PARIS, FRANCE: TotalEnergies will allocate up to €200 million over a year to equip more than 150 of its motorway and expressway service stations with high-power charge points for electric vehicles. This major investment is intended to support the growth of electric mobility in France: By end-2021, 60 motorway service stations will be equipped with high-power…
Personal Data Tops List of Concerns for Brits
A new study shows British people (Brits) now rank personal data as their most important asset to protect from everyday risks (such as accident, damage, or crime) out of all non-legally obligatory policies in the UK. While legally mandated home (82%) and car (77%) insurance tops the table, an almost equal number of respondents (76%)…
Shell announces absolute emissions reduction target of 50% by 2030
AMSTERDAM: Royal Dutch Shell announced an absolute emissions reduction target of 50% by 2030, compared to 2016 levels on a net basis. This covers all scope 1 and 2 emissions under Shell’s operational control and is another strategic milestone on our path to becoming a net-zero emissions energy business by 2050, in step with society….
Chariot Limited signs MoU to unlock Anchois Gas Development
LONDON, UK: Chariot Limited, the Africa focused transitional energy company, has signed a Memorandum of Understanding (MOU) with a leading international energy group. The MOU relates to the key terms of gas offtake and partnering between the parties in respect of the Anchois Gas Development within the Lixus licence, offshore Morocco. The key terms of…
Supply@ME appoints James Coyle as new non-executive Chairman
LONDON, UK: Supply@ME Capital plc, the fintech business which provides an innovative Platform for use by manufacturing and trading companies to access Inventory Monetisation solutions enabling their businesses to generate cashflow, is pleased to announce the appointment of Jim Coyle as its new independent non-executive chairman with effect from 28 October 2021. The Company conducted…
Foresight Sustainable Forestry Company launches IPO on LSE
LONDON, UK: Foresight Sustainable Forestry Company, an externally managed investment company that will invest in UK forestry and afforestation assets, announced the launch of its initial public offering (IPO) on the Premium Segment of the Official List and the Main Market of the London Stock Exchange. Foresight Sustainable Forestry Company plans a target issue of…
Synthomer to acquire adhesive business of Eastman Chemical for $1bn
LONDON, UK: Synthomer plc has agreed to acquire the adhesive resins business (Adhesive Technologies) of Eastman Chemical Company for $1 billion in cash. Eastman Chemical Company’s adhesive resins division develops, manufactures and sells tackifying resins and additives for adhesive products, with a strong focus on attractive end markets such as hygiene, packaging and high-performance tyre…
TechnipFMC and Saipem enter into a global commercial agreement
PARIS, FRANCE: TechnipFMC and Saipem have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benefit of clients. The commercial agreement will pursue specific Subsea Umbilicals, Risers and Flowlines (SURF) projects where the combination of the companies’ complementary world-class assets, technologies, products and…
Bank of Queensland completes $23mn sale of St Andrew’s Insurance
BRISBANE, Australia: Bank of Queensland Limited (BOQ) announced the successful completion of the sale of its interest in St Andrew’s Insurance to Farmcove Investment Holdings. On 14 October 2020, BOQ announced that it had entered into an agreement with Farmcove to sell St Andrew’s to Farmcove for proceeds of $23 million, subject to certain conditions,…
MDxHealth plans IPO in the United States
HERSTAL, BELGIUM: MDxHealth SA, a commercial-stage precision diagnostics company, is launching a registered initial public offering (IPO) of 3.75 million American Depositary Shares (ADS), each representing 10 ordinary shares of the company with no nominal value per share. In connection with the Offering, MDxHealth intends to grant the underwriters a 30-day option to purchase additional…
Apiam Animal Health acquires Horsham Veterinary Hospital for $2.0mn
BENDIGO, AUSTRALIA: Apiam Animal Health Limited entered into an agreement to acquire the business assets of Horsham Veterinary Hospital for total consideration of $2.0 million. The consideration for the acquisition will be paid in $1.60 million cash, with the remaining 20% consideration to be paid via the issue of fully-paid Apiam shares. Horsham Veterinary Hospital…
Zong and REDRETAIL to promote digital payments in Pakistan
ISLAMABAD, PAKISTAN: Zong, Pakistan’s leading telecom and digital services company, has partnered with REDRETAIL (a REDtone Group company) to promote digital payments in Pakistan. This collaboration will allow Zong customers to top-up and recharge their balance through REDRETAIL’s network of small and medium sized enterprises including kiryana stores. The B2B partnership with REDRETAIL, a retail…