LONDON, UK: Hostmore plc will demerge from Electra Private Equity, and the Hostmore shares will be admitted to trading on the London Stock Exchange’s main market on 2 November 2021. The Board of Electra believes that the strategy of establishing Hostmore as an independent listed company provides shareholders with the optimal opportunity for short and…
Metallurgical coal mine owner, Bens Creek Group intends to float on AIM
LONDON, UK: Bens Creek Group, the owner of a metallurgical coal mine in West Virginia, has proposed admission of its ordinary shares to trading on the AIM market of the London Stock Exchange, which is expected to take place on 19 October 2021. The Company has raised £7.0 million, conditional on admission, giving it an…
Kitchenware maker ProCook plans IPO on London Stock Exchange
LONDON, UK: ProCook, the UK’s leading direct-to-consumer specialist kitchenware brand, is considering an initial public offering (IPO) on the Main Market of the London Stock Exchange. The ProCook IPO would include an offer of existing shares to be sold by existing shareholders. The ProCook IPO would include an intermediary offer in the United Kingdom, under…
Voxtur Analytics closes $4.2mn acquisition of RealWealth Technologies
TORONTO: Voxtur Analytics Corp has completed the $4.2 million acquisition of RealWealth Technologies LLC. Voxtur Analytics is a technology company creating a more transparent and accessible real estate lending ecosystem. With the acquisition now complete, RealWealth will be repositioned as VoxturWealth. RealWealth has developed a proprietary, investor-centric digital platform intended to change consumer behavior through…
Atos launches app to provide comprehensive satellite images of earth
PARIS: Atos today launches Terra², a mobile application that provides valuable data so that decision makers and influencers can make data-driven decisions, supporting the COP26 ambition. The data presented combines satellite imagery offered by Atos’ satellite Earth Observation Platform Mundi Web Services, the world’s largest earth observation program, with scientific research from international laboratories and research institutes1 led by…
VTB launches Russia-wide ESG platform
LONDON: VTB Group is set to launch a Russia-wide ESG platform. It is an open infrastructure for ESG transformation, which includes a wide scope of financial products and services meeting environmental, social and corporate governance standards. VTB is making the platform open to its partners and clients ranging from federal and municipal entities to corporate…
Archroma Pakistan declares force majeure due to raw material shortage
KARACHI: Archroma Pakistan has declared force majeure effective Thursday due to inability to manufacture and supply goods as the company’s raw material supply lines have choked. “Archroma’s raw materials and petrochemicals supplies coming from China are getting adversely affected by the ongoing ‘energy consumption controlling measures’ and ‘environmental checks’, coupled with disrupted global supply chain…
Fertiglobe partners with Scatec and TSFE to develop green ammonia project in Egypt
AMSTERDAM, NETHERLANDS: Fertiglobe, the partnership between OCI N.V. and Abu Dhabi National Oil Company (ADNOC), has entered into an agreement with Scatec ASA and TSFE to jointly develop a 50-100 MW electrolyzer facility to produce green hydrogen as feedstock for green ammonia production. The facility will be located near Fertiglobe’s subsidiary EBIC in Ain Sokhna…
ZOO Digital launches mastering services division
LONDON, UK: ZOO Digital Group, the leading provider of end-to-end cloud-based localisation and media services to the global entertainment industry, announced the launch of its mastering services division to support leading content creators to deliver for next day air on major streaming services and platforms. The mastering services division provides an additional revenue source for…
DGL Group acquires AUSblue Group
AUCKLAND, NEW ZEALAND: DGL Group Limited announced the strategic acquisition of the AUSblue Group. The acquisition price consists of a cash payment of $2.2 million; and the issue of 4,539,470 fully paid ordinary shares in the capital of DGL. AUSblue is a market leader in the manufacturing and distribution of AdBlue, a diesel exhaust fluid…
Stelrad Group confirms IPO on London Stock Exchange
LONDON, UK: Stelrad Group has confirmed its intention to proceed with an initial public offering and certain details of the Offer. The final offer price in respect of the offer will be determined following a book-building process, with Admission currently expected to occur in early November 2021. Trevor Harvey, Chief Executive of Stelrad, commented: “The…
Aker Solutions, DeepOcean and Solstad Offshore create Windstaller Alliance
OSLO, NORWAY: International offshore energy suppliers Aker Solutions, DeepOcean and Solstad Offshore have joined forces to create Windstaller Alliance. The new partnership aims to provide the world’s most cost-efficient and complete product supply, fabrication and marine services offering within offshore wind. The alliance will also pursue other offshore renewables segments. Windstaller Alliance will combine the…