PARIS, FRANCE: Eutelsat Communications has increased its shareholding in OneWeb for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%. Eutelsat has exercised a call option on a portion of the latest OneWeb funding round subscribed by…
PARIS, FRANCE: Readly International AB, the European category leader within digital magazine subscriptions, has entered into an agreement to acquire 97.3% of the issued shares in Toutabo SA, a leading subscription provider in France and owner of the digital subscription…
OSLO, NORWAY: DFDS A/S has ordered 100 electric Volvo trucks for logistics network, which is Europe’s largest heavy-duty electric truck order to date. New electric Volvo trucks will be deployed throughout DFDS’ European logistics network during 2022 and 2023, a…
LONDON, UK: On 5 October 2021, Apax X Fund had signed a definitive agreement to acquire a majority ownership stake in Eating Recovery Center (ERC), a leading provider of eating disorder and mood and anxiety treatment in the US, in…
LONDON, UK: Xaar PLC, the leading inkjet printing technology group, has conditionally agreed terms with Stratasys Solutions Limited to sell Xaar’s interest in Xaar 3D to Stratasys. Stratasys Solutions Limited is a partner of Xaar Plc in 3D printing business….
PARIS, FRANCE: Rexel has reached agreement to acquire Mayer Electric, a major distributor of electrical products and services in the Eastern part of the USA, further building up its presence in the world’s leading market for electrical products and services…
MELBOURNE, AUSTRALIA: Swoop Holdings Limited’s wholly owned subsidiary has agreed to acquire Countrytell Holdings Pty Ltd, a regional connectivity provider based in Newcastle, New South Wales for $4.2 million. The consideration includes $1.47 million in cash at completion; $2.1 million…
DUBAI, UAE: Orascom Construction announced that its consortium with Hitachi Energy signed a contract today with the Egyptian Electricity Transmission Company (EETC) to execute all work in Egypt to connect the national power grids of Egypt and Saudi Arabia. A…
LONDON, UK: Marks Electrical Limited, a fast growing online electrical retailer, has expressed intention to proceed with an initial public offering (IPO) and to seek admission to trading on AIM, a market of the London Stock Exchange, of the issued…
AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe plc announced their intention to proceed with an initial public offering (IPO) of Fertiglobe and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). OCI…
AUCKLAND, NEW ZEALAND: Infratil Limited will buy 40% stake in London data centre business Kao Data in a £120-130 million deal. Infratil will obtain a 40% stake alongside current owners, Legal & General Group, one of Europe’s largest asset managers,…
LONDON, UK: FW Thorpe announced the acquisition of 63% of the share capital of Electrozemper S.A. (Zemper) in Spain, a specialist in emergency lighting for a range of different sectors and territories. The acquisition is expected to enhance earnings per…