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

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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

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TotalEnergies to acquire remaining 50% in SapuraOMV for $530 million

PARIS: TotalEnergies (NYSE:TTE) has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV)…

NNR April 22, 2024

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Nordic Aqua announces successful first harvest of Atlantic Salmon in China

OSLO: Nordic Aqua (OSE: NOAP), a pioneer in land-based salmon farming in China, announced the successful completion of its first harvest of Atlantic salmon, produced at its facility in Gaotang,…

NNR April 19, 2024

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Clearstream will invest in Digital Vault Services

FRANKFURT: Clearstream, the post-trade arm of Deutsche Börse, has announced its intention to invest in Digital Vault Services (DVS), a trailblazing fintech company specializing in the issuance and secure storage…

NNR April 17, 2024

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Vår Energi confirms new oil discovery in the North Sea

OSLO, NORWAY: Vår Energi confirms discovery of oil in the Balder area in the Central North Sea. The latest Ringhorne North exploration well in production license (PL 956) was successful…

NNR April 17, 2024