At times, our lives become so stressful and filled with various tasks and obligations that we frequently forget about some other things that can potentially cause serious problems. We’re referring to the debts. It seems like they have a way of piling up much faster than any of us has planned. And dealing with debts…
BEWI announces intention to acquire Baltic insulation company
OSLO, NORWAY: BEWI, a leading provider of packaging, components, and insulation solutions, has entered a letter of intent to acquire 100 per cent of a Baltic insulation company. The Baltic company operates facilities for manufacturing of insulation solutions and has recorded profitable growth recent years, with net sales in the range of EUR 25 to…
A Guide to Developing Your Real Estate Software
Are you having trouble developing your real estate application? Today, our real estate software development company will help you understand this topic. The Internet has developed into a place where people go in search of more than just helpful or fascinating information when it comes to developing a real estate website. Is it really worth…
Dtac and True agree to create a new telecom-tech company in Thailand
OSLO, NORWAY: Total Access Communication (Dtac) and True Corporation (True) announces that following the completion of the merger due diligence, the Board of Directors of each company approved the amalgamation and entered into an agreement to create a new telecom-tech company. As announced on 22 November 2021, there will be a voluntary tender offer (VTO) following regulatory…
ICI and Tariq Glass to setup 1,000 tons/day float glass plant
KARACHI: ICI Pakistan and Tariq Glass Industries have executed a joint venture agreement to set up a greenfield state-of-the-art float glass manufacturing facility having a production capacity of up to 1,000 tons/day. The facility will be setup in two phases, each phase having a production capacity of 500 tons/day. ICI Pakistan will invest in the joint venture…
Lyse to acquire Ice Group Scandinavia Holding for NOK 3.0bn
OSLO, NORWAY: Lyse AS has entered into heads of terms with Ice Group ASA to acquire all shares of Ice Group Scandinavia Holding AS and such additional assets and shares which belong to the business of Ice, including all the shares of Ice Communication Norge AS, Phonepartner Norge Holding AS and Ice Retail Holding AS at an…
GST gets FCA approved to take control of Angra Limited
LONDON, UK: GSTechnologies Limited (LSE: GST), the fintech and information technology solutions company, announced the Financial Conduct Authority (FCA) has approved the change of control of Angra Limited, a UK-based foreign exchange and payment services company. This allows the company’s agreement to acquire the whole of the issued share capital of Angra, as announced on…
Hynion and Hyrex launch floating hydrogen station for leisure boats
OSLO, NORWAY: Hynion AS and Hyrex AS plan a summer launch of the first floating hydrogen station for leisure boats. The pilot installation builds on a joint venture set up by Hynion and Hyrex last year to establish hydrogen stations for refuelling leisure boats with zero-emission fuel. “Hydrogen will be important for the decarbonisation of…
TradeFlow partners with Cargoes Finance by DP World
LONDON, UK: Supply@ME Capital plc announced that TradeFlow Capital Management Pte Ltd, part of the Supply@Me Group, has partnered with Cargoes Finance By DP World. DP World is a leading provider of worldwide smart end-to-end supply chain logistics, enabling the flow of trade across the globe. Its comprehensive range of products and services covers every…
Kingspan Group to acquire Ondura Group for €550mn
LONDON, UK: Kingspan Group, the global leader in high-performance insulation and building envelope solutions, signed an exclusive put option agreement to acquire Ondura Group from Naxicap Capital Partners and others. The total consideration for the businesses will be €550m (debt free, cash free) payable in cash on completion. Ondura Group, comprising Onduline SAS, Alwitra Holding,…
S-Ventures acquires business and assets of Livia’s Health Foods
LONDON, UK: S-Ventures announced the acquisition of the business and assets of Livia’s Health Foods Limited for £355,000 payable on completion comprising £130,000 in cash and 321,429 new ordinary shares in S-Ventures issued at a price of 70p per share. Livia’s Health Foods is a UK manufacturer of natural, plant based, indulgent, innovative and healthy…
Ovzon reschedules launch of the Ovzon 3 satellite until second half of 2022
STOCKHOLM, SWEDEN: Ovzon announced the Ovzon 3 satellite launch will be delayed and is planned to be launched in the second half of 2022. The rescheduling is due to continued insufficiencies and delivery of key components affecting the completion of Ovzon 3 and of a large number of other satellites in the industry. The rescheduling…