EAB Group ,buy back, HELSINKI: EAB Group Plc will commence acquiring the company’s own shares on the basis of the authorization given by EAB Group Plc´s Annual General Meeting held on 22 September 2020. The Board of Directors has decided that the maximum number of shares to be acquired is 70,000, corresponding to approximately 0.5%…
Jyri Luomakoski to leave the office of Uponor Corporation President and CEO
VANTAA, FINLAND: Jyri Luomakoski, President and CEO since October 2008, will leave his position as President and CEO of Uponor Corporation, a news release said. The transition will be well-managed as Luomakoski will continue as President and CEO until 20 August 2021. The Board of Directors has started the recruitment process to appoint a new…
China UnionPay awards second letter of approval to IDEX Biometrics
OSLO: IDEX Biometrics ASA, a leading provider of advanced fingerprint identification and authentication solutions, announced that China UnionPay (CUP) has issued a second letter of approval (LOA) for a biometric payment card that contains IDEX’s fingerprint sensor and biometric solutions. The card is manufactured by Goldpac Group Ltd. (Goldpac). The LOA is the formal acknowledgement…
Huddlestock adds Tradegate Exchange as a partner
OSLO: Huddlestock Fintech has entered a partnership with Tradegate Exchange on its Bedrock B2B offering. Huddlestock has signed an agreement with Tradegate AG Wertpapierhandelsbank, a subsidiary of Deutsche Börse AG. Tradegate Exchange is a stock exchange specialising in executing orders for private investors. Deutsche Börse AG is one of the largest stock exchanges in the…
Carclo plc announces appointment of Director and CFO
LONDON: Carclo plc announced that Phil White will be appointed as Chief Financial Officer and a Director of the Board with effect from 1 March 2021. Phil has acted as Interim Chief Financial Officer since 16 December 2020. Phil is a chartered accountant with many years of experience in senior finance roles in manufacturing and…
MC Mining notifies appointment of interim chief executive officer
LONDON: MC Mining Limited confirms the recruitment process for a replacement permanent Chief Executive Officer (CEO) is at an advanced stage and the Company anticipates making a further announcement in due course. The outgoing acting CEO, Ms Brenda Berlin, will step down on 15 February 2021 and Mr Sam Randazzo, a non-executive director of MC…
TRIG announces acquisition of Grönhult onshore wind farm in Sweden
LONDON: Board of The Renewables Infrastructure Group Limited (TRIG) announced the Company has acquired Grönhult, a 67.2 MW ready-to-build onshore wind farm located in the southwest of Sweden. Grönhult is being acquired from Vattenfall, the leading Swedish utility and a major developer of renewables, who will also manage the construction process. The Project will consist…
Funds advised by Apax to acquire Herjavec Group
LONDON: Apax X Fund, in which AGA is a limited partner, has entered into a definitive agreement to acquire a majority stake of Herjavec Group (HG), an award-winning global Managed Security Services Provider (MSSP) and cyber operations leader. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. …
InfraStrata plc acquires assets of Burntisland Fabrication Limited
LONDON: InfraStrata plc has acquired substantially all of the assets of Burntisland Fabrication Limited, providing the Company with increased capacity across two sites in prime locations in Scotland. The consideration paid for the assets is £650,000 in cash with a further deferred consideration of up to £200,000 in cash, subject to achievement of future revenues…
Mail.ru, USM, MegaFon, RDIF, Ant Group sign agreements to form joint ventures in payments and financial services
LONDON: Mail.ru Group, USM, Ant Group, Russian Direct Investment Fund (RDIF) and MegaFon announced that they have signed binding agreements to create a payments joint venture (PJV) and a financial services joint venture (FSJV). The announcement follows the signing of non-binding term sheets in 2019, when the parties announced a partnership to promote financial inclusion…
Mutares plans EUR 10mn additional tap issue of its bond issued in February 2020
MUNICH: Mutares SE & Co. has decided today to consider an additional increase of the EUR 70 million bond issued in February 2020 with 4-year maturity by up to EUR 10 million. The Bond had been originally issued in an amount of EUR 50 million with an optional tap issue of EUR 30 million. In…
Valor Resources completes acquisition of uranium asset
SYDNEY: Valor Resources Limited entered into agreements to acquire 100% of the issued capital of Pitchblende Energy Pty Ltd the holder of interests in two uranium projects located in Saskatchewan, Canada. The Transaction was subject to various conditions precedent including shareholder approvals. As announced on 29 January 2021, shareholders approved all the resolutions tabled at…