LONDON, UK: Anglo Pacific Group has agreed to sell its 1% gross revenue royalty over the Narrabri mine to the operator, Whitehaven Coal Limited for consideration of up to $36 million, which includes bi-annual contingent payments linked to future realised Narrabri coal price. The consideration is structured as fixed payments totalling $21.6 million, along with…
Marshall Motor buys Motorline Holdings for £64.5 million
LONDON, UK: Marshall Motor Holdings, one of the UK’s leading automotive retail groups, announces the strategic acquisition of the entire issued share capital of Motorline Holdings Limited for a cash consideration of £64.5 million. Funded from the Group’s existing cash resources, the net assets on acquisition include c.£20m of cash and c.£10m of debt. Marshall…
Collins Foods acquires 9 KFC restaurants in the Netherlands
SYDNEY, AUSTRALIA: Collins Foods Netherlands B.V. has entered into a share purchase agreement with RDK Holding B.V. and MDK Holding B.V. to acquire nine KFC restaurants in the Netherlands. The sellers are the second largest KFC franchisee in the Netherlands after Collins Foods’ 35 restaurants. Once completed, this acquisition will increase the Collins Foods KFC…
Technip Energies awarded India’s largest hydrogen project by NTPC
PARIS, FRANCE: Technip Energies has been awarded an Engineering, Procurement, Construction and Commissioning (EPCC) contract by NTPC for its Proton Exchange Membrane (PEM) Based Hydrogen Generation Plant project at Vindhyachal, Madhya Pradesh, India. The EPCC contract covers the delivery of a 5 MW Hydrogen Generation Plant using Proton Exchange Membrane (PEM) Electrolysis technology at a…
TotalEnergies and Simply Blue Group launch US joint venture
PARIS, FRANCE: TotalEnergies and Simply Blue Group, a pioneer in floating offshore wind, launched a joint venture, TotalEnergies SBE US, to unlock the vast potential for floating offshore wind projects in the United States, a news release said. TotalEnergies SBE US will combine TotalEnergies’ expertise in large-scale offshore projects, Simply Blue Group’s floating know-how, and…
Mobilink Bank recognized as ‘Best Retail Bank in Pakistan’ by RBI
ISLAMABAD: Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL) has won the prestigious Retail Banker International (RBI) Asia Trailblazer Award 2021 for being the ‘Best Retail Bank in Pakistan’, along with an honorable mention of “Highly Commended” for its House Loan in the Best Loan Offering category. Organized in collaboration with Arena International, UK,…
Bahrain Bourse holds ceremony for Capital Markets Apprenticeship Program Graduates
MANAMA, BAHRAIN: Bahrain Bourse (BHB), a self-regulated multi-asset marketplace, held an awards and graduation ceremony to commemorate the completion of the first edition of the Capital Markets Apprenticeship Program with the attendance of Mr. Abdulkarim Bucheery, Chairman of Bahrain Bourse along with a number of Board Members and BHB’s executive management. The graduation ceremony honored…
Sdiptech acquires 85% shares in Certus for EUR 40.75 million
STOCKHOLM, SWEDEN: Sdiptech AB has acquired 85 percent of the shares in Certus Technologies Holding B.V. and associated group companies. At day of transaction, Certus is valued at EUR 45.00 million, on a cash and debt-free basis, of which EUR 34.75 million is paid on the closing date and financed with own funds and existing…
Brett Morgan leaves BNK Banking, joins MyState Limited as CEO
SYDNEY, AUSTRALIA: BNK Banking Corporation Limited announced that Brett Morgan, CEO of its Banking Division, has tendered his resignation to accept the role of Chief Executive Officer of MyState Limited. BNK Banking Corporation Limited (BNK) is a diversified financial services company with two key operating divisions in banking and mortgage broking aggregation Mr Morgan will…
Tomi Pienimäki leaves Finnair, joins Siili Solutions as CEO
HELSINKI, FINLAND: Tomi Pienimäki, Finnair’s Chief Digital Officer, will leave Finnair by the end of January 2022 to take on the position of CEO of a Finnish digital services company Siili Solutions Oyj. “I want to thank Tomi warmly for his excellent work for leading the development of Finnair’s digital services and IT infrastructure. During…
Hyloris acquires breakthrough, patented technology from Rhoshan
LIÈGE, BELGIUM: Hyloris Pharmaceuticals SA has entered into an exclusive, worldwide licensing agreement with Rhoshan Pharmaceuticals Inc. to develop, manufacture and commercialise intravenous acetylsalicylic acid (previously known as Hyloris’ HY-073) for the treatment of patients with suspected acute coronary syndromes (ACS). Acetylsalicylic acid IV is currently not available in the U.S. and Hyloris anticipates commercialising…
EQTEC plc agrees to acquire waste-to-energy project in Greece
LONDON, UK: EQTEC plc has signed an agreement for the proposed acquisition of a 5MWe project in Drama, North Eastern Greece, through the recently established EQTEC Synergy Projects Limited, a joint venture between EQTEC and its Greek strategic partners, German EPC company, ewerGy GmbH. Once acquired, the JV will lead the development of a new…