OSLO, NORWAY: ECIT AS announced that ECIT has entered into an agreement to acquire 50.1% of the shares in the Norwegian finance & accounting company Intunor Services AS including an option agreement to acquire the remaining 49.9% of the shares. The transaction is subject to regulatory approval and completion of the transaction and a closing…
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Renault Group creates a new entity dedicated to the circular economy: The Future Is NEUTRAL
BOULOGNE-BILLANCOURT, FRANCE: Renault Group announced the creation of a new entity entirely dedicated to the circular economy: The Future Is NEUTRAL. By bringing together the existing industrial and technological expertise and assets of the group and its partners under a new brand, The Future Is NEUTRAL is the first company to operate across the entire…
Consortium of Eiffage, SARPI and CEMEX won €200 million GEME contract
PARIS, FRANCE: A consortium formed of Eiffage, SARPI (Veolia) and CEMEX has been awarded the “GEME” contract by the Société du Grand Paris to manage and use the material excavated during construction of Line 15 East as part of the Grand Paris Express project. The contract is worth over €200 million, with a one-third share…
KBC Mobile named best mobile banking app in Belgium
BRUSSELS, BELGIUM: Independent international research agency, Sia Partners, has again named KBC Mobile the best mobile banking & insurance app in Belgium in its study entitled ‘2022 Mobile Banking Benchmark: a worldwide study on the present state of mobile banking’. KBC Mobile has further consolidated the leading position it had already occupied in Belgium and…
Unibail-Rodamco-Westfield launches in-house retail media agency, Westfield Rise
AMSTERDAM: Unibail-Rodamco-Westfield (URW), the developer and operator of Flagship retail and lifestyle destinations, announced the launch of Westfield Rise, an in-house media, brand experience and data partnerships agency. The agency will serve as a one-stop-shop for brands and media-buyers to create innovative and measurable campaigns across URW’s platform of best-in-class retail media assets at its…
Eutelsat and OneWeb decide to proceed with business combination
PARIS, FRANCE: Eutelsat and OneWeb are convinced that the time is right to take their partnership to the next level via the proposed combination. Eutelsat and key OneWeb shareholders signed a Memorandum of Understanding in July 2022, with a view to combining Eutelsat and OneWeb in an all-share transaction, whereby Eutelsat and OneWeb shareholders will…
Exclusive Networks launches academy to train the next generation of cyber talent
PARIS, FRANCE: Exclusive Networks, a global trusted cybersecurity specialist for digital infrastructure, announced the launch of the Exclusive Academy, a global cybersecurity training programme. As an industry, cybersecurity suffers from a shortage of experts. Globally, Exclusive Networks estimates that three million cyber positions are currently vacant. This comes at a time when cyber threats are…
GTT and China Merchants Heavy Industries sign deal for the construction of GTT membrane containment systems
PARIS, FRANCE: GTT has signed a Technical Assistance and License Agreement with China Merchants Heavy Industries-Jiangsu (CMHI-Jiangsu), a subsidiary of China Merchants Industry Holdings (CMI), one of the three leading shipbuilding groups in China, enabling the yard to construct vessels using GTT membrane technologies. GTT and China Merchant Industry Holdings have been cooperating for a…
GAUSSIN and Lhyfe partner for an all-round production & distribution of green mobility
NANTES, FRANCE: GAUSSIN and Lhyfe have signed a Memorandum of Understanding with a view to a strategic partnership. The agreement should make it possible to accelerate the development of hydrogen mobility at port, airport and logistics sites by offering a global solution for the production and distribution of carbon-free mobility. According to the terms of…
Eiffage consortium wins €335 million contract to modernise the Europa Terminal
VÉLIZY-VILLACOUBLAY, FRANCE: Eiffage, through Herbosch-Kiere (Eiffage Benelux subsidiary), has been awarded by Port of Antwerp-Bruges the contract to modernise the Europa Terminal, in a consortium with Artes Roegiers, Artes Depret and Boskalis. The contract is worth €335 million in total, with Eiffage’s share amounting to €129 million, a statement noted. Port congestion worldwide is creating…
Telenor to divest 30% of Telenor Fiber AS in Norway for NOK 36.1bn
OSLO, NORWAY: Telenor has entered into an agreement to divest 30% of the newly established company Telenor Fiber AS in Norway to a consortium led by KKR and Oslo Pensjonsforsikring. The transaction is expected to be completed early 2023. The agreed sales price represents an enterprise value for the Norwegian fibre business of NOK 36.1…
Waldorf Energy to acquire Dana and TAQA oil and gas businesses
OSLO, NORWAY: Waldorf Energy Netherlands B.V. (WEN) has entered into definitive agreements with Dana Petroleum Limited and Taqa Energy B.V. to acquire their respective upstream businesses in the Netherlands. The financial terms of the transaction are not being disclosed. The transaction remains subject to obtaining final regulatory and other third-party approvals. Waldorf Energy Netherlands is…