DARDILLY, FRANCE: Delta Drone announced the signing of a definitive agreement to acquire 77.3% stake in the Belgian company AB Comtech. According to the agreement, Delta Drone acquires, from two of the three shareholders of the Belgian company AB Comtech, 77.3% of the capital. The third shareholder, which will continue to hold the balance of…
Stephen White appointed Chairman of BASC Board
LONDON, UK: The Board of Directors of Brown Advisory US Smaller Companies PLC (BASC) announced that Stephen White has now taken over as Chairman of the investment trust. Stephen, who joined the Board on 1st October 2020 as Chairman Designate, takes over from Gordon Grender, who steps down after 23 years as Chairman and 28…
JD Sports Fashion acquires Cosmos Sport in Greece and Cyprus
LONDON, UK: JD Sports Fashion, one of the world’s leading retailers of sports, fashion and outdoor brands, announced that on 21 October 2021, it acquired 80% of Cosmos Sport S.A. Based in Crete, Greece, Cosmos was founded in 1982 by Fragiskos Tsiknakis who continues to be active in the business although he has handed over…
Aurizon agrees for $2.35bn acquisition of One Rail Australia
SYDNEY, AUSTRALIA: Aurizon Holdings signed an agreement with Macquarie Asset Management to acquire One Rail Australia (ORA) for $2.35 billion, a bourse filing said. One Rail Australia (ORA) comprises bulk rail haulage and general freight assets in South Australia (SA) and the Northern Territory (NT); the 2,200km Tarcoola-to-Darwin railway line; and a haulage business in…
McPhy to equip a large capacity hydrogen station in west of France
LA MOTTE-FANJAS, FRANCE: McPhy Energy has received an order to supply a large capacity hydrogen station in the west of France. McPhy is specialized in zero-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations). McPhy will design, manufacture and integrate a McFilling “Dual Pressure” hydrogen station. Providing two distribution pressures (350 and 700 bar),…
Jonathan Rubinsztein appointed CEO of Nuix Limited
SYDNEY, AUSTRALIA: Nuix Limited announced the appointment of Jonathan Rubinsztein as Chief Executive Officer and Executive Director, and Chad Barton as permanent Chief Financial Officer after serving in that role on an interim basis.Mr Rubinsztein is a seasoned technology executive with a track record of leading dynamic organisations in international environments and driving strategic transformations…
KONGSBERG to supply joint strike missile to Norway’s fleet of F-35A
OSLO, NORWAY: Kongsberg Defence & Aerospace AS (KONGSBERG) was awarded a contract with the Norwegian Defence Materiel Agency (NDMA) to supply the Joint Strike Missile (JSM) for Norway’s fleet of F-35A Lightning II fighter aircrafts. The contract is valued at MNOK 3,950. The partnership between KONGSBERG, the Norwegian Armed Forces and Norwegian Defence Research Establishment…
Three US-listed tech companies explore listing in Hong Kong
Three US-listed tech companies explore listing in Hong KonBEIJING: Ride-hailing firm Didi Global and two other U.S.-listed tech companies explore listings in Hong Kong, the Wall Street Journal reported on Thursday. The Cyberspace Administration of China (CAC) broached the idea in recent conversations with executives from Didi, logistics platform Full Truck Alliance Co and online recruitment…
Norwegian Air Shuttle removes temporary CashPoints restrictions
OSLO, NORWAY: Norwegian Air Shuttle announced the temporary restrictions on the use of CashPoints will be lifted from Monday 1 November. The company previously announced that the temporary restrictions would cease when the market improves, due to the number of travellers increasing in recent months and a positive trend in forward bookings it is time…
Lleida.net and Smart Africa to digitize public services in the continent
PARIS, FRANCE: Lleida.net and the international organization Smart Africa have signed a Memorandum of Understanding to cooperate in the digitization of all types of public processes through the use of the SaaS services belonging to the Spanish company. Smart Africa is the African Union agency in charge of promoting the digitization of the continent. Its…
Creation of enhanced California E&P company
LONDON, UK: Reabold Resources signed a conditional equity exchange agreement between Daybreak Oil and Gas Inc. a US OTC traded oil and gas operator with assets in California. The transaction will result in Reabold becoming a major shareholder of Daybreak via the issuance of new Daybreak shares to Reabold, in exchange for Daybreak acquiring Reabold…
Babcock completes £293 million sale of Frazer-Nash
LONDON, UK: Babcock International Group announced the completion of the sale of Frazer-Nash and provides a short trading update for the half year ending 30 September 2021 (HY22). On 20 October 2021, Babcock completed the sale of Frazer-Nash Consultancy to KBR for a cash consideration of £293 million before adjustments and transaction costs. This sale…