COPENHAGEN, DENMARK: Napatech A/S announced the appointment of Lars Boilesen as Chief Executive Officer (CEO) of the Company effective immediately. “We are very pleased to announce Lars Boilesen as the new CEO of Napatech. He brings a wealth of industry experience and track record from listed companies and has served as chairman of Napatech for…
Category: Euronext
Euronext, euronext stock exchange, euronext exchange, euronext nv, stock exchange euronext
FDJ Group to buy Kindred for €2.6 billion, creating a European gaming giant
PARIS, FRANCE: French gaming operator FDJ has launched a tender offer to acquire all the shares of Kindred, one of Europe’s leading online betting and gaming companies, for SEK 130 per share. This offer, which is backed by Kindred’s Board of Directors and five major shareholders, values Kindred at €2.6 billion and represents a 24%…
Abivax outlines 2024 goals for obefazimod, a novel oral drug for inflammatory diseases
Abivax SA, a French biotech company listed on Euronext Paris and Nasdaq, is developing a new class of drugs that target the body’s own immune regulators to treat chronic inflammatory diseases. The company’s lead candidate, obefazimod, is in late-stage clinical trials for ulcerative colitis (UC), a type of inflammatory bowel disease (IBD) that affects the…
Crédit Agricole acquires 7% stake in Worldline S.A. as part of strategic partnership
PARIS, FRANCE: Crédit Agricole S.A., the leading French bank, announced today that it has acquired a 7% minority stake in Worldline S.A., the European leader in the payment and transactional services industry. The investment is valued at approximately €1.4 billion, based on Worldline’s closing share price on Friday. The acquisition is part of a strategic…
SmartSpace Software Plc may be acquired by Sign In Solutions Inc
LONDON, UK: SmartSpace Software Plc, a company that provides software for smart buildings and commercial spaces, has received a possible cash offer from Sign In Solutions Inc. (SIS), a company backed by PSG Equity L.L.C. The offer is for 90 pence per share, which the SmartSpace board is willing to recommend to shareholders, subject to…
ECIT AS has acquired 24.98% stake in the Norwegian software firm Zirius AS
OSLO, NORWAY: ECIT AS has acquired 24.98% stake in the Norwegian software company Zirius AS. The investment strengthens ECIT`s position within accounting software in Norway and is a good fit to the digital development in ECIT. ECIT is acquiring 24.988 % of the shares in Zirius, with an opportunity to invest further in Zirius in…
John Bean Technologies proposes to acquire Marel in a euro 2.7 billion deal
AMSTERDAM: John Bean Technologies Corporation (JBT), a US-based food processing and air transportation technology company, has expressed its interest in acquiring Marel, an Icelandic company that provides equipment and software for the food industry. John Bean Technologies has offered 3.60 euros per share for all outstanding shares in Marel, valuing the company at 2.7 billion…
Magnora to split its renewable and legacy businesses
OSLO, NORWAY: Magnora, a Norwegian company that invests in renewable energy projects, announced on 18 January that it will separate its renewable business from its legacy business, which is based on contracts linked to its divested FPSO (floating production storage and offloading) technology business. The separation will involve a demerger and a merger, followed by…
Renault Group boosts sales by 9% in 2023 with strong brand strategy
PARIS: Renault Group, the French multinational automobile manufacturer, has reported a 9% increase in its worldwide sales in 2023, reaching a total of 2,235,345 vehicles sold over the year. The Group attributed this impressive growth to its successful dynamic with three of its core brands: Renault, Dacia, and Alpine. Renault, the best-selling French brand in…
FDE to acquire Greenstat ASA in a €41.9 million deal
PARIS: La Francaise De L Energie (FDE), a carbon negative energy producer listed on Euronext, has agreed to acquire a controlling stake in Greenstat ASA, a leading green energy operator based in Norway, with a strong focus on hydrogen and solar activities. The deal, worth up to €41.9 million, will allow FDE to expand its…
Bleu, a new cloud service provider for France, prepares for launch
PARIS: Bleu, a joint venture of Capgemini, Orange and Microsoft, is ready to offer its “cloud de confiance” services to French public and private organizations, starting from the end of 2024. Bleu aims to meet the specific cloud needs of the French State, public agencies, hospitals, regional authorities, and other critical operators, using Microsoft 365…
LDC enters talks to acquire Groupe Routhiau
PARIS, FRANCE: LDC (Lambert Dodard Chancereul), a leading European poultry and ready meal company, has entered into exclusive talks to buy Groupe Routhiau, a family-owned business with a turnover of €72 million and 360 employees. The deal is expected to boost LDC’s product portfolio, logistics and purchasing efficiency, and cultural fit. Groupe Routhiau, founded in…