In a move to sharpen its focus on its core markets, Liberty Mutual Insurance has announced the sale of its personal and small business operations in Western Europe to Generali Group for €2.3 billion. The deal, which is subject to…
Paris, France: In a major move that marks an escalation of its international endeavors, Alibaba, the Chinese tech giant, announced on Thursday its plans to expand one of its key e-commerce platforms, Tmall, into Europe. The decision comes just over…
PARIS, FRANCE: Haffner Energy announced the acquisition of Jacquier, a family-owned industrial boilermaking and general mechanics company based in the Marne region of France. This strategic acquisition builds upon their existing partnership since 2017 and will support Haffner Energy’s continued…
KARACHI, PAKISTAN: Shell Pakistan Limited (SHEL) is set to be sold by its parent company, Shell Global. The announcement was made in a notice to the Pakistan Stock Exchange (PSX). Shell Global has a 77.42% stake in SHEL, and the…
Zurich, Switzerland: Hitachi Energy, a global technology leader focused on a sustainable energy future, has secured a significant order to supply four high-voltage direct current (HVDC) converter stations for the groundbreaking subsea electricity interconnection project between France and Spain. The…
LONDON, UK: Anglo American and Jiangxi Copper Company, one of China’s largest copper producers, have signed a memorandum of understanding to work together to provide greater assurance on the way copper is mined, processed, and brought to market. The agreement…
PARIS, FRANCE: Banijay today announced it has signed an agreement to acquire a majority stake in Balich Wonder Studio. Building a stand-out, global media and entertainment powerhouse, the deal will combine the strengths of the established world-renowned content group, with…
LONDON, UK: Agronomics (ANIC:LSE), a leading company focused on cellular agriculture, has made a significant investment of AUD 2.5 million in HydGene Renewables Pty Ltd (“HydGene”). The investment is part of HydGene’s AUD 6 million Seed financing round and aligns…
LONDON, UK: Coro Energy PLC, a prominent South East Asian energy company specializing in natural gas and clean energy, has announced the signing of an agreement to acquire a rooftop solar portfolio from the shareholders of KIMY Trading and Service…
LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire Hume Cemboard Industries Sdn Bhd (HCBI), a leading manufacturer of cement boards for façades, partitions, and ceilings in Malaysia. Hume Cemboard Industries operates one manufacturing facility and employs 280…
LONDON, UK: Praetura Growth VCT plc, a newly established Venture Capital Trust (VCT), has revealed its plans to launch an initial public offering (IPO) targeting gross proceeds of £10 million. The company aims to issue 10 million ordinary shares of…
LONDON, UK: Legal & General Group Plc announced that the António Simões is to be appointed to the role of Group Chief Executive Officer of Legal & General, subject to regulatory approval. António will join from Banco Santander where he…