PARIS: TotalEnergies (Paris:TTE) has signed an agreement with EIG Partners for the acquisition of all the shares of West Burton Energy for an enterprise value of £450 million. EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.7 billion under management as of March 31, 2024. West Burton Energy owns…
Bloom Equity Partners offers to acquire GRC International for £8.6 million
LONDON: Bloom Equity Partners Management has agreed on the terms and conditions of a recommended all cash offer for the entire ordinary share capital of GRC International Group plc at the rate of 8.0 pence in cash per GRC share. The offer values GRC’s entire issued, and to be issued, ordinary share capital at approximately…
Selecting The Right Golf Instructor For You
Golf is a game of finesse, strategy, and continuous improvement. Whether you’re a seasoned pro or a newcomer to the sport, like a commercial golf simulator, the guidance of a skilled instructor can make all the difference in refining your skills and elevating your game to new heights. But with so many options available, how…
Koninklijke KPN and Dutch pension fund ABP to create a mobile tower company
AMSTERDAM: Koninklijke KPN and Dutch pension fund ABP have signed an agreement to create a new tower company (TowerCo). This strategic partnership is in line with KPN’s ‘Connect, Activate & Grow’ strategy to optimize the value of its passive infrastructure assets and retain strategic flexibility. It demonstrates KPN’s intent to optimize shareholder value and continue…
Finseta plc completes sale of Capital Currencies Ltd
LONDON, UK: Finseta plc (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announced the completion of the sale of 100% of the share capital of Capital Currencies Ltd, following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with…
Eco Atlantic farms into Block 1 offshore South Africa
LONDON: Eco Atlantic Oil & Gas Ltd. (AIM: ECO, TSX-V: EOG), an oil and gas exploration company focused on offshore Atlantic Margins, has announced a Farm-In into Block 1 Offshore South Africa’s Orange Basin. Through its wholly-owned subsidiary, Azinam South Africa Limited, Eco will acquire a 75% Working Interest from Tosaco Energy (Proprietary) Limited. As…
Sure Valley Ventures leads a $1.1m funding round for Inspeq AI
LONDON, UK: Sure Valley Ventures III Limited Partnership (SVV3 Fund) has led a $1.1m funding round for Inspeq AI, a transformative full-stack AI Ops platform, alongside Delta Partners and a number of other leading investors. Inspeq AI aims to become the trusted source of safe and reliable AI development, enhancing generative (“Gen”) AI application deployment…
KR1 plc invests into the Avail Project
LONDON: KR1 plc (KR1:ASE), a leading digital asset investment company, announced that the Company has invested a total of US$1,000,000 into the Avail Project (AVAIL) in return for 12,500,000 AVAIL tokens. Avail is a Web3 infrastructure layer that allows modular execution layers to scale and interoperate in a trust-minimised way. As such, Avail is positioning…
B&M European Value Retail S.A. appoints Tiffany Hall as Non-Executive Chair
LONDON: B&M European Value Retail S.A. announced the appointment of Tiffany Hall as Non-Executive Chair of the Board of Directors of the Company with effect from the Company’s Annual General Meeting (AGM) on 23 July 2024. The appointment follows an extensive search process undertaken by the Board with the support of an external executive search…
XXL and UK retail industry leader Frasers Group to establish partnership
OSLO: XXL ASA and Frasers Group plc are close to agreeing a mutually beneficial strategic partnership with the aim of strengthening XXL’s position in the Nordics. Frasers Group, which owns a large portfolio of retail brands including Sports Direct and more than 30 % of XXL’s Class A shares, believes XXL to be uniquely positioned to…
Mutares SE to acquire Cikautxo Rubber & Plastic Components
MUNICH: Mutares SE & Co. has signed an agreement to acquire Cikautxo Rubber & Plastic Components (Kunshan) Co., Ltd. from CIKAUTXO S.COOP. The company will join the SFC Group, part of Amaneos, as a new add-on investment, strengthening the group’s presence in the market as global partner for plastic-based systems for the automotive industry and…
Norconsult has acquired Swedish infrastructure consulting company WIKON
SANDVIKA: Norconsult Sverige AB, a subsidiary of Norconsult ASA, has acquired the Swedish infrastructure consulting company Wermlands Infrakonsult AB (WIKON). WIKON specialises in water and sewage, land, traffic, roads and streets with both public and private customers. The company was established in 2011 and offers services in investigation, design, project and construction management as well…