LONDON, UK: JD Sports Fashion announced that on 25 June 2021, Iberian Sports Retail Group SL (‘ISRG’), its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL. Total maximum cash consideration for the acquisition of the initial 80% holding in Deporvillage, subject…
Hexagon Purus accelerates its efforts in the zero emission maritime segment
OSLO, NORWAY: Hexagon Purus (HPUR is accelerating its commercial efforts to bring zero emission technology to the maritime industry. Although the business has global ambitions, the main focus from the onset will be Norway – a nation with some of the strongest maritime technology industries in the world. Hexagon Purus Maritime AS has been established…
Norsk Solar signs agreement for 37 MW with Órigo Energia in Brazil
STAVANGER, NORWAY: Norsk Solar AS (NSOL) has entered into a development agreement for 37 MWp to provide clean energy to Órigo Energia, a news release said. Norsk Solar will finance, build, own, and operate the solar projects portfolio of 12 projects. “This agreement is a natural next step in the Norsk Solar business plan and…
Kiwi Property considers green bond offer
AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited (NZX: KPG) is considering an offer of seven-year fixed-rate senior secured green bonds (Green Bonds) to institutional and New Zealand retail investors, a news release said. Full details of the Green Bond offer will be released upon the offer opening, which is expected to be in the week…
Pakistan invites operators to run Ferry Service on domestic and international routes
KARACHI, PAKISTAN: Maritime Ministry has invited investors and operators to run passenger-cum-cargo Ferry Service on both domestic and international routes. The ferry terminals at Karachi Port, Port Qasim and/or Gwadar Port would be established by the respective port authorities, replicating all the operational facilities related to security, immigration, customs etc. as that of any international…
GFH Financial buys FedEx logistics facility in Ohio for $100 million
MANAMA, BAHRAIN: GFH Financial Group (GFH) has bought a US-based warehousing and distribution logistics facility situated in Ohio and fully leased to FedEx Inc. in a transaction valued at approximately US$100 million. This is part of GFH’s logistics and industrial sector investment theme, focusing on the acquisition of high quality logistics assets in key distribution…
Emirates expands operations across its network to serve strong summer demand
DUBAI, UAE: Emirates is ramping up its operations and expanding services across its network to meet strong leisure travel demand over the summer, as entry restrictions ease for travelers, a news release said. The airline has been gradually and safely rebuilding its route network and advancing its strategy to optimize its presence in key markets…
Facebook launches financial education initiative for women-led businesses in Pakistan
KARACHI, PAKISTAN: Facebook is expanding its women-empowerment focused initiative, ‘SheMeansBusiness’ to bolster financial inclusion and resiliency of women-led businesses in Pakistan, a news release said. Implemented in partnership with State Bank and the USAID Small and Medium Enterprise Activity (SMEA), the program’s new component, ‘Business Resilience through Financial Education (BRFE)’ aims at improving financial management…
Aeon Metals Limited appoints Dr Fred Hess as new Managing Director and CEO
SYDNEY, AUSTRALIA: Aeon Metals Limited has appointed Dr Fred Hess as its new permanent Managing Director and CEO, effective immediately. Dr Hess has been acting in the role of Interim Managing Director and CEO since March 2021.Thedecision to appoint Dr Hess in a permanent capacity has been taken by the Aeon Board as a direct…
Korian S.A in exclusive talks to buy Osny psychotherapy centre
PARIS, FRANCE: Korian S.A, the leading European care services group for elderly and fragile people, has entered exclusive talks to acquire the Osny psychotherapy centre. This modern facility is located within a multi-discipline hub that features a number of healthcare and medico-social facilities on a 7-hectare site, facilitating care pathways and access to care for…
Marcon Gruppen signs contracts worth SEK 53 million
OSLO, NORWAY: Marcon Gruppen AB, a wholly owned subsidiary of Endúr ASA, has during the past month won several marine infrastructure contracts in Sweden, worth a total of SEK 53 million. A total of nine new contracts have been entered into during the past month, ranging from SEK 1.2 to SEK 16 million in contract…
Ørn Software acquires Finnish SaaS company, Rapal for NOK 374 million
TRONDHEIM, NORWAY: Ørn Software has signed an agreement to acquire the Finnish Real Estate Software-as-a-Service (SaaS) company Rapal, thus expanding into Finland. The acquisition of Rapal represents Ørn Software’s first step into Finland, a news release said. “Through the acquisition of Rapal, Ørn Software continues to execute on its geographical expansion and growth plan. Rapal’s…