BRUSSELS, BELGIUM: Ergon Capital has acquired Summa alongside management from Gimv, a news release said. In 2016, Gimv acquired a majority stake in Summa alongside the management team. Summa expanded quickly by establishing its own organization in the US (2017),…
AMSTERDAM, NETHERLANDS: Aegon announced that it will repurchase common shares for an amount of EUR 133 million to neutralize the dilutive effect of both its 2020 final stock dividend and certain share-based variable compensation plans for senior management. Shareholders were…
OSLO, NORWAY: Nordic Unmanned has signed a Memorandum of Understanding (MOU) with OMNI Taxi Aereo (OTA), a leading Brazilian air transport operator providing aeromedical assistance, offshore, and fixed wing charter services. Their largest segment is oil and gas clients, and…
OSLO, NORWAY: Kongsberg Maritime (KM) has signed contracts totalling EUR 49m with the Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its industry-leading Wind Turbine Installation Vessel (WTIV) technology. The agreement will see KM supply comprehensive technology packages…
BERMUDA: Avance Gas Holding Ltd has signed and completed the $104 million sustainability-linked term facility with a bank syndicate previously announced in May 2021. The transaction will secure financing of the two first dual fuel newbuildings, Avance Polaris and Avance…
OSLO, NORWAY: Volue ASA has acquired German ProCom GmbH (ProCom) to strengthen its position as the leading provider of sustainable technology solutions to the European energy sector, a news release said. “We are pleased to announce the investment in ProCom…
OSLO, NORWAY: AF Gruppen (AFG), one of the largest civil engineering and construction companies in Norway, has entered into a contract with Construction City Holding to build an industry cluster that will bring together the construction, civil engineering and real…
LONDON, UK: The controls imposed on the export of Covid vaccine by Indian government, has suspended supply of vaccines to Bangladesh, Beximco Pharmaceuticals Limited, the fast-growing manufacturer of generic pharmaceutical products and active pharmaceutical ingredients, said. Beximco Pharma has had…
OSLO, NORWAY: As Aqua Bio Technology (ABT) moves from a development and production phase to a commercial phase with more focus on sales and distribution, Håvard Lindstrøm takes over the role as CEO. He has held the position Head of…
PARIS, FRANCE: TotalEnergies is partnering with GHGSat to develop a satellite imaging technology to monitor potential methane leak occurrences at offshore facilities. This new technology, known as “Glint Mode”, annuls interference effects on data acquisition by observing sun glint on…
ISLAMABAD, PAKISTAN: The Competition Commission of Pakistan (CCP) has initiated an enquiry against Foodpanda to investigate its alleged abuse of dominant position and a possible violation Competition Act, 2010, in the market of online food delivery platforms. The enquiry committee will…
LONDON, UK: 7digital Group has expanded its presence in the global fitness market by signing 24-month contracts with two new clients: Barry’s, the global fitness brand, and Volava, a European interactive fitness platform. The companies will use 7digital’s music platform-as-a-service…