LEBUS: Green Landscaping Group (Publ) has acquired Wagner Straßen-, Tief- & Rohrleitungsbau GmbH, a civil engineering and landscaping company based in Lebus, Brandenburg. Founded in 2007, Wagner has built a reputation as a reliable partner in earthwork, civil engineering and landscaping in the greater Berlin area. The company, led by founder and Managing Director Steffen…
Peugeot Invest takes minority stake in Novétude
PARIS: Peugeot Invest has announced a minority investment of approximately €105 million in Novétude, a leading European higher education group specializing in paramedical training. The deal, which represents over 19% of Novétude’s share capital, positions Peugeot Invest alongside Charterhouse Capital Partners, the majority shareholder. Novétude offers accredited degrees in osteopathy, physiotherapy, optics, dental care, and…
Tiger Royalties signs LOI for investment in Tao Strategies Singapore
LONDON: Tiger Royalties and Investments Plc (AIM: TIG) has announced a strategic move into the decentralized artificial intelligence sector with a £250,000 equity investment in Tao Strategies Singapore. The company, known for incubating technology and mining projects, signed a Letter of Intent (LOI) to support Tao Strategies, which operates miner and validator nodes on the…
ITM Power to supply NEPTUNE II electrolyser to Spanish cement producer
LONDON: ITM Power has signed a contract to provide its NEPTUNE II electrolyser system to a leading Spanish cement manufacturer, marking the company’s first deployment in the sector. The NEPTUNE II is a fully autonomous 2MW electrolyser designed to produce green hydrogen. The system includes power conversion and balance-of-plant components, allowing for easy deployment as…
Ofgem secures £7 million in customer compensation over billing error
LONDON: Ten energy suppliers have refunded and compensated more than 34,000 customers after Ofgem uncovered a technical overcharging error that resulted in excess charges beyond the regulated price cap. The suppliers paid a total of £7 million—£5.6 million in refunds and £1.4 million in goodwill payments—after a compliance review by the energy regulator. The issue…
Travis Perkins Plc has appointed Gavin Slark as its next CEO
LONDON: Travis Perkins Plc has appointed Gavin Slark as its next Chief Executive Officer (“CEO”) and as an executive director of the Company with effect no later than 1 January 2026. Gavin Slark is a highly experienced public company CEO and has significant experience of the building materials and merchanting industry. He has been CEO…
IAG orders 53 new Airbus and Boeing aircraft for its long-haul fleet
LONDON: International Airlines Group (IAG) is ordering 53 new Airbus and Boeing aircraft for its long-haul fleet, comprising 32 Boeing 787-10 aircraft for British Airways and 21 Airbus A330-900neo aircraft, which can be deployed within Aer Lingus, Iberia or LEVEL. Subject to shareholder approval at the IAG’s Annual General Meeting in June, these new aircraft will…
LondonMetric to acquire Urban Logistics in £698.9 million deal
LONDON: LondonMetric and Urban Logistics have agreed to the terms of a recommended cash and share offer, paving the way for LondonMetric to acquire Urban Logistics in a deal valued at approximately £698.9 million. The acquisition will be carried out under a scheme of arrangement in accordance with Part 26 of the Companies Act, the…
ATIS Group to acquire 300 wireless towers in Paraguay from Millicom
MONTEVIDEO: ATIS Group, a leading digital infrastructure provider in Latin America, announced Thursday that it has signed an agreement to acquire Lati Paraguay, a Millicom subsidiary that owns about 300 wireless communication towers in Paraguay. The deal, signed April 26, is part of ATIS’s continued expansion in the Southern Cone and strengthens its position as the region’s…
SKF partners with Carnegie Clean Energy on wave energy project
FREMANTLE: Carnegie Clean Energy Limited (ASX: CCE) announced Thursday a partnership with global industrial leader SKF to collaborate on the Power Take-Off (PTO) system for Carnegie’s CETO wave energy technology. The agreement includes SKF manufacturing three PTO units for the ACHIEVE Programme, a key step in commercializing the renewable energy solution. The PTO system, critical…
Cherat Cement and Shirazi Investments intend to acquire majority stake in Rafhan Maize
KARACHI: Cherat Cement Company and Shirazi Investments Pvt. Ltd. have jointly announced their intention to acquire a controlling stake of up to 75.69% in Rafhan Maize Products Company Ltd., signaling a significant transaction in Pakistan’s corporate sector. Under the proposed acquisition plan, each firm seeks to obtain 37.845% of Rafhan Maize’s shares. The company, currently…
Patrick Tiernan appointed as Lloyd’s CEO
LONDON: Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has today announced that Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s. Patrick will commence his tenure as Lloyd’s new CEO on 1 June 2025. Patrick joined Lloyd’s in May 2021 as the organisation’s first Chief of Markets, responsible for…