Reports come in multiple formats based on the subject under discussion and the expected outcome. For instance, a tutor may want to learn about your experience during a field trip. Reports may also arise from a meeting or case study. Since all the reports are never similar, can there be a singular format? Not exactly,…
Hafslund Eco becomes the majority owner of Fortum Oslo Varme
OSLO, NORWAY: An industrial partnership of Hafslund Eco, Infranode and HitecVision has entered into an agreement with Fortum to purchase Fortum’s 50 per cent share in Fortum Oslo Varme. As part of the transaction, the City of Oslo will transfer its 50 per cent stake in Fortum Oslo Varme to Hafslund Eco. Following the transaction,…
CEO of City of London Group, Michael Goldstein, to step down
LONDON, UK: City of London Group plc announced that Michael Goldstein, Chief Executive Officer, has notified the Board of his intention to step down effective from today, 22 March 2022. Mr Goldstein has been Chief Executive Officer of the Company since 2017, during which time, he has overseen the implementation of a new strategy for…
Alcodes International gets contract and partnerships to supply NFT marketplace
LONDON, UK: AIQ Limited (LSE: AIQ) announced that Alcodes International, the Group’s IT consultancy business headquartered in Hong Kong, has been awarded a contract to supply a non-fungible token (NFT) marketplace and that it has established partnerships with two suppliers to deliver the project. The Group has been appointed to deliver an NFT marketplace designed to…
Mageleka commercializes tool to speed up the development of new batteries
LONDON, UK: Mageleka Inc, the developer of new instrumentation has announced the commercialization of its new RelaxoMeter designed specifically to aid researchers speed up the development of new batteries. Commentating today, David Fairhurst, Executive Vice President of Mageleka said: “We have used the RelaxoMeter to optimize key constituents of batteries such as carbon blacks and…
MTI Wireless Edge disposed of its Russian operations
LONDON, UK: MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, has disposed of its Russian operations. Following the MTI board’s decision to exit the Company’s business unit in Russia, as stated earlier this month in the annual report for the year ended 31…
Marlowe plc acquires Griffin Fire
LONDON, UK: Marlowe plc, the leader in business critical services and software which assure regulatory compliance, announced that it has acquired Griffin Fire, incorporated as Griffin and General Fire Services Limited, a provider of fire safety services, for an enterprise value of £0.7 million. For the year ended 31 December 2020, Griffin Fire generated profit…
Apax Digital Funds invest in UK’s ClearBank
LONDON, UK: The Apax Digital Fund (ADF) and Apax Digital Fund II (the Apax Digital Funds), both of which AGA is a limited partner in, announced an investment in ClearBank, one of the largest next-generation clearing and embedded banking platforms in the UK. On a look through basis, AGA is expected to invest approximately €5.4m…
Auto Trader Group acquires Autorama (UK) Limited for £200mn
LONDON, UK: Auto Trader Group plc (LSE: AUTO), the UK’s largest automotive marketplace, has agreed to acquire Autorama (UK) Limited, one of the UK’s largest transactional marketplaces for leasing new vehicles. Autorama has created a leading end-to-end digital platform, which aggregates leasing deals from multiple funders and OEMs (under its “Vanarama” brand), enabling buyers to…
DP World consolidates Eurofos terminal in Fos-sur-Mer, exits Le Havre
DUBAI, UAE: DP World Limited and Terminal Link SA, a joint venture 51% owned by CMA CGM and 49% owned by China Merchants Port, have today reached a conditional agreement to restructure Portsynergy SAS (Port Synergy), a 50:50 joint venture company. Port Synergy is the holding company for subsidiary companies, Générale de Manutention Portuaire SA…
Luceco acquires UK EV charge point supplier for £10 million
LONDON, UK: Luceco plc has acquired the entire issued share capital of EV Charge Points UK T/A EVCP Limited (Sync EV), the UK EV charge point supplier for £10 million on a cash and debt-free basis. Luceco plc is a manufacturer and distributor of high quality and innovative wiring accessories, LED lighting, and portable power…
Panoro Energy appoints country managers for Gabon, Tunisia & Equatorial Guinea
OSLO, NORWAY: Panoro Energy ASA announced the appointment of Country Managers. In addition to Sofiane Gaied, who joined Panoro as Country Manager Tunisia in 2018, Ghislain Boukoubi has been appointed as Country Manager Gabon, and Antonino Edjang Ondo has been appointed as Country Manager Equatorial Guinea. Panoro’s Country Managers are nationals and permanent residents of…