS and LUMIBIRD have highly complementary technology portfolios which together would constitute the European leader in laser technologies for the Defence market, and could thus be…
Quadient divests Graphics activities in Australia and New Zealand
PARIS: Quadient S.A announced the divestment of its Graphics activities in Australia and New Zealand to Smartech Business Systems Australia Pty, a technology solutions provider and a long-term partner working with Quadient in the Asia-Pacific region. As part of the transaction, Smartech Business Systems Australia Pty will become the distributor of Quadient’s Mail-Related Solutions in…
Ipsen appoints Gwenan White as EVP Communications and Public Affairs
PARIS: Ipsen announced today the appointment of Gwenan White as Executive Vice President, Communications and Public Affairs, effective March 2021. Based in Boulogne, France, she will be responsible for designing, implementing and managing the communications and public affairs strategy for Ipsen at global level, reporting directly to David Loew, CEO, Ipsen. Gwenan will serve on…
Total issues hybrid bonds to finance its development strategy in renewables
PARIS: Total SE successfully issued perpetual subordinated bonds in the amount of €3 billion. Jean-Pierre Sbraire, Chief Financial Officer at Total, said: “These hybrid bonds provide a cost of capital comparable to that of pure players in renewables and is therefore suited to finance acquisitions in this business. These bonds will finance in a very…
Total divests 10 percent interest in onshore Oil Mining Lease to TNOG Oil & Gas Limited
PARIS: Total SE has completed the divestment of its 10% interest in onshore Oil Mining Lease (OML) 17 to the Nigerian company TNOG Oil & Gas Limited, a related company of Heirs Holdings Limited and of Transnational Corporation of Nigeria Plc (Transcorp), for about $180 million, out of which about $150 million was paid at…
Arcadis announces global partnership with Techstars start-up, Irys
AMSTERDAM: Arcadis N.V, the leading global Design & Consultancy organization for natural and built assets, announced a global partnership with Irys, a Techstars start-up based in Texas, USA. The new partnership will see Arcadis incorporate Irys’ cutting edge and human centric engagement tools within its own infrastructure, mobility and buildings projects with the aim to…
Prodware shows strong business performance in Q4 2020
PARIS: Despite a dire economic situation, the Prodware Group sees a significant surge in technological investments in the 4th quarter of 2020 on behalf of many customers, both mid-market companies and subsidiaries of large groups. With the growing demand for digitalization, especially with regard to support functions, brought on by the generalization of remote work,…
Total acquires 20% interest in Adani Green Energy Limited
PARIS: Total SE has announced the acquisition of a 20% minority interest in Adani Green Energy Limited (AGEL) from Adani Group. The transaction marks the deepening partnership between the Adani Group – India’s leading infrastructure platform – and Total, in the transition and green energy fields in India. The investment in AGEL is another step…
5th Planet Games appoints Caspar Rose as new CEO
COPENHAGEN: 5th Planet Games A/S has appointed Caspar Rose as new CEO, a news release said. In order to strengthen 5th Planet Games external communication and to provide new managerial momentum, it has been decided to appoint Chairman of the Board, Caspar Rose as new CEO of 5th Planet Games, as of 1st February 2021….
Bouygues Telecom announces its new strategic plan “Ambition 2026”
PARIS: After having made ambitious pledges to fight against climate change, Bouygues Telecom is now taking a new step by unveiling its strategic plan and targets for 2026. To achieve that ambition, Bouygues Telecom is stepping up its growth in a reinvigorated French market, leveraging the drivers responsible for its success since 2015, its recent…