LONDON, UK: Mirriad, the leading in-content advertising company, announced the launch of a new cost-per-thousand (CPM) pricing model delivered in partnership with Tencent in China. This is important next step in the Company’s renewed partnership with Tencent Video, a leader in China’s video streaming market, was noted in the Company’s recent interim results. It will…
SBI Group, Sygnum, and Azimut launch a $75mn venture capital fund
ZURICH: SBI Group, Sygnum and Azimut Group announced today the launch of a venture capital fund of up to USD 75 million based in Singapore, which will invest in start-up companies in the digital asset sector. This new fund, incorporated as a Variable Capital Company, brings together the collective digital assets experience and leadership of…
Deborah Kerr to join Vodafone’s Board
LONDON, UK: Vodafone Group announced that Deborah Kerr will be appointed as a non-executive director with effect from 1 March 2022. Deborah Kerr is a growth-oriented technology executive with a track record of successfully transforming global enterprise software and service companies across various industries. She has held board and executive leadership roles with both private…
Softline plans $400 million IPO on London Stock Exchange
LONDON, UK: Softline Holding is considering proceeding with a potential initial public offering (IPO) of global depositary receipts (GDRs) representing its ordinary shares on the London Stock Exchange. The Company is considering applying for admission of the GDRs to the standard listing segment of the Official List of the FCA and to trading on the…
Horisont Energi seeks project financing of Barents Blue ammonia plant
SANDNES, NORWAY: Horisont Energi is in discussions with a number of infrastructure investors regarding project financing of the company’s share of the Barents Blue ammonia plant in Hammerfest, Norway. The process with the infrastructure investors started in the summer of 2020. After signing confidentiality agreements with Horisont Energi, the invited investors were presented to the…
KONGSBERG signs contract to deliver F-35 parts
OSLO, NORWAY: Kongsberg Aviation Maintenance Services AS (KAMS), a subsidiary of Kongsberg Defence & Aerospace, has signed agreements with Lockheed Martin Aeronautics worth 122 million NOK to supply parts for the F-35 Lightning II program. The agreement with Lockheed Martin includes assembly and production of horizontal and vertical tails for more than 50 F-35 aircraft…
IP Group generates £84m from Oxford Nanopore IPO
LONDON, UK: IP Group plc notes the portfolio company Oxford Nanopore Technologies announced the successful pricing of its initial public offering (IPO) at 425 pence per Share. The Company’s market capitalisation will be approximately £3.4 billion at the commencement of conditional dealings on the main market of the London Stock Exchange. Oxford Nanopore noted that,…
TotalEnergies commits to protection of biodiversity in Arctic LNG 2
PARIS, FRANCE: TotalEnergies is publishing on its website the Environmental, Safety and Health Impact Assessment (ESHIA) and the biodiversity implementation strategy of the Arctic LNG 2 project, in which the Company holds a direct and indirect 21.64% stake. Based on the ESHIA and in accordance with the most stringent international performance standards, Arctic LNG 2…
CLS Holdings secures two new leases in Germany
LONDON, UK: CLS Holdings has secured two significant leases at its assets in Germany (Munich and Hamburg). The new tenants have taken 68,975 sq. ft (6,408 sqm) of space across the two buildings, both of which have been let above ERV. The City of Hamburg has taken 45,025 sq. ft (4,183 sqm) of space at…
South32 to acquire additional 25% of Mozal Aluminium
LONDON, UK: South32 Limited have exercised pre-emptive rights to acquire up to an additional 25% shareholding and related rights in Mozal Aluminium, from MCA Metals Holding GmbH (Mitsubishi). “In doing so we will match a headline purchase price of US$250M to acquire the interest, taking our ownership of the smelter up to 72.1%. Increasing our…
WANdisco wins multi-year contract with global telecoms firm
LONDON, UK: WANdisco, the LiveData Company, has won a contract with the analytics division of one of the world’s largest telecommunications companies to migrate analytical data to the Microsoft Azure cloud, worth a minimum of $1m over a maximum term of five years. The Client is an existing customer of LiveData Plane and has now…
Tufton Oceanic buys two bulkers for $41.2mn
LONDON, UK: The Board of Tufton Oceanic Assets Limited has agreed to acquire two handysize bulker vessels for a total consideration of $41.2 million. The bulker vessels are being acquired at below depreciated replacement cost (DRC) and are fuel efficient versus their peer group. The vessels have fixed rate time charters for approximately one year…