LAUSANNE, SWITZERLAND: Astrocast, a leading global nanosatellite IoT network operator, and Avirtech, a leading provider of plantation control systems that monitor site conditions to reduce operational costs and increase yields, announced a smart farming partnership. Astrocast is providing Avirtech with Satellite IoT (SatIoT) connectivity solutions for its BIOTA intelligent farm control system. This includes integrating…
Mutares completes the acquisition of Heat Transfer Technology (NEM Energy)
MUNICH, AMSTERDAM: Mutares SE & Co. has successfully completed the acquisition of Heat Transfer Technology from Siemens Energy B.V. This new platform investment is strengthening the Engineering & Technology segment and will operate under the name NEM Energy B.V. The company, founded in 1929, is headquartered in Zoeterwoude, the Netherlands, employs more than 280 people…
Gaming Innovation Group signs new deal with Starcasino in Spain
OSLO, NORWAY: Gaming Innovation Group Inc. (GiG) continues to strengthen its presence in the Spanish iGaming market following the signing of an agreement with Starcasino Group for its leading platform and sportsbook. This new alliance, the 14th now in operation for GiG technology in Spain, will allow Starcasino to enter the large and highly competitive…
Palm Valley 12 Well commenced flowing sales gas
SYDNEY, AUSTRALIA: Central Petroleum Limited (ASX: CTP) notified the Palm Valley 12 (PV12) well has been tied-in and commenced flow testing on 28 November 2022. After a period of ramp-up the well flowed at a stable, wellhead skid-limited rate of ~10TJ which exceeded pre-drill expectations. Palm Valley field capacity is expected to approach the maximum…
SRG Global has acquired Bartek, an engineered products business based in Queensland
SYDNEY, AUSTRALIA: SRG Global Ltd (ASX: SRG) has acquired Bartek, an engineered products business based in Queensland for $2.6 million. This strategic acquisition is structured as an asset purchase transaction and is effective from 1 December 2022. Bartek has over 20 years’ experience in the Engineered Products Segment with significant expertise in the supply of…
Merger between Digi and Celcom in Malaysia completed
OSLO, NORWAY: Telenor, Axiata and Digi have completed the merger of the telecommunication operations of Celcom Axiata and Digi. The new company will be named Celcom Digi and will continue its Digi listing on Bursa Malaysia. The closing of the transaction represents another step in the execution of the mid-term strategy presented at the Telenor…
IDEX Biometrics and M-Tech to bringing biometric payment cards to the Indian market
OSLO, NORWAY: IDEX Biometrics ASA is bringing biometric payment cards to the Indian market, in partnership with technology provider M-Tech Innovations Ltd. The biometric payment cards are expected to reach the market in 2023. This partnership will provide banks and other smart card issuers with biometric card solutions for the Indian market, a front runner…
XXL ASA appoints Freddy Sobin as Group CEO
OSLO, NORWAY: The Board of Directors of XXL ASA has appointed Freddy Sobin as Group CEO. XXL is a Norwegian sporting goods retailer with brick and mortar stores and online stores in the Nordics and Austria. XXL ASA is the largest and fastest growing sports retailer by revenue in the Nordic region. XXL’s headquarter is…
Handelsbanken finalises sale of operations in Denmark
OSLO, NORWAY: Handelsbanken announced on 20 June 2022 that an agreement had been reached with Jyske Bank A/S regarding the transfer of Handelsbanken’s operations in Denmark. All conditions for the transaction have been met and the assets will be transferred on 1 December 2022. The divestment comprises business relationships with private and corporate customers, 42…
How To Find Good Deals When Shopping On A Budget
The economy is in the dumps, and the cost of living increases every day while our paychecks stay the same. So how can you make ends meet? One answer is to learn how to shop for good deals. It may seem daunting, but with a little know-how, you can save big bucks on everything from…
SEGRO plc announces launch and pricing of a £350 million senior unsecured bond issue
PARIS, FRANCE: SEGRO plc has announced the launch and pricing of a £350 million, 19-year senior unsecured bond issue, priced at 175 basis points above gilts, with an annual coupon of 5.125 per cent. The bond issuance, which was carried out under SEGRO’s Medium Term Note Programme, was almost six times oversubscribed. The proceeds of…
Alumasc announces £7.3 million new contracts in Asia
LONDON, UK: Alumasc, the premium sustainable building products, systems, and solutions group, announced that Gatic, part of the Group’s Water Management division, has been awarded a number of new contracts in Asia, with an aggregate sales value of over £7.3 million. Building on earlier successful projects in the region, these contracts are for the supply…