PARIS, FRANCE: Worldline, a global leader in payment services, has signed binding agreement for the acquisition of Banco Desio’s merchant acquiring activities and the planned set-up of a commercial partnership aiming to leverage Banco Desio’s banking network in order to distribute Worldline’s payment products and services to merchant customers of the bank in Italy. Worldline…
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Neoen and BHP sign a 70MW renewable energy baseload contract
PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, has signed a 70 MW renewable energy baseload contract with BHP, a world-leading resources company. The contract will supply power to BHP’s Olympic Dam operations in South Australia, one of the world’s most significant deposits of copper, gold and uranium. It is…
Navya signs MoU to join Red Sea Global
PARIS, FRANCE: Navya has signed MoU with Red Sea Global to take part in the innovative transportation scheme of one of the most ambitious tourism projects in the world. NAVYA, an autonomous mobility systems leader, has signed a memorandum of understanding with Red Sea Global, the developer responsible for some of the world’s most ambitious…
Norcod enters into NOK 75 million credit facility with DNB
TRONDHEIM, NORWAY: Norcod has today entered into a NOK 75 million overdraft facility with DNB, Norway’s largest bank and also the largest within the seafood industry. The agreement secures the financing of Norcod operations for the upcoming 12 months. Norcod is planning to use the credit facility to further invest in the cod production at…
SPIE likely to acquire BELFOR Prévention France (BPF)
CERGY, FRANCE: SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has entered into exclusive negotiations with BELFOR for the acquisition of their passive fire protection unit, BELFOR Prévention France (BPF), in the nuclear sector in France. BELFOR is the world’s leading provider of disaster recovery services. With this…
M6 Group to sell Best of TV to Passat S.A
PARIS, FRANCE: M6 Group (Paris:MMT) has entered into exclusive negotiations with the company Passat S.A., with a view to the sale of its subsidiary Best of TV, which is 51% owned. Best of TV (importer / wholesaler) offers, for mass retail, various niche products including some that are exclusive to home shopping. They are generally…
SMCP appoints Olivier Germain as CEO of Claudie Pierlot
PARIS, FRANCE: SMCP, the parent company of the Sandro, Maje, Claudie Pierlot and Fursac brands, announced the appointment of Olivier Germain as Claudie Pierlot’s CEO, effective from November 2, 2022. In this role, he will join the SMCP Executive Committee. Isabelle Guichot, CEO of SMCP, stated: “I am very pleased to welcome Olivier to the…
Verallia agrees to acquire Allied Gas for £315 million
PARIS, FRANCE: Verallia has signed a binding agreement with an affiliate of Sun European Partners LLP for the acquisition of Allied Glass, a market leader in the UK premium glass packaging segment. Verallia will acquire 100% of the capital of Allied Glass for approximately £315 million (enterprise value) and will be financed by Verallia’s existing…
Mutares SE & Co. has acquired Siemens Energy Engines
MUNICH, GERMANY: A vehicle owned and managed by Mutares SE & Co. KGaA has successfully completed the acquisition of Siemens Energy Engines S.A.U. and related assets. This new platform acquisition strengthens the Engineering & Technology segment and will operate under the new name Guascor Energy. Headquartered in the Spanish Basque Country, Guascor Energy is a…
VEON conducting sales process for its Russian operations
AMSTERDAM: VEON Ltd., a global digital operator that provides converged connectivity and online services, announced that it is conducting a competitive sales process in relation to its Russian operations. VEON’s management is currently exploring options in an effort to ensure that an optimal outcome is achieved for all relevant stakeholders, including VEON, its Russian operations,…
Gram Car Carriers to acquire the truck carrier for $49 million
OSLO, NORWAY: Gram Car Carriers ASA signed an agreement to acquire the Pure Car Truck Carrier “Paglia” (5,000 CEU) from F. Laeisz GmbH (the “Seller”) for a total consideration of USD 49 million. The Transaction is expected to facilitate increased dividend distributions over time and adheres to the Company’s strategic aim of pursuing accretive growth…
Mowi ASA to acquire 51.28% shares in Arctic Fish for EUR 181 million
OSLO, NORWAY: Mowi ASA has entered into a share purchase agreement to acquire 51.28% of the shares in Arctic Fish. Arctic Fish is one of the leading salmon farmers in Iceland, situated in the West Fjords with favorable conditions for salmon farming. The company is listed on Euronext Growth Oslo and the acquisition price is…