OSLO, NORWAY: Telenor has entered into an agreement to divest 30% of the newly established company Telenor Fiber AS in Norway to a consortium led by KKR and Oslo Pensjonsforsikring. The transaction is expected to be completed early 2023. The agreed sales price represents an enterprise value for the Norwegian fibre business of NOK 36.1…
Helium Ventures agreed to acquire Vestigo Technologies (Trackimo)
LONDON, UK: Helium Ventures plc (AQSE:HEV), a special purpose acquisition vehicle, has conditionally agreed to acquire Vestigo Technologies, which owns and distributes its advanced tracking software product, Trackimo and associated hardware business and intellectual property The purchase consideration is to be satisfied by the issue of ordinary shares in Helium Ventures. The existing ordinary shares…
Sondrel Holdings announces IPO on London Stock Exchange
LONDON, UK: Sondrel Holdings plc announce proposed admission to trading on AIM and proposed placing, conditional on, amongst other things, admission of 36,363,636 new ordinary shares of £0.001 pence each at a price of 55.0 pence per Ordinary Share. The placing received strong support from institutional investors and will raise a total of £20.0 million,…
Paymob and PAFLA Sign MOU to Fuel Growth in Pakistan’s Freelance Market
KARACHI, PAKISTAN: Paymob and Pakistan Freelancers Association (PAFLA) signed a memorandum of understanding (MOU) to facilitate payments acceptance for freelancers in Pakistan. The MOU will allow freelancers to seamlessly accept payments in a secure ecosystem via the Paymob payments gateway. Gaining access to a variety of digital payments methods enables freelancers in Pakistan to offer…
Waldorf Energy to acquire Dana and TAQA oil and gas businesses
OSLO, NORWAY: Waldorf Energy Netherlands B.V. (WEN) has entered into definitive agreements with Dana Petroleum Limited and Taqa Energy B.V. to acquire their respective upstream businesses in the Netherlands. The financial terms of the transaction are not being disclosed. The transaction remains subject to obtaining final regulatory and other third-party approvals. Waldorf Energy Netherlands is…
IQE Plc partners with MICLEDI to develop microLEDs for AR products
LONDON, UK: IQE plc, the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, has entered into a partnership with MICLEDI Microdisplays focused on the large-scale commercialisation of microLED technology. MICLEDI is a leading fabless semiconductor design and technology company developing unique, high-performance microLED displays with a primary…
888 Holdings launches 888bet in Kenya, Tanzania, Mozambique and Zambia
LONDON, UK: 888 Holdings (LSE:888), one of the world’s leading betting and gaming companies with internationally recognised brands, has announced the launch of 888bet in Kenya, Tanzania, Mozambique and Zambia with local licences through the joint venture 888AFRICA. Founded in March 2022, 888AFRICA licences 888’s world-class betting and gaming brands with an ambitious strategy to…
Carclo plc appoints Frank Doorenbosch as Chief Executive Officer
LONDON, UK: The Board of Carclo plc announced the appointment of Frank Doorenbosch as Chief Executive Officer of Carclo plc with immediate effect. Frank Doorenbosch has been on the Board of Carclo since 22 January 2021 and has recently been acting as a consultant to the CTP division. Frank Doorenbosch has spent the majority of…
WPP Plc has acquired Passport Brand Design
LONDON, UK: WPP Plc has announced the acquisition of Passport Brand Design, a leading brand design agency based in Southern California. Founded in 2004 by Natalie Taormina and Jeremy Creighton, Passport Brand Design brings extensive brand identity, design expertise and insight into WPP and works across a broad range of consumer categories and global markets,…
Halma Plc has acquired WEETECH Holding GmbH for €57.5 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner and healthier future for everyone every day, has acquired WEETECH Holding GmbH. Founded in 1973 and headquartered in Wertheim, Germany, WEETECH Holding GmbH designs and manufactures safety-critical electrical testing technology, to test the integrity of both high and…
Origin Enterprises acquires Keystone Environmental Limited
DUBLIN, IRELAND: Origin Enterprises plc, the international Agronomy-Services group, providing specialist advice, inputs and digital solutions to promote sustainable land use, announced the acquisition of Keystone Environmental Limited. Keystone Environment is a UK-based independent ecology solutions provider specialising in the design, planning and delivery of complete ecological solutions. By combining insights at survey stage with…
Lhyfe to develop 200 MW hydrogen production plant in Delfzijl, Netherlands
NANTES, FRANCE: Lhyfe, one of the world’s pioneers in the production of green and renewable hydrogen, is targeting to build a large-scale hydrogen production plant in the Chemical Cluster Delfzijl, situated in the province of Groningen in the North of the Netherlands. The 200 MW plant will have a production capacity of more than 20.000…