TOKYO: Mitsubishi Electric Corporation (TOKYO: 6503) announced a USD 500 million (approx. 75 billion yen) investment in a new SiC power device business that will be spun off from Coherent Corp. (NYSE: COHR), its SiC substrate supplier. The aim is…
OSLO, NORWAY: Christian Rynning-Tønnesen, the President and CEO of Statkraft AS, has announced his decision to resign from his position after leading the company for nearly 14 years. Statkraft AS is Europe’s largest producer of renewable energy and a global…
LONDON, UK: Pension SuperFund Capital’s Jambo SRC Limited has reached an agreement on the terms of a recommended offer to acquire the entire issued and to be issued ordinary share capital of STM Group Plc at the rate of 60…
LONDON, UK: Speedy Hire Plc, the UK and Ireland’s leading provider of tools, specialist equipment and services, announced the acquisition of the entire issued share capital of sustainable power solutions specialist, Green Power Hire Limited (GPH), for an enterprise value…
LONDON, UK: B.P. Marsh & Partners Plc, a venture capital investor in financial services businesses, has completed the sale of its 18.38% stake in Kentro Capital Limited, a specialist insurance intermediary, to Brown & Brown, Inc, a US insurance broker,…
LONDON, UK: Critical Metals plc, a mining investment company, has announced its intention to acquire a hydrometallurgical plant in the Democratic Republic of the Congo (DRC) that can produce copper cathode and cobalt hydroxide. The plant, known as the Kastro…
LONDON, UK: Kelso Group Holdings, the main market listed investment company, has made an investment in NCC (LSE:NCC), having purchased 1.0 million ordinary shares at an average price of 108p, representing 0.3% of the issued share capital of NCC. NCC…
LONDON, UK: San Leon Energy, a Nigerian-focused oil and gas company, has announced a US$187m investment from Tri Ri Asset Management Corp. (TRAM), a global investment firm. The deal includes a US$125m loan, a US$16m share subscription, and a potential…
LONDON, UK: Coro Energy PLC, the South East Asian energy company with a natural gas and clean energy portfolio, has signed a Memorandum of Understanding (MoU) with Mobile World Investment Corporation in Vietnam to install rooftop solar systems across their…
SYDNEY, AUSTRALIA: Eagers Automotive Limited (Eagers), an Australian car retailer, has agreed to buy a portfolio of dealerships and properties from a group of companies associated with its director Nick Politis for $245m. The deal will add 12 leading car…
SYDNEY, AUSTRALIA: Wide Open Agriculture (WOA), an Australian company that produces plant-based dairy alternatives from lupins, has announced the acquisition of Prolupin GmbH, a leading European lupin protein producer, for €2.5m (A$4.2m). The deal includes Prolupin’s manufacturing facility, patents, trademark,…
ORLANDO: Qualus Corporation, a power consulting and engineering firm, has acquired GridBright, a technology solutions firm that specializes in grid integration. The acquisition will enable Qualus to offer end-to-end solutions for grid modernization, resiliency, security, and sustainability. GridBright provides software,…