Lifecare AS acquires majority stake in RemovAid AS

BERGEN, NORWAY: Lifecare AS, a pioneering medical sensor company, has announced a significant investment of NOK 2 million in RemovAid AS, securing an 81.1% ownership stake. This strategic move positions…

NNR April 29, 2024

Euronext

EG Norge to offer NOK 20/share to buy all outstanding shares of Carasent ASA

OSLO, NORWAY: EG Norge AS is contemplating launching a voluntary cash offer to acquire all outstanding shares of Carasent ASA at a price of NOK 20 per share. The offer…

Chenos Kahn April 29, 2024

Euronext

Schneider Electric launches all-in-one battery energy storage system for microgrids

PARIS: In response to the growing need for energy resilience, Schneider Electric has launched a new Battery Energy Storage System (BESS), marking a significant advancement in microgrid technology. The BESS…

NNR April 26, 2024

Euronext

Polaris Media sells 9.99% stake in Finn.no AS to Schibsted ASA for NOK 2.5 billion

OSLO, NORWAY: Polaris Media ASA has signed an agreement to sell its 9.99% stake in Finn.no AS to Schibsted ASA. Polaris Media has been a minority owner in FINN since…

Chenos Kahn April 26, 2024

Euronext

Tietoevry halts banking business demerger, opts for in-group specialization

OSLO, NORWAY: Tietoevry has halted the demerger process of its Banking business, initially set in motion on July 22, 2022. The company had previously considered transforming its Banking division into…

NNR April 25, 2024

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Casino Group announces major transformation plan amidst financial restructuring

PARIS: Casino Guichard-Perrachon, commonly known as Casino Group, has unveiled a comprehensive transformation plan. The initiative comes on the heels of a challenging financial period marked by significant net losses…

NNR April 24, 2024

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IMCD Spain to acquire Cobapharma

ROTTERDAM: IMCD Spain has signed an agreement to acquire 100% of the shares in Cobapharma S.L.U, a European distributor in the pharmaceutical and nutraceutical industry. Established in 2011 and headquartered…

NNR April 24, 2024

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TotalEnergies and Vanguard to develop renewable natural gas in the United States

PARIS: TotalEnergies and Vanguard Renewables have joined forces to establish a joint venture that promises to revolutionize the production of renewable natural gas (RNG) in the United States. The agreement,…

NNR April 24, 2024

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DNB reports Strong Q1 2024 results: NOK 10.2 billion profit amid resilient economy

Kjerstin Braathen, the CEO of DNB, commented on the economic situation, stating, “A stronger than expected start to the year adds weight to the belief that the Norwegian economy is…

NNR April 23, 2024

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Blue Ocean to acquire 39.03% of Golden Energy Offshore Services for $39.5 million

OSLO, NORWAY: Blue Ocean GEOS MI LLC has entered into a binding share purchase agreement to acquire 195,796,161 shares of Golden Energy Offshore Services AS (GEOS) common stock, representing 39.03%…

NNR April 23, 2024

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Legrand has acquired Enovation and Netrack

Legrand (Paris:LR) has announced the acquisition of two leading companies in the burgeoning fields of assisted living, healthcare, and datacenters. This strategic expansion is set to fortify Legrand’s position in…

Chenos Kahn April 23, 2024

Euronext

BenevolentAI refocuses business strategy, cuts workforce by 30%

Amsterdam-based biopharma AI leader BenevolentAI announced a strategic shift to concentrate on AI-driven drug discovery and proprietary pipeline revenue streams. The decision follows the discontinuation of its Knowledge Exploration Tools…

NNR April 23, 2024