LONDON, UK: AB “Ignitis grupė” informs that its subsidiary Silesia2 Wind Farm S.A. (hereinafter – Silesia WF II), managed by UAB “Ignitis renewables” (hereinafter – Ignitis Renewables), and Umicore Poland Sp. z o.o. (hereinafter – Umicore Poland), the Polish entity…
LONDON, UK: BHP, the world’s largest mining company, has announced a US$4.9 billion investment to expand its Jansen potash project in Saskatchewan, Canada. The stage two investment will double the production capacity of the project to 8.5 million tonnes per…
Cloyes Gear & Products, Inc. (Cloyes), the global leader in timing drive systems and components for the automotive aftermarket, has acquired Rotomaster, a leading turbocharger and component specialist. The deal, whose terms were not disclosed, will enhance Cloyes’ product offerings…
PARIS, FRANCE: Atari, one of the world’s most iconic consumer brands and interactive entertainment producers, has entered into an agreement to acquire Digital Eclipse Entertainment Partners Co (Digital Eclipse), a game development studio originally founded in 1992 focused on the…
SEOUL, SOUTH KOREA: Samsung Electronics Co., Ltd. today announced its capital expenditure plan of approximately KRW 53.7 trillion for the period from January 1, 2023 to December 31, 2023, a document suggests. The company plans to invest in its key…
SITE Centers Corp., a company that owns open-air shopping centers in affluent suburbs, plans to spin off its Convenience assets into a new public REIT called Curbline Properties Corp. Convenience assets are rows of shops that are located on the…
A new partnership between MSALABS, Barrick Gold and Chrysos Corporation will bring PhotonAssay™ technology, a safer and faster way of analysing gold samples, to Barrick’s mines around the world. The three companies have already been working together successfully in Africa,…
LONDON, UK: The Office of Rail and Road (ORR) has today set out its Final Determination of Network Rail’s five-year, £43.1bn (£38.5bn in England and Wales, £4.6bn in Scotland) plans to deliver a safe and customer-focussed railway. The plans cover…
LONDON, UK: IG Group, a London-based financial services company, is taking steps to make its business more efficient and profitable. The company plans to cut about 300 jobs, or 10% of its staff, by the end of FY23. It also…
LONDON, UK: Vodafone Group Plc has entered into binding agreements with Zegona Communications plc in relation to the sale of 100% of Vodafone Holdings Europe, S.L.U. (Vodafone Spain). On completion, Vodafone’s consideration will comprise at least €4.1 billion in cash…
IDEX Corporation, a global leader in fluidics and metering technologies, has agreed to acquire STC Material Solutions, a maker of technical ceramics and hermetic sealing products, from Artemis for $206m. The deal will enhance IDEX’s material science capabilities and create…
SYDNEY, AUSTRALIA: Treasury Wine Estates Ltd (TWE), the Australian wine company behind brands such as Penfolds and Beringer, has announced a major deal to acquire DAOU Vineyards, a leading luxury wine producer in California, for US$900 million. The deal also…