LONDON, UK: Energy Capital Partners (ECP), through Bears Bidco Limited, will buy entire issued and to be issued ordinary share capital of Biffa Plc at 410 pence in cash per Biffa Share translating into £1.3 billion. Biffa Plc is a leader in the UK’s sustainable waste management industry and a key enabler of the UK’s…
Action plan agreed for universal smartphone access
The ITU/UNESCO Broadband Commission for Sustainable Development has ratified the first multi-stakeholder study aimed at creating practical tools and actions that could enable nearly 3 billion more people to access and use the internet through a smartphone by 2030. Around a third of the global population still cannot or do not access the internet. The…
DCC Plc acquires European solar and clean energy business, PVO International
LONDON, UK: DCC plc has agreed to acquire PVO International BV (PVO), a leading distributor of solar panels, invertors, batteries and accessories used in the commercial, industrial and domestic energy sectors across continental Europe. PVO was established in 2014 and has grown rapidly to become one of the leading solar solutions suppliers in Europe, with…
Weir Group and STM Minerals to accelerate sustainable mining
LONDON, UK: The Weir Group PLC (Weir), a global mining technology leader, announces a new alliance with Swiss Tower Mills Minerals AG (STM) in which Weir will market STM’s innovative vertical stirred grinding mills for coarse grinding applications world-wide. Integrating vertical stirred grinding mills into Weir’s minerals processing flow sheet will provide customers substantial improvements…
SDX Energy appoints Yvon Quillien as Chief Operating Officer
LONDON, UK: SDX Energy Plc (AIM: SDX), the EMEA-focused oil and gas company, announced the appointment of Yvon Quillien to the position of Chief Operating Officer. Yvon, who joined the Company in March this year as Morocco Country Manager, will expand this role to become overall Chief Operating Officer of the Company and will attend…
PSX launches digitised listing process
KARACHI, PAKISTAN: In a revolutionary move forward, Pakistan Stock Exchange (PSX) has digitised the process of listing through an online portal called PRIDE, i.e. Public Offerings Revolutionized through an Integrated and Digitized Experience. The online portal is designed to automate the listing process from end to end. Through PRIDE, Lead Managers, Advisors or Consultants can…
Getting Savvy with the Cost-of-Living Crisis
The cost of living crisis is gripping households in the UK and many are worried about how they will manage in the months to come. The cost of living is increasing at its fastest rate in 40 years with inflation currently at 9.9% making it harder for people to afford to maintain their lifestyle. This…
TotalEnergies and SARIA join forces to produce sustainable aviation fuels
PARIS, FRANCE: TotalEnergies and SARIA, a leader on the European market for the collection and valorization of organic materials into sustainable products, have concluded an agreement to develop sustainable aviation fuel (SAF) production on the Grandpuits (Seine-et-Marne) zero-crude platform. This agreement is a major step in securing feedstock supply (used cooking oils and animal fats)…
John Q. Doyle named President and Chief Executive Officer of Marsh McLennan
NEW YORK: Marsh McLennan (NYSE: MMC) announced that John Q. Doyle has been named President and Chief Executive Officer, effective January 1, 2023. Daniel S. Glaser, will retire from Marsh McLennan at year end following a decade leading the Company through a period of extraordinary growth and change. Mr. Doyle has served as Group President…
FW Thorpe buys 80% shares of SchahlLED Lighting in Germany
LONDON, UK: FW Thorpe announced the acquisition of 80% of the share capital of SchahlLED Lighting in Germany, a turnkey provider of intelligent energy saving lighting products for the industrial and logistics sector. FW Thorpe has paid an initial consideration of €14.6m (circa £12.8m) and could pay an additional amount to be determined by SchahlLED’s…
SAFEEN Feeders and Invictus Investment to launch dry bulk shipping service
ABU DHABI, UAE: AD Ports Group’s SAFEEN Feeders has signed a major agreement with Invictus Investment to launch a new international dry bulk shipping service. SAFEEN Feeders and Invictus Investment will form a joint venture to operate the service. The joint venture will be owned 51% by SAFEEN Feeders and 49% by Invictus Investment. Under…
Emirates Steel Arkan, ITOCHU and JFE Steel to create green iron supply chain
ABU DHABI, UAE: Emirates Steel Arkan (ESA), the UAE’s biggest publicly traded steel and building materials company, has partnered with ITOCHU Corporation and JFE Steel Corporation to consider the construction of a ferrous raw material production facility in Abu Dhabi that would become an integral part of a global low carbon emission iron supply chain….