For decades, the process of sending money across borders has been plagued by high costs, slow processing times, and a lack of transparency. Traditional financial networks, while reliable, were built for a different era. Enter Ripple, a technology company that…
OSLO, NORWAY: Thomas Berge has been appointed Chief Executive Officer (CEO) at LINK Mobility Group Holding ASA (LINK). Berge has since May 2022 acted as Interim CEO at LINK and before that as CFO at LINK since September 2016. He…
SYDNEY, AUSTRALIA: Link Group (ASX: LNK) has entered into a Share Purchase Agreement with LC Financial Holdings Limited (LCFH) for the sale of its Banking & Credit Management (BCM) business for cash consideration of up to €30 million. Link Group…
SYDNEY, AUSTRALIA: Close the Loop Limited has entered into an agreement to acquire 100% of ISP Tek Services LLC and Captive Trade Corp., US-based electronics refurbisher and trading platform businesses based in Southlake, Texas, USA, for a total consideration of…
LONDON, UK: Saint-Gobain and Dalsan have obtained the necessary approval from competition authorities to merge their plaster and plasterboard activities in Turkey. Together, Saint-Gobain Rigips and Dalsan Alçi generated revenues in excess of €160 million in 2022. They will benefit…
LONDON, UK: Diploma Plc announced the acquisition of Tennessee Industrial Electronics LLC (TIE), a market leading value-add distributor of aftermarket parts and repair services into the fast-growing US industrial automation end market, for ca. £76 million. Diploma has a proven…
Credit Suisse announced to borrow up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility. Credit Suisse shares fell sharply hitting an all-time low after its top…
OSLO, NORWAY: Smartoptics, a leading provider of optical networking solutions, today announced that Hetzner Online, a leading data center operator based in Germany, has chosen Smartoptics to upgrade its core network to 400G. The Smartoptics open line system solution is…
OSLO, NORWAY: Chairman Ib Kunøe has notified his intention to retire from the Board of Directors of Atea ASA following the Annual General Meeting on April 27, 2023. Since Ib Kunøe’s appointment as Chairman in 2006, the Atea Group has…
PARIS, FRANCE: TotalEnergies and Canadian convenience store leader Alimentation Couche-Tard (Couche-Tard) have signed agreements covering TotalEnergies’ retail networks in four European countries. Under these agreements, TotalEnergies will partner with Couche-Tard in Belgium and Luxembourg and sell its networks in Germany…
OSLO, NORWAY: Ørsted has acquired the Irish solar project Garrenleen from renewable energy developer Terra Solar. The 160 MW solar farm is the company’s second solar project in Ireland and will be able to power up to 56,000 homes annually,…
LONDON, UK: Prax Exploration & Production PLC has reached an agreement to acquire entire issued and to be issued ordinary share capital of Hurricane Energy Plc by means of a court-sanctioned scheme of arrangement. Under the terms of the acquisition,…