MOSCOW: VTB Group announced intention to sell approximately 17.28% of ordinary shares of PJSC Magnit. Up to 5.15% will be offered through an accelerated bookbuilding process. It is expected that the remaining 12.13% of the company’s shares will be sold to Marathon Group at a price determined in the offering. VTB Group has agreed to…
EFG Hermes Holding concludes aiBANK acquisition
CAIRO, EGYPT: EFG Hermes Holding informed shareholders today that it has completed its transformation into an Egyptian universal bank with a market-leading frontier emerging markets (FEM) investment banking platform. The news comes as the Firm has finalized its acquisition of a 51% stake in the Arab Investment Bank (aiBANK), marking a strategic entry into the…
Altarea announces €350mn right issue to fund Primonial acquisition
PARIS, FRANCE: Altarea announced the launch of a capital increase with preferential subscription rights (PSR) for an amount of approximately €350 million. Net proceeds of the offering of the new shares will be used by the Company as part of the financing of the acquisition of Primonial Securities, as announced on June 30, 2021. The…
ABN AMRO intends to appoint Annerie Vreugdenhil
AMSTERDAM: ABN AMRO intends to appoint Annerie Vreugdenhil as Chief Commercial Officer (CCO) of Personal & Business Banking and as a member of the Executive Board from 1 March 2022 for a period of four years. Personal & Business Banking develops and manages all digital client services within ABN AMRO, serving mass consumer, affluent and…
TotalEnergies inks two partnerships to develop natural carbon sinks
PARIS, FRANCE: TotalEnergies (LON:TTE) has established two operational partnerships with Australian carbon developers AgriProve and Corporate Carbon to develop natural below-ground carbon sinks in Australia and help prevent savanna fires, notably in Africa. 1. Partnership with AgriProve: a 20,000-hectare soil carbon sequestration operation to remove and sequester more than 3 million tonnes of CO2e. Since October…
Connected Kerb signs up to become new Zap-Pay partner
LONDON, UK: Good Energy (LON:GOOD), the 100% renewable electricity supplier and innovative energy services provider, announces its subsidiary Zap-Map, the UK’s leading EV mapping service, has signed Connected Kerb as the latest charge point operator to join Zap-Pay, the simple way to pay for EV charging across networks from within the Zap-Map app. The two…
Woodbois joins The Circular Bioeconomy Alliance
LONDON, UK: Woodbois Limited (LON: WBI) has joined The Circular Bioeconomy Alliance (CBA), an organisation that brings sustainability focused enterprises together and places nature at the heart of restoring the global circular bioeconomy, a news release said. The Circular Bioeconomy Alliance (CBA) was established by His Royal Highness, The Prince of Wales, in his Sustainable…
Boku extends its M1ST Payments Network into Thailand
LONDON, UK: Boku Inc (LON: BOKU) extended its reach into Thailand through its M1ST (aka Mobile First) Payments Network, the world’s largest mobile payments network, with the addition of Thailand’s two most popular mobile wallets, TrueMoney and Rabbit LINE Pay. TrueMoney and Rabbit LINE Pay join Boku’s M1ST Payments Network, which includes 330+ payment methods…
Blackbird wins Best Tech Company 2021 Award
LONDON: Blackbird plc (LON:BIRD), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, announces that it has won the ‘Best Tech Company 2021 Award’ at the SportsPro OTT Awards. The prestigious SportsPro OTT Awards are dedicated to sports focused OTT, streaming and video production – recognising organisations and individuals pushing…
Hochschild announces $100mn Aclara Resources IPO on TSE
LONDON, UK: Hochschild Mining PLC (LON: HOC) announced the launch of the initial public offering (IPO) of Aclara Resources on the Toronto Stock Exchange (TSX). Aclara Resources has filed a prospectus in Canada qualifying the distribution of the Aclara Shares issuable pursuant to the Demerger Dividend under applicable Canadian securities laws. Concurrently with the Aclara…
Kingfish Maine facility approved for construction advancements
OSLO, NORWAY: The Kingfish Company’s second recirculating aquaculture facility has obtained final state level approvals, keeping the Maine facility on schedule to break ground by end of 2021. The Kingfish Company N.V.’s U.S. facility received final state level permits last week; documentation that enables the project to begin construction on schedule. These permits indicate compliance…
BiVictriX and Abzena collaborate to manufacture antibody-drug conjugates
CAMBRIDGE, UK: BiVictriX Therapeutics plc (LON: BVX) announced a collaboration to manufacture BiVictriX’s antibody-drug conjugates (ADC) with Abzena Limited, a partner research organisation for integrated discovery to cGMP manufacturing solutions for biologics. The collaboration will allow BiVictriX to cost-effectively manufacture its anti-cancer ADCs for use in pre-clinical models without the need for extensive manufacturing facilities…