LONDON, UK: Pantheon Infrastructure, the listed global infrastructure fund, has agreed to invest approximately £40m alongside a Macquarie Asset Management-led consortium, which has agreed to acquire a 60% stake in the UK gas transmission and metering business of National Grid. The business owns and operates the UK’s regulated national gas transmission system and an independent…
Media Tech SPAC acquires Drylab in Scandinavia
LONDON, UK: Media Tech SPAC plc, a company formed to undertake one or more acquisitions in the media and technology sectors, has entered into a definitive agreement to acquire 100% of the share capital of Drylab A/S, a leading film and TV production SaaS platform in Scandinavia. The acquisition is expected to complete in the…
UKGI sells shareholding in NatWest Group for £1.2bn
LONDON, UK: UK Government Investments Limited (UKGI) announced the successful completion of the disposal of part of Her Majesty’s Treasury’s (HM Treasury) shareholding in NatWest Group plc. The disposal was effected by way of an off-market purchase by the Company of 549,851,147 ordinary shares in the Company with a nominal value of £1.00 each, pursuant…
Hexagon Purus and CIMC Enric form partnership for investment in China
OSLO, NORWAY: Hexagon Purus and CIMC Enric announced the signing of investment agreements to establish a joint production facility in Shijiazhuang, Hebei and the CIMC-Hexagon New Energy Technologies management office and engineering hub in Beijing Daxing District International Hydrogen Development Zone. In addition, the Shijiazhuang and Beijing Daxing governments have made a strong commitment to…
SBTi approves Europcar Mobility Group’s emissions reduction targets
PARIS, FRANCE: Europcar Mobility Group (Paris:EUCAR) announces today that The Science Based Targets initiative (SBTi) has validated the corporate greenhouse gas emissions reduction targets submitted by the company, deemed to be in conformance with the SBTi Criteria and Recommendations. The SBTi’s Target Validation Team has classified the company’s scope 1 and 2 target ambition and has determined…
Infracorp lists $900 million green sukuk on London Exchange
MANAMA, BAHRAIN: Infracorp B.S.C., the infrastructure and sustainability arm of GFH, announced the issuance of a US$900 million Sukuk, the first-ever green sukuk issued by a Bahraini entity and has been listed on London Stock Exchange. This landmark transaction reflects Infracorp’s strategy to accelerate growth of sustainable infrastructure development across MENA and South Asia regions…
Al Salam Bank launches revamped Danat Savings Scheme for 2022
MANAMA, BAHRAIN: Al Salam Bank has announced the launch of its new and improved Danat Savings Scheme for 2022, held under the theme ‘gold-filled year’, where cash prizes have been replaced with bars of gold. The revamped Danat Savings Scheme, which will start from April 2022 and end in March 2023, will give clients the…
Rana Gruber to be the first mining company to list on Oslo Stock Exchange
OSLO, NORWAY: The Norwegian iron ore producer Rana Gruber transfers its shares from Euronext Growth and lists on Oslo Stock Exchange. The company is the only mining company listed on the Oslo Stock Exchange’s main list and the second company located in Northern Norway. Rana Gruber is a Norwegian iron ore producer, which has been…
Terje Pilskog takes over as CEO of Scatec ASA
OSLO, NORWAY: The Board of Directors of Scatec ASA has appointed Terje Pilskog (51) as the company’s new Chief Executive Officer. Raymond Carlsen (67) will step down after 13 years and the change will take place on 1 May. Terje Pilskog comes from the position as EVP Project Development. “Terje Pilskog has been instrumental in…
Cardno agrees to sell Cardno International Development for A$56.56mn
SYDNEY, AUSTRALIA: Cardno Limited (ASX: CDD) has entered into a share purchase agreement for the sale of 100% of Cardno International Development for an enterprise value of AUD $56.5 million. The agreement is signed with with DT Global Australia Pty Ltd, which is a subsidiary of DT Global L.P. Cardno International Development comprises of Cardno…
Aeris Environmental appoints Andrew Just as its new CEO
SYDNEY, AUSTRALIA: Aeris Environmental Ltd (ASX: AEI) announced the appointment of Andrew Just as its new Chief Executive Officer (CEO). This appointment follows the resignation of Peter Bush as CEO of the Company with immediate effect. Mr Bush will consult to Aeris Environmental to ensure a comprehensive handover during the next three months. Andrew Just…
How to Build an Awesome Team in Real Estate
Most brokers look forward to starting their dream team. Unfortunately, most of them are unaware that there is more to recruiting than meets the eye. To establish a great real estate dream team, you need to be a strong leader with a sense of purpose, and putting together a group that understands your vision takes…