Alpine Racing finalises sale of 24% stake for €200m to Otro Capital led group
BOULOGNE-BILLANCOURT: Renault Group and Alpine Racing announced the closing of the investment by Otro Capital of €200 million in Alpine Racing Ltd (based in England),...
Tikehau Capital and Nikko Asset Management to form a business and capital alliance
PARIS, FRANCE: Tikehau Capital (Paris:TKO) and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a business and...
Chinese auto firm expands in Romania amid nearshoring trend
AMSTERDAM: CTP, Europe’s largest industrial and logistics property developer, has leased 13,000 sqm of space at CTPark Deva II in western Romania to KSHG Auto...
Arkema’s Bostik to acquire Arc Building Products
PARIS, FRANCE: Bostik, a subsidiary of Arkema, has announced its intention to acquire Arc Building Products, a company that specializes in tile adhesives, floor preparation...
Telenor Pakistan B.V. signs deal to sell 100% of Telenor Pakistan to PTCL for NOK 5.3 billion
OSLO, NORWAY: Telenor has concluded the strategic review process of Pakistan. Telenor Pakistan B.V. (a privately limited company organised under the laws of the Netherlands)...
Belgium and ENGIE agree to extend nuclear reactors until 2035
PARIS: Belgium and ENGIE, the French energy giant, have signed a final agreement to extend the operation of two nuclear reactors, Tihange 3 and Doel...
Ignitis Group and Copenhagen Infrastructure Partners win offshore wind tender in Estonia
OSLO: (AB) Ignitis Grupė informed that its subsidiary (UAB) Ignitis Renewables” together with Copenhagen Infrastructure Partners P/S (CIP) through its Growth Markets Fund II are...
Renault Group will sell 5% of Nissan shares for €765 million
PARIS, FRANCE: Renault Group has announced that it will sell up to 211 million Nissan shares, or 5% of Nissan capital, to Nissan as part...
TotalenErgies acquires 3 start-ups in the electricity business
PARIS, FRANCE: TotalEnergies has acquired three start-ups that have benefited from its TotalEnergies On acceleration program based at STATION F in Paris. The success of...
Saint-Gobain signs solar power deal with CVE in South Africa
PARIS, FRANCE: Saint-Gobain, a global leader in building materials, has entered into a 20-year renewable electricity supply agreement with CVE, a French independent renewable energy...
Vegard Wollan to succeed Svenn-Tore Larsen as Nordic Semiconductor CEO
OSLO, NORWAY: Nordic Semiconductor, a global leader in connectivity solutions, has announced that Vegard Wollan will take over as the new CEO of the company...
Norwegian insurance companies, Fremtind Forsikring and Eika Forsikring to merge in 2024
OSLO, NORWAY: Two Norwegian insurance companies, Fremtind Forsikring AS and Eika Forsikring AS, have agreed to merge in 2024, creating a new entity called Fremtind...