PARIS, FRANCE: TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño S.A. to Corporation Venezonala de Petróleos (CVP), an affiliate of Petróleos de Venezuela (PDVSA). Equinor having also decided to transfer in parallel its participation of 9.67% in the company, PDVSA will own 100% of Petrocedeño….
TotalEnergies to power Amazon’s operations with renewables
PARIS, FRANCE: TotalEnergies has announced a strategic collaboration with Amazon through which TotalEnergies will contribute to Amazon’s commitment to power its operations with 100% renewable energy. Amazon will help TotalEnergies accelerate its digital transformation. This strategic agreement spans both the TotalEnergies and Amazon businesses: Renewable Energy: TotalEnergies and Amazon have signed power purchase agreements (PPAs)…
Raymond James agrees to acquire Charles Stanley Group for £278.9 million
LONDON, UK: Raymond James UK Wealth Management Holdings Limited (Bidco) has agreed to buy entire issued and to be issued share capital of Charles Stanley Group at 515 pence in cash for each Charles Stanley share translating into £278.9 million. The acquisition is being implemented by way of a Court-sanctioned scheme of arrangement under Part…
ESO Investments acquires majority stake in Hamsard 3634
LONDON, UK: EPE Special Opportunities Limited (ESO) through ESO Investments 1 Limited acquired a majority stake in Hamsard 3634 Limited, a news release said. Hamsard 3634 owns a collection of six heritage British homeware brands, including the iconic Kilner and Mason Cash marques, as well as Viners, Typhoon, Ravenhead and Price & Kensington. The Target…
David Allmond appointed CEO at Novacyt S.A
PARIS, FRANCE: Novacyt S.A announced the appointment of David Allmond as CEO and a member of the Board of Directors effective from 18 October 2021. At that time Graham Mullis, having informed the Board that he wishes to retire after 13 years with the expanded Group, will stand down as CEO and board member. David,…
IOG plc signs gas sales agreement with Gazprom
LONDON, UK: IOG plc announce thed execution of a gas sales agreement (GSA) with Gazprom Marketing & Trading Limited (GM&T). This follows a competitive offtake process involving more than 10 bidders over recent months, a news release said. The GSA relates to IOG’s equity production for the first two years from the Elgood and Southwark…
Victoria Hull joins IQE Plc Board
LONDON, UK: IQE plc, the leading global supplier of advanced semiconductor wafer products and material solutions to the semiconductor industry, announced the appointment of Victoria Hull as Non-Executive Director, effective from 1 August 2021. She will also become Chair of IQE’s Remuneration Committee following Sir David Grant’s retirement in September. An experienced Non-Executive Director, Victoria…
SEC Newgate buys majority stake in Twister Communications Middle East
LONDON, UK: SEC Newgate S.p.A. has acquired a 70% shareholding in Twister Communications Middle East, the Dubai-based branch of Italian PR firm Twister Communications Group. The acquisition is in line with the Group’s Strategic Plan 2021/2023 for expansion in key strategic markets, including Middle East. Twister ME, which will be rebranded SEC Newgate ME, has…
Marlowe buys Barbour EHS from Informa Plc for £32 million
LONDON, UK: Marlowe plc has acquired Barbour Environment, Health and Safety (Barbour EHS) from Informa plc for a net cash consideration of £32 million. Headquartered in London and established in 1957 as a print-based regulatory catalogue, Barbour EHS has evolved into a leading regulatory SaaS platform, providing data, information and insights to more than 1,000…
Creightons plc acquires Emma Hardie in a £6.36 million deal
LONDON, UK: Creightons plc has acquired the entire share capital of Emma Hardie Limited including the Emma Hardie skincare brand. Emma Hardie Limited sells products under the Emma Hardie Skincare brand and prides itself on creating natural, cruelty-free, innovative products. Founded in September 2009, Emma Hardie Skincare has become an international, independent skincare brand with…
Lloyds Banking Group to acquire Embark Group for £390 million
LONDON, UK: Lloyds Banking Group intends to acquire the Embark Group, a fast growing investment and retirement platform business, a news release said. A consideration of c.£390 million will be paid for the entire share capital of Embark upon completion. The transaction is expected to have a c.30 basis points impact on Group CET1 capital…
Anglo American to return an additional $2 billion to shareholders
LONDON, UK: Anglo American plc announced its intention to return an additional $2 billion to its shareholders through an on-market irrevocable and non-discretionary share buyback programme of $1 billion and a special dividend of $0.80 per ordinary share, equal to $1 billion. Mark Cutifani, Chief Executive of Anglo American, said: “We entered this period of…