SYDNEY, AUSTRALIA: Janus Henderson Group (NYSE:JHG) announced that Dick Weil intends to retire as Chief Executive Officer and as a member of the Company’s Board of Directors, effective 31 March 2022. The Board has initiated an internal and external search process with the assistance of a leading executive search firm to identify a successor to…
GB Group to acquire Acuant for $736 million
LONDON, UK: GB Group plc (LON: GBG) has conditionally agreed to acquire the entire issued and to be issued share capital of Acuant for a cash free, debt free enterprise value of $736 million (c.£547 million). The acquisition brings together two of the leaders in the global digital identity market, with combined revenue of c.£265…
Unilever to sell ekaterra tea business to CVC Capital Partners for €4.5bn
LONDON, UK: Unilever has entered into an agreement to sell its global Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis. ekaterra is the world’s leading Tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®. The business generated revenues of around €2…
VTB Group to sell its entire stake in Magnit
MOSCOW: VTB Group announced intention to sell approximately 17.28% of ordinary shares of PJSC Magnit. Up to 5.15% will be offered through an accelerated bookbuilding process. It is expected that the remaining 12.13% of the company’s shares will be sold to Marathon Group at a price determined in the offering. VTB Group has agreed to…
EFG Hermes Holding concludes aiBANK acquisition
CAIRO, EGYPT: EFG Hermes Holding informed shareholders today that it has completed its transformation into an Egyptian universal bank with a market-leading frontier emerging markets (FEM) investment banking platform. The news comes as the Firm has finalized its acquisition of a 51% stake in the Arab Investment Bank (aiBANK), marking a strategic entry into the…
Altarea announces €350mn right issue to fund Primonial acquisition
PARIS, FRANCE: Altarea announced the launch of a capital increase with preferential subscription rights (PSR) for an amount of approximately €350 million. Net proceeds of the offering of the new shares will be used by the Company as part of the financing of the acquisition of Primonial Securities, as announced on June 30, 2021. The…
ABN AMRO intends to appoint Annerie Vreugdenhil
AMSTERDAM: ABN AMRO intends to appoint Annerie Vreugdenhil as Chief Commercial Officer (CCO) of Personal & Business Banking and as a member of the Executive Board from 1 March 2022 for a period of four years. Personal & Business Banking develops and manages all digital client services within ABN AMRO, serving mass consumer, affluent and…
TotalEnergies inks two partnerships to develop natural carbon sinks
PARIS, FRANCE: TotalEnergies (LON:TTE) has established two operational partnerships with Australian carbon developers AgriProve and Corporate Carbon to develop natural below-ground carbon sinks in Australia and help prevent savanna fires, notably in Africa. 1. Partnership with AgriProve: a 20,000-hectare soil carbon sequestration operation to remove and sequester more than 3 million tonnes of CO2e. Since October…
Connected Kerb signs up to become new Zap-Pay partner
LONDON, UK: Good Energy (LON:GOOD), the 100% renewable electricity supplier and innovative energy services provider, announces its subsidiary Zap-Map, the UK’s leading EV mapping service, has signed Connected Kerb as the latest charge point operator to join Zap-Pay, the simple way to pay for EV charging across networks from within the Zap-Map app. The two…
Woodbois joins The Circular Bioeconomy Alliance
LONDON, UK: Woodbois Limited (LON: WBI) has joined The Circular Bioeconomy Alliance (CBA), an organisation that brings sustainability focused enterprises together and places nature at the heart of restoring the global circular bioeconomy, a news release said. The Circular Bioeconomy Alliance (CBA) was established by His Royal Highness, The Prince of Wales, in his Sustainable…
Boku extends its M1ST Payments Network into Thailand
LONDON, UK: Boku Inc (LON: BOKU) extended its reach into Thailand through its M1ST (aka Mobile First) Payments Network, the world’s largest mobile payments network, with the addition of Thailand’s two most popular mobile wallets, TrueMoney and Rabbit LINE Pay. TrueMoney and Rabbit LINE Pay join Boku’s M1ST Payments Network, which includes 330+ payment methods…
Blackbird wins Best Tech Company 2021 Award
LONDON: Blackbird plc (LON:BIRD), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird, announces that it has won the ‘Best Tech Company 2021 Award’ at the SportsPro OTT Awards. The prestigious SportsPro OTT Awards are dedicated to sports focused OTT, streaming and video production – recognising organisations and individuals pushing…