LONDON, UK: (London Stock Exchange Group) LSEG Plc announced that, with the integration of Refinitiv now well underway, David Craig will leave the Group at the end of 2021. Andrea Remyn Stone will become Group Head, Data & Analytics, effective 1 July, 2021. Andrea, currently Chief Product Officer, Data & Analytics, will work closely with…
Sampo continues to reduce its holding in Nordea Bank
HELSINKI, FINLAND: Sampo Group has announced a sale of a maximum of 162 million Nordea Bank shares to institutional investors. The sale represents at most 4.0 per cent of the outstanding shares in Nordea and would reduce Sampo’s ownership in Nordea to 11.9 per cent. The planned disposal represents a further step in Sampo Group’s…
Bonava AB winds down its operations in Denmark
STOCKHOLM, SWEDEN: Bonava AB, a residential developer in Northern Europe, has decided to wind down its operations in Copenhagen and exit the Danish market in order to increase efficiency and profitability in the Group, a news release said. The decision is the first step in the company’s strategic review. Costs of approximately SEK 120 million…
Engie SA sells 3.7 million shares in GTT at €67/share
PARIS, FRANCE: Engie SA has completed the sale of 3.7 million shares of Gaztransport & Technigaz (GTT) at €67/share and raised €248 million through a private placement executed through an accelerated bookbuilding process. Concurrently with the equity placement, Engie priced exchangeable bonds due 2024 for an aggregate nominal amount of €290 million, which will be…
Total acquires 20% stake in Hysetco
PARIS, FRANCE: Total SE has acquired 20 percent stake in Hysetco, a French company dedicated to the development of hydrogen mobility in cities. Hysetco owns the largest fleet of hydrogen taxis in the world, launched in 2015 and operated in the Île-de-France region under the Hype brand, as well as hydrogen stations. The Hype project…
Palla Pharma appoints Giles Moss as new CEO
SYDNEY, AUSTRALIA: Palla Pharma Limited announced that Mr Giles Moss has been appointed as the new Chief Executive Officer (CEO) of the Company and will assume the role on September 1, 2021. Giles brings over 30 years of commercial leadership and significant operational experience in the pharmaceutical industry to this role. Over his career, Giles…
Nick Winks appointed Non-Executive Chairman of Sureserve Group
LONDON: Sureserve Group announced that Nick Winks will join the Board as independent Non-Executive Chairman of the Group with immediate effect. Robert Legget will resume his role as Senior Independent Director of the Group. Nick’s early career saw him hold a variety of senior management roles including as MD or CEO of a number of…
Go-Ahead announces retirement of CEO David Brown
LONDON, UK: The Board of the Go-Ahead Group plc announced that David Brown has notified the Board of his intention to retire as Group Chief Executive at the end of this year after more than 10 years leading the business. David has spent nearly 40 years working in the transport industry, including as CEO of…
LSL Property Services sells its 49.6% shareholding in LMS for £12 million
LONDON, UK: LSL Property Services announced the sale of its holding of 49.6% in LMS (Legal Marketing Services), a provider of conveyancing panel management services, to a UK Private Equity firm, for a cash consideration of £12 million. The sale simplifies the Group structure, providing further capital for deployment into opportunities to accelerate the Group’s…
CyanConnode signs Key MOU with Intellismart
LONDON, UK: CyanConnode Holdings has signed a MOU (Memorandum of Understanding) with Intellismart, (Intellismart Infrastructure Private Limited), a joint venture company formed by EESL, (Energy Efficiency Services Limited), and NIIF, (National Investment and Infrastructure Fund). Intellismart is a Meter Asset Provider which deploys smart meters by funding CAPEX, which it then recovers through an OPEX…
Europa Oil & Gas gets oil storage consent for Wressle Oil Field
LONDON, UK: Europa Oil & Gas (Holdings) plc has been advised by the operator that consent has been received from North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the Wressle Oil Field Development. Europa Oil & Gas (Holdings) plc is the UK, Ireland and Morocco focused…
Carlyle’s Murano Bidco to acquire Vectura Group in a £958 million deal
LONDON, UK: The boards of Vectura Group and Murano Bidco have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco shall acquire all of the issued and to be issued ordinary shares of Vectura Group. The acquisition values the entire issued and to be issued ordinary share capital of Vectura…