OSLO, NORWAY: With a mission of simplifying business for construction companies and craftsmen, the SaaS company SmartCraft ASA goes public on Oslo Børs today, with a market capitalization of approximately NOK 3 billion. “The listing on Oslo Børs today, marks a huge milestone for the company. We have received strong support from many new shareholders,…
Lifecare AS acquires Cantimed UG for EUR 0.65 million
BERGEN, NORWAY: Lifecare AS has acquired 100% ownership of the German company Cantimed UG, following a share purchase agreement with Nanoscale Systems Nanoss GmbH. The transaction includes a license ensuring Lifecare´s access to the patented Nano3DSense technology in the medical field. This implies a continuation of Lifecare’s license covering the field of diabetes originally established…
Apax Digital Fund invests €3.6 million in Revolution Prep
LONDON, UK: The Apax Digital Fund, in which AGA is a limited partner, announced an investment in Revolution Prep, a leading national provider of online academic tutoring and test preparation services. On a look through basis, AGA is expected to invest approximately €3.6m in the company. Note that these figures relate to AGA’s look through…
Spectral MD gets $1.1 million contract from US Department of Defense
LONDON, U.K: Spectral MD Holdings has been awarded a 2-year, US$1.1 million Sequential Phase II Small Business Technology Transfer (STTR) contract from the Defense Health Agency (DHA) within the US Department of Defense (DoD). This Contract will support Spectral MD in advancing a new, multispectral imaging (MSI) sensor intended to enable the development of a…
888 Holdings and Authentic Brands Group form online sports betting and iGaming partnership
LONDON, UK: 888 Holdings and Authentic Brands Group (ABG) announced an exclusive partnership to develop Sports Illustrated online sports betting and iGaming products in the United States, a news release said. Leveraging 888’s world-class proprietary and scalable technology, 888 expects to kick off the partnership with the launch of an all-new Sports Illustrated wagering experience…
PPHE unlocks £113.7 million of equity through a joint venture with Clal Insurance
LONDON, UK: PPHE Hotel Group has agreed terms to enter into a joint venture with Clal Insurance, one of Israel’s leading insurance and long-term savings companies, in respect of two of the Group’s prime London assets. PPHE will receive a cash consideration of £113.7 million as part of this transaction, enabling the Group to pursue…
Bango Plc announces new European Xbox deal
LONDON, UK: Bango Plc, the global platform for data-driven commerce, has expanded European availability of the latest Xbox Game Pass telco bundle into the Netherlands. As a result of this new coverage, Dutch gamers will now be offered Game Pass Unlimited subscriptions with broadband and other telco services. This launch is timed perfectly for the…
Aker Clean Hydrogen acquires 20% ownership in Meraker Hydrogen AS
OSLO, NORWAY: Aker Clean Hydrogen, through investing in a private placement, has acquired 20 percent ownership in Meraker Hydrogen AS, a news release said. The aim of the investment is to accelerate the development of green hydrogen production in Mid-Norway and decarbonize local transportation and industry. The company intends to build a plant producing up…
Octopus Digital selling its 20% shares for Rs793.15 million through IPO
KARACHI, PAKISTAN: Octopus Digital Limited will sell 20% shares at a floor price of Rs29/share translating into Rs793.15 million, a news release said. Pakistan Stock Exchange (PSX) has invited the public comments on the draft prospectus of Octopus Digital, a software development and IT solutions subsidiary of Avanceon Limited, which plans to sell 27.35 million…
BW Ideol and Hitachi ABB to develop scalable floating substations for offshore wind
OSLO, NORWAY: BW Ideol has signed a memorandum of understanding with Hitachi ABB Power Grids, the world’s leading supplier of grid integration and power quality solutions, for an industry-first collaboration on developing scalable floating substations to support development of profitable commercial-scale floating offshore wind farms with high-capacity wind turbines. Floating offshore wind is the next…
Skanska selling PCI Skanska to Salas O’Brien for $20 million
HELSINKI, FINLAND: Skanska has signed a binding Stock Purchase Agreement (SPA) for its 100 percent ownership of PCI Skanska Inc. (PCIS), a multi-discipline design subsidiary company, for gross sale proceeds of USD 20 million, about SEK 170M. The buyer is engineering and facility planning firm Salas O’Brien. The transaction will not have any material impact…
Vodafone’s European network 100% powered by renewable electricity
LONDON, UK: Vodafone confirmed that its entire European operations – including mobile and fixed networks, data centres, retail and offices – will be 100% powered by electricity from renewable sources from 1 July 2021, marking a key step towards Vodafone’s goal of reducing its own carbon emissions to ‘net zero’ by 2030 and across the…