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…
Alstom to supply up to 40 Coradia Stream electric trains in Romania
PARIS: FRANCE: Alstom and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 20 Coradia Stream inter-regional trains and associated 15-year maintenance services. The value of the contract is estimated at €270 million. These trains will be the first passenger trains provided by Alstom for operation in Romania. The contract can…
SS&C completes acquisition of Hubwise Securities Limited
WINDSOR: SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of Hubwise Holdings Limited (“Hubwise”). Hubwise is a regulated B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. “We are pleased to announce the completion of this strategic acquisition for SS&C,” said Bill Stone, Chairman and CEO. “The partnership…
Co-op Group CEO Steve Murrells to step down in May
LONDON, UK: The Co-operative Group has announced that its Group CEO, Steve Murrells will step down following this year’s AGM in May. At the same time the Board has chosen to appoint Shirine Khoury-Haq, Group CFO and CEO of Co-op Life Services as its Interim Group CEO. Commenting, Co-op CEO Steve Murrells said; “It is important…
Coworking space startup, Colabs, secures $3 million in seed funding
LAHORE, PAKISTAN: Coworking space startup, Colabs, has secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. Colabs co-founder and CEO Omar Shah, a former investment banker, told TechCrunch, ‘We realized that people setting up operations in Pakistan need other services; they need help to set up companies,…
Anglo American completes sale of remaining shareholding in Thungela Resources
LONDON, UK: Anglo American plc has announced the sale of the group’s remaining 8.0% shareholding in Thungela Resources Limited through an accelerated book build placing to a number of major financial institutions, realising gross proceeds of R1,672 million (approximately US$115 million). The Thungela shares were placed at a price of R154 per share, representing a…
AQRU plc forms partnership with Maple Finance
LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (DeFi), has entered into a partnership with Maple Finance, an institutional lending platform in the DeFi sector, to offer AQRU customers access to enhanced yields in decentralised finance. Maple Finance facilitates uncollateralised and partially collateralised loans to leading cryptocurrency institutions that wish to…
Brookfield’s Bidco to acquire Irish Hibernia REIT for €1.089bn
LONDON, UK: Benedict Real Estate Bidco Limited, a subsidiary of one of Brookfield’s real estate private funds, has agreed to acquire entire share capital Hibernia REIT plc at the rate of €1.634 for each Hibernia REIT share. The acquisition values the entire issued and to be issued share capital of Hibernia REIT at approximately €1.089…