NEW YORK: PayPal will acquire cryptocurrency security firm Curv as part of its push into digital tokens, a news release said. The deal is expected to close in the first half of 2021. Founded in 2018, Curv provides companies with digital asset security technology that’s delivered as a cloud service. PayPal said the deal will help…
Trustpilot Group confirms intention to float on LSE
LONDON: Draper Esprit noted the announcement this morning from Trustpilot Group confirming its intention to undertake an initial public offering (IPO). Draper Esprit first invested in Trustpilot in 2013 and has since increased its holding through a combination of secondary acquisitions and participation in follow on rounds. The Company’s total investment to date has been…
Humayun Bashir elected Chairman of NCCPL
KARACHI: The Board National Clearing Company of Pakistan Limited (NCCPL) has re-elected Humayun Bashir as its Chairman from amongst the independent directors. NCCPL is an infrastructure institution of Pakistan’s capital market, acting as a central counterparty and the only licensed entity providing clearing and settlement services for trades and transactions executed at the securities exchange….
Olvi Plc acquires Piebalgas Alus, a microbrewery in Latvia
HELSINKI: Olvi plc’s Latvian subsidiary AS Cesu Alus is acquiring the entire stock of Piebalgas Alus, a widely known and appreciated microbrewery in the Vidzeme province of Latvia. The acquisition brings more strength to our product portfolio in premium craft beers and kvass in the retail and HoReCa markets. The Piebalga brewery was established in…
CEO Craig Jasienski leaves Wallenius Wilhelmsen ASA
OSLO: The Board of Wallenius Wilhelmsen ASA have in dialog with President and CEO Craig Jasienski agreed to end his employment with the company effective today, 8 March 2021. The Board extends its gratitude to Craig Jasienski for his efforts in various positions in the group over more than 30 years. The Board will initiate…
Total Quadran wins 50 MW projects in latest national solar tender
PARIS, FRANCE: Total SE through Total Quadran is awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender. Total thus confirms its position as number 1 in solar development in France with close to 400 MW, the largest volume awarded over the last 18 months….
NORBIT ASA acquires Norwegian IoT company StalkIT for NOK 24 million
TRONDHEIM: NORBIT ASA announced an agreement for acquisition of business and assets from the Norwegian IoT company StalkIT and associated companies. The transaction price is agreed to NOK 24 million and is expected to be financed by use of NORBIT´s available credit lines. “Through the acquisition we are broadening our product offering and strengthening our…
Mode Global appoints Jonathan Conway as Chief Technology Officer
LONDON: Mode Global Holdings announced the appointment of Jonathan Conway as Chief Technology Officer. Jonathan brings a combination of experience across fintech, payments, as well as Open Banking. He co-authored the payments and security sections of the UK Open Banking Specification which lays out an open standard that enables account-to-account (A2A) payments, and a safe…
DP World and CDPQ’s sign agreement with Maspion Group for a container port and industrial logistics park in East Java
DUBAI: DP World alongside its partner Caisse de dépôt et placement du Québec (CDPQ) signed a 35 year concession agreement to partner with Indonesia’s leading conglomerate Maspion Group to develop and operate an integrated container port and industrial & logistics park in Gresik (Java), Indonesia. The Java region is the key trading hub and generates…
Deliveroo plans IPO on London Stock Exchange
LONDON: Deliveroo, the online food delivery platform that operates in over 800 locations across 12 markets, is considering an initial public offering (IPO) for the standard listing segment of the Official List of the FCA and to trading on the main market of the London Stock Exchange. Highlights: ● Shares would be admitted to the…
Kape Technologies acquires Israel based Webselenese Ltd. for$149.1 million
LONDON: Kape logies announced the acquisition of Webselenese Ltd., a digital platform which provides independent and highly valued consumer privacy and security content to millions of users globally via market leading review sites. The total consideration for the acquisition is c. $149.1 million on a net cash basis. Kape anticipates that the Acquisition will support…
Domino’s Pizza Group sells Sweden business
OSLO: Domino’s Pizza Group plc (DPG) has reached agreement to sell its entire shareholding in PPS Foods AB (Domino’s Sweden) to Eyja fjárfestingafélag III EHF Eyja fjárfestingafélag III EHF is a wholly owned subsidiary of Eyja fjárfestingafélag EHF, a company controlled by Birgir Bieltvedt. Mr. Bieltvedt is an indirect owner of DP Norway AS. DPG…