OSLO, NORWAY: Aker Carbon Capture has completed a capital increase of NOK 840 million to support the further growth of its market-leading carbon capture offering. The company issued 38,181,818 new shares in a private placement, priced at NOK 22 per share. The placement was multiple times over-subscribed amidst strong demand, particularly from international investors. “The…
Wiseway completes acquisition of TAF E-Logistics
SYDNEY, AUSTRALIA: Wiseway Group Limited announced that its subsidiary Wiseway Logistics Pte (Wiseway Singapore) has completed its strategic acquisition of TAF E-Logistics (Asia) Pte Ltd. Ms Florence Tong, Wiseway Managing Director, commented, “We are very pleased to complete our first cross-border acquisition and welcome TAF to our Group. “This strategic acquisition will deliver valuable supply…
Liam Thomas appointed CEO of New Energy Solar
SYDNEY, AUSTRALIA: New Energy Solar Limited announced that Liam Thomas will be appointed as the Chief Executive Officer (CEO) of the Company with effect from 1 October 2021. Liam is the current Chief Investment Officer of New Energy Solar Limited. He has been with the business since March 2016 and overseen the acquisition and construction…
Brooke Farris appointed CEO of Rip Curl
AUCKLAND, NEW ZEALAND: Brooke Farris is appointed as Chief Executive Officer of Rip Curl, a news release said. This follows the previously announced promotion of Michael Daly from this role to Group Chief Executive Officer and Managing Director of Kathmandu Holdings Limited. Brooke will report to Michael in her new capacity as Rip Curl Chief…
CCH Holdings buys Coca-Cola Bottling Egypt for $427mn
ZUG, SWITZERLAND: Coca-Cola HBC Holdings (CCH Holdings) has reached agreement to acquire 94.7% of Coca-Cola Bottling Company of Egypt (CCBCE) from its major shareholders including The Coca-Cola Company (TCCC) and MAC Beverages Limited (MBL) for an agreed combined purchase price of US$427 million. Zoran Bogdanovic, CEO of Coca-Cola HBC, said: “We are excited to welcome…
MAST acquires 9 MW Pyebridge generation facility
LONDON, UK: Kibo Energy PLC, the multi-asset energy development company, notes that its 55% subsidiary, MAST Energy Developments acquired a 9MW Gas-powered Standby Generation Facility. MAST is a UK -based multi-asset operator in the rapidly growing Reserve Power market. MAST’s most recent corporate transaction involves the completion of a Sale and Purchase Agreement (“SPA”) to…
Glanbia launches share buy-back of up to €50m
LONDON, UK: Glanbia plc, the Global Nutrition Group, will commence a share buy-back programme of up to €50 million in total value in Glanbia plc ordinary shares. The purpose of the share buyback programme is to reduce the share capital of the Company (any Shares repurchased for this purpose will be cancelled). The Company has…
Glanbia launches share buy-back of up to €50m
LONDON, UK: Glanbia plc, the Global Nutrition Group, will commence a share buy-back programme of up to €50 million in total value in Glanbia plc ordinary shares. The purpose of the share buyback programme is to reduce the share capital of the Company (any Shares repurchased for this purpose will be cancelled). The Company has…
Aviva announces £750m ordinary shares buyback
LONDON, UK: Aviva plc will commence a share buyback programme of its ordinary shares for up to a maximum aggregate consideration of £750 million, commencing on 13 August 2021, a news release said. Aviva has entered into a non-discretionary agreement with Citigroup Global Markets Ltd to conduct the Programme on its behalf and to make…
Powerhouse Energy acquires stake in Engsolve Limited
LONDON, UK: Powerhouse Energy Group, the UK technology company commercialising hydrogen production from plastic, announced acquisition of 48% of the share capital of Engsolve Limited, the engineering consultancy. The shares have been bought for a consideration of £99,990 in cash from Engsolve shareholders. Reasons for the Acquisition Paul Emmitt, the Company’s Chief Technology Officer, is…
Keywords Studios acquires AMC for €2.8 million
LONDON, UK: Keywords Studios has acquired the entire issued share capital of AMC, a video game art creation studio for a total consideration of €2.8 million, a news release said. The acquisition adds significant talent and experience to Keywords’ art service line and establishes its presence in Eastern Europe. The acquisition also brings opportunities for…
TechnipFMC makes strategic investment in Loke Marine Minerals
PARIS, FRANCE: TechnipFMC is joining forces with Loke Marine Minerals to develop enabling technologies for the extraction of seabed minerals, driving the energy transition and a sustainable future. Marine minerals have been identified by the World Bank, World Economic Forum, and International Energy Agency as one of the potential solutions to meet the increasing demand…