Louisiana-based Home Federal Bancorp, the holding company of Home Federal Bank, has signed an agreement to acquire Northwest Bancshares, the holding company of the First National Bank of Benton (First National) in an all-cash deal worth around $10.1 million. Currently, First National Bank of Benton operates out of one banking location in Benton, Louisiana. Northwest […]
Micron Technology, an American manufacturer of memory, has announced plans to invest up to $100 billion to build a mega semiconductor fabrication facility in Clay, New York. The investment in the new megafab will be made over the next 20 years. It is said to become the largest semiconductor fabrication facility in the history of […]
Canadian energy infrastructure company TC Energy is set to start pre-construction activities on the 81MW Saddlebrook Solar Project located near Aldersyde, Alberta, Canada. The Saddlebrook solar power plant marks the first solar power facility of TC Energy in the country. To be constructed with a total investment of CAD 146 million ($106.3 million), the Saddlebrook […]
Aster DM Healthcare has partnered with Andhra Pradesh’s Narayanadri Hospital to expand its hospital operations management services in India. The partnership is part of the healthcare provider’s strategy to add up to 500-700 beds in India in the next one-year period. Aster DM Healthcare has a presence across primary, secondary, tertiary, and quaternary healthcare in […]
Noble, Maersk Drilling merger : Oil and gas drilling contractor Noble Corporation has completed its merger with Danish drilling rig operator Maersk Drilling to create one of the youngest and highest specification offshore drilling fleets in the world. The two companies have started operating as a combined entity under the name Noble Corporation from 3 […]
Equinor has taken a final investment decision (FID) to construct the 25MW / 50MWh Blandford Road battery storage project in Dorset, the first commercial battery storage project of the Norwegian oil and gas company in the UK. To be realized in partnership with flexible electricity generation developer Noriker Power, the Blandford Road project will be […]
Naver acquisition of Poshmark : South Korea’s largest internet company Naver is set to acquire US-based social e-commerce marketplace Poshmark in a deal worth $1.2 billion. The transaction includes the purchase of all of the issued and outstanding shares of the NASDAQ-listed Poshmark for $17.9 per share in cash, representing a premium of 15% closing […]
IGI Poseidon, through its subsidiary ICGB AD, has commenced commercial operation of the Greece-Bulgaria Interconnection gas pipeline (IGB) to diversify gas supply in the South-East European region. With a gas transportation capacity of three to five billion cubic meters, the Greece-Bulgaria Interconnection gas pipeline was developed by IGI Poseidon in partnership with Bulgarian Energy Holding. […]
Sabah Shell Petroleum Company (SSPC), a subsidiary of Shell has taken a final investment decision (FID) on the Phase 4 development of the Gumusut-Kakap-Geronggong-Jagus East deepwater oil field project (GKGJE oil project), off the coast of Sabah, Malaysia. Located in water depths of 1,200 meters, the Gumusut-Kakap field entered into production in 2014 through the […]
Global talent development corporation NIIT has made an investment in experiential learning platform KNOLSKAPE to provide technology solutions for organizations to make their workforce future ready. With a direct presence in the US, the UK, India, Malaysia, and Singapore, KNOLSKAPE sells its products and solutions in a subscription model powered by omni-channel delivery. Its experiential […]