LONDON, UK: Samarkand Group plc, the cross-border eCommerce technology solution provider, announced the formal opening of its office in Tokyo, Japan. On 25th May 2021, the Company established Samarkand Global (Japan) KK based in Tokyo as its subsidiary to serve the Japanese market. Japan is the world’s 4th largest eCommerce market, and Japanese brands are…
ContourGlobal and Energy Infrastructure Partners acquire Green Hunter Group for €49.7 million
LONDON, UK: ContourGlobal plc in partnership with Energy Infrastructure Partners AG has reached an agreement with a group of private shareholders to acquire up to 100% of the shares in Green Hunter Group S.p.A., a portfolio of Solar Photovoltaic assets totaling 18 MW located in Italy for €49.7 million. The Acquired Assets of Green Hunter…
AstraZeneca appoints Aradhana Sarin as new Chief Financial Officer
LONDON, UK: AstraZeneca PLC has appointed Aradhana Sarin as an Executive Director and Chief Financial Officer, conditional upon closing of AstraZeneca’s acquisition of Alexion Pharmaceuticals Inc. Dr. Sarin is currently Executive Vice-President, Chief Financial Officer of Alexion. Further biographical details are set out below. Dr. Sarin will relocate from the US and be based in…
Smurfit Kappa acquires Cartones del Pacifico
DUBLIN, IRELAND: Smurfit Kappa Group has completed the acquisition of Cartones del Pacifico, a leading paper-based packaging company in Peru. Smurfit Kappa Group is one of the world’s largest integrated manufacturers of paper-based packaging products with operations in Europe and the Americas, The acquisition represents an important milestone for the Company as it expands its…
Carbios SA buys SPI Fund’s entire shares in Carbiolice for €17.9 million
PARIS, FRANCE: Carbios SA has acquired SPI Fund’s entire shares (37.29%) in Carbiolice capital for a purchase price of €17.9 million, a news release said. Since the creation of Carbiolice in 2016, the close collaboration between Carbios and the SPI Fund enabled the industrial development of a unique innovative solution: The creation of a new…
Stealth Global Holdings to acquire Heatley Sales for A$4.2 million
SYDNEY, AUSTRALIA: Stealth Global Holdings’ subsidiary, Heatley Sales Pty Ltd has reached an agreement to acquire the business assets of Skipper Transport Parts (STP) for A$4.2 million. STP is currently an operating division within AMCAP, a subsidiary of Eagers Automotive Limited, Australia’s largest automotive retail group. STP is a market leading distributor of Industrial MRO…
Andfjord Salmon to double production volumes to 19,000 tonnes
OSLO, NORWAY: Andfjord Salmon AS announced an opportunity to initiate a volume expansion plan at its Kvalnes facility. The plan involves increasing production volume by around 50 percent, from 12,600 to 19,000 tonnes HOG. This is equivalent to an annual EBIT increase from approximately NOK 350 million to NOK 500 million at full production. “We…
NOVATEK to sell stake in Arctic Transshipment to TotalEnergies
SAINT-PETERSBURG, RUSSIA: PAO NOVATEK has signed a Share Purchase Agreement with TotalEnergies SE on the sale of a 10% participation interest in Arctic Transshipment LLC. “The transshipment facilities will ensure the optimal utilization of our ice tanker fleet and reduce the cost of transport to consuming markets for the Company’s existing and future LNG projects,”…
Aon divesting U.S. retirement business and Aon Retiree Health Exchange for a total of $1.4 billion
DUBLIN: Aon plc (NYSE: AON) has signed definitive agreements to sell its U.S. retirement business to Aquiline and its Aon Retiree Health Exchange business to Alight for total gross consideration of $1.4 billion. The agreements are intended to address certain questions raised by the U.S. Department of Justice in relation to the combination with respect…
Unisys Corporation agrees to acquire Unify Square for $152.5 million
BELLEVUE, WASHINGTON: Unisys Corporation (NYSE: UIS), has entered into an agreement to acquire Unify Square, the leading experience management provider for secure collaboration and communications platforms, for $152.5 million on a cash-free, debt-free basis, a news release said. The transaction, which is expected to close today, will enable Unisys to leverage Unify Square’s Unified Communications…
Pakistan Kuwait Investment Company to make Rs500 million equity investment in Planet N
KARACHI, PAKISTAN: Pakistan Kuwait Investment Company (Private) Limited (PKIC) announces that it is making an equity investment of PKR 500 million in Planet N (Private) Limited. This is the largest equity investment by a local Financial Institution in a Tech Investment Platform in Pakistan. It was approved by the Board of PKIC in December, 2020….
Steen & Strøm divests four shopping centers in Norway
OSLO, NORWAY: Steen & Strøm has entered into an agreement for the sale of four shopping centers in Norway including Amanda Storsenter (Haugesund), Nordbyen (Larvik), Vinterbro (Follo) and Nerstranda (Tromsø), a news release said.Amanda Storsenter, Nerstranda and Vinterbro are owned 100% by Steen & Strøm AS. Nordbyen is owned 50% by Steen & Strøm and…