OSLO, NORWAY: The Board of Directors of DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company’s own shares, which represents a total of 7,751,800 shares. The purpose of the buy-back…
PARIS, FRANCE: Wendel announced that Stahl has signed an agreement to acquire ICP Industrial Solutions Group (ISG), a leader in high-performance packaging coatings, which will reinforce Stahl’s position as the global leader in the field of specialty coatings for flexible…
PARIS, FRANCE: Nexans has entered into exclusive negotiations with Syntagma Capital, a Belgium-based private equity fund, for the sale of its Telecom Systems Business. This proposed transaction marks Nexans’ exit from the telecom and data activity in line with its…
PARIS, FRANCE: TotalEnergies and Air Liquide announced their decision to create an equally owned joint venture to develop a network of hydrogen stations, geared towards heavy duty vehicles on major European road corridors. This initiative will help facilitate access to…
OSLO, NORWAY: Norsk Titanium continues progress towards expansion in the commercial aerospace market. The company is awaiting final qualification approval of its RPD technology for serial production of titanium parts for delivery to tier-one suppliers of Airbus, which is expected…
TRONDHEIM, NORWAY: NORBIT it has completed acquisition of the IoT start-up CPS AS. CPS will be included in the Connectivity segment. The transaction values CPS at an enterprise value of NOK 13 million, implying an equity value of NOK 12.6…
MUNICH: Mutares SE & Co. has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motocycles (PMTC) from Mahindra & Mahindra (M&M). M&M will remain a co-shareholder to support new product launches and the…
AMSTERDAM: ArcelorMittal has invested $36 million in Boston Metal. The transaction is the company’s largest single initial investment to date through its XCarb Innovation Fund. The fund, launched in March 2021, targets investing in the best and brightest technologies that…
PARIS, FRANCE: Targetspot SA announced the launch of the beta version of the new Winamp, a music platform offering users unprecedented proximity to artists and a new compensation model. The global release of the final version is scheduled for 28…
PARIS, FRANCE: TotalEnergies (LSE:TTE) has announced the start of gas production from onshore Block 10 in the Sultanate of Oman as well as an agreement with Oman LNG for a long-term LNG purchase contract. TotalEnergies announces the start of gas…
PARIS, FRANCE: The Keyrus Group has entered a final phase of negotiations with the aim of acquiring a majority stake in Sonum International, a European group, leader in the consulting and implementation of EPM (Enterprise Performance Management) solutions. Founded in…
HAMILTON, BERMUDA: Archer Limited has signed a term sheet with Baker Hughes Limited to potentially acquire Baker Hughes’ coil tubing and pumping (CT&P) business in the United Kingdom. The coil tubing and pumping (CT&P) business fits well within Archer’s overall…