Digital marketing firm, Ibotta, supported by retail giant Walmart (WMT.N), has officially filed for an initial public offering (IPO) in the United States. The announcement came through a recent filing, which revealed the company’s intention to go public on Friday….
The debut that may herald a resurgence of investor confidence in high-potential yet unprofitable tech firms, Reddit’s shares soared by 48% on their inaugural trading day in New York. Despite its consistent lack of profitability since its inception in 2005,…
LONDON: TRIG, a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems (RES) as Operations Manager, has sold two UK onshore wind farms. TRIG announced the sale of its 100% equity interests in Forss…
PARIS: Renault Group and Volvo Group have announced the completion of their joint venture, Flexis SAS, marking a significant leap in the production of next-generation electric vans. The new venture, which follows the binding agreements signed on October 6th, 2023,…
OSLO, NORWAY: Toyota Norway and Hynion are now expanding their cooperation, and Toyota is stepping in with operating support to contribute to Hynion’s costs for the hydrogen refueling station at Høvik. The aid will be used for necessary plant upgrades…
LONDON: The Board of Aston Martin today announced the appointment of ultra-luxury automotive leader Adrian Hallmark, who will join Aston Martin as an Executive Director of the Company and its Chief Executive Officer no later than 1 October 2024. Hallmark,…
OSLO, NORWAY: ININ Group’s subsidiary Nordic Infrastructure Group AS (N.I Group) has today signed the share purchase agreements to acquire 100 percent of the shares in Norwegian railway contractors Banefjell AS, and SLAM Jernbaneteknikk AS. “The acquisition of Banefjell strengthens…
AMSTERDAM – X5 Retail Group N.V., a dominant player in the Russian food retail market, has released its 2023 Annual Report, showcasing a year of robust growth and strategic achievements despite market volatility. CEO Igor Shekhterman highlighted the company’s resilience…
PARIS: TotalEnergies announced the restart of production from the Tyra hub in the Danish North Sea, after the completion of a major redevelopment project of this hub. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas…
LONDON, UK: In order to bolster its portfolio of natural, wellness, and food-tech brands, S-Ventures plc has announced securing new loans totaling £2 million. The investment company, known for nurturing promising brands, has obtained £1 million each from Riverfort Global…
LONDON, UK: James Fisher and Sons plc (FSJ.L) has entered into an agreement for the sale of the entire issued share capital of RMSpumptools Limited (RMS) to ChampionX UK Limited, a wholly-owned subsidiary of ChampionX Corporation for a total enterprise…
LONDON, UK: Navigator Paper UK Limited, a subsidiary of The Navigator Company has agreed to takeover Accrol Group Holdings plc in an all-cash transaction. The transaction is valued at approximately £127.5 million and will be executed via a Court-sanctioned scheme…