OSLO: Nel ASA has entered into an MoU with Haldor Topsoe with the intent to offer customers end-to-end green ammonia and methanol solutions, based on globally leading technologies from the two companies, a news release said. “We are very excited to join forces with Haldor Topsoe for possible future development of end-to-end green ammonia and…
RoodMicrotec completes of secured bond loan refinancing
DEVENTER: RoodMicrotec N.V. announced the completion of the refinancing of the secured bond loan issued in 2014. A small group of long time investors has provided the funds for the new loan to the Company and the Company has transferred the funds to NPEX, who will administer the repayment of the outstanding bonds in the amount…
Aker Solutions and Doosan Babcock partner up for sustainable energy projects in UK
OSLO: Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK, a news release said. The partners will particularly focus on pursuing and winning contracts for new hydrogen production plants, and facilities for carbon capture, utilization and storage (CCUS). Opportunities for other projects within the…
Saga Pure to acquire 33% stake in IC Technologies
OSLO: Saga Pure ASA has committed to subscribe for NOK 30 million in a private placement of new shares in IC Technologies AS (ICT), which is developing a novel storage solution for liquid hydrogen and LNG. “One of the crucial elements in the hydrogen value chain is storage, distribution and transportation. Liquid hydrogen is the…
Subway signs two-year multi-million-pound sponsorship with Guild Esports
LONDON: Guild Esports welcomes Subway as the Company’s Official Quick-Service Restaurant Partner with the signing of a two-year multi-million-pound sponsorship deal covering 55 markets in the EMEA region. The deal is the third revenue-generating sponsorship secured by Guild Esports since its flotation on the London Stock Exchange on 2 October 2020. Under the terms of…
IWG plc appoints Glyn Hughes as Chief Financial Officer
LONDON: IWG plc has appointed Glyn Hughes as Chief Financial Officer (CFO) with effect from 25 March 2021 when he will also join the Board. Glyn takes over the CFO role from Eric Hageman who will resign as a director of IWG plc on that date while remaining for a transitional period to ensure a…
Apax X Fund to acquire majority stake in Rodenstock Group
LONDON: Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake in Rodenstock Group, a leading manufacturer of premium ophthalmic lenses. The transaction is expected to close by Q3 2021, subject to applicable regulatory requirements, a news release said. On a…
Mobile Streams announces acquisition of 49% of KrunchData Limited
LONDON: Mobile Streams has reached agreement to acquire a 49% interest in KrunchData Limited for £735,000, comprising £500,000 cash and 90,384,615 Ordinary Shares issued at 0.26p each, with an option to acquire the remaining 51% at any time in the next two years for £765,000. As part of the Transaction, it has been agreed that…
S4 Capital’s MediaMonks to merge with Jam3
LONDON: S4Capital plc has entered into a conditional agreement in relation to a merger of Jam3 with MediaMonks, which is S4Capital’s Content practice. Through the merger, MediaMonks will deepen its creative capabilities and expand its presence in Los Angeles, The Netherlands, Canada and Latin America–with an all-new expansion in Uruguay. Founded in 2004, Jam3 is…
Westpac considering selling New Zealand business
SYDNEY: Westpac is assessing the appropriate structure for its New Zealand business and whether a demerger would be in the best interests of shareholders. Westpac is in the very early stage of this assessment and no decisions have been made. This will also consider the impact of the Reserve Bank of New Zealand’s (RBNZ) reviews…
Seeka Limited agrees to acquire Opotiki Packing and Cool Storage Limited
AUCKLAND: Seeka Limited has entered into an amalgamation agreement which offers the shareholders of the leading regional integrated kiwifruit business Opotiki Packing and Cool Storage Limited (OPAC) new shares in Seeka Limited. The OPAC shareholders will receive new shares in Seeka at the ratio of 1.4833 Seeka shares for every 1 OPAC share held, valuing…
GFH signs agreement with BHB, CBB to offer Murabaha service
MANAMA: GFH Financial Group (GFH) announced the signing of an agreement with Bahrain Bourse (BHB) and the Central Bank of Bahrain (CBB), which will allow the group to offer the Murabaha service to its clients. The service, launched in May 2020, is provided through the utilization of Sharia’a-compliant Ijara Sukuk as the underlying asset for the undertaking…