PARIS, FRANCE: Atos and Nokia announced a global partnership to provide businesses with market leading 4/5G private wireless networking solutions along with associated digital services and to work together to develop further innovative services. This partnership will help enterprises reach enhanced operational efficiency while enabling new ways of working. Hosted either on Atos or Nokia…
Self Storage Group buys new property in Skien, Norway
OSLO, NORWAY: Self Storage Group ASA has entered into an agreement to acquire a land property in Skien, Norway. The transaction has a value of NOK 8.5 million. SSG has also signed an agreement with Seltor AS, who will construct a purpose-built self- storage facility on the land plot. The contract with Seltor AS has…
M&G appoints Edward Braham as Chair of the Board
LONDON, UK: M&G plc, the international savings and investment business, announced that Edward Braham will become Chair of the Board with effect from 14 March 2022. He will take over from Fiona Clutterbuck, who has been Interim Chair since January 2021, and will now resume her role as Senior Independent Director. Edward was the Senior Partner of…
Bango and Entel expand platform partnership with launch of Apple Music
CAMBRIDGE: Bango (AIM: BGO), the global platform for data-driven commerce, announced that multi-play communications company Entel has launched a new Apple Music bundled offer through the Bango Platform, initially in Chile. This launch of Apple Music is the fourth major content service launched by Entel using the Bango Platform, following Amazon Prime, Google and Netflix….
Eco (Atlantic) sells Solear’s Kozani Photovoltaic Park
LONDON, UK: Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO) announced the successful sale of the Kozani project in Greece by Solear Ltd. for €1.8m ($2 million) to Nepcoe Capital Partners Ltd, in partnership with PowerChina New Energy Power Co. Ltd., a Chinese state owned company active in civil engineering construction and the renewable energy…
Rolls-Royce CEO Warren East steps down
LONDON, UK: Rolls-Royce (LSE:RR.) announced that Warren East, Chief Executive, has decided to step down at the end of 2022, after nine years on the Board and almost eight years as CEO. As a result, the Board will now launch a thorough and extensive search for his successor. Anita Frew, Chair, said: “Warren is an exceptional…
TotalEnergies makes significant discovery offshore Namibia
PARIS, FRANCE: TotalEnergies (LSE:TTE) has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X well encountered approximately 84 meters of net oil pay in a good quality Lower Cretaceous reservoir. “This discovery offshore Namibia and the…
Yamin ‘Mo’ Khan appointed Chief Executive Officer of Open Orphan
LONDON, UK: Open Orphan plc, a rapidly growing contract research company that is a world leader in testing vaccines and antivirals using human challenge clinical trials, has appointed Yamin ‘Mo’ Khan as Chief Executive Officer with immediate effect. Mo joined the Board as a Non-Executive Director (“NED”) in October 2021 and has worked closely with the…
Resolution Life to acquire Superannuation & Investments business of AIA Australia
LONDON, UK: Resolution Life Australasia has entered into an agreement with AIA Australia Limited to acquire its Superannuation & Investments business. The acquisition will deliver significant value and scale benefits and will strengthen Resolution Life’s position as the largest life insurer by assets in Australasia. It will increase Resolution Life’s funds under management and administration…
Genesis Energy considers Green Bond offer
AUCKLAND, NEW ZEALAND: Genesis Energy Limited is considering making an offer of 6-year fixed-rate unsecured, unsubordinated green bonds (Green Bonds) to institutional investors and New Zealand retail investors. It is expected that full details of the offer will be released on 1 March 2022, when the offer is expected to open. Genesis has a corporate…
Ellington Financial buys additional 49.6% interest in Longbridge for $75mn
OLD GREENWICH: Ellington Financial Inc. (NYSE: EFC) has entered into a definitive agreement to purchase an additional 49.6% ownership interest in Longbridge Financial LLC from Home Point Capital Inc. for approximately $75 million. Following the closing of the transaction, Ellington Financial, which has been an investor in Longbridge since 2014, will hold substantially all of…
Aspen and Marina Hindmarsh Island Fund likely to merge
SYDNEY, AUSTRALIA: Aspen Group and Mill Hill Capital (MHC) have proposed a merger of Marina Hindmarsh Island Fund (MHIF) and Aspen for the benefit of both groups of shareholders MHIF was established in 2017 by MHC – management of the Fund was delegated to Aspen in early 2019 when the MHC executives joined Aspen. MHIF…