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…
Healthcare SaaS company, Nordhealth lists on Euronext Growth Oslo
ESPOO, FINLAND: Nordhealth AS, a leading provider of cloud-based Practice Management Software (PMS) for veterinarians and therapists, was today admitted to trading on Euronext Growth Oslo under the symbol NORDH.Nordhealth is a cloud-based healthcare SaaS company whose mission is to redefine digital healthcare. The Company’s products empower healthcare professionals to improve patient care, increase efficiency…
MEPS partners Zwipe to bring next generation contactless payment cards in MENA
AMMAN, JORDAN: Middle East Payment Services (MEPS) is partnering with biometric fintech Zwipe to bring next generation contactless payment cards in the Middle East and North Africa (MENA) region, a news release said. Middle East Payment Services (MEPS) is a principal issuer and acquirer of payment cards in Jordan, Iraq, Palestine, and provides card issuance…
Thinfilm Electronics changes corporate name to Ensurge Micropower
OSLO, NORWAY: Thinfilm Electronics today announced that it will become Ensurge Micropower ASA. This new identity builds on the company’s fundamental transformation in 2020 and reflects its differentiation and rapid progress in technology, product, and manufacturing innovation. As the company approaches commercialization in the second half of 2021, the new brand reflects the energy and…
Akropolis Group lists its Eurobonds on Euronext Dublin and Nasdaq Vilnius stock exchanges
LONDON, UK: Eurobonds of the debut EUR 300 million 5-year issue of Akropolis Group, the biggest manager of shopping centres in Lithuania, which was successfully distributed last week, have been listed on Euronext Dublin and Nasdaq Vilnius stock exchanges, a news release said. Eurobonds of the company have become available to investors on the Irish…