LONDON, UK: Revolution Beauty Group Limited announced its intention to seek admission of its shares to trading on AIM, a market of London Stock Exchange. Admission is expected to take place in July 2021. Zeus Capital is acting as Nominated Adviser, Bookrunner and Broker to the Company. Adam Minto, Founder and CEO of Revolution Beauty,…
S&P Global revises outlook for Kaspi.kz’s Kaspi Bank to positive
LONDON, UK: S&P Global announced its decision to revise the outlook for Kaspi Bank, a core component of Kaspi.kz’s Fintech Platform, to Positive citing strong asset quality, solid operating performance and shift towards BNPL and merchant financing. According to S&P Global: · “Operating performance remained strong in 2020 and first-quarter 2021. Return on average equity…
TotalEnergies and Uber partner to accelerate the transition towards electric urban mobility
PARIS, FRANCE: TotalEnergies and Uber are partnering to accelerate the transition of Uber’s drivers towards electric mobility, by providing support for vehicle conversion and easier access to charge points, a news release said. This partnership targets France at first, with the possibility to extend it to other European countries. Uber has set an objective to…
Octopus Titan sells Semafone Ltd to Livingbridge
LONDON, UK: The Board of Octopus Titan VCT plc announced that Semafone Ltd has been acquired by Livingbridge. The exit represents an 8.5x return on Octopus Titan VCT plc’s initial investment, and a 7.5x return on the total investment, representing an IRR of 25%. The resulting cash proceeds attributable to Titan are not materially different…
Symphony partners with AI-powered fintech Saphyre
NEW YORK: Symphony Communication has established a strategic partnership with fintech firm Saphyre Inc. to integrate patented AI technology into pre- and post-trade workflows for front, middle and back-office teams, a news release said. The integration creates a one-stop, seamless experience for real-time notification updates for all onboarding and maintenance-related activities and ready-to-trade statuses of…
Fred. Olsen Ocean partners with Shimizu to drive offshore wind industry progress
OSLO, NORWAY: Fred. Olsen Ocean (FOO) announced a partnership with Shimizu Corporation to support growth and development in the offshore wind industry in Japan and worldwide. The partnership between these organizations marks an important milestone as it brings together FOO’s specialist knowledge, experience and capabilities as a global leader in offshore wind turbine installations, and…
Shelf Drilling gets Total E&P Nigeria contract for the Baltic
DUBAI, UAE: Shelf Drilling Ltd. has secured a contract for the Baltic jack-up rig with Total E&P Nigeria Limited for operations offshore Nigeria, a news release said. The contract duration is for five wells – estimated to be 380 days, plus additional option period, and is expected to commence in June 2021. Shelf Drilling is…
Vow ASA awarded contract with Chantiers de l’Atlantique for world largest cruise ship
OSLO, NORWAY: Vow ASA has through its subsidiary Scanship been awarded a contract with the French shipyard Chantiers de l’Atlantique for the delivery of advanced wastewater purification system to be installed on the seventh newbuild for Royal Caribbean International Oasis class of ships, a news release said. This newbuild is planned to be the largest…
Bestway Cement commissions 14.3 MW solar plant at it’s Farooqia facility
KARACHI, PAKISTAN: Bestway Cement and Reon Energy Limited today energized 14.3 MW captive solar power project at Farooqia, Khyber Pakhtunkhwa. The plant is part of around 50 MW project deal dispersed across Bestway’s four locations i.e., Farooqia, Chakwal, Kallar Kahar and Hattar. The deal between Bestway and Reon is the largest distributed energy project in…
Studsvik AB to dismantle nuclear power plants in Germany
STOCKHOLM, SWEDEN: Studsvik AB has been working in dismantling for about 20 years in Germany and nearby countries. The agreements now signed create the foundation for long-term business relations. The services will be evenly distributed over a three-year period. Studsvik Decommissioning and Radiation Protection Services business area offers services in radiation protection, decommissioning, dismantling, decontamination,…
Saga Pure acquires Hyon and partners with Nel and Norwegian Hydrogen
OSLO, NORWAY: Saga Pure ASA announced the acquisition of Hyon AS from former owners, amongst them, PowerCell Sweden AB. Saga Pure, Nel ASA and Norwegian Hydrogen AS will have equal shareholdings in the company. Hyon has a strong position within maritime hydrogen solutions and will mainly focus on developing hydrogen and bunkering solutions for harbors…
NOTE AB wins big deal in China
STOCKHOLM, SWEDEN: NOTE AB has signed a co-operation agreement with a large international customer, long listed on the so-called Fortune 500 list. NOTE will manufacture a new generation of a programming module intended for broad applications in industry and for educational purposes. In addition to electronics production in high quantities, NOTE will be responsible for…