Sydbank has announced that its CEO, Karen Frøsig, will step down from her position in 2024. Karen Frøsig joined Sydbank in 1994 as Chief Legal Adviser and became a member of the Group Executive Management in 2008. She has been…
UPS, the world’s largest package-delivery company, has announced that it will acquire MNX Global Logistics, a specialist in time-critical logistics for the healthcare industry and other sectors. The deal, which is expected to close by the end of the year,…
Saudi Aramco, the world’s largest oil producer, has announced its first international investment in liquefied natural gas (LNG), a move that signals its ambition to diversify its energy portfolio and reduce its carbon footprint. The state-owned company said on Thursday…
LONDON, UK: IOG plc, an oil and gas company listed on AIM, has announced that it will be placed into administration after failing to secure additional funding from its bondholders. The company, which operates assets in the UK North Sea,…
PARIS, FRANCE: TotalEnergies has finalized the acquisition of France’s agrivoltaics leader Ombrea. Ombrea was founded in 2016. It has built ten sites and studied around fifty crop varieties, to develop unique expertise and innovative solutions that optimize the synergies between…
HSBC, Europe’s largest lender, is set to acquire Citigroup’s China consumer wealth management business, which manages more than $3 billion in assets, Reuters reported. The deal, which could be announced as soon as next month, will also see HSBC taking…
GameStop Corp. announced on Thursday that it has named Ryan Cohen, its largest shareholder and board member, as its new chief executive officer and chairman. The move marks the culmination of Cohen’s efforts to transform the struggling videogame retailer into…
SYDNEY, AUSTRALIA: Pioneer Lithium Limited, a new player in the critical minerals sector in North America, has announced the appointment of Clinton Booth as its first Chief Executive Officer. Mr Booth is a seasoned mining executive with more than two…
LONDON, UK: Regal Partners Limited, an alternative investment manager listed on the ASX, has announced that it has withdrawn its offer to acquire Pacific Current Group Limited, a global multi-boutique asset management firm. Regal Partners had made a confidential and…
PARIS, FRANCE: TotalEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. The…
LONDON, UK: Let’s Explore Group plc has entered into a conditional sale and purchase agreement, for the acquisition of the entire issued share capital of Huddled Group Limited, and its wholly-owned Subsidiaries for a total consideration of £3.95 million. The…
LONDON, UK: HICL Infrastructure Plc has agreed to dispose of a portfolio of five assets to John Laing, an international core infrastructure investor. The portfolio is made up of HICL’s entire equity interest in four UK PPP projects; Queens (Romford)…