Secretary of State for Business, Energy and Industrial Strategy

Hakan Koç and Pyrros Koussios Complete Acquisition of eSIM and Compliance Technology Leader Truphone

Retrieved on: 
Tuesday, January 24, 2023
Professional Services, Technology, Telecommunications, Mobile, Wireless, Software, Finance, Networks, Fintech, Trust, United Kingdom, HM Treasury, Acquisition, Government, API, Business, ESIM, BEIS, Group Policy, Government Property Agency (United Kingdom), Secretary of State for Business, Energy and Industrial Strategy, Tech, Growth, Communication, Financial services, Cryptocurrency, Truphone

German businessman and tech entrepreneur Hakan Koç and former telecoms executive and private equity investor Pyrros Koussios (the “Investors”), today announce that they have completed, with immediate effect, their acquisition of Truphone, the first global mobile operator.

Key Points: 
  • German businessman and tech entrepreneur Hakan Koç and former telecoms executive and private equity investor Pyrros Koussios (the “Investors”), today announce that they have completed, with immediate effect, their acquisition of Truphone, the first global mobile operator.
  • The assets of the Truphone business have been acquired by TP Global Operations Ltd., a newly incorporated vehicle that is 100% owned by the Investors.
  • We now look forward to executing on our accelerated growth plans and deliver new and innovative products for our customers.
  • Truphone remains committed to delivering communication technology innovations addressing the needs of its demanding global clients.

Ivanhoe Mines' Executive Co-Chair Robert Friedland and President Marna Cloete Will Present at the Future Minerals Forum in Saudi Arabia, January 11-12

Retrieved on: 
Tuesday, January 3, 2023
Ministry, Ministry of Industry and Infrastructure Development (Kazakhstan), Business, TSX, Mining, Thought, Department for Business, Energy and Industrial Strategy, Conference, Secretary of State for Business, Energy and Industrial Strategy, Resource management, Oil, Uranium, Petroleum

Mr. Friedland and Ms. Cloete join a prestigious group of speakers, including:

Key Points: 
  • Mr. Friedland and Ms. Cloete join a prestigious group of speakers, including:
    H.R.H.
  • Kairbek Uskenbayev, Ministry of Industry and Infrastructure Development, Kazakhstan
    Mark Bristow, President and Chief Executive Officer, Barrick Gold
    H.E.
  • The inaugural Future Minerals Forum, held in 2022, brought together a global audience of over 3,500 participants that heard from more than 130 industry-leading speakers.
  • For more information on the 2023 Future Minerals Forum, and the full agenda, please visit the conference website: https://www.futuremineralsforum.com .

Viasat & Inmarsat Receive UK Government Approval for Proposed Combination Under National Security & Investment Act

Retrieved on: 
Friday, September 16, 2022
YouTube, Securities Exchange Act of 1934, Safety, UK Government Decontamination Service, COVID-19, Aircraft, Twitter, Risk, Efficiency, Government of the United Kingdom, Foreign Investment and National Security Act of 2007, Nature, LinkedIn, Company, Acquisition, National Security and Investment Act 2021, Securities Act of 1933, Industry, Social media, Anomaly, Environment, Aviation, Business, Government, BEIS, Secretary of State for Business, Energy and Industrial Strategy, Facebook, Forward-looking statement, CEO, Internet, National, Instagram, Human resource policies, Annual report, Uncertainty, NASDAQ, Viasat (American company), Workforce Investment Act of 1998, Common beisa oryx, Research, Atmosphere, VSAT, Failure, IOT, Renewable energy, Bank, Viasat, Inmarsat

CARLSBAD, Calif., and LONDON, Sept. 16, 2022 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.

Key Points: 
  • CARLSBAD, Calif., and LONDON, Sept. 16, 2022 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.
  • The UK Government's clearance of Viasat's proposed acquisition of Inmarsat under the National Security and Investment Act is another important step forward on the road to closing the deal, and we would like to thank the UK Government for their close collaboration throughout the process.
  • Rajeev Suri, Inmarsat CEO, added: "Inmarsat is proud of our decades of close work with the UK government.
  • Today's approval brings us closer to delivering the new jobs and investment to the UK that have been committed by both Inmarsat and Viasat.

Viasat & Inmarsat Receive UK Government Approval for Proposed Combination Under National Security & Investment Act

Retrieved on: 
Friday, September 16, 2022
YouTube, Securities Exchange Act of 1934, Safety, UK Government Decontamination Service, COVID-19, Aircraft, Twitter, Risk, Efficiency, Government of the United Kingdom, Foreign Investment and National Security Act of 2007, Nature, LinkedIn, Company, Acquisition, National Security and Investment Act 2021, Securities Act of 1933, Industry, Social media, Anomaly, Environment, Aviation, Business, Government, BEIS, Secretary of State for Business, Energy and Industrial Strategy, Facebook, Forward-looking statement, CEO, Internet, National, Instagram, Human resource policies, Annual report, Uncertainty, NASDAQ, Viasat (American company), Workforce Investment Act of 1998, Common beisa oryx, Research, Atmosphere, VSAT, Failure, IOT, Renewable energy, Bank, Viasat, Inmarsat

CARLSBAD, Calif., and LONDON, Sept. 16, 2022 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.

Key Points: 
  • CARLSBAD, Calif., and LONDON, Sept. 16, 2022 /PRNewswire/ -- Viasat Inc., (NASDAQ: VSAT), a global communications company, and Inmarsat, a leading provider of global mobile satellite communications services, today announced the receipt of approval of the proposed combination of their businesses by the UK Government under the National Security & Investment Act.
  • The UK Government's clearance of Viasat's proposed acquisition of Inmarsat under the National Security and Investment Act is another important step forward on the road to closing the deal, and we would like to thank the UK Government for their close collaboration throughout the process.
  • Rajeev Suri, Inmarsat CEO, added: "Inmarsat is proud of our decades of close work with the UK government.
  • Today's approval brings us closer to delivering the new jobs and investment to the UK that have been committed by both Inmarsat and Viasat.

Bango acquires global payments business of NTT DOCOMO

Retrieved on: 
Tuesday, August 30, 2022
Partnership, Science and technology in Asia, Technology, Inherit, NHN Entertainment Corporation, AIM, Platform, Shopify, Deutsche Telekom, Vodafone, Secretary of State for Business, Energy and Industrial Strategy, Human resource policies, Acquisition, Netflix, Depreciation, Company, Jetstar, Paramount, SoftBank Group, Google Play, Commerce, GLOBE, Intention, Leadership, Bango plc, Business, NTT, Marketing, Ecosystem, Amazon, Growth, NTT DOCOMO, Q&A, Industry, Life, Airtel India, Environment, Lists of people by net worth, Online shopping, Mobile phone, Bank, Cryptocurrency, Liberum veto, Adjustment, Singtel, Google

CAMBRIDGE, United Kingdom, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO (“DOCOMO Digital” or the “Acquisition”).

Key Points: 
  • Extends partnerships with Amazon and Google, adds new merchants for physical goods and digital services including Shopify, Tidal and Paramount+
    CAMBRIDGE, United Kingdom, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Bango plc (AIM:BGO), the global platform for data-driven commerce, announces that it has acquired the global payments business of NTT DOCOMO (DOCOMO Digital or the Acquisition).
  • By expanding the Bango Payments ecosystem to more merchants and more telcos, Bango brings new users and more transactions to the Bango Platform.
  • This Platform Agreement is in addition to the existing Amazon physical goods carrier billing agreement between NTT DOCOMO and Bango.
  • The decision by NTT DOCOMO to transfer its global payments business to Bango is a major endorsement of our technology in the fast-growing digital economy.

Parker Confirms UK Government’s Approval of the Meggitt Acquisition

Retrieved on: 
Tuesday, July 19, 2022
SEC, Secretary of State for Business, Energy and Industrial Strategy, Parker Hannifin, Business, Government, Exotic, Human resource policies, Meggitt, Engineering, GLOBE, Failure, Carbon, Forward-looking statement, NYSE, High Court, Risk, Insurance, Terrorism, HM, Motion, Accident, Pandemic, Government of the United Kingdom, Flood, COVID-19, Contract, Metal, Earthquake, Lord Corporation, Annual report, UK Government Decontamination Service, Compliance, Pacific typhoon season, High Court of Justice, Justice, Renewable energy, Risk management, State, Acquisition, Parker

As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the Acquisition).

Key Points: 
  • As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the Acquisition).
  • Parker also confirms that it has signed legally binding economic commitments with the UK Government.
  • Finally, as innovation is a key driving factor of success for both Meggitt and Parker, Parker has agreed to increase Meggitts R&D expenditure in the UK by at least 40 per cent, by the end of the Undertaking Period, and its UK apprenticeship opportunities by 20 per cent.
  • As we move closer to the completion of the acquisition and the combination of these two strong businesses, we look forward to welcoming the Meggitt team to Parker.

Quinbrook’s Project Fortress Wins the Largest Solar CfD Award in Latest Auction

Retrieved on: 
Wednesday, July 13, 2022
Alternative Energy, Energy, Batteries, Technology, Other Energy, Zero, Gold Coast, BEIS, Multimedia, RSPB, Biomass, History, Business, Kent Wildlife Trust, Entrepreneurship, Biodiversity, ESG, Secretary of State for Business, Energy and Industrial Strategy, Investment, Environment Agency, CFD, Fortification, Human resource policies, Environment, Carbon, Natural England, Renewable energy

View the full release here: https://www.businesswire.com/news/home/20220712006143/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220712006143/en/
    Project Fortress was the largest solar PV project to secure a CfD in round 4, which enabled a record amount of renewable energy to be secured through the biggest ever round of the UK governments flagship auction scheme.
  • Once operational, Project Fortress is expected to be the largest single site solar PV installation in the UK.
  • A Nationally Significant Infrastructure Project (NSIP), Project Fortress was granted development consent by BEIS in May 2020.
  • We plan for Project Fortress to play a material part in helping to improve energy independence for the UK.

Parker Announces Update on UK Regulatory Clearances Related to Meggitt Acquisition

Retrieved on: 
Tuesday, June 28, 2022
Insurance, Review, Acquisition, Annual report, Justice, Parker Hannifin, Business, Human resource policies, Engineering, GLOBE, Government, Pandemic, High Court, COVID-19, Failure, Accident, Flood, Metal, Compliance, Pacific typhoon season, UK Government Decontamination Service, Terrorism, Earthquake, Exotic, BST, Lord Corporation, NYSE, Secretary of State for Business, Energy and Industrial Strategy, SEC, Meggitt, State, Risk, Condition, High Court of Justice, Forward-looking statement, Motion, Management, Risk management, Parker

As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the Acquisition).

Key Points: 
  • As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the Acquisition).
  • This decision is now subject to a public consultation period, which is due to end at23:45 (BST)on July 13, 2022.
  • Subject to this consultation, the UK Secretary of State will be in a position to approve the Acquisition without further review.
  • The combination of Parker and Meggitt is an exciting opportunity for both companies and we look forward to welcoming Meggitt to the Parker team, said Tom Williams, Chairman and Chief Executive Officer.

Number of Chartered Consultants Doubles as Chartered Management Consultant Award (ChMC) Anniversary Approaches

Retrieved on: 
Wednesday, April 27, 2022
Appetite, Consultant, Awareness, Privy Council Office (Canada), Public sector, Investment Management Consultants Association, PPL, KPMG, Chartered Management Institute, PricewaterhouseCoopers, Senior Consultant, Achievement, Professional, CPD, Government, Learning, Professional services, Associate, Continuity, Human resource policies, Growth, Motivation, MCA, BEIS, Business, Chartered, Privy council, EY, CMI, IBM Global Services, Industry, AFL Coaches Association awards, Partnership, Secretary of State for Business, Energy and Industrial Strategy, Accreditation, Time, Association, Financial adviser, Medicine, Civil engineering

LONDON, April 27, 2022 /PRNewswire/ -- The Chartered Management Consultant Award (ChMC) is celebrating a year since its official launch with significant growth achieved in its inaugural year and the number of consultants and firms involved doubling.

Key Points: 
  • LONDON, April 27, 2022 /PRNewswire/ -- The Chartered Management Consultant Award (ChMC) is celebrating a year since its official launch with significant growth achieved in its inaugural year and the number of consultants and firms involved doubling.
  • This new award for young consultants is aimed to aid talent retention and maintain motivation of individuals on the journey towards Chartered status.
  • Further information on the Award (ChMC) can be found at Chartered Management Consultant Award and to sign up for the ChMC monthly newsletter designed for both consultants and clients in all sectors, register here .
  • The Chartered Management Consultant Award (ChMC), has been created in a joint partnership between the Management Consultancies Association (MCA), the trade association for the UK's leading consulting firms, and the Chartered Management Institute (CMI), which was appointed by the Privy Council as the Awarding Body.

Tokamak Energy moves closer to commercial fusion: 100M degree plasma a world record for a spherical tokamak

Retrieved on: 
Thursday, March 10, 2022
Government, Human resource policies, Business, Field line, Secretary of State for Business, Energy and Industrial Strategy, Tokamak Energy, Temperature, Culham Centre for Fusion Energy, Carbon, Policy, BEIS, HTS, Technology, Climate, Plasma, Goal, CEO, Engineering, Patent, Lithium, 3D printing

OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.

Key Points: 
  • OXFORD, England, March 10, 2022 /PRNewswire/ -- Tokamak Energy has demonstrated a world-first with its privately-funded ST40 spherical tokamak, achieving a plasma temperature of 100 million degrees Celsius, the threshold required for commercial fusion energy.
  • This achievement further substantiates spherical tokamaks as the optimal route to the delivery of clean, secure, low cost, scalable and globally deployable commercial fusion energy.
  • When combined with HTS magnets, spherical tokamaks represent the optimal route to achieving clean and low-cost commercial fusion energy.
  • Once realised, fusion energy will be clean, low cost, and globally deployable a key enabler for meeting world energy requirements and climate policy goals.