Financial Performance and Strategy news

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  17 April 2026

  AkzoNobel to sell Pakistan business to Packages Group

  Deal values unit at PKR 16.2bn (~€50m) at 14x EV/EBITDA. Includes Decorative Paints; Future Coatings will pay royalties. Closing expected H2 2026, subject to conditions.
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  16 April 2026

  EIB, EC and IFC back Biovac to build Africa’s first end-to-end vaccine manufacturing plant

  €75M quasi‑equity and $20M senior loan finance a South African end‑to‑end multi‑vaccine plant (2028) to produce cholera, polio, pneumonia and meningitis vaccines (30–40M doses/yr); 340 skilled, 7,000 indirect jobs.
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  16 April 2026

  Petrobras: Ordinary General Meeting decisions

  Approved 2025 accounts and 2026 capital budget; allocated 2025 results with two equal payments (May 20, Jun 22); elected 11 directors and 5 fiscal council members; set remuneration caps.
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  16 April 2026

  BioLamina secures €20m EIB financing to scale laminin-based cell therapies

  Venture-debt financing backed by InvestEU will scale production of cell-culture substrates, expand tech and product range, enable animal-free drug testing and support therapies for chronic diseases.
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  15 April 2026

  PPG acquires pavement-marking maker Ozark Materials

  All-cash $65M purchase of a U.S. pavement-marking supplier serving US and Canada. About 130 employees; strengthens Traffic Solutions and North American market presence.
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  15 April 2026

  EIB lends €100m to Orion Pharma for oncology and pain R&D

  Financing will support clinical trials, staff, patents and lab equipment, boosting clinical development capacity, supply security for critical medicines and EU biopharma competitiveness.

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  15 April 2026

  GSK acquires 35Pharma for $950m

  Deal closed for biotech developing HS235, an activin‑receptor therapy for pulmonary hypertension; designed to cut bleeding risk and offer metabolic benefits. PoC trials in PAH and PH‑HFpEF planned.
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  14 April 2026

  Petrobras to invest $450M in world's largest seabed seismic monitoring project

  Permanent seabed seismic sensor network in Mero (Santos Basin) will map reservoir behavior to improve recovery and monitor FPSO production. 460 km cables in place; first data Q2 2026; AI used.
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  14 April 2026

  Iberdrola adds 42 MW Lazio PV, bringing Italy capacity to ~400 MW

  Plant (commissioned <6 months) backed by long‑term PPAs joins Etruria and Fenix projects; deal pending closing and aligns with group's €58bn 2025–28 investment plan.
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  14 April 2026

  Equinor sells 8.07% stake in Scatec, retains 8.05%

  Sold at NOK125/share for ~NOK1.6bn; remaining holding subject to 90‑day lock‑up. Average in‑price ~NOK80/share; Brazilian solar partnerships unaffected.
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  14 April 2026

  Genmab: DARZALEX Q1 2026 net sales USD 3,964m

  DARZALEX Q1 sales split: US $2,208m; RoW $1,756m. Includes subcutaneous FASPRO in U.S. Royalties received under J&J exclusive license.
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  14 April 2026

  OCI Global sells 2M Methanex shares for ~$116.6M

  Block trade on 13 April; ownership fell from ~6.0% to ~3.4%. Transaction was for investment purposes; company may repurchase or further sell shares depending on market and the stock's performance.
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  13 April 2026

  Petrobras greenlights SEAP I FID and advances contracting of two Sergipe‑Alagoas platforms

  SEAP II FID had been approved earlier. SBM Offshore to build two BOT FPSOs with combined 240,000 bbl/d and 22 MMm3/d gas. Contract signing May 2026; production ~2030/2031; investment >R$60bn.
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  13 April 2026

  Petrobras approves restart of UFN III fertilizer plant construction in Três Lagoas

  Board approved resumption of UFN III construction; ~$1B to complete, operations in 2029; ~8,000 construction jobs; capacity ~3,600 t/d urea and 2,200 t/d ammonia; strategic for domestic supply
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  10 April 2026

  Plenitude acquires Acea Energia

  100% of an energy retail arm and 50% of a regional supplier acquired; adds 1.2M customers. Vulnerable customers excluded. Price ~€500M plus up to €100M earn‑out to 30/06/2027.
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  10 April 2026

  Eni invests US$70M in Nouveau Monde Graphite

  US$70M in a US$297M raise to fund Matawinie & Becancour; investor gains ~11.5% stake and board seat, secures exclusive graphite/anode supply for Brindisi gigafactory; pending AGM approval
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  10 April 2026

  Petrobras to regain 100% of Tartaruga Verde and Espadarte Module III

  Signed to acquire remaining 50% of Tartaruga Verde and Espadarte III for US$450M: $50M signing; $350M at close; two deferred $25M. Pending ANP approval. Fields producing ~55k b/d
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  9 April 2026

  Boliden: SEK 700m write-down at Garpenberg mine

  March seismic activity damaged the upper Lappberget ore body and infrastructure (ventilation, compressed air, water, power, backfill) and some mobile equipment. Production halt cuts Q1 EBITDA ~SEK 400m
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  9 April 2026

  Galp acquires 351 MW Spanish onshore wind portfolio

  17 operational wind assets (avg COD 2009) producing ~750 GWh/yr; equity value ~€320m, expected close 2Q26; raises renewables to 2 GW and wind share to ~25%
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  8 April 2026

  CELLforCURE seeks buyer for Les Ulis site

  Seeking buyer to preserve cell & gene therapy manufacturing after funding slowdown, project cancellations and US relocation. Takeover sought in coming months; employee support prioritized.
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  6 April 2026

  Mesabi Metallics raises $150M from Macquarie

  World-scale DR-grade iron ore mine and pellet plant in Nashwauk, MN, set for Q3 2026 start; $2.5B project on 16,000+ acres, EXIM support, $2B+ equity invested and 800 workers onsite.
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  6 April 2026

  Trinseo: The Node That Ran Out of Time

  Lender waivers expiring; missed interest; market cap far below debt. Costly M&A and validated PC/ABS dissolution recycling tech, but cash‑strapped amid energy shocks and no sovereign backer—sale likely.
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  2 April 2026

  Trinseo raises European PS and ABS prices €590/t; SAN €600/t

  Price increases take effect Apr 1, 2026, or as governed by existing contract terms.
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  2 April 2026

  Petrobras settles Shared Tupi Field redetermination payments

  On 31/03/2026 received ~R$3bn from partners and paid ~R$600m to the Union; participation increased from 67.216% to 67.457% effective 01/12/2025; amounts recognized in 4Q25.
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  2 April 2026

  ABO Energy Advances International Projects

  Sold rights to 63 MW wind project in New Brunswick (with PPA); signed Owner’s Engineering for 64.86 MWp Belorado I solar in Spain; received final payment for sold 200 MW Colombian solar project.
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  1 April 2026

  MOL boosts ALTEO stake to 39.97% and swaps 15% Waberer's stake

  Share-swap: 15.38% exchanged for 15% stake; transaction priced on 180-day averages, no cash flows. Parallel sale of 9.22% to Riverland. Pending regulatory approvals; close expected Q2 2026.
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  1 April 2026

  Grupa Azoty to sell GA Polyolefins to Orlen for PLN 1.183bn

  On 31 Mar 2026 a preliminary agreement was signed to sell 100% of the shares; the deal will be carried out on a cash-free, debt-free basis.
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  1 April 2026

  ABO Energy Advances German Wind Projects

  Won tariffs for 16.4 MW; secured permits for Olpe‑Rehringhausen (21 MW), Tholey (14 MW) and St. Gangloff (35 MW); sold Nonnenholz II (6 MW); activated Ortenberg financing; 650 MW permitted.
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  1 April 2026

  LKAB: Johan Menckel on presence and responsibility

  New CEO pledges presence and clear priorities: modernise mining (automation, electrification, digitalisation), shift to carbon‑free processes, extract critical minerals, and support affected communities.
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  1 April 2026

  RWE sells Swedish wind portfolio to Aneo

  Sale transfers 1.8 GW onshore development pipeline, 124 MW operational onshore farms, 48 MW Karehamn offshore, a third-party onshore service business and related development, ops and offshore teams.