Global

Gassnova, Statoil to collaborate on sea carbon capture
Global

Gassnova, Statoil to collaborate on sea carbon capture

Gassnova has assigned Statoil to evaluate the development of carbon storage on the Norwegian continental shelf (NCS). This will be the first storage site in the world receiving CO2 from several industrial sources. The storage project is part of Norwegian authorities’ efforts to develop full-scale carbon capture and storage in […]

Althelia Ecosphere in acquisition talks with Mirova
Global

Althelia Ecosphere in acquisition talks with Mirova

Mirova, a Natixis Global Asset Management affiliate is said to be in talks with Althelia Ecosphere to acquire the company. Mirova is a fund dedicated to ESG (Environmental Social Governance) and responsible investing. Althelia is dedicated to sourcing and financing sustainable land use, biodiversity, and ecosystem-based climate activities, with an […]

HIG WhiteHorse stakes EUR85 million in Savio Group
Global

HIG WhiteHorse stakes EUR85 million in Savio Group

HIG WhiteHorse said it has alongside Tikehau Capital invest EUR85 million in Savio Group through Notes issued by Savio Group, controlled by Alpha Private Equity. HIG WhiteHorse, a credit affiliate of global investment firm HIG Capital. Savio Group is into the production of machinery and quality control systems for the […]

Alpina invests undisclosed amounts in Virtalis
Global

Alpina invests undisclosed amounts in Virtalis

Alpina Partners, a growth market private equity firm has invested in Virtalis. The details of the investment were not revealed. However, Alpina said founders, David Cockburn-Price and Andrew Connell, will remain as directors and are each retaining a stake in the business to participate in the future success of Virtalis. […]

Naspers prices USD1 billion Myriad bond at 4.8%
JSE SENS

Naspers prices USD1 billion Myriad bond at 4.8%

Naspers, Africa’s most valuable publicly-traded company said it has successfully priced the USD1 billion bond for its indirect wholly owned subsidiary, Myriad International Holdings, MIH B.V. Naspers said the bond was priced at 4.85% notes due 2027. The Bonds will be fully and unconditionally guaranteed by Naspers. The company said […]

Millicom to redeem USD349 million notes at 102%
Global

Millicom to redeem USD349 million notes at 102%

Millicom SA will be redeeming all of the aggregate principal amounts of its outstanding 4.750% Senior Notes due 2020. According to the company’s filing, the redemption date for the Notes will be August 1, 2017, and the record date will be one Business Day prior to the Redemption. The redemption […]

Sephaku posts ZAR840 million for the year
JSE SENS

Sephaku posts ZAR840 million for the year

Sephaku Holdings ended the first quarter of the financial year 2017 with ZAR840 million compared to ZAR874.3 million recorded same period 2016. Its gross profit for the period was ZAR356.3 million against ZAR364 million posted in the year before. The cement company reported an increase in operating profit to ZAR84.7 […]