Hyundai Motor Group, the owner of Hyundai, Kia and Genesis brands, has announced that it will buy a 5% stake in Korea Zinc Co., the world’s largest producer of non-ferrous metals. The deal is worth 527.2 billion won ($398 million)…
Aviva has announced that Tracy Garrad, the former chief executive of AXA Health, will join the company as the new chief executive of its Canadian business. She will replace Jason Storah, who has been appointed as the chief executive of…
Natura &Co, the Brazillian beauty giant that owns The Body Shop and Avon, is exploring the possibility of selling the natural beauty retailer. The company said in a filing that it had authorised its executives to look into “strategic alternatives”…
LONDON, UK: SDX Energy has entered into non-binding Heads of Terms with a large multinational operator to divest of all of its Egyptian assets. The company expects to close the transaction by year-end. The signed Heads of Terms represents an…
OSLO, NORWAY: Industrial technology group Nekkar ASA (Nekkar, OSE: NKR) partners with BEWI Invest AS (BEWI Invest) through a joint investment in the aquaculture industry supplier FiiZK. FiiZK is the leading provider of closed cage systems for fish farming. The…
LONDON, UK: Contango Holdings Plc, the established London-listed company focused on natural resource development, is thrilled to announce the successful reception of conclusive approvals for the export of coal from its Muchesu Project in Zimbabwe (“Muchesu”). The green light from…
LONDON, UK: Smiths Group plc, a leading industrial technology company, has acquired Heating & Cooling Products (HCP), a US-based manufacturer of Heating, Ventilation & Air Conditioning (HVAC) solutions. The addition of HCP will further expand Smiths Group’s presence in the…
LONDON, UK: Ichor Management Limited, controlled by ARCHIMED SAS, has made an offer to acquire Instem plc at the rate of 833 pence in cash valuing the entire issued and to be issued ordinary share capital of Instem at approximately…
LONDON, UK: Direct Line Group announced that Adam Winslow is to be appointed as Chief Executive Officer of the Company, subject to regulatory approval. It is expected that he will take up the role as Direct Line Group Chief Executive…
Google is launching new sets of mapping data that will provide solar and energy information and air quality data to various companies that are building products around renewable energy. The company expects to generate up to $100 million in its…
BAHRAIN: Venture Capital Bank, a Bahrain-based Islamic wholesale bank, has announced that it has sold its stake in The World Development Company, which owns an island plot in The World, a residential and leisure community off the coast of Dubai,…
PARIS, FRANCE: EUROAPI, a leading European producer of active pharmaceutical ingredients, has announced that it has signed an agreement to acquire Biano, a contract development and manufacturing organization (CDMO) with expertise in oligonucleotides. The transaction is valued at approximately €10…