LONDON: HeiQ Plc has signed an agreement to acquire 51% of the share capital and voting rights of Chrisal N.V., Belgium for a consideration of €7.5 million, with €5.0 million payable in cash and €2.5 million through the issue of 1.101 million new ordinary shares by HeiQ. On completion, Chrisal will be renamed HeiQ Chrisal….
HeiQ Plc (LON: HEIQ)
HeiQ Plc (LON: HEIQ) is a pioneer and at the forefront of global technology in the $10 billion antimicrobial fabrics and $24 billion textile chemicals market. With the focus on materials and textile innovation, HeiQ has created some of the most effective, durable and high-performance technologies and textile effects in the market today, which cool,…
Schneider Electric to acquire 30% stake in Uplight Inc. for $1.5 billion
PARIS: Schneider Electric signed agreement to acquire a strategic minority stake in Uplight Inc., the technology partner of energy providers transitioning to clean energy, a news release said. The transaction values Uplight at c.$1.5 billion around 10x expected 2021 revenue. Uplight expects significant revenue growth in the coming years. Uplight, a certified B Corporation, has…
Cloudberry Clean Energy to purchase hydropower plant in Norway
OSLO: Cloudberry Clean Energy has signed a Share Purchase Agreement (SPA) to purchase a hydropower company in Norway, Ramsliåna Kraft AS, with an expected annual production of 6 GWh. In addition, Cloudberry has entered into an option agreement where Cloudberry has the right to acquire Lona Kraft AS, a company that will apply for an…
Frøy ASA to launch initial public offering on Oslo Stock Exchange
OSLO: Frøy ASA announced its intention to launch an initial public offering of its shares and to apply for a listing on the Oslo Stock Exchange. Frøy is a Norwegian provider of business-critical salmon farming services with an operational track-record of more than 20 years. The Group’s service offering includes installation and maintenance of salmon…
Oslo Stock Exchange (Oslo Børs)
Oslo Stock Exchange (Oslo Børs) (OSE) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. Oslo…
i3 Interactive changes name to Interactive Games Technologies Inc.
TORONTO: i3 Interactive Inc. will be completing a corporate name change to “Interactive Games Technologies Inc.” at the start of trading on March 4, 2021 on the Canadian Securities Exchange. The Company had previous announced that the new name would be “International Game Technologies Inc.” and subsequently elected to change its name to “Interactive Games…
UN Global Compact partners to ring the bell for gender equality at more than 100 stock exchanges
NEW YORK: For the seventh consecutive year, the UN Global Compact will participate in Ring the Bell for Gender Equality — a collaboration of stock exchanges around the world ringing opening or closing bells to celebrate International Women’s Day on 8 March and promote the Women’s Empowerment Principles (WEPs). The initiative is a partnership between…
PSC Insurance acquires Trust Insurance Services and Abaco Insurance Brokers for a total of £36.5 million
SYDNEY: PSC Insurance Group Limited has entered into agreements to acquire two UK based commercial (SME) broking businesses including Trust Insurance Services for a base consideration of £15.5 million and Abaco Insurance Brokers for a base consideration of £21 million. Managing Director of PSC Tony Robinson said: “These acquisitions are consistent with our goal of…
Mike Sneesby appointed Chief Executive Officer of Nine Entertainment
SYDNEY: Nine Entertainment Co. (NEC) announced the appointment of Mike Sneesby as Chief Executive Officer, effective 1 April 2021, following the decision by the current CEO, Hugh Marks, to step down. NEC Chairman Peter Costello said, “We are pleased to make such a significant appointment. Under Mike’s leadership, Nine will be able to maintain the…
Prospect Park Capital to acquire DiiTalk
VANCOUVER: Prospect Park Capital has entered into a definitive agreement with DiiTalk Communications and it’s subsidiary PPK Acquisition Corp. to acquire all of the issued and outstanding securities of DiiTalk. DiiTalk, a corporation existing under the laws of British Columbia, is in the business of operating a rewards-based communication platform and the provision of services…
PSX signs agreement with NIFT to launch E-IPO system
KARACHI: Pakistan Stock Exchange (PSX) and National Institutional Facilitation Technologies (NIFT) signed an agreement to collaborate in the development of a new payment and registration system by PSX. PSX takes immense pride in announcing another important development for the capital market and its participants to digitally transform the Initial Public Offering (IPO) process through the…