LONDON, UK: ASB Bank Limited (ASB) noted the announcement by S&P Global Ratings (S&P) dated 7 June 2021 regarding the rating of ASB. S&P has affirmed ASB’s Long Term Issuer Credit Rating at AA- and revised the outlook on ASB…
PARIS, FRANCE: TotalEnergies will expand Amsterdam’s current network with 2,200 new EV charging points, to be installed by fall 2022, a news release said. The municipality of Amsterdam has awarded the concession for the expansion of its public charging network…
BRUSSELS, BELGIUM: Umicore SA has appointed Mathias Miedreich to succeed Marc Grynberg as CEO of the Group in the 4th quarter of this year, a news release said. Marc and Mathias will work together to ensure an optimal onboarding of…
VILNIUS, LITHUANIA: Linas Agro Group, is borrowing funds from Luminor, Swedbank and SEB banks to finance the acquisition of companies of the KG Group. The syndicated local will be granted under the permission to execute the said acquisition issued by…
LONDON, UK: Anglo American plc announced the completion of the demerger of its thermal coal operations in South Africa. Thungela Resources Limited will start trading today through a primary listing on the Johannesburg Stock Exchange under the abbreviated name “Thungela”…
OSLO, NORWAY: Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) has today acquired 13.975 million shares in JM AB at a price of SEK 326.30 per share from OBOS, corresponding to SEK 4.56bn. The transaction corresponds to 20.08 percent of the shares…
DUBAI, UAE: SHUAA Capital has sold its 3.8% stake in Khaleeji Commercial Bank (KHCB) to GFH Financial Group. The sale is expected to contribute positively to SHUAA’s Q2 financials. The sale of Khaleeji Commercial Bank (KHCB) shares represents continued progress…
LONDON, UK: Tesco and Carrefour have today confirmed that they have decided not to extend their Purchasing Alliance beyond the three-year operational framework agreed in 2018, and the Alliance will formally end on 31 December 2021. Over the last three…
ANTWERP, BELGIUM: Euronav NV has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million, a news release said. A capital gain on the sale of approximately USD 9.3 million will be recorded in the current quarter. The…
VANCOUVER, BC: Mkango Resources Ltd. announced that Mkango and Grupa Azoty Zakłady Azotowe “Pulawy” S.A. have agreed to work together towards development of a rare earth separation plant in Poland. A new Polish wholly owned subsidiary of Mkango, Mkango Polska,…
LONDON, UK: Windar Photonics plc has entered into a new four year development project focused on developing a drone based emission detection system. The project, which brings together five private companies and the Technical University of Denmark (DTU), has a…
LONDON, UK: Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net initial yield of 5.5%. The 8,663 sqm warehouse is fully let to Hachette…