AUCKLAND: New Zealand Rural Land Company (NZL) has entered into conditional agreements with Van Leeuwen Group and associated entities (VLG) and their major lender to acquire fourteen large scale dairy assets in South Canterbury and North Otago totalling approximately 6,350 hectares, a news release said. Under the transaction New Zealand Rural Land Company(NZL) will acquire…
Joakim Efraimsson appointed as Managing Director of Wästbygg AB
STOCKHOLM: Joakim Efraimsson has now been appointed Managing Director of Wästbygg AB, the recently merged business. In January, the decision to merge construction and project development activities within residential and commercial, into a joint organisation was announced. Joakim will commence his new assignment and a seat in the Group Management team on June 1 this…
Sara Nilsson appointed as new CFO of Vitec Software Group
STOCKHOLM: Sara Nilsson has been appointed Chief Financial Officer of Vitec. She succeeds Olle Backman who assumed the position as CEO. Sara Nilsson has extensive experience within Vitec and has most recently been Manager Group Finance. “I am very happy to be able to present Sara as our new CFO. Sara has worked in many…
Benjamin Gaszynski to lead Bloom energy business in Southeast Asia
SAN JOSE: Bloom Energy, a leading provider of distributed energy solutions, announced the appointment of Benjamin Gaszynski to lead business development in Southeast Asia, a news release said. Benjamin Gaszynski will strengthen the company’s expansion efforts, enhance competitive positioning and support deployment of its fuel-flexible, clean energy technology across Southeast Asia with an initial focus…
AWS announces general availability of Amazon Nimble Studio
SEATTLE: Amazon Web Services Inc. (AWS), an Amazon.com Inc. company, announced the general availability of Amazon Nimble Studio, a new service that enables customers to set up a content production studio in hours instead of weeks, with elasticity that gives them near limitless scale and access to rendering on demand. With Amazon Nimble Studio, customers…
Amazon Web Services launches AWS for Media & Entertainment initiative
SEATTLE: Amazon Web Services Inc. (AWS) has announced AWS for Media & Entertainment, an initiative that makes it easier for industry customers to discover, implement, and deploy purpose-built AWS capabilities and partner solutions for their highest priority workloads—enabling them to create compelling content faster, invent new customer experiences, expand direct-to-consumer offerings, and improve media supply…
LSEG completes €4.443 divestment of Borsa Italiana Group to Euronext
LONDON: London Stock Exchange Group (LSEG) notes the announcement from Euronext and confirms that it expects to close the divestment of London Stock Exchange Group Holdings Italia S.p.A. and its business (Borsa Italiana Group) to Euronext for a total cash consideration of €4.443 billion today. LSEG’s intention is to use the net proceeds from the…
Aker Solutions wins FEED contract for e-fuel plant in Norway
OSLO: Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway. The e-Fuel plant is planned to produce CO2-neutral fuel by using green hydrogen and furnace gas from an existing factory. The FEED work starts immediately and is…
Creditors approve final proposal for Axxis Geo Solutions reconstruction
LYSAKER: Axxis Geo Solutions ASA announced the approval of the final proposal for the company reconstruction pursuant to the court protected reconstruction process. The deadline for creditors to vote on the reconstruction proposal expired 27 April 2021. Out of the 110 creditors voting, 106 creditors voted in favor of the reconstruction proposal. In nominal amounts,…
Danakali raises A$20.3 million to advance Colluli SOP project
SYDNEY: Danakali Limited has completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$20.3 million. The proceeds of the Placement will be applied towards early works at the Company’s Colluli SOP Project, including site road development, geotechnical optimisation, reverse osmosis plant completion and installation, exploration camp relocation and RA International mine…
Tullow Oil plc launches $1.8 billion Senior Secured Notes due 2026
LONDON: Tullow Oil plc has commenced an offering of senior secured notes due 2026 and has received $600 million of commitments in respect of a super senior revolving facilities agreement maturing in December 2024, comprised of (i) a $500 million revolving credit facility and (ii) a $100 million letter of credit facility. The Notes and…
Taylor Maritime Investments announces $250mn initial public offering on London Stock Exchange
LONDON: Taylor Maritime Investments Limited announced its intention to undertake an initial public offering (IPO) on the London Stock Exchange, by way of an initial institutional placing and offer for subscription for a target issue of 250 million new ordinary shares in aggregate at an initial issue price of US$1.00 per Ordinary Share. The Company…