AMSTERDAM: Today, ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a leading German private bank. ABN AMRO has agreed to purchase HAL from Fosun International for a consideration based on HAL’s shareholders equity as of the closing date. ABN AMRO will pay EUR 672 million at…
SGN’s CEO Mark Wild to lead HS2
LONDON: Scotland Gas Networks (SGN)’s Chief Executive Mark Wild has been appointed to lead Europe’s biggest infrastructure project HS2. Mark has been asked to take on the role given his unique skillset having previously delivered Crossrail and the successful opening of the Elizabeth Line. SGN’s Chairman Nick Salmon said: “We are immensely grateful to Mark…
TotalEnergies advances offshore Brazil oil production with new FPSO units
PARIS: In a significant move to expand its oil production capabilities, TotalEnergies, in collaboration with Petrobras and other partners, has announced the Final Investment Decision (FID) for the second phase of development at the Atapu and Sépia fields in Brazil’s Santos Basin. The Atapu field, operational since 2020, is set to receive an additional Floating…
Chariot Limited announces gas discovery at OBA-1 Well
LONDON: Chariot Limited (AIM: CHAR), the Africa focused transitional energy group, announced the results from the drilling of the OBA-1 well on the Dartois prospect, the second of a two well drilling campaign, in the Loukos Onshore licence (“Loukos”) onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). · OBA-1 well was safely and efficiently drilled, on…
TomCo Energy CEO John Potter passes away
LONDON: TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announced with deep shock and sadness the sudden death of John Potter, Chief Executive Officer. John, who was 54, passed away suddenly on Friday 24 May 2024. John joined TomCo as Chief Executive…
Oakley Capital invests in ProductLife Group
LONDON, UK: Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund V is investing in ProductLife Group, a European provider of outsourced development, regulatory and compliance services to the global life sciences industry. OCI’s indirect contribution via Fund V is anticipated to be c.£41 million, which relates to OCI’s share of…
Where To Find Budgeting Tools And Resources
Navigating Your Financial Journey: Exploring Budgeting Tools and Resources In the quest for financial stability, availability of right tools can make all the difference. From tracking expenses to managing income, there is a plethora of budgeting tools and resources available to help you stay on top of your finances. In this article, we’ll explore where…
Neometals secures option to acquire US precious metals recovery business
SYDNEY: Neometals Ltd (ASX: NMT) & AIM: NMT), a sustainable process technology developer, has announced a significant development. The company has secured an option to acquire an 80% equity interest in Precious Metals Recovery, LLC (PMR), a US-based business specializing in recovering precious metals from industrial waste streams using its proprietary hydrometallurgical processing flowsheet known…
SAS Shipping Agencies offers to acquire Gram Car Carriers ASA for NOK 7.64 billion
OSLO, NORWAY: SAS Shipping Agencies Services Sàrl has officially launched a voluntary cash offer to acquire all issued and outstanding shares of Gram Car Carriers ASA (GCC). This move comes after the stock exchange announcement on April 24, 2024, which indicated that SAS had reached an agreement with GCC regarding the offer. The offer, recommended…
AXON Aviation Group transfers business aircraft division to Jetcraft
LONDON: AXON Aviation Group (AXON) has selected Jetcraft to take on its business jet activity as it seeks to streamline its service offering. The company will transfer all business aircraft sales and acquisitions to Jetcraft ensuring a smooth handover period for clients. Niki Rokni, Partner and Head of Aircraft Sales at AXON, says: “Jetcraft is…
Tasmea agrees to purchase business assets of Dingo De Construction for $6.5 million
SYDNEY, AUSTRALIA: Tasmea Limited has executed an Asset Sale Agreement with Dingo Corporation Pty Ltd to purchase the business assets of Dingo De Construction for $6.5 million, with completion expected to occur on or about 1 June 2024. Tasmea will purchase the Dingo business as a going concern and continue operations in a new subsidiary…
Google isn’t dead, but it did kill internet search!
Many say Google is dead. Well, it’s not. At least, not yet. But it did kill internet search. The recent wave of Helpful Content Updates (HCU) since September last weren’t helpful. Didn’t help users, didn’t help websites, and didn’t help google at all. There is nothing ‘organic’ about google anymore. The search experience, particularly with…