STOCKHOLM: Kristian Lustin has announced to the Board that he is leaving his position as President and CEO to move on to a new position at another company. He has six months’ notice. Kristian took over as President and CEO…
OSLO: Financial Software and Systems (FSS), a global provider of integrated payment products and a payment processor, is partnering with Zwipe to bring next generation contactless payment cards to issuers globally. Zwipe is a payment FinTech recognized for having pioneered…
PARIS: Eiffage, through Eiffage Métal and its subsidiaries SEH (Germany) and Iemants (Belgium), recently won, in a consortium with Hochtief and Max Bögl, the contract to build a new bridge on the Rhine in Leverkusen, Germany. The contract amounts to…
STOCKHOLM: Alfa Laval AB has signed an agreement to acquire StormGeo, a global leader in weather intelligence and advanced data science solutions. The acquisition is part of Alfa Laval’s strategy to support the marine industry’s efforts to decarbonize and make…
STOCKHOLM: Mycronic AB is to acquire atg Luther & Maelzer GmbH, a leading global developer, manufacturer and supplier of advanced equipment for electrical testing of PCBs and substrate. The acquisition strengthens and broadens Mycronic’s offering and creates a platform in…
HELSINKI: Incap Corporation has closed down temporarily its factories in Tumkur, Karnataka from 10 May until 24 May 2021. “Incap is fully committed to support the local government in its actions to contain the virus and continues also the vaccination…
LONDON: Iconic Labs Plc (LON: ICON) has agreed to acquire a controlling stake of unmanned drone company, Sting Industries Ltd.The consideration is payable in a combination of convertible notes, warrants and cash, and provide a long-term financing facility to meet…
PARIS: Technip Energies (PARIS:TE) has been awarded a large Engineering, Procurement, Construction and Commissioning (EPCC) contract by Indian Oil Corporation Limited (IOCL) for its Para Xylene (PX) and Purified Terephthalic Acid (PTA) complex project at Paradip, Orissa, on the East…
PARIS: Wavestone S.A has announced the acquisition of Everest Group Consulting, Everest Group’s consulting division, in the US. The transaction takes the form of the acquisition of all the assets of Everest Group’s Consulting practice from Everest Group by Wavestone….
LONDON: Housing Development Finance Corporation Ltd. (HDFC), in accordance with the direction of Reserve Bank of India to reduce its shareholding in HDFC ERGO to 50% or below, has entered into a, agreement for sale of 44.12 million equity shares…
LONDON: hVIVO, a subsidiary of Open Orphan plc (LON: ORPH), has signed a contract with Imperial College London, as part of a Wellcome Trust funded initiative to manufacture a SARS-CoV-2 challenge virus. The contract is worth £3 million and under…
LONDON: Begbies Traynor Group plc (LON: BEG) announced the acquisition of MAF Property Limited, which trades as MAF Finance Group, a Midlands-based finance broker. The acquisition is for a maximum potential consideration of £11.75m on a cash free and debt…