ROTTERDAM, NETHERLANDS: Aegis and Vopak announced that the companies have decided to join forces in India with the aim to grow together in the LPG and chemicals storage and handling business. The new partnership Aegis Vopak Terminals Ltd will operate a network of 8 terminals that are located in five strategic ports along the east…
ING to transfer retail banking operations in Austria to bank99
AMSTERDAM, NETHERLANDS: ING GROEP N.V. (ING) has reached an agreement to transfer ING’s Retail Banking operations in Austria to bank99, the bank of Österreichische Post, the Austrian postal services. The agreement follows a review of strategic options for ING’s Retail Banking operations in Austria as announced in March 2021. ING will retain its Wholesale Banking…
Sealand Capital launches online store
LONDON, UK: Sealand Capital Galaxy Limited (LSE: SCGL) is delighted to announce that the Company has launched its own online store, England Pie www.yingchaopai.tmall.hk on Tmall.com. Tmall.com is a Chinese-language website for business-to-consumer (B2C) online retail, allowing local Chinese and international businesses to sell brand name goods to consumers in in Hong Kong, Macau and mainland China (“the territories”). England Pie has been…
1Spatial unveils new 1Integrate 3D data rules engine
LONDON, UK: 1Spatial Plc announced an upgrade to its patented rules engine, 1Integrate, which now includes added support for 3D data. In response to growing customer interest in 3D data, 1Integrate 3.0 now supports full 3D data in its data stores, rules and actions. This enhanced capability, available via an additional licence, will enable 1Spatial…
Elliptic Labs signs enterprise software license contract with leading laptop OEM
OSLO, NORWAY: Elliptic Labs has signed its first enterprise software license agreement with one of the top three leading global laptop/PC manufacturers. This agreement is for Elliptic’s AI Virtual Smart Sensor Platform and covers the OEM’s mid-tier high volume commercial laptops across multiple models. Elliptic Labs’ AI Virtual Smart Sensors Platform enables features such as…
Sopheon drives business transformation with new Accolade release
LONDON, UK: Sopheon Plc, the international provider of software, expertise and best practices for enterprise innovation management, announced the latest release of Accolade, the industry-leading enterprise innovation management solution. At the heart of any digital transformation, companies of all sizes embark on critical innovation and product programs requiring product professionals to reduce risk and speed time…
Craneware Plc completes acquisition of SDS Holdco Inc
LONDON, UK: Craneware Plc, a market leader in Value Cycle solutions for the US healthcare market has completed acquisition of SDS Holdco Inc. Application has been made for the 2,507,348 Consideration Shares to be admitted to trading on AIM. Admission of the Consideration Shares is expected to occur at 8.00 a.m. on Wednesday 14 July…
VH Global agrees to a $20 million acquisition of seven projects in Brazil
LONDON, UK: VH Global Sustainable Energy Opportunities plc (GSEO) – a London-listed investment company advised by Victory Hill Capital Advisors LLP – is pleased to announce that it has exchanged contracts to acquire its second US$ 20m project development tranche in Brazil. The capital investment will be used to fund seven distributed solar generation projects,…
insightsoftware attracts c.$1bn investment from Hg Capital
LONDON, UNITED KINGDOM: insightsoftware, a global provider of enterprise software solutions for the ‘Office of the CFO’, announced that it has secured an investment from Hg Capital, a leading global software and services investor. The Hg Saturn 2 Fund will make a c.$1 billion equity investment in insightsoftware to become a significant minority shareholder alongside…
Phoenix Group sells Ark Life Assurance to Irish Life Group for €230 million
LONDON, UK: Phoenix Group Holdings has entered into an agreement to sell Ark Life Assurance Company DAC to Irish Life Group Limited for a total cash consideration of €230 million (£197 million). The cash consideration represents 0.91x Solvency II Own Funds and is payable on completion, expected by early 20222, subject to customary regulatory and…
Disposal of Wirecard subsidiaries in Asia well advanced
MUNICH: The insolvency administrator has achieved further success in completing additional divestitures as part of the insolvency proceedings regarding the assets of Wirecard AG and Wirecard Sales International Holding GmbH. Specifically, this week the shares of two of four subsidiaries in the Asian-Pacific region were sold and transferred to Finch Capital. This was achieved in spite…
Redde Northgate Plc announces acquisition of Charged Electric Vehicles Limited
LONDON, UK: Redde Northgate plc, the leading integrated mobility solutions platform providing services across the vehicle lifecycle, on 9 July 2021 completed the acquisition of Charged Electric Vehicles Limited (ChargedEV), a specialist in the supply and installation of Electric Vehicle (EV) charging equipment across the UK. This strategically significant acquisition provides the Group with a…