DUBAI, UAE: Orascom Construction announced that its consortium with Hitachi Energy signed a contract today with the Egyptian Electricity Transmission Company (EETC) to execute all work in Egypt to connect the national power grids of Egypt and Saudi Arabia. A…
LONDON, UK: Marks Electrical Limited, a fast growing online electrical retailer, has expressed intention to proceed with an initial public offering (IPO) and to seek admission to trading on AIM, a market of the London Stock Exchange, of the issued…
AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe plc announced their intention to proceed with an initial public offering (IPO) of Fertiglobe and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). OCI…
AUCKLAND, NEW ZEALAND: Infratil Limited will buy 40% stake in London data centre business Kao Data in a £120-130 million deal. Infratil will obtain a 40% stake alongside current owners, Legal & General Group, one of Europe’s largest asset managers,…
LONDON, UK: FW Thorpe announced the acquisition of 63% of the share capital of Electrozemper S.A. (Zemper) in Spain, a specialist in emergency lighting for a range of different sectors and territories. The acquisition is expected to enhance earnings per…
MONTREAL, QUEBEC: Peak Fintech Group has termed the report by Grizzly Research as baseless aimed at manipulating the market. Peak Fintech Group, an innovative Fintech service provider and manager of the Cubeler Business Hub, addressed a baseless and irresponsible report…
STOCKHOLM, SWEDEN: Sanolium AB, parent of the Cambio Group operating entities, today announced that its Board of Directors has named Rami Avidan as Chief Executive Officer with effect from 4th of October 2021. Rami Avidan has extensive experience from the…
LONDON, UK: Mirriad Advertising, the leading in-content advertising company, today announced it is working with Magnite’s SpringServe, the leading ad serving platform for over-the-top (OTT) and connected TV (CTV), to bring scale and automation to the in-content advertising format via…
OSLO, NORWAY: Småkraft announced the acquisitions of twelve power plants generating 40 GWh in Mälardalen and in Hälsingland, Sweden. The acquisitions were finalized Friday 1st of October. Småkraft’s entry into Sweden extends Småkraft’s ambitious and successful strategy in the consolidation…
PARIS, FRANCE: Following the completion of Adani Green Energy’s (AGEL) acquisition of 100% interest in SB Energy India from SoftBank Group Corp (80%) and Bharti Group (20%) announced on 19th May 2021, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), which holds a 20%…
LONDON, UK: discoverIE Group plc announced the sale of its 100% owned South African distribution business, Vertec Scientific SA Proprietary Limited. discoverIE is a leading international designer, manufacturer and supplier of customised electronics to industry. Vertec SA, which is part…
LONDON, UK: Flutter Entertainment Group has appointed Amy Howe as CEO of FanDuel. Amy joined FanDuel in February 2021 as President with responsibility for leading the company’s core commercial functions across its Sportsbook, Casino, Racing, and Daily Fantasy businesses. She…