OSLO, NORWAY: Aker Horizons announced several strategic initiatives in the Narvik region to establish green value chains for power-intensive industries in Northern Norway. Together with the local community, Aker Horizons aims to develop industrial activities that promote the company’s planet-positive investment mission, converting renewable power into green jobs and sustainable export industries. “We are thrilled…
thl sells Mighway and SHAREaCAMPER for AUD7.37 million
AUCKLAND, NEW ZEALAND: Tourism Holding Limited (thl) has entered into an agreement to sell the Mighway and SHAREaCAMPER businesses to Camplify Holdings Limited for AUD $7.37 million, a bourse filing noted. Based on the purchase price, the sale represents a profit on sale of the businesses of approximately NZD$6.3 million, subject to closing adjustments. As…
Contact Energy evaluates $225 million green capital bond offer
AUCKLAND, NEW ZEALAND: Contact Energy Limited is considering making an offer of up to $200 million (with the ability to accept oversubscriptions of up to an additional $25 million) of unsecured subordinated green capital bonds to New Zealand retail and institutional investors. The proceeds of the offer will be used by Contact Energy for the…
Edita Food Industries raises price points across flagship Molto range
CAIRO, EGYPT: Edita Food Industries, a leader in the Egyptian packaged snack food market, announced today that it has increased prices across the Molto product range at its baked goods segment. Key Molto products previously priced at EGP 2.0 per pack have been raised to EGP 3.0, while products priced at EGP 3.0 per pack…
BHM Capital appointed liquidity provider for Aram Group on ADX
DUBAI, UAE: BHM Capital Financial Services PSC one of the leading companies in the UAE financial markets, has been appointed as a Liquidity Provider for Aram Group Company, PJSC (formerly Sharjah Group Company P.S.C). According to the agreement, BHM Capital will provide liquidity for Aram Group’s securities listed on the Abu Dhabi Securities Exchange “ADX”…
Bitcoin Latinum Taps GK8’s End-To-End Crypto Custody Solution To Secure Its Ecosystem
LONDON, UK: Bitcoin Latinum, the secure next-generation, insured, asset-backed cryptocurrency with high transaction processing capacity, is announcing a partnership with GK8, a blockchain cybersecurity company that offers financial institutions and cryptocurrency projects a self-managed end-to-end custodial platform for blockchain-based digital assets. The rise of crypto enthusiasm has encouraged hackers to target blockchains, exchanges, and wallets with…
Eurotunnel in partnership with TIP Trailer Services opens freight maintenance service
Eurotunnel ,TIP Trailer Services, freight maintenance service, Le Truck Village, Mobile workshops that can intervene in the secure truck park Customers in the secure Le Truck Village can now have their tractor and semi-trailer repaired on the French Eurotunnel site, before or after their shuttle crossing through the Channel Tunnel. A workshop vehicle will be…
Rostelecom buys 50.01% in BFT Holding for RUB 1.65bn
MOSCOW, RUSSIA: Rostelecom PJSC, Russia’s national telecommunications operator, announced the acquisition of a 50.01% stake in BFT Holding, a leading supplier of turnkey solutions for development and integration of IT systems across Russia’s public sector. The total value of the deal will not exceed RUB 1.650 billion. The proposed acquisition will be completed in three…
Gensource Potash Corporation confirms IPO on LSE
LONDON, UK: Gensource Potash Corporation, the fertilizer development company, confirmed its intention to seek admission of its common shares to trading on the AIM market of the London Stock Exchange. Gensource is the fertilizer development company focused on potash development at its Tugaske Project in Saskatchewan, Canada. Gensource Potash Corporation expects that Admission will become…
Eutelsat selected by Zeonbud to extend broadcast coverage throughout Ukraine
PARIS, FRANCE: Eutelsat Communications has been selected by Zeonbud to assure the distribution of its high-quality broadcast content in Ukraine. Zeonbud Limited is the nation-wide licensed Digital Terrestrial Television operator transmitting Ukraine’s 33 major channels covering a wide range of quality broadcast content. Launched in 2010, it reaches approximately 40% of the population and covers…
Valereum Blockchain to acquire 80% stake in Gibraltar Stock Exchange
LONDON, UK: Valereum Blockchain, the Gibraltar-based blockchain technology group, has signed an option to purchase 80% of the Gibraltar Stock Exchange (GSX). The Global Stock Exchange Group, current owner of the GSX, will retain the remaining 20% shareholding and Valereum has an option on 20% of the Global Stock Exchange Group. As with many exchange…
Appointment of Phuthuma Nhleko as non-executive Chairman of Tullow Oil
LONDON, UK: Tullow Oil announced the appointment of Phuthuma Nhleko as an independent non-executive Director and Chairman-designate of Tullow. Phuthuma will join the Board as a non-executive Director on 25 October 2021 and will take over as Chairman of Tullow from Dorothy Thompson, CBE, following a suitable handover period and after Dorothy steps down as…