LONDON, UK: Kainos Group plc (KNOS), a leading digital technology company and Workday (NASDAQ:WDAY) Services Partner, operating in two specialist divisions, Digital Services and its Workday Practice, today announces the acquisition of Cloudator Oy’s Workday division. Founded in 2011 in Helsinki, Finland, Cloudator offers services for the full suite of Workday enterprise cloud applications, including…
Renew Holdings subsidiary acquires Rail Electrification Limited for £5.3 million
LONDON, UK: Renew Holdings announced that its wholly owned subsidiary, QTS Group Limited, has acquired the entire issued share capital of Rail Electrification Limited (REL), for a total cash consideration of up to £5.3 million. Based in Scotland, Rail Electrification Limited (REL) is a leading provider of high-quality services and Road Rail Plant associated with…
Vallourec finalizes the sale of Valinox Nucléaire SAS to Framatome
BOULOGNE-BILLANCOURT: Vallourec, world leader in premium tubular solutions, has finalized the sale to Framatome of the company Valinox Nucléaire SAS, located at the French production facility in Montbard (Burgundy, Côte d’Or). Founded in 1974, Valinox Nucléaire SAS – France is specialized in the manufacturing of tubes for nuclear islands. All required regulatory approvals and authorizations…
Vivendi completes the acquisition of Prisma Media
PARIS, FRANCE: Vivendi SE has completed today the acquisition of 100% of Prisma Media, a news release said. The Group signed a put option agreement with Gruner+Jahr/Bertelsmann on December 23, 2020. The Prisma Media acquisition is part of Vivendi’s development strategy in media to gain a foothold in an industry that strongly complements its existing…
Shell Energy Pakistan receives gas marketing license from OGRA
KARACHI, PAKISTAN: The Oil & Gas Regulatory Authority (OGRA) has awarded a ‘gas-marketing license’ to Shell Energy Pakistan (Pvt) Limited, a news release said. Shell Energy Pakistan (Pvt) Limited has been incorporated with the aim of carrying out downstream gas marketing activities in Pakistan. It aims to aggregate demand from customers and secure competitive international…
S&P improves Metalloinvest outlook to positive from stable
MOSCOW, RUSSIA: Metalloinvest Finance Designated Activity Company (IRSH), a leading global iron ore and HBI producer and supplier, announced that Standard & Poor’s Ratings Services (S&P) has improved the company’s outlook to positive from stable, affirming a ‘BB+’ long-term corporate credit rating. According to a statement published by S&P, Metalloinvest’s outlook revision to positive reflects…
Afarak Group sells Ilitha mine assets for Euro 23.8 million
HELSINKI, SWEDEN: The Board of Directors of Afarak Group Plc has approved the arrangement for the sale of Ilitha’s plant, assets and mining right for Euro 23.8 million, a news release said. Ilitha is a South African company which holds the Stellite mine. The buyers are WMA Chrome Mining Property Limited and WMA Minmet Processing…
Oriola Corporation sells its ownership in Doktor.se for SEK 340 million
HELSINKI, FINLAND: Oriola Corporation has decided to sell up to 50% of its approximately 14% ownership share of Doktor.se, a leading Swedish e-health provider. The sales price is approximately SEK 340 million. The profit from the sale will be recognised in other comprehensive income in the consolidated financial statements. Thus, the transaction does not have…
Axfood acquires wholesale business Bergendahls Food, enters partnership with City Gross
STOCKHOLM SWEDEN: Axfood AB has through Dagab Inköp & Logistik AB reached an agreement with Bergendahl & Son AB to acquire 100 percent of Bergendahl Food AB. The acquisition will result in economies of scale, cost synergies, and increased competitiveness. Through increased efficiency, product range and logistics improvements, this also benefits wholesale customers and Sweden’s…
Glen Ole Rødland has resigned as Chair of Axactor SE Board
OSLO, NORWAY: Glen Ole Rødland has resigned as Chair of the Board of Axactor SE with immediate effect, a news release said. “I regret to announce that I have resigned as Chair of the Axactor Board. I have had an exciting time in Axactor. Together with a very competent Board and management, we have further…
Airthings appoints Audhild Andersen Randa as new COO
OSLO, NORWAY: Airthings ASA has appointed Audhild Andersen Randa as Chief Operating Officer. Audhild will join Airthings’ Leadership Team starting August 1st. Audhild is an experienced leader with a strong international, technical, and commercial background. She joins Airthings from Circle K, where she has been leading a team of 230 IT professionals across 9 countries…
Glen Ole Rødland steps down as Chairman of Seadrill Board
HAMILTON, BERMUDA: Seadrill Limited announced that Glen Ole Rødland has notified Seadrill that he will be stepping down from the Board with immediate effect, having been Chairman since November 2019. The Board would like to thank Glen for his leadership and counsel during his tenure as Chairman of Seadrill, and the work he has led…