ESPOO, FINLAND: Nokia’s Chief People Officer, Stephanie Werner-Dietz, has informed the company that she will leave and step down from its Group Leadership Team to take up a position in another company. Her intention is to leave on 31 August 2022. A recruitment process will begin immediately for her successor and further details will be…
Oakley partners with the founders of digitally native golf brand, Vice Golf
LONDON, UK: Oakley Capital, the pan-European private equity investor, announced that Oakley Capital Origin Fund is investing in Vice Sporting Goods GmbH (Vice Golf), the leading digitally native golf brand. Golf is a centuries-old sport that has proven its enduring appeal and stability through economic cycles and is today played by c.70 million across the…
Techstep acquires SaaS company Crypho for NOK 10mn
OSLO, NORWAY: Techstep ASA has signed an agreement to acquire the entire share capital of Crypho AS, an end-to-end encrypted enterprise software as a service (SaaS) messaging and file-sharing application. The acquisition price is NOK 10 million at enterprise value basis and is fully financed through a combination of share issue, earn-out and debt. Crypho…
Technology Minerals announces proposed sale of 10% interest in US Projects
LONDON, UK: Technology Minerals (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, has signed a Memorandum of Understanding (MOU) for the proposed sale of an initial 10 per cent interest in the company’s registered claims in its wholly owned US cobalt/copper projects; the Blackbird Creek Project…
Agronomics makes follow-on investment in CellX
LONDON, UK: Agronomics (AIM:ANIC), the leading listed company focused on the field of cellular agriculture, has invested a further US$ 2 million into Chinese cultivated meat company CellX Limited (“CellX”), subscribing for 857,363 preferred shares. CellX is a leading cultivated meat company based in Shanghai. Agronomics will have a 5.14% equity ownership in CellX, on…
Enero sells The Leading Edge (TLE) & The Digital Edge (TDE) to FitftyFive5
SYDNEY, AUSTRALIA: Enero Group Limited (ASX: EGG) announced the sale of two of its businesses, The Leading Edge (TLE) and The Digital Edge (TDE) to FiftyFive5. To further align the Group’s portfolio of complementary brands and services across the globe. As Enero continually refines its portfolio, the creative technology company has sold TLE and TDE…
BNB Cryptocurrency: Detailed Guide
These days, a completely new crypto project can appear and become popular within a year. Shiba Inu, Solana, and Avalanche blew up a few months after launch and now belong to the top 20 of all digital coins by market capitalization. Other coins do not enjoy the same level of acceptance and stay in the…
Dangers Of Working With Cement
For those that work in construction, working with cement is part of the daily job. This is arguably the most commonly used building material in the world as the combination of cement, water and gravel creates a strong, durable and affordable building material. It is important to be aware of the dangers of working with…
Elop awarded US patent for its Multrawheel ultrasonic technology
OSLO, NORWAY: Elop Technology has been granted a patent for its MultraWheel technology in the USA. The Multrawheel scanner allows for cheaper and more efficient inspections of composite materials like wind turbine blades and aerospace applications, as well as metal structures like ship hulls – both representing markets with huge potential for Elop. The global market…
Höegh LNG to charter out two FSRUs in Germany for 10 years
HAMILTON, BERMUDA: Höegh LNG Holdings signed binding implementation agreements with the German Federal Ministry for Economic Affairs and Climate Action to charter out two FSRUs from its fleet for operations in Germany for 10 years. The detailed FSRU contracts are scheduled to be completed by September/October, and FSRU operations are expected to commence at the end of…
AD Ports Group signs agreements for port projects in Egypt
ABU DHABI, UAE: AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for major port projects along the coast of Egypt. The first agreement will see AD Ports Group develop, operate, and manage a multipurpose terminal in Safaga seaport in a consortium with the…
Emrie Brown appointed CEO of Rand Merchant Bank
LONDON, UK: After seven years as CEO of Rand Merchant Bank (RMB), the corporate and investment banking division of FirstRand Bank Limited, James Formby will hand over the role to Ms Emmarentia (Emrie) Brown effective 1 October 2022, at which point, Ms Brown will become a prescribed officer and join the FirstRand Limited (FirstRand or…