LONDON, UK: The board of Directors of Grit Real Estate Income Group Limited, a leading pan-African real estate company, announced that all the conditions precedent related to the Share Purchase Agreement governing the Orbit Africa sale-and-leaseback transaction in Nairobi, Kenya, have been fulfilled and that such acquisition has now been completed by the Company. The…
Technology Minerals acquires Blackbird Creek Property
LONDON, UK: Technology Minerals (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that its wholly owned subsidiary Techmin Limited has exercised its option to acquire 100% interest in the Blackbird Creek Property in Lemhi County, Idaho (USA) from DG Resource Management Ltd (“DGRM“), a corporation located in…
Launch of Versarien Lunar 3D printed lifestyle pods
LONDON: Versarien plc, an advanced engineering materials group and provider of graphene-enhanced cement admixture, announced the launch of its “Lunar” lifestyle pods designed with sustainability and innovation at the core. Lunar is Versarien’s first 3D printed concrete product made with Cementene, Versarien’s graphene-enhanced cement. The launch will see Neill Ricketts, CEO of Versarien, unveil a…
Bidstack partners with GroupM’s Xaxis
LONDON, UK: Bidstack Group Plc (AIM: BIDS), the native in-game advertising group, announced a new partnership with Xaxis, GroupM’s outcome media specialist. The partnership enables Xaxis to access Bidstack’s extensive portfolio of seamless in-game ad formats and branded experiences. It also provides Xaxis with access to Bidstack’s global supply of programmatic inventory which features 70+…
Longboat Energy commences drilling operations on the Kveikje exploration well
LONDON, UK: Longboat Energy, the emerging full-cycle North Sea E&P company, announced the commencement of drilling operations on the Kveikje exploration well (Company 10%). Kveikje is the primary prospect in licence PL293B, which lies in an area north of the giant Troll field in the Norwegian North Sea with many producing fields and significant infrastructure….
New Energy One Acquisition Corp announces £175mn offering on LSE
LONDON, UK: New Energy One Acquisition Corporation (NEOA) announced its intention to float on the London Stock Exchange. NEOA intends to raise up to £175 million through an offering and subscription for ordinary share capital in connection with Admission. NEOA has been formed for the purpose of effecting a business combination with targets that are…
Pan-European Infrastructure offers to buy UK bus operator, Stagecoach for £594.9mn
LONDON, UK: Inframobility UK Bidco Limited has reached an agreement to acquire the entire issued and to be issued ordinary share capital of UK bus operator, Stagecoach Group Plc for 105 pence in cash for each share valuing Stagecoach’s existing issued and to be issued ordinary share capital at approximately £594.9 million on a fully…
Dassault Systèmes suspends new business in Russia and Belarus
PARIS, FRANCE: Russia’s invasion of Ukraine is a disaster in every regard and triggers unprecedented turmoil. Many people at Dassault Systèmes have personal, professional and family bonds with Ukraine. This human tragedy resonates with our entire company. Dassault Systèmes strongly stands for peace. We stand in solidarity with the people of Ukraine. Dassault Systèmes has…
TAQA and Dubal to acquire EGA’s electricity generation assets in UAE
UNITED ARAB EMIRATES: Emirates Global Aluminium (EGA), Abu Dhabi National Energy Company PJSC (TAQA), Dubal Holding and Emirates Water and Electricity Company (EWEC) announced a major initiative that would unlock significant further development of solar electricity generation capacity in Abu Dhabi, progress power asset and generation optimization, and decarbonize EGA’s aluminum production in the United…
Al Salam Bank wins J.P. Morgan Elite Quality Recognition Award
MANAMA, BAHRAIN: Al Salam Bank recently received the reputable J.P Morgan Elite Quality Recognition Award for the second year in a row, recognizing the Bank for its unparalleled performance and demonstrated success in achieving the utmost level of optimized efficiency in USD payments. The award was presented to Al Salam Bank’s Chief Operating Officer, Abdulkarim…
Simplifai awarded second large public archiving project
OSLO, NORWAY: Sandefjord municipality has entered into an archive optimization project with Simplifai and its cooperation partner Documaster. Simplifai is Elop’s AI business unit. Sandefjord municipality has used Documaster as its prime archive and information management hub for years. However, the data and documents need an improvement in classification and meta data to support the…
High energy prices necessitate temporary downtime at Bruck paper mill
OSLO, NORWAY: Due to unaffordability of operations in the current energy environment i.e. high energy prices, temporary downtime has been initiated at the Bruck paper mill in Austria. The new boiler scheduled for start-up in April is expected to contribute to alleviate the situation by reducing the mill’s gas consumption and improve its energy supply….