OSLO: Cloudberry Clean Energy AS has today completed a transaction for the acquisition of 100% of Selselva hydropower plant, a news release said. Reference is made to the stock exchange announcement dated 21 December 2020 regarding Cloudberry Clean Energy AS` share purchase agreement for the acquisition of 100% of the shares in Selselva Kraft AS….
CAMS acquires Solar O&M company Belectric
HOUSTON: Consolidated Asset Management Services (CAMS) has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc., a news release said. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its existing offerings. With this acquisition, CAMS continues to execute…
Tinicum L.P. acquires controlling interest in Robert Family Holdings
ST. LOUIS: Tinicum L.P., and affiliated funds managed by Tinicum Incorporated announced that they have acquired a controlling interest in Robert Family Holdings, LLC. Following the acquisition, Robert Family Holdings changed its name to TSL Engineered Products LLC (TSL). TSL, through its three wholly owned operating subsidiaries—Advantek, LLC, Continental Disc, LLC, and Dexter Magnetic Technologies,…
Johnson Matthey appoints Stephen Oxley as Chief Financial Officer
LONDON: Johnson Matthey announced that Stephen Oxley will join the company’s board on 1st April 2021 as Chief Financial Officer (CFO). On the same date, Karen Hayzen-Smith will step down as interim CFO and continue in her role as Group Financial Controller. Stephen joins us from KPMG, where he is a Partner. He brings experience…
LondonMetric Property acquires two new urban logistics warehouses for £39 million
LONDON: LondonMetric Property announced the acquisition of two urban logistics warehouses in Manchester and Birmingham for £39 million, reflecting a blended yield on cost of 4.25%. The newly built warehouses are let for 15 years at an average rent of £6.60 psf and benefit from RPI linked rent reviews. In Manchester, a 137,000 sq ft…
Restore Plc acquires Computer Disposals Ltd
LONDON: Restore plc announced that it acquired 100% of the share capital of Computer Disposals Ltd (CDL), a leading IT recycling and asset disposition (ITAD) business based in Runcorn, UK, on 8 January 2021. Following this acquisition, Restore Technology becomes the number one IT recycling business in the UK market which is large, growing and…
BATM enters option agreement to sell NGSoft for $33 million
LONDON: BATM Advanced Communications has entered into an option agreement to sell NGSoft Ltd., a subsidiary of the Group, for NIS 105.1m (approximately $33m) in cash to Aztek Technologies (1984) Ltd., a provider of ICT cloud services in Israel and a portfolio company of SKY Fund. BATM is focused on core areas of activity, underpinned…
Rathbones Brothers appoint Clive Bannister as Chairman Designate
LONDON: Rathbones Brothers Plc announced the appointment of Clive Bannister as Chairman Designate and Non-Executive Director of the Company. Clive will join the Board with immediate effect. It is intended that he will succeed Mark Nicholls as Chairman following the conclusion of the 2021 Annual General Meeting on 6 May 2021, subject to regulatory approval….
CentralNic Group acquires SafeBrands for up to EUR 3.6 million
LONDON: CentralNic Group Plc, the global internet platform that derives revenue from the worldwide sales of internet domain names and related web services, has acquired SafeBrands, a leading online brand protection software provider and corporate internet services provider. On 9 January 2021, CentralNic acquired SafeBrands, a France-based award-winning innovator and technology pioneer for a total…
SGX RegCo enhances rules on auditors, valuers and valuation reports
SINGAPORE: Singapore Exchange Regulation (SGX RegCo) will enhance requirements on auditors and valuers in their dealings with listed companies, and standards governing valuation reports. “Supporting market development is central to SGX RegCo’s role. These latest rule changes heighten the standards required of auditors and property valuers in their dealings with listed companies. We expect the…
Solutions 30 signs a €210 million contract with Telecom Italia
PARIS: Telecom Italia (TIM) has entrusted Solutions 30, with deploying its FTTH network in Piedmont and Aosta Valley. This contract opens up a new development phase for Solutions 30 in Italy. Worth €210 million over 5 years, this contract is part of the vast project to create a single fiber-optic network in Italy. In September…
Atos to acquire In Fidem to reinforce its cybersecurity position in North America
PARIS: Atos International has signed an agreement to acquire In Fidem, a Canada-based specialized cybersecurity consulting firm, a news release said. The closing of the transaction is expected to take place in Q1 2021. This acquisition will reinforce Atos’ position as the #3 worldwide cybersecurity services leader and in particular enhance its North America cybersecurity…