NewzIntel.com

Category: Finance

  • MIL-OSI Australia: Weapons found at Paralowie

    Source: New South Wales – News

    Police allegedly located weapons and bomb-making equipment at a northern suburbs home today.

    Police attended a Paralowie address this morning, Tuesday 1 July, where officers allegedly discovered explosives components.

    Further police resources attended, including Bomb Response Unit, CIB detectives, Dog Operations and crime scene investigators.

    A thorough search of the home allegedly uncovered additional weapons, including firearms, swords and crossbows.

    A 30-year-old Paralowie man was arrested at the home and charged with possess firearm without a licence and possess prohibited weapon.

    He was bailed to appear in the Elizabeth Magistrates Court on 7 August.

    A 30-year-old Paralowie woman was reported for possess firearm (gel blaster) and will be summonsed to appear in court at a later date.

    Investigations are continuing.

    Anyone with information about illicit firearms or weapons in our community can report it to police via Crime Stoppers on 1800 333 000 or online at www.crimestopperssa.com.au

    MIL OSI News –

  • MIL-OSI: Anmodning om suspension i enkelte afdelinger under Investeringsforeningen Danske Invest

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Nikolaj Plads 6
    1007 København K

    Bernstorffsgade 40
     1577  København V
    Telefon 33 33 71 71
    Telefax 33 15 71 71
    www.danskeinvest.dk

    1. juli 2025

    Anmodning om suspension i enkelt afdeling under Investeringsforeningen Danske Invest

    Grundet lokal børslukkedag i det underliggende marked anmodes det om suspension i en enkelt afdeling under Investeringsforeningen Danske Invest den 1. juli 2025.

    Den berørte afdeling/andelsklasse vises i skemaet nedenfor.

    Investeringsforeningen Danske Invest:

    Afdeling/andelsklasse ISIN-kode OMX Identifikation
    Kina, klasse DKK d DK0010295336 DKIKI

    Med venlig hilsen

    DANSKE INVEST
    MANAGEMENT A/S

    Tina Hjorth Hetting

    Head of Fund Products

    The MIL Network –

  • MIL-OSI: Anmodning om suspension i enkelte afdelinger under Investeringsforeningen Danske Invest

    Source: GlobeNewswire (MIL-OSI)

    Nasdaq Copenhagen
    Nikolaj Plads 6
    1007 København K

    Bernstorffsgade 40
     1577  København V
    Telefon 33 33 71 71
    Telefax 33 15 71 71
    www.danskeinvest.dk

    1. juli 2025

    Anmodning om suspension i enkelt afdeling under Investeringsforeningen Danske Invest

    Grundet lokal børslukkedag i det underliggende marked anmodes det om suspension i en enkelt afdeling under Investeringsforeningen Danske Invest den 1. juli 2025.

    Den berørte afdeling/andelsklasse vises i skemaet nedenfor.

    Investeringsforeningen Danske Invest:

    Afdeling/andelsklasse ISIN-kode OMX Identifikation
    Kina, klasse DKK d DK0010295336 DKIKI

    Med venlig hilsen

    DANSKE INVEST
    MANAGEMENT A/S

    Tina Hjorth Hetting

    Head of Fund Products

    The MIL Network –

  • MIL-OSI Russia: Spanish PM calls for inclusive multilateralism at Financing for Development conference

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    SEVILLE, Spain, July 1 (Xinhua) — Spanish Prime Minister Pedro Sanchez on Monday called for inclusive and strong multilateralism at the opening of the fourth International Conference on Financing for Development here in southern Spain.

    P. Sanchez, who is also the conference chair, said that in the current global context, inclusive and strong multilateralism is especially needed and the UN should be at its core.

    He called on delegates to translate slogans into action, resolve differences through unity and build trust through dialogue.

    Noting that two-thirds of the UN Sustainable Development Goals were behind schedule, UN Secretary-General António Guterres said at the opening of the session that the conference would take action in three areas – accelerating the flow of funds, reforming the international debt system and increasing the participation of developing countries in the institutions of the international financial system.

    The conference, dedicated to global development finance, will run until Thursday and will bring together representatives from governments, international organizations, financial institutions, businesses and other entities. –0–

    MIL OSI Russia News –

  • MIL-OSI: INVL Asset Management raises EUR 35.43 million for investments in funds managed by 17Capital

    Source: GlobeNewswire (MIL-OSI)

    INVL Asset Management, the leading alternative asset manager in the Baltics, raised EUR 35.43 million for investments in funds managed by 17Capital which provides financing to the world’s largest private equity managers, investors, and funds. This success in attracting investor funds further solidifies the Invalda INVL group’s leading position in the Baltic private debt market.

    “The private debt market is experiencing rapid growth globally, and the Baltic region is no exception. Private debt is emerging as an important alternative to traditional financing, while also serving as a valuable tool for portfolio diversification. We appreciate the trust our investors place in us and their decision to leverage the access we provide to globally diversified private debt funds managed by an experienced team. To date, our group has attracted over EUR 75 million to this asset class, reinforcing our leading position in the,” says Justas Riauba, Invalda INVL’s Group Chief Investment Officer.

    A private debt fund INVL Bridge Finance, which had more than EUR 40 million of assets under management at the end of May this year, is also a part of the Invalda INVL group.

    INVL Partner Strategic Lending funds were distributed to the Baltic investors by the financial brokerage firm INVL Financial Advisors, which operates in Lithuania under the INVL Family Office brand.

    “Retail and institutional investors in the Baltic countries are showing strong and growing interest in private debt solutions as an important component of a diversified portfolio. The successful distribution of these funds through the INVL Family Office reflects increasing confidence in structured, institutional-grade products and highlights the growing maturity of investors when it comes to selecting alternative investment solutions,” says Asta Jovaišienė, who heads the INVL Family Office.

    Launched this year, the INVL Partner Strategic Lending funds invest in funds managed by 17Capital, a private credit manager active in North America and Europe. The strategy of that world-class specialised manager’s funds is to lend to the world’s best known private equity funds, managers and management companies against the net asset value (NAV) of their private equity portfolios or the management companies’ investments, as well as to the participants of such funds.

    The minimum investment in the funds for informed investors is EUR 125,000 or, if investments are made in US dollars, USD 145,000. The INVL Partner Strategic Lending funds target an expected net average annual investment return of more than 10%. The anticipated duration of the funds is 7 years.

    Founded in 2008, 17Capital operates primarily from London and New York. The company has completed more than 100 investments and more than 50 exits and since its inception has raised more than USD 13 billion.

    About INVL Asset Management 

    INVL Asset Management is the leading Baltic alternative asset manager. We strive to deliver superior risk-adjusted returns to our investors while positively impacting our region’s economic development. 

    We are part of the Invalda INVL group with a track record spanning over 30 years. Our group manages or has under supervision more than EUR 1.9 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. Our scope of activities also includes family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.

    The person for additional information:
    Justas Riauba, Invalda INVL Group Chief Investment Officer
    Justas.Riauba@invl.com

    The MIL Network –

  • MIL-OSI: INVL Asset Management raises EUR 35.43 million for investments in funds managed by 17Capital

    Source: GlobeNewswire (MIL-OSI)

    INVL Asset Management, the leading alternative asset manager in the Baltics, raised EUR 35.43 million for investments in funds managed by 17Capital which provides financing to the world’s largest private equity managers, investors, and funds. This success in attracting investor funds further solidifies the Invalda INVL group’s leading position in the Baltic private debt market.

    “The private debt market is experiencing rapid growth globally, and the Baltic region is no exception. Private debt is emerging as an important alternative to traditional financing, while also serving as a valuable tool for portfolio diversification. We appreciate the trust our investors place in us and their decision to leverage the access we provide to globally diversified private debt funds managed by an experienced team. To date, our group has attracted over EUR 75 million to this asset class, reinforcing our leading position in the,” says Justas Riauba, Invalda INVL’s Group Chief Investment Officer.

    A private debt fund INVL Bridge Finance, which had more than EUR 40 million of assets under management at the end of May this year, is also a part of the Invalda INVL group.

    INVL Partner Strategic Lending funds were distributed to the Baltic investors by the financial brokerage firm INVL Financial Advisors, which operates in Lithuania under the INVL Family Office brand.

    “Retail and institutional investors in the Baltic countries are showing strong and growing interest in private debt solutions as an important component of a diversified portfolio. The successful distribution of these funds through the INVL Family Office reflects increasing confidence in structured, institutional-grade products and highlights the growing maturity of investors when it comes to selecting alternative investment solutions,” says Asta Jovaišienė, who heads the INVL Family Office.

    Launched this year, the INVL Partner Strategic Lending funds invest in funds managed by 17Capital, a private credit manager active in North America and Europe. The strategy of that world-class specialised manager’s funds is to lend to the world’s best known private equity funds, managers and management companies against the net asset value (NAV) of their private equity portfolios or the management companies’ investments, as well as to the participants of such funds.

    The minimum investment in the funds for informed investors is EUR 125,000 or, if investments are made in US dollars, USD 145,000. The INVL Partner Strategic Lending funds target an expected net average annual investment return of more than 10%. The anticipated duration of the funds is 7 years.

    Founded in 2008, 17Capital operates primarily from London and New York. The company has completed more than 100 investments and more than 50 exits and since its inception has raised more than USD 13 billion.

    About INVL Asset Management 

    INVL Asset Management is the leading Baltic alternative asset manager. We strive to deliver superior risk-adjusted returns to our investors while positively impacting our region’s economic development. 

    We are part of the Invalda INVL group with a track record spanning over 30 years. Our group manages or has under supervision more than EUR 1.9 billion of assets across multiple asset classes including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. Our scope of activities also includes family office services in Lithuania, Latvia and Estonia, management of pension funds in Latvia, and investments in global third-party funds.

    The person for additional information:
    Justas Riauba, Invalda INVL Group Chief Investment Officer
    Justas.Riauba@invl.com

    The MIL Network –

  • MIL-OSI Economics: Danish households buy European stocks

    Source: Danmarks Nationalbank

    Investments in defense stocks are significant

    Defense stocks account for 32 per cent of Danish households’ total purchases of European stocks in the first five months of 2025. At the top of the list are Rheinmetall and Saab. In May, for the first time, Rheinmetall became the European stock in which Danish households have the largest investment. This is primarily driven by price increases and, to a lesser extent, new purchases. Although Danish households have sold American stocks and bought European ones in 2025, American stocks still make up 29 per cent of the total stock portfolio as of May. In comparison, European stocks account for 16 per cent, Danish stocks 48 per cent, and other listed stocks 7 per cent.

    MIL OSI Economics –

  • MIL-OSI Economics: Danish households buy European stocks

    Source: Danmarks Nationalbank

    Investments in defense stocks are significant

    Defense stocks account for 32 per cent of Danish households’ total purchases of European stocks in the first five months of 2025. At the top of the list are Rheinmetall and Saab. In May, for the first time, Rheinmetall became the European stock in which Danish households have the largest investment. This is primarily driven by price increases and, to a lesser extent, new purchases. Although Danish households have sold American stocks and bought European ones in 2025, American stocks still make up 29 per cent of the total stock portfolio as of May. In comparison, European stocks account for 16 per cent, Danish stocks 48 per cent, and other listed stocks 7 per cent.

    MIL OSI Economics –

  • MIL-OSI Video: International development financing conference adopts commitment and action platform in Sevilla

    Source: United Nations (video statements)

    The Fourth International Conference on Financing for Development adopted the Compromiso de Sevilla as well as a Platform for Action laying the foundation for a renewed global framework to close the $4 trillion financing gap for the Sustainable Development Goals (SDGs), address the debt crises, and make the international financial system fairer and more transparent.
    #ffd4 #sustainabledevelopment

    https://www.youtube.com/watch?v=7gwhdRz3W40

    MIL OSI Video –

  • MIL-OSI: BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF AXA INVESTMENT MANAGERS

    Source: GlobeNewswire (MIL-OSI)

            

    BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF
    AXA INVESTMENT MANAGERS

    PRESS RELEASE

    Paris, 01 July 2025,

    BNP Paribas Cardif has finalised the acquisition of AXA Investment Managers (AXA IM) and signed a long-term partnership with the AXA Group to manage a large part of its assets.

    This operation, announced on 1st August 2024, will enable the BNP Paribas Group to create a leading European asset management platform with over EUR 1.5 trillion in assets under management entrusted by its clients. It allows the Group to become the European leader in long-term savings management for insurers and pension funds with around EUR 850 billion, with the ambition to become the European leader in fund collection for private asset investments and positioning itself among the main providers of ETFs in Europe. This operation is also part of the Group’s core mission to support the economy by mobilising savings to finance future-oriented projects in the best interests of its clients.

    By combining the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, this new platform will have a wide range of traditional and alternative assets, an expanded global distribution network, enhanced innovation capabilities, and a more comprehensive offering in responsible investment. It will benefit from AXA IM Alts’ market position and expertise in private assets, which are key drivers of future growth for institutional and individual clients, as well as AXA IM’s know-how in long-term asset management for insurance and retirement. In this context, BNP Paribas Cardif will leverage the capabilities of this platform for the management of a large part of its assets, notably its general funds.

    The formation of this new platform marks a major milestone in the development and growth journey of the IPS division. It will fully benefit from BNP Paribas’ integrated model, in close collaboration with the CPBS and CIB businesses, particularly within the framework of the “originate to distribute” approach.

    “This acquisition is an important moment for the entire BNP Paribas Group. We are delighted to welcome the AXA IM teams, who will find within the BNP Paribas Group a strong culture of customer service as well as ambitious growth and innovation prospects. These are teams with recognised and complementary expertise that will build together a European industrial project to better serve our clients. I have every confidence in the ability of the management teams of our asset management activities to grow the business and create value for our clients and employees,” said Jean-Laurent Bonnafé, Director and Chief Executive Officer of BNP Paribas.

    Joint working groups with AXA IM teams are already in place to reflect on and develop a common roadmap, particularly with regard to offerings and services. This roadmap will be submitted to the appropriate employee representative bodies.

    The project to merge the legal entities of AXA IM, BNP Paribas AM and BNP Paribas REIM, which would create the new platform held by BNP Paribas Cardif, is currently the subject of consultation with employee representative bodies.

    Sandro Pierri, CEO of BNP Paribas AM, will lead the BNP Paribas Group’s asset management activities and Marco Morelli, the current Executive Chairman of AXA IM, will chair the BNP Paribas Group’s asset management activities.

    From a financial perspective:

    • The Group’s revenue growth by 2026, including the impact of the transaction, will be greater than +5% (CAGR 24-26), with an average annual jaws effect of +1.5 pts.
    • Return on Invested Capital (ROIC) will be more than 14% in year three (2028) and more than 20% in year four (2029).
    • From a prudential perspective, the impact of the operation on the Group’s CET1 ratio is estimated at approximately -35bp as of the 3rd quarter 2025 results, discussions with supervisory authorities are still on going.

    An update on the progress of the operation will be provided upon the release of the third-quarter 2025 results ahead of a Deep Dive, that will take place during the first quarter 2026, focused on the Group’s trajectory including this operation.

    About BNP Paribas
    Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    BNP Paribas Press Contacts
    Hacina Habchi: hacina.habchi@bnpparibas.com +33 7 61 97 65 20
    Sandrine Romano: sandrine.romano@bnpparibas.com +33 6 71 18 13 05

    Attachment

    The MIL Network –

  • MIL-OSI: BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF AXA INVESTMENT MANAGERS

    Source: GlobeNewswire (MIL-OSI)

            

    BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF
    AXA INVESTMENT MANAGERS

    PRESS RELEASE

    Paris, 01 July 2025,

    BNP Paribas Cardif has finalised the acquisition of AXA Investment Managers (AXA IM) and signed a long-term partnership with the AXA Group to manage a large part of its assets.

    This operation, announced on 1st August 2024, will enable the BNP Paribas Group to create a leading European asset management platform with over EUR 1.5 trillion in assets under management entrusted by its clients. It allows the Group to become the European leader in long-term savings management for insurers and pension funds with around EUR 850 billion, with the ambition to become the European leader in fund collection for private asset investments and positioning itself among the main providers of ETFs in Europe. This operation is also part of the Group’s core mission to support the economy by mobilising savings to finance future-oriented projects in the best interests of its clients.

    By combining the expertise of AXA IM, BNP Paribas Asset Management, and BNP Paribas REIM, this new platform will have a wide range of traditional and alternative assets, an expanded global distribution network, enhanced innovation capabilities, and a more comprehensive offering in responsible investment. It will benefit from AXA IM Alts’ market position and expertise in private assets, which are key drivers of future growth for institutional and individual clients, as well as AXA IM’s know-how in long-term asset management for insurance and retirement. In this context, BNP Paribas Cardif will leverage the capabilities of this platform for the management of a large part of its assets, notably its general funds.

    The formation of this new platform marks a major milestone in the development and growth journey of the IPS division. It will fully benefit from BNP Paribas’ integrated model, in close collaboration with the CPBS and CIB businesses, particularly within the framework of the “originate to distribute” approach.

    “This acquisition is an important moment for the entire BNP Paribas Group. We are delighted to welcome the AXA IM teams, who will find within the BNP Paribas Group a strong culture of customer service as well as ambitious growth and innovation prospects. These are teams with recognised and complementary expertise that will build together a European industrial project to better serve our clients. I have every confidence in the ability of the management teams of our asset management activities to grow the business and create value for our clients and employees,” said Jean-Laurent Bonnafé, Director and Chief Executive Officer of BNP Paribas.

    Joint working groups with AXA IM teams are already in place to reflect on and develop a common roadmap, particularly with regard to offerings and services. This roadmap will be submitted to the appropriate employee representative bodies.

    The project to merge the legal entities of AXA IM, BNP Paribas AM and BNP Paribas REIM, which would create the new platform held by BNP Paribas Cardif, is currently the subject of consultation with employee representative bodies.

    Sandro Pierri, CEO of BNP Paribas AM, will lead the BNP Paribas Group’s asset management activities and Marco Morelli, the current Executive Chairman of AXA IM, will chair the BNP Paribas Group’s asset management activities.

    From a financial perspective:

    • The Group’s revenue growth by 2026, including the impact of the transaction, will be greater than +5% (CAGR 24-26), with an average annual jaws effect of +1.5 pts.
    • Return on Invested Capital (ROIC) will be more than 14% in year three (2028) and more than 20% in year four (2029).
    • From a prudential perspective, the impact of the operation on the Group’s CET1 ratio is estimated at approximately -35bp as of the 3rd quarter 2025 results, discussions with supervisory authorities are still on going.

    An update on the progress of the operation will be provided upon the release of the third-quarter 2025 results ahead of a Deep Dive, that will take place during the first quarter 2026, focused on the Group’s trajectory including this operation.

    About BNP Paribas
    Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability.

    BNP Paribas Press Contacts
    Hacina Habchi: hacina.habchi@bnpparibas.com +33 7 61 97 65 20
    Sandrine Romano: sandrine.romano@bnpparibas.com +33 6 71 18 13 05

    Attachment

    The MIL Network –

  • MIL-OSI Africa: Minister of State for International Cooperation Meets Swiss Official

    Source: Government of Qatar

    Seville, June 30, 2025

    HE Minister of State for International Cooperation Maryam bint Ali bin Nasser Al Misnad met on Monday with HE Vice-Minister for International Cooperation and Director General of the Swiss Development Cooperation Agency (SDC) Patricia Danzi, on the sidelines of the 4th International Conference on Financing for Development (FFD4), held in Seville, Kingdom of Spain.

    The meeting discussed cooperation relations between the State of Qatar and the Swiss Confederation and ways to support and enhance them, particularly in the areas of international development and humanitarian aid.

    In this regard, the two sides stressed the importance of integrating roles and coordinating efforts to enhance sustainable humanitarian responses in conflict-affected areas, particularly in Syria and Afghanistan.

    Regional and international developments, along with a number of topics of common interest, were also discussed.

    MIL OSI Africa –

  • MIL-OSI: Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

    Source: GlobeNewswire (MIL-OSI)

    Company announcement
    No. 16/2025

    1 July 2025

    Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

    Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed company of Netcompany and SDC would merge into a combined company fully owned by Netcompany. The transaction values SDC at DKK 1 billion and includes a cash payment of DKK 1 billion from Netcompany to SDC’s shareholders.

    The transaction with SDC provides a strong foothold for Netcompany in the financial services industry, which is the highest spending vertical within IT services in Europe. In 2025, the total addressable market in DK, NO, and SE is estimated to be more than DKK 44 billion and the market is expected to grow more than 10% annually towards 2028, supporting Netcompany’s ambition of delivering continued sustainable organic growth.

    André Rogaczewski, CEO Netcompany states:
    “As we conclude the transaction with SDC, I am excited to welcome our new colleagues to Netcompany. This transaction positions Netcompany at the forefront of digital innovation in the banking sector. Together, we are embarking on a journey to redefine banking services, making them smarter, more efficient, and more customer-centric.
    We are excited about the opportunities this transaction presents within the financial services industry and expect this transaction to create innovative and best-in-class services in Denmark, Scandinavia, and the rest of Europe”  

    Klaus Skjødt, CEO Sparekassen Kronjylland states:  
    “We are excited about the future and eager to realise the full potential of this transaction and to take all the knowledge that SDC has spent over 60 years building to the next level.
    Our combined expertise and resources will empower us to deliver cutting-edge solutions and drive transformative change across the industry. I am confident that our partnership will enhance the banking experience for all stakeholders and set new standards for what both banks and their customers can expect in the future.”

    Transaction details

    • Netcompany has acquired 100% of the shares in SDC for a cash consideration of DKK 1 billion. Netcompany has made the acquisition through the newly formed company – Netcompany Banking Services A/S – which has merged with SDC resulting in a fully owned subsidiary of Netcompany in which the activities of SDC are embedded.
    • The cash consideration is funded by way of utilising current credit facilities. The transaction is fully debt financed within the existing covenants.
    • Due to integration costs, the transaction is expected to have a dilutive impact on EPS for the financial year 2025.
    • The transaction is expected to be EPS accretive (diluted) to Netcompany from the financial year 2026 compared to the financial year 2024. Furthermore, the transaction is expected to be double-digit percentage EPS accretive (diluted) by the financial year 2028 – also compared to the financial year 2024.
    • Following the completion of the transaction, Netcompany Banking Services A/S intends to renounce the Collective Bargaining Agreement between the Financial Services Union for employees in Finance (in Danish: “Finansforbundet”) and Finance Denmark (in Danish: Finans Danmark), including associated protocols, local agreements, customs, etc. The reason for the intended renunciation of the Collective Bargaining Agreement is that Netcompany operates as a provider of IT services and not as a company within the financial sector.
    • To accelerate further collaboration and support integration, all employees in SDC, who are currently based in SDC’s headquarters in Ballerup, will move to Netcompany’s headquarters in Copenhagen as of the beginning of January 2026.  

    Financial guidance
    Financial guidance for 2025 for Netcompany on a stand-alone basis, as disclosed in the Annual Report 2024, is based on organic performance metrics and hence maintained. Organic revenue growth is expected between 5% and 10% and the adjusted EBITDA margin between 16% and 19%.

    In connection with the release of the Q2 Interim Report on 14 August 2025, Netcompany will disclose expected non-organic revenue and non-organic EBITDA for 2025 which accounts for the incorporation of SDC into Netcompany Banking Services for the full second half of 2025.

    In connection with the Q3 Interim Report on 30 October 2025, Netcompany will disclose expected annual synergies as well as transaction – and integration costs, including provision for restructuring costs associated with the realisation of future synergies. In addition, a full purchase price allocation will be included in the Q3 Interim Report.

    Netcompany expects to reinitiate its share buyback programmes in connection with the Q2 Interim Report on 14 August 2025. Leverage at the end of 2025 is expected to be around 1.5x.

    As a consequence of the completion of the transaction, Netcompany’s financial aspirations for 2026 and 2027 regarding margin and revenue targets will be revised to reflect the incorporation of SDC and for this reason, the previously communicated targets are no longer relevant. The ambition to buy back shares for a total of DKK 2bn in the period from 2024 until the end of 2026 persists. Revised long-term financial aspirations will be communicated in connection with a Capital Markets Day on 31 October 2025.

    Additional information
    For additional information, please contact:

    Netcompany Group A/S
    Media:
    Jacob Therkelsen, Head of PR and Public Affairs, +45 31 12 67 08

    Investors:
    Thomas Johansen, CFO, + 45 51 19 32 24
    Frederikke Linde, Head of IR, +45 60 62 60 87

    Attachment

    The MIL Network –

  • MIL-OSI: Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

    Source: GlobeNewswire (MIL-OSI)

    Company announcement
    No. 16/2025

    1 July 2025

    Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

    Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed company of Netcompany and SDC would merge into a combined company fully owned by Netcompany. The transaction values SDC at DKK 1 billion and includes a cash payment of DKK 1 billion from Netcompany to SDC’s shareholders.

    The transaction with SDC provides a strong foothold for Netcompany in the financial services industry, which is the highest spending vertical within IT services in Europe. In 2025, the total addressable market in DK, NO, and SE is estimated to be more than DKK 44 billion and the market is expected to grow more than 10% annually towards 2028, supporting Netcompany’s ambition of delivering continued sustainable organic growth.

    André Rogaczewski, CEO Netcompany states:
    “As we conclude the transaction with SDC, I am excited to welcome our new colleagues to Netcompany. This transaction positions Netcompany at the forefront of digital innovation in the banking sector. Together, we are embarking on a journey to redefine banking services, making them smarter, more efficient, and more customer-centric.
    We are excited about the opportunities this transaction presents within the financial services industry and expect this transaction to create innovative and best-in-class services in Denmark, Scandinavia, and the rest of Europe”  

    Klaus Skjødt, CEO Sparekassen Kronjylland states:  
    “We are excited about the future and eager to realise the full potential of this transaction and to take all the knowledge that SDC has spent over 60 years building to the next level.
    Our combined expertise and resources will empower us to deliver cutting-edge solutions and drive transformative change across the industry. I am confident that our partnership will enhance the banking experience for all stakeholders and set new standards for what both banks and their customers can expect in the future.”

    Transaction details

    • Netcompany has acquired 100% of the shares in SDC for a cash consideration of DKK 1 billion. Netcompany has made the acquisition through the newly formed company – Netcompany Banking Services A/S – which has merged with SDC resulting in a fully owned subsidiary of Netcompany in which the activities of SDC are embedded.
    • The cash consideration is funded by way of utilising current credit facilities. The transaction is fully debt financed within the existing covenants.
    • Due to integration costs, the transaction is expected to have a dilutive impact on EPS for the financial year 2025.
    • The transaction is expected to be EPS accretive (diluted) to Netcompany from the financial year 2026 compared to the financial year 2024. Furthermore, the transaction is expected to be double-digit percentage EPS accretive (diluted) by the financial year 2028 – also compared to the financial year 2024.
    • Following the completion of the transaction, Netcompany Banking Services A/S intends to renounce the Collective Bargaining Agreement between the Financial Services Union for employees in Finance (in Danish: “Finansforbundet”) and Finance Denmark (in Danish: Finans Danmark), including associated protocols, local agreements, customs, etc. The reason for the intended renunciation of the Collective Bargaining Agreement is that Netcompany operates as a provider of IT services and not as a company within the financial sector.
    • To accelerate further collaboration and support integration, all employees in SDC, who are currently based in SDC’s headquarters in Ballerup, will move to Netcompany’s headquarters in Copenhagen as of the beginning of January 2026.  

    Financial guidance
    Financial guidance for 2025 for Netcompany on a stand-alone basis, as disclosed in the Annual Report 2024, is based on organic performance metrics and hence maintained. Organic revenue growth is expected between 5% and 10% and the adjusted EBITDA margin between 16% and 19%.

    In connection with the release of the Q2 Interim Report on 14 August 2025, Netcompany will disclose expected non-organic revenue and non-organic EBITDA for 2025 which accounts for the incorporation of SDC into Netcompany Banking Services for the full second half of 2025.

    In connection with the Q3 Interim Report on 30 October 2025, Netcompany will disclose expected annual synergies as well as transaction – and integration costs, including provision for restructuring costs associated with the realisation of future synergies. In addition, a full purchase price allocation will be included in the Q3 Interim Report.

    Netcompany expects to reinitiate its share buyback programmes in connection with the Q2 Interim Report on 14 August 2025. Leverage at the end of 2025 is expected to be around 1.5x.

    As a consequence of the completion of the transaction, Netcompany’s financial aspirations for 2026 and 2027 regarding margin and revenue targets will be revised to reflect the incorporation of SDC and for this reason, the previously communicated targets are no longer relevant. The ambition to buy back shares for a total of DKK 2bn in the period from 2024 until the end of 2026 persists. Revised long-term financial aspirations will be communicated in connection with a Capital Markets Day on 31 October 2025.

    Additional information
    For additional information, please contact:

    Netcompany Group A/S
    Media:
    Jacob Therkelsen, Head of PR and Public Affairs, +45 31 12 67 08

    Investors:
    Thomas Johansen, CFO, + 45 51 19 32 24
    Frederikke Linde, Head of IR, +45 60 62 60 87

    Attachment

    The MIL Network –

  • MIL-OSI: ZetaDisplay and ENRA Technologies Partner to Drive Digital Signage Innovation in South Africa

    Source: GlobeNewswire (MIL-OSI)

    Leading European digital signage provider ZetaDisplay has announced an exciting new partnership with ENRA Technologies, a rapidly growing South African IT and AV solutions company, to accelerate the adoption of digital signage across South Africa and the wider African and Middle Eastern markets.

    This strategic collaboration will leverage ZetaDisplay’s proprietary Engage Suite, an advanced digital signage software platform, to offer a full-service digital signage solution to businesses in retail, manufacturing, finance, and insurance. Together, ENRA and ZetaDisplay will combine their expertise to create innovative, data-driven digital experiences that enhance customer engagement and operational efficiency.

    Raees Mukuddem, CEO and Founder of ENRA Technologies says:

    “The digital signage market in South Africa is still in its infancy, but we’ve recognised its immense potential. By partnering with ZetaDisplay, an internationally recognised leader in this space, we are bringing best-in-class full-service solutions to the market. We believe in success through collaboration—what we call ‘evoking Ubuntu’—and we’re excited to work alongside ZetaDisplay to transform the industry.”

    ENRA Technologies, founded in 2008, has grown from humble beginnings into a powerhouse delivering IT-managed services, integrated AV, security, and electronics across Africa and the Middle East. With a commitment to service excellence, the company has built strong, long-term relationships with major clients such as Woolworths, University of the Western Cape, Western Cape Government as well as other Public and Private sector Enterprises.

    A Level One Black Economic Empowerment (BEE) company, ENRA is deeply committed to driving economic transformation in South Africa and has been recognised as a three-time Impumelelo Award winner for business excellence.

    Ola Sæverås, Chief Business Officer at ZetaDisplay comments:

    “ENRA is the perfect partner for expanding into the South African market. They are incredibly well-established, working with leading brands and enterprise clients across the region. Their deep local expertise, combined with our innovative Engage Suite CMS platform, will allow us to create powerful digital signage solutions tailored to regional business needs.”

    The partnership is already making waves, with ENRA actively pursuing major digital signage rollouts with a leading South African retail chain with over 750 stores and one of the country’s top universities.

    At the heart of this collaboration is ZetaDisplay’s Engage Suite, a next-generation CMS designed for omnichannel content management, real-time data analytics and programmatic advertising integration. The platform will empower South African businesses to create seamless, automated and highly targeted digital signage campaigns.

    This partnership signals a new era for digital signage in South Africa, bringing together European innovation and African expertise to create engaging, effective, and future-proof digital solutions.

    For further information please contact:

    Ola Sæverås
    Chief Business Officer – ZetaDisplay Group
    Phone: +47 41 678 234
    Email: ola@zetadisplay.com  

    Raees Mukuddem 
    CEO / Founder – ENRA technologies South Africa
    Tel: +27 72 786 1856
    Email: raees@enra.co.za

    ABOUT ENRA Technologies

    Founded in 2008 ENRA Technologies CC (“ENRA”) is a B-BBEE Level 1, South African ICT organisation headquartered in Cape Town with a satellite office in Johannesburg servicing clients throughout the country and the wider African continent.
    ENRA’s core business is turnkey solutions design, implementation and maintenance of IT, Audio Visual and Security systems for government and private sector entities.
    ENRA is deeply committed to driving economic transformation in South Africa and has been recognised as a three-time Impumelelo Award winner for business excellence.
    More information at: www.enra.co.za/

    ABOUT ZETADISPLAY

    ZetaDisplay was founded 2003 in Sweden as one of the early pioneers of digital signage software and solutions. Today ZetaDisplay is of the leading European corporations in the digital signage market and a leading force in the European and global digital signage industry.

    Our proprietary software platform, digital business development and consulting services, innovative digital signage solutions, and creative concepts regularly inspire- influence and guide millions of people every day in retail environments, in restaurants, on advertising screens, in factories, on trains, on cruise ships, in stadiums, in workplaces and in all types of public spaces indoor and outdoor. ZetaDisplay is one of the largest leading European digital signage companies with direct operations in eight European countries and the US with +125,000 active installations in over 50 countries, across all major continents where we are the business partner of choice for many of the worlds most respected blue-chip brands and companies.

    ZetaDisplay is based in Malmö-Sweden, has a turnover of SEK +600 million and employs approx. 250 co-workers. ZetaDisplay is owned by the investment company Hanover Investors.

    More information about ZetaDisplay can be found on the group global website www.zetadisplay.com or for Investor relations at www.ir.zetadisplay.com  or for owner information at www.hanoverinvestors.com.

    Attachments

    The MIL Network –

  • MIL-OSI: Lay jury verdict in the TriZetto trial

    Source: GlobeNewswire (MIL-OSI)

                                                                    Press Release

    Lay jury verdict in the TriZetto trial

    Paris – July 1st, 2025. Atos Group acknowledges that, on 30 June 2025, a lay jury in the United States District Court for the Southern District of New York awarded compensatory damages in the amount of close to 70 million dollars to be paid by Syntel to TriZetto, as part of Syntel’s ongoing litigation with Cognizant and its subsidiary Trizetto, for damages due to Syntel’s misappropriation and copyright infringement. The case started in 2015 between Syntel and TriZetto and predated the 2018 acquisition of Syntel by Atos.

    The lay jury verdict will now be reviewed by the judge and a final decision is expected within the following months, which could be assorted of punitive damages. Atos will have the right to appeal.

    ***

    About Atos Group

    Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands – — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos Group is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact

    Investor relations: investors@atos.net

    Individual shareholders: +33 8 05 65 00 75

    Media relations: globalprteam@atos.net

    Attachment

    The MIL Network –

  • MIL-OSI: Onefxclub net Equips Users With Advanced Analysis Tools

    Source: GlobeNewswire (MIL-OSI)

    LAUNCESTON, Australia, July 01, 2025 (GLOBE NEWSWIRE) — Onefxclub.net, a company specializing in financial services, has expanded its offering by providing users with advanced tools designed to assist in making informed decisions based on comprehensive data. These tools aim to support individuals in understanding market information more clearly and efficiently. The availability of enhanced analysis resources reflects the company’s dedication to enabling its user base to better navigate the financial environment through careful examination of relevant indicators and patterns.

    The recent improvements underscore the increasing importance of accessible analytical capabilities within the financial sector. Through detailed graphical data, real-time updates, and customizable features, the tools facilitate a deeper insight into financial movements without requiring specialized expertise. The value of these resources lies in their capacity to help users interpret various factors that influence financial outcomes, ultimately promoting more calculated and thoughtful decision-making processes.

    Feedback from multiple sources has emphasized the practicality and clarity of the new features. A Onefxclub.net review highlights how the tools contribute to clearer visualization of trends, which assists users in evaluating scenarios with greater confidence. By streamlining the process of data interpretation, these analytical aids reduce the likelihood of misunderstandings. The review points out that this clarity serves as an important support system for anyone seeking to deepen their financial knowledge.

    Another aspect underlined in a Onefxclub net review relates to the flexibility offered by the platform. Users can tailor the tools to their preferences, focusing on specific data points relevant to their particular interests or needs. This customization enables a more targeted experience, allowing each person to concentrate on the areas that matter most to them. Such personalization is seen as a meaningful enhancement, fostering a user-friendly environment that respects individual priorities and learning styles.

    Importantly, the Onefxclub.net review also notes the balance struck between simplicity and detail. While providing access to comprehensive datasets, the tools maintain an approachable design that avoids overwhelming users. This balance ensures that the resources are suitable for a broad audience, including those who may be new to the financial field as well as more experienced individuals. The emphasis on ease of use without sacrificing depth marks a thoughtful effort to support diverse user backgrounds.

    The company’s commitment to ongoing refinement is apparent through continuous updates and improvements to the analytical tools. Feedback mechanisms encourage users to share their experiences and suggest enhancements, which in turn informs further development. This responsive attitude highlights a focus on practical usefulness. Such a methodical progression helps maintain the relevance and reliability of the tools in a changing financial landscape.

    In conclusion, the introduction of advanced analysis tools by Onefxclub represents a noteworthy step toward enriching the resources available to those engaged in financial activities. The tools assist users in better understanding complex information, allowing for more informed choices and greater confidence. The emphasis on accessibility, clarity, and customization underlines a commitment to user support that has been recognized in multiple reviews.

    About Onefxclub.net

    Onefxclub.net operates as a financial services provider with a focus on offering comprehensive analysis solutions that help users process and understand various market indicators. It operates on an international scale, maintaining active partnerships and engagements across over 30+ countries worldwide. Its global presence reflects a broad and diverse network of financial operations. The company prioritizes clear and effective tools that can be adapted to individual needs, helping its audience navigate financial data with more ease and confidence. By equipping users with these resources, the company supports a more informed approach to managing financial matters.

    Serving a diverse clientele, Onefxclub consistently works to enhance the quality and relevance of its offerings. The company listens closely to user feedback to adjust its tools, ensuring they remain practical and useful. This ongoing commitment reflects an understanding of the evolving demands within financial environments and a dedication to helping users better grasp and respond to financial information.

    Company Details

    Company Name: Onefxclub
    Email Address: support@onefxclub.net
    Company Address: LAUNCESTON TAS, 7250 Tasmania, Australia.
    Company Website: https://onefxclub.net

    Disclaimer: This press release is provided by Onefxclub. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI: Onefxclub net Equips Users With Advanced Analysis Tools

    Source: GlobeNewswire (MIL-OSI)

    LAUNCESTON, Australia, July 01, 2025 (GLOBE NEWSWIRE) — Onefxclub.net, a company specializing in financial services, has expanded its offering by providing users with advanced tools designed to assist in making informed decisions based on comprehensive data. These tools aim to support individuals in understanding market information more clearly and efficiently. The availability of enhanced analysis resources reflects the company’s dedication to enabling its user base to better navigate the financial environment through careful examination of relevant indicators and patterns.

    The recent improvements underscore the increasing importance of accessible analytical capabilities within the financial sector. Through detailed graphical data, real-time updates, and customizable features, the tools facilitate a deeper insight into financial movements without requiring specialized expertise. The value of these resources lies in their capacity to help users interpret various factors that influence financial outcomes, ultimately promoting more calculated and thoughtful decision-making processes.

    Feedback from multiple sources has emphasized the practicality and clarity of the new features. A Onefxclub.net review highlights how the tools contribute to clearer visualization of trends, which assists users in evaluating scenarios with greater confidence. By streamlining the process of data interpretation, these analytical aids reduce the likelihood of misunderstandings. The review points out that this clarity serves as an important support system for anyone seeking to deepen their financial knowledge.

    Another aspect underlined in a Onefxclub net review relates to the flexibility offered by the platform. Users can tailor the tools to their preferences, focusing on specific data points relevant to their particular interests or needs. This customization enables a more targeted experience, allowing each person to concentrate on the areas that matter most to them. Such personalization is seen as a meaningful enhancement, fostering a user-friendly environment that respects individual priorities and learning styles.

    Importantly, the Onefxclub.net review also notes the balance struck between simplicity and detail. While providing access to comprehensive datasets, the tools maintain an approachable design that avoids overwhelming users. This balance ensures that the resources are suitable for a broad audience, including those who may be new to the financial field as well as more experienced individuals. The emphasis on ease of use without sacrificing depth marks a thoughtful effort to support diverse user backgrounds.

    The company’s commitment to ongoing refinement is apparent through continuous updates and improvements to the analytical tools. Feedback mechanisms encourage users to share their experiences and suggest enhancements, which in turn informs further development. This responsive attitude highlights a focus on practical usefulness. Such a methodical progression helps maintain the relevance and reliability of the tools in a changing financial landscape.

    In conclusion, the introduction of advanced analysis tools by Onefxclub represents a noteworthy step toward enriching the resources available to those engaged in financial activities. The tools assist users in better understanding complex information, allowing for more informed choices and greater confidence. The emphasis on accessibility, clarity, and customization underlines a commitment to user support that has been recognized in multiple reviews.

    About Onefxclub.net

    Onefxclub.net operates as a financial services provider with a focus on offering comprehensive analysis solutions that help users process and understand various market indicators. It operates on an international scale, maintaining active partnerships and engagements across over 30+ countries worldwide. Its global presence reflects a broad and diverse network of financial operations. The company prioritizes clear and effective tools that can be adapted to individual needs, helping its audience navigate financial data with more ease and confidence. By equipping users with these resources, the company supports a more informed approach to managing financial matters.

    Serving a diverse clientele, Onefxclub consistently works to enhance the quality and relevance of its offerings. The company listens closely to user feedback to adjust its tools, ensuring they remain practical and useful. This ongoing commitment reflects an understanding of the evolving demands within financial environments and a dedication to helping users better grasp and respond to financial information.

    Company Details

    Company Name: Onefxclub
    Email Address: support@onefxclub.net
    Company Address: LAUNCESTON TAS, 7250 Tasmania, Australia.
    Company Website: https://onefxclub.net

    Disclaimer: This press release is provided by Onefxclub. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    The MIL Network –

  • MIL-OSI: CBHH’s Charles Cameron on Financing The Next Generation of Critical Infrastructure – On Navatar’s A-Game Podcast: Sector Focus, Growth Infra, Cross-Border M&A Execution and CRM Value

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — In the latest episode of Navatar’s A-Game podcast, Charles Cameron, Partner at CBHH (Cameron Barney Herbst Hilgenfeldt), shares the firm’s focused approach to sourcing and executing infrastructure financing and M&A opportunities across the UK and continental Europe. The conversation explores how CBHH is helping next-generation infrastructure businesses raise institutional capital and scale across borders

    CBHH is a boutique M&A and corporate finance advisory firm, operating at the intersection of infrastructure and technology—a space the firm refers to as “core+ or value-add infrastructure.” This includes data centres and fiber broadband roll-outs, EV and HGV charging infrastructure, energy generation and storage and smart city technologies—all sectors with proven unit economics, but where companies still face growth-stage operational risk and have considerable demands for capital.

    Core+ Infrastructure

    Cameron explains how CBHH’s business focuses on “next-generation infrastructure” assets—businesses that fall between venture and traditional infrastructure mandates. They’re too small for most large-cap investors, but too capital-intensive for early-stage funds. Yet, these firms are driving “mission critical” infrastructure for the future and therefore, it is important that their funding needs are solved.

    “These companies are capital hungry and operationally intense. But if you understand the unit economics—like take-up rates for fiber or utilization of EV charging—you can underwrite the growth just like with traditional infrastructure,” Cameron notes.

    European Market Dynamics & German Expansion

    Cameron Barney’s post-Brexit merger with German boutique Herbst Hilgenfeldt Partners has given the enlarged firm (“CBHH”) real-time coverage across two of Europe’s most active infrastructure markets.

    “In Europe, decarbonization and digital infra are public priorities. Governments and investors alike are aligned—and we’re specifically positioned as the ‘go to’ firm to advise technology-centric infrastructure scale-ups which are leading that transition,” he says.

    From Advisory to Execution to Capital

    Strong relationships are central to CBBH’s approach. It is notable that CBHH regularly works with companies from their earliest institutional round all the way to large-scale strategic exits. A particular feature is that the firm has also co-invested in past clients—blending traditional merchant banking principles and support for clients with modern M&A execution.

    “We’re not just dropping-in for a transaction. Some clients we’ve advised through 9 or 10 deals—and we have also invested alongside them from the outset. That level of commitment and continuity is rare (in our view), but it’s how we operate and how we have developed deep sector knowledge and relationships.”

    Competing with Bulge Bracket banks

    Despite its boutique size, CBHH punches well above its weight—often winning mandates over global investment banks. Cameron attributes this in part to the global banking heritage and transaction experience of the senior team. He also believes that the firm’s continued success if founded on deep sector knowledge, ongoing senior partner engagement, and agility in the midst of complex transactions.

    “We are the size of a bulge bracket’s sector team—but almost certainly more focused, more aligned, and closer to the client. Our clients always get the A-team, not the associate bench.”

    Scaling Institutional Knowledge with Navatar

    With a growing cross-border team, CBHH chose Navatar’s CRM platform to turn individual relationships into firmwide institutional knowledge.

    “With a growing team and across separate offices, Navatar gives us CRM tool of a bulge-bracket platform, but purpose-built for firms like ours,” observed Cameron.

    “CBHH represents exactly the kind of investment bank redefining sector leadership in today’s private markets,” said Alok Misra, CEO at Navatar. “Their deep expertise in infrastructure, enviable record in transaction execution and long-term client model set them apart. Navatar simply helps surface and scale their institutional knowledge—so every individual in the firm, on every deal can benefit from every insight from their colleagues – and bring the full value of the firm to its mandates.”

    Final Takeaways

    Cameron also shares perspectives on:

    • Why large infra investors may want to engage earlier in an infra lifecycle
    • How operational experience of its partners has made CBHH a stronger advisor
    • Why the firm is leaning into ‘smart city’ infra and exploring ‘natural capital’ opportunities alongside its more traditional sector focus of telecoms and renewable energy infrastructure.
    • How to balance the demands of ‘hands-on’ partner involvement whilst scaling an advisory firm.

    “This is a firm built by ex-Goldman, Morgan Stanley, and UBS bankers—all of whom chose to bring their A game to the next generation of entrepreneurs, facing the challenges of rapid growth and large-scale capital requirements. We bring a distinct discipline and empathy to every client relationship.”

    Listen to the full episode: https://youtu.be/wDJeyzySbTs?si=kG_2nkbM1dQaDmOw

    Learn more about CBHH: www.cbhh.com

    Learn more about on Navatar’s CRM for M&A Advisory & Investment Banking: https://www.navatargroup.com/mergers-and-acquisitions-crm-software/

    About Cameron Barney Herbst Hilgenfeldt

    Cameron Barney Herbst Hilgenfeldt (CBHH) is an independent European investment bank providing financing and M&A advice to fast-growing companies in the ‘infra-tech’ sector including energy transition infrastructure, digital infrastructure, social infrastructure, natural capital and technology.

    About Navatar

    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, is a low-touch, high-impact intelligence engine purpose-built for investment workflows across private markets. Our platform delivers seamless intelligence capture, unifies firmwide relationships, and orchestrates complex deal processes—without requiring high-touch input or behavioral change from investment professionals. Backed by over two decades of CRM expertise, Navatar is used by hundreds of global private markets firms to drive institutional knowledge, create early access to opportunities and streamline execution. For more information, visit www.navatargroup.com.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network –

  • MIL-OSI: CBHH’s Charles Cameron on Financing The Next Generation of Critical Infrastructure – On Navatar’s A-Game Podcast: Sector Focus, Growth Infra, Cross-Border M&A Execution and CRM Value

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — In the latest episode of Navatar’s A-Game podcast, Charles Cameron, Partner at CBHH (Cameron Barney Herbst Hilgenfeldt), shares the firm’s focused approach to sourcing and executing infrastructure financing and M&A opportunities across the UK and continental Europe. The conversation explores how CBHH is helping next-generation infrastructure businesses raise institutional capital and scale across borders

    CBHH is a boutique M&A and corporate finance advisory firm, operating at the intersection of infrastructure and technology—a space the firm refers to as “core+ or value-add infrastructure.” This includes data centres and fiber broadband roll-outs, EV and HGV charging infrastructure, energy generation and storage and smart city technologies—all sectors with proven unit economics, but where companies still face growth-stage operational risk and have considerable demands for capital.

    Core+ Infrastructure

    Cameron explains how CBHH’s business focuses on “next-generation infrastructure” assets—businesses that fall between venture and traditional infrastructure mandates. They’re too small for most large-cap investors, but too capital-intensive for early-stage funds. Yet, these firms are driving “mission critical” infrastructure for the future and therefore, it is important that their funding needs are solved.

    “These companies are capital hungry and operationally intense. But if you understand the unit economics—like take-up rates for fiber or utilization of EV charging—you can underwrite the growth just like with traditional infrastructure,” Cameron notes.

    European Market Dynamics & German Expansion

    Cameron Barney’s post-Brexit merger with German boutique Herbst Hilgenfeldt Partners has given the enlarged firm (“CBHH”) real-time coverage across two of Europe’s most active infrastructure markets.

    “In Europe, decarbonization and digital infra are public priorities. Governments and investors alike are aligned—and we’re specifically positioned as the ‘go to’ firm to advise technology-centric infrastructure scale-ups which are leading that transition,” he says.

    From Advisory to Execution to Capital

    Strong relationships are central to CBBH’s approach. It is notable that CBHH regularly works with companies from their earliest institutional round all the way to large-scale strategic exits. A particular feature is that the firm has also co-invested in past clients—blending traditional merchant banking principles and support for clients with modern M&A execution.

    “We’re not just dropping-in for a transaction. Some clients we’ve advised through 9 or 10 deals—and we have also invested alongside them from the outset. That level of commitment and continuity is rare (in our view), but it’s how we operate and how we have developed deep sector knowledge and relationships.”

    Competing with Bulge Bracket banks

    Despite its boutique size, CBHH punches well above its weight—often winning mandates over global investment banks. Cameron attributes this in part to the global banking heritage and transaction experience of the senior team. He also believes that the firm’s continued success if founded on deep sector knowledge, ongoing senior partner engagement, and agility in the midst of complex transactions.

    “We are the size of a bulge bracket’s sector team—but almost certainly more focused, more aligned, and closer to the client. Our clients always get the A-team, not the associate bench.”

    Scaling Institutional Knowledge with Navatar

    With a growing cross-border team, CBHH chose Navatar’s CRM platform to turn individual relationships into firmwide institutional knowledge.

    “With a growing team and across separate offices, Navatar gives us CRM tool of a bulge-bracket platform, but purpose-built for firms like ours,” observed Cameron.

    “CBHH represents exactly the kind of investment bank redefining sector leadership in today’s private markets,” said Alok Misra, CEO at Navatar. “Their deep expertise in infrastructure, enviable record in transaction execution and long-term client model set them apart. Navatar simply helps surface and scale their institutional knowledge—so every individual in the firm, on every deal can benefit from every insight from their colleagues – and bring the full value of the firm to its mandates.”

    Final Takeaways

    Cameron also shares perspectives on:

    • Why large infra investors may want to engage earlier in an infra lifecycle
    • How operational experience of its partners has made CBHH a stronger advisor
    • Why the firm is leaning into ‘smart city’ infra and exploring ‘natural capital’ opportunities alongside its more traditional sector focus of telecoms and renewable energy infrastructure.
    • How to balance the demands of ‘hands-on’ partner involvement whilst scaling an advisory firm.

    “This is a firm built by ex-Goldman, Morgan Stanley, and UBS bankers—all of whom chose to bring their A game to the next generation of entrepreneurs, facing the challenges of rapid growth and large-scale capital requirements. We bring a distinct discipline and empathy to every client relationship.”

    Listen to the full episode: https://youtu.be/wDJeyzySbTs?si=kG_2nkbM1dQaDmOw

    Learn more about CBHH: www.cbhh.com

    Learn more about on Navatar’s CRM for M&A Advisory & Investment Banking: https://www.navatargroup.com/mergers-and-acquisitions-crm-software/

    About Cameron Barney Herbst Hilgenfeldt

    Cameron Barney Herbst Hilgenfeldt (CBHH) is an independent European investment bank providing financing and M&A advice to fast-growing companies in the ‘infra-tech’ sector including energy transition infrastructure, digital infrastructure, social infrastructure, natural capital and technology.

    About Navatar

    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, is a low-touch, high-impact intelligence engine purpose-built for investment workflows across private markets. Our platform delivers seamless intelligence capture, unifies firmwide relationships, and orchestrates complex deal processes—without requiring high-touch input or behavioral change from investment professionals. Backed by over two decades of CRM expertise, Navatar is used by hundreds of global private markets firms to drive institutional knowledge, create early access to opportunities and streamline execution. For more information, visit www.navatargroup.com.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network –

  • MIL-OSI: CBHH’s Charles Cameron on Financing The Next Generation of Critical Infrastructure – On Navatar’s A-Game Podcast: Sector Focus, Growth Infra, Cross-Border M&A Execution and CRM Value

    Source: GlobeNewswire (MIL-OSI)

    LONDON and NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) — In the latest episode of Navatar’s A-Game podcast, Charles Cameron, Partner at CBHH (Cameron Barney Herbst Hilgenfeldt), shares the firm’s focused approach to sourcing and executing infrastructure financing and M&A opportunities across the UK and continental Europe. The conversation explores how CBHH is helping next-generation infrastructure businesses raise institutional capital and scale across borders

    CBHH is a boutique M&A and corporate finance advisory firm, operating at the intersection of infrastructure and technology—a space the firm refers to as “core+ or value-add infrastructure.” This includes data centres and fiber broadband roll-outs, EV and HGV charging infrastructure, energy generation and storage and smart city technologies—all sectors with proven unit economics, but where companies still face growth-stage operational risk and have considerable demands for capital.

    Core+ Infrastructure

    Cameron explains how CBHH’s business focuses on “next-generation infrastructure” assets—businesses that fall between venture and traditional infrastructure mandates. They’re too small for most large-cap investors, but too capital-intensive for early-stage funds. Yet, these firms are driving “mission critical” infrastructure for the future and therefore, it is important that their funding needs are solved.

    “These companies are capital hungry and operationally intense. But if you understand the unit economics—like take-up rates for fiber or utilization of EV charging—you can underwrite the growth just like with traditional infrastructure,” Cameron notes.

    European Market Dynamics & German Expansion

    Cameron Barney’s post-Brexit merger with German boutique Herbst Hilgenfeldt Partners has given the enlarged firm (“CBHH”) real-time coverage across two of Europe’s most active infrastructure markets.

    “In Europe, decarbonization and digital infra are public priorities. Governments and investors alike are aligned—and we’re specifically positioned as the ‘go to’ firm to advise technology-centric infrastructure scale-ups which are leading that transition,” he says.

    From Advisory to Execution to Capital

    Strong relationships are central to CBBH’s approach. It is notable that CBHH regularly works with companies from their earliest institutional round all the way to large-scale strategic exits. A particular feature is that the firm has also co-invested in past clients—blending traditional merchant banking principles and support for clients with modern M&A execution.

    “We’re not just dropping-in for a transaction. Some clients we’ve advised through 9 or 10 deals—and we have also invested alongside them from the outset. That level of commitment and continuity is rare (in our view), but it’s how we operate and how we have developed deep sector knowledge and relationships.”

    Competing with Bulge Bracket banks

    Despite its boutique size, CBHH punches well above its weight—often winning mandates over global investment banks. Cameron attributes this in part to the global banking heritage and transaction experience of the senior team. He also believes that the firm’s continued success if founded on deep sector knowledge, ongoing senior partner engagement, and agility in the midst of complex transactions.

    “We are the size of a bulge bracket’s sector team—but almost certainly more focused, more aligned, and closer to the client. Our clients always get the A-team, not the associate bench.”

    Scaling Institutional Knowledge with Navatar

    With a growing cross-border team, CBHH chose Navatar’s CRM platform to turn individual relationships into firmwide institutional knowledge.

    “With a growing team and across separate offices, Navatar gives us CRM tool of a bulge-bracket platform, but purpose-built for firms like ours,” observed Cameron.

    “CBHH represents exactly the kind of investment bank redefining sector leadership in today’s private markets,” said Alok Misra, CEO at Navatar. “Their deep expertise in infrastructure, enviable record in transaction execution and long-term client model set them apart. Navatar simply helps surface and scale their institutional knowledge—so every individual in the firm, on every deal can benefit from every insight from their colleagues – and bring the full value of the firm to its mandates.”

    Final Takeaways

    Cameron also shares perspectives on:

    • Why large infra investors may want to engage earlier in an infra lifecycle
    • How operational experience of its partners has made CBHH a stronger advisor
    • Why the firm is leaning into ‘smart city’ infra and exploring ‘natural capital’ opportunities alongside its more traditional sector focus of telecoms and renewable energy infrastructure.
    • How to balance the demands of ‘hands-on’ partner involvement whilst scaling an advisory firm.

    “This is a firm built by ex-Goldman, Morgan Stanley, and UBS bankers—all of whom chose to bring their A game to the next generation of entrepreneurs, facing the challenges of rapid growth and large-scale capital requirements. We bring a distinct discipline and empathy to every client relationship.”

    Listen to the full episode: https://youtu.be/wDJeyzySbTs?si=kG_2nkbM1dQaDmOw

    Learn more about CBHH: www.cbhh.com

    Learn more about on Navatar’s CRM for M&A Advisory & Investment Banking: https://www.navatargroup.com/mergers-and-acquisitions-crm-software/

    About Cameron Barney Herbst Hilgenfeldt

    Cameron Barney Herbst Hilgenfeldt (CBHH) is an independent European investment bank providing financing and M&A advice to fast-growing companies in the ‘infra-tech’ sector including energy transition infrastructure, digital infrastructure, social infrastructure, natural capital and technology.

    About Navatar

    Navatar (@navatargroup), the CRM platform for alternative assets and investment banking firms, is a low-touch, high-impact intelligence engine purpose-built for investment workflows across private markets. Our platform delivers seamless intelligence capture, unifies firmwide relationships, and orchestrates complex deal processes—without requiring high-touch input or behavioral change from investment professionals. Backed by over two decades of CRM expertise, Navatar is used by hundreds of global private markets firms to drive institutional knowledge, create early access to opportunities and streamline execution. For more information, visit www.navatargroup.com.

    Sales Team
    Navatar
    sales@navatargroup.com

    The MIL Network –

  • MIL-Evening Report: 2 polls have Tasmania headed for another hung parliament, but disagree on which party is ahead

    Source: The Conversation (Au and NZ) – By Adrian Beaumont, Election Analyst (Psephologist) at The Conversation; and Honorary Associate, School of Mathematics and Statistics, The University of Melbourne

    Two Tasmanian state polls imply another hung parliament at the July 19 election under Tasmania’s proportional system. In one of these polls, Labor leads the Liberals, while in the other the Liberals lead.

    A Tasmanian snap state election will be held on July 19, just 16 months after the previous election in March 2024. This election is being held owing to a successful early June no-confidence vote in Liberal Premier Jeremy Rockliff.

    Tasmania uses the proportional Hare-Clark system to elect its lower house. There are five electorates corresponding to Tasmania’s five federal seats, and each electorate returns seven members, for a total of 35 lower house MPs.

    Under this system, a quota for election is one-eighth of the vote or 12.5%, but half of this (6.2%) is usually enough to give a reasonable chance of election. There’s no above the line section like for the federal Senate. Instead, people vote for candidates not parties, with at least seven preferences required for a formal vote.

    Robson rotation means that candidates for each party are randomised across ballot papers for that electorate, so that on some ballot papers a candidate will appear at the top of their party’s ticket and on others at the bottom.

    This means parties can’t control the ordering of their candidates. Independents can be listed in single-candidate columns.

    At the last election, the Liberals won 14 of the 35 seats, Labor ten, the Greens five, the Jacqui Lambie Network (JLN) three and independents three. Two of the three JLN MPs were later expelled from their party, but remained in parliament as independents.

    Candidate nominations were declared last Friday. There are 31 candidates in Bass, 38 in Braddon, 26 in Clark, 31 in Franklin and 35 in Lyons, for a total of 161 candidates, or 4.6 candidates per vacancy.

    The JLN isn’t running candidates, but the Nationals are running in Bass, Braddon and Lyons, and they include two former JLN MPs. Previous Tasmanian attempts by the Nationals have been failures, with their last effort in 2014 earning them just 0.8% of the statewide vote.

    YouGov and DemosAU polls

    A Tasmanian YouGov poll, conducted June 12–24 from a sample of 1,287, gave Labor 34% of the vote, the Liberals 31%, the Greens 13%, independents 18% and others 4%. Despite trailing on voting intentions, Rockliff led Labor’s Dean Winter by 43–36 as preferred premier.

    Respondents were asked to select the three most important items they wanted their candidate to agree with. Investing more in health was selected by 52%, building more public housing by 45% and reducing state debt by taxing those who can afford to pay by 41%.

    Opposing privatisation and asset sales was selected by 34%, while supporting privatisation was selected by 18%. Being anti-Macquarie AFL stadium was selected by 33%, while being pro-stadium was selected by 22%. When asked specifically about privatisation, voters were opposed by 47–36.

    Analyst Kevin Bonham reported a DemosAU poll, conducted June 19–26 from a sample of 4,289, gave the Liberals 34% of the vote, Labor 27.3%, the Greens 15.1% and independents 19.3%, leaving 4.7% presumably for others. This poll was originally reported in The Advocate, and was taken for an “unnamed peak body”.

    Bonham thinks it is likely that the independent vote in both these polls is overstated. These polls were both conducted before nominations were declared.

    If the DemosAU poll is correct, the Liberals would be likely to win more seats than Labor, while Labor would be likely to win more seats if the YouGov poll is right. But in both cases, the winning party would be well short of the 18 seats needed for a single-party majority.

    From 2010 to 2014, Labor governed in coalition with the Greens, and its heavy loss at the 2014 election was widely blamed on this coalition. Labor has tried to distance itself from the Greens since. In the last parliament, Labor may have been able to form government with the Greens’ assistance, but they refused to attempt to form one.

    If the YouGov poll is right, Labor may be able to form government with independents and not require the Greens. If the DemosAU poll is right, the result of this election is likely to be similar to the 2024 result, and Labor would need the Greens and some independents to form government.

    Federal Morgan poll: Labor far ahead

    A national Morgan poll, conducted June 23–29 from a sample of 1,522, gave federal Labor a 57.5–42.5 lead by headline respondent preferences, a 0.5-point gain for the Coalition since the June 2–22 Morgan poll.

    Primary votes were 36.5% Labor (down one), 30.5% Coalition (down 0.5), 12% Greens (steady), 8.5% One Nation (up 2.5) and 12.5% for all Others (down one). Using 2025 election preference flows, Labor’s lead was reduced to 56.5–43.5.

    Adrian Beaumont does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. 2 polls have Tasmania headed for another hung parliament, but disagree on which party is ahead – https://theconversation.com/2-polls-have-tasmania-headed-for-another-hung-parliament-but-disagree-on-which-party-is-ahead-260062

    MIL OSI Analysis – EveningReport.nz –

  • Union Minister HD Kumaraswamy Inaugurates NMDC and MECON International Offices in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister HD Kumaraswamy, Minister of Steel and Heavy Industries, led a high-level delegation to Dubai where he formally inaugurated the international offices of two major Indian public sector enterprises, NMDC Limited and MECON Limited, on June 30, 2025, marking a significant milestone in India’s expanding global industrial presence in the Middle East.

    The inauguration ceremony was attended by distinguished dignitaries including Ambassador of India to the UAE Sunjay Sudhir, Consul General of India Dubai Satish Kumar Sivan, Joint Secretary Ministry of Steel Vinod Kumar Tripathi, Chairman and Managing Director of NMDC Amitava Mukherjee, Chairman and Managing Director of SAIL Amarendu Prakash, Director Finance MECON, and other senior representatives from the Ministry of Steel, Embassy of India UAE, and the Indian Consulate in Dubai.

    NMDC’s new Dubai office represents a strategic expansion of India’s largest iron ore producer into international markets, designed to unlock new trade partnerships, enhance raw material security, and strengthen India’s self-reliance while boosting global competitiveness in the minerals sector. The Dubai office will serve as a strategic hub for NMDC, actively tracking developments in the mineral sectors across the MENA region, Africa, and Australia, including regulatory changes and government policies. It will focus on scouting mineral assets, conducting technical due diligence, and facilitating engagements with government bodies, business partners, and research institutions.

    Speaking on the occasion, Amitava Mukherjee, Chairman and Managing Director of NMDC, said, “Dubai represents a gateway to global opportunity. With this new office, NMDC is poised to redefine the mining landscape. With our expansion we are revolutionizing our approach to mineral development, securing India’s position as a leader in the mining industry, driving innovation in resource utilization.”

    The office will provide real-time market intelligence and timely decision support, enabling NMDC’s leadership to respond swiftly to global opportunities while building a reliable network for confidential insights on peer companies and exploring collaborations in Mining Equipment and Technology Services. As part of its global mineral diversification strategy, NMDC has been actively evaluating acquisition opportunities across 10 strategic mineral assets globally and exploring critical mineral block acquisitions in Africa, Australia and South America to strengthen its presence in the global critical mineral value chain.

    MECON Limited’s Dubai office inauguration follows the same strategic vision, with the engineering consultancy firm poised to expand India’s footprint in infrastructure and industrial consultancy across the Middle East and beyond. The establishment marks a significant step in showcasing India’s engineering expertise on the global stage, particularly in sectors including engineering, oil and gas, mining, and steel manufacturing. MECON is a frontline design, engineering, consultancy and contracting organisation under the Ministry of Steel, rendering the entire gamut of services from concept to commissioning for more than six decades for setting up projects in metals and mining, power, oil and gas, infrastructure and defense and strategic projects.

    The inauguration of MECON’s Dubai office represents a significant step forward in the company’s journey towards building global footprints for Indian engineering excellence with the unwavering support of the Ministry of Steel. MECON provides one-stop solutions for engineering projects with a workforce of over 800 engineers and experts from more than 30 different engineering disciplines. The company is positioned to explore mutual opportunities, deliver world-class services and contribute to the region’s growth.

    During his visit, the minister also engaged in productive discussions with leading CEOs and Managing Directors of major Indian-origin companies operating in the UAE. The interactions underscored the diplomatic significance of the industrial collaboration initiative, with discussions centered on strengthening industrial cooperation, advancing India-UAE economic ties, and creating new pathways for growth in steel, heavy industries, and strategic investments.

    NMDC Limited, formerly National Mineral Development Corporation, is India’s largest iron ore producer and exporter, founded in 1958 as a fully government-owned entity under the Ministry of Steel. The company produces more than 45 million tonnes annually and operates mines in Bailadila, Chhattisgarh, and Donimalai, Karnataka, while maintaining its position as one of India’s most profitable public sector enterprises involved in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, and coal.

    MECON Limited, formerly known as Metallurgical & Engineering Consultants India Limited, is a central public sector undertaking under the Ministry of Steel established in 1959. The company provides design, engineering, and consultancy services for heavy industry including ferrous and non-ferrous metals, oil and gas, power, and infrastructure sectors, offering comprehensive services ranging from project conceptualization to implementation, including consultancy, design and engineering, procurement of plant and equipment, inspection, construction, project management, and turnkey project execution for both greenfield and brownfield industrial projects.

  • Union Minister HD Kumaraswamy Inaugurates NMDC and MECON International Offices in Dubai

    Source: Government of India

    Source: Government of India (4)

    Union Minister HD Kumaraswamy, Minister of Steel and Heavy Industries, led a high-level delegation to Dubai where he formally inaugurated the international offices of two major Indian public sector enterprises, NMDC Limited and MECON Limited, on June 30, 2025, marking a significant milestone in India’s expanding global industrial presence in the Middle East.

    The inauguration ceremony was attended by distinguished dignitaries including Ambassador of India to the UAE Sunjay Sudhir, Consul General of India Dubai Satish Kumar Sivan, Joint Secretary Ministry of Steel Vinod Kumar Tripathi, Chairman and Managing Director of NMDC Amitava Mukherjee, Chairman and Managing Director of SAIL Amarendu Prakash, Director Finance MECON, and other senior representatives from the Ministry of Steel, Embassy of India UAE, and the Indian Consulate in Dubai.

    NMDC’s new Dubai office represents a strategic expansion of India’s largest iron ore producer into international markets, designed to unlock new trade partnerships, enhance raw material security, and strengthen India’s self-reliance while boosting global competitiveness in the minerals sector. The Dubai office will serve as a strategic hub for NMDC, actively tracking developments in the mineral sectors across the MENA region, Africa, and Australia, including regulatory changes and government policies. It will focus on scouting mineral assets, conducting technical due diligence, and facilitating engagements with government bodies, business partners, and research institutions.

    Speaking on the occasion, Amitava Mukherjee, Chairman and Managing Director of NMDC, said, “Dubai represents a gateway to global opportunity. With this new office, NMDC is poised to redefine the mining landscape. With our expansion we are revolutionizing our approach to mineral development, securing India’s position as a leader in the mining industry, driving innovation in resource utilization.”

    The office will provide real-time market intelligence and timely decision support, enabling NMDC’s leadership to respond swiftly to global opportunities while building a reliable network for confidential insights on peer companies and exploring collaborations in Mining Equipment and Technology Services. As part of its global mineral diversification strategy, NMDC has been actively evaluating acquisition opportunities across 10 strategic mineral assets globally and exploring critical mineral block acquisitions in Africa, Australia and South America to strengthen its presence in the global critical mineral value chain.

    MECON Limited’s Dubai office inauguration follows the same strategic vision, with the engineering consultancy firm poised to expand India’s footprint in infrastructure and industrial consultancy across the Middle East and beyond. The establishment marks a significant step in showcasing India’s engineering expertise on the global stage, particularly in sectors including engineering, oil and gas, mining, and steel manufacturing. MECON is a frontline design, engineering, consultancy and contracting organisation under the Ministry of Steel, rendering the entire gamut of services from concept to commissioning for more than six decades for setting up projects in metals and mining, power, oil and gas, infrastructure and defense and strategic projects.

    The inauguration of MECON’s Dubai office represents a significant step forward in the company’s journey towards building global footprints for Indian engineering excellence with the unwavering support of the Ministry of Steel. MECON provides one-stop solutions for engineering projects with a workforce of over 800 engineers and experts from more than 30 different engineering disciplines. The company is positioned to explore mutual opportunities, deliver world-class services and contribute to the region’s growth.

    During his visit, the minister also engaged in productive discussions with leading CEOs and Managing Directors of major Indian-origin companies operating in the UAE. The interactions underscored the diplomatic significance of the industrial collaboration initiative, with discussions centered on strengthening industrial cooperation, advancing India-UAE economic ties, and creating new pathways for growth in steel, heavy industries, and strategic investments.

    NMDC Limited, formerly National Mineral Development Corporation, is India’s largest iron ore producer and exporter, founded in 1958 as a fully government-owned entity under the Ministry of Steel. The company produces more than 45 million tonnes annually and operates mines in Bailadila, Chhattisgarh, and Donimalai, Karnataka, while maintaining its position as one of India’s most profitable public sector enterprises involved in the exploration of iron ore, rock, gypsum, magnesite, diamond, tin, tungsten, graphite, and coal.

    MECON Limited, formerly known as Metallurgical & Engineering Consultants India Limited, is a central public sector undertaking under the Ministry of Steel established in 1959. The company provides design, engineering, and consultancy services for heavy industry including ferrous and non-ferrous metals, oil and gas, power, and infrastructure sectors, offering comprehensive services ranging from project conceptualization to implementation, including consultancy, design and engineering, procurement of plant and equipment, inspection, construction, project management, and turnkey project execution for both greenfield and brownfield industrial projects.

  • MIL-OSI: Zscaler Announces Pricing of $1.5 Billion Offering of 0.00% Convertible Senior Notes Due 2028

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS) today announced the pricing of $1.5 billion aggregate principal amount of 0.00% convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zscaler also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $225 million aggregate principal amount of notes. The offering is expected to close on July 3, 2025, subject to customary closing conditions.

    The notes will be senior unsecured obligations of Zscaler. The notes will not bear regular interest and the principal amount of the notes will not accrete. The notes will mature on July 15, 2028, unless earlier converted or repurchased. The initial conversion rate will be 2.2752 shares of Zscaler’s common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $439.52 per share). The initial conversion price of the notes represents a conversion premium of approximately 40% over the closing price of Zscaler’s common stock on June 30, 2025. The notes will be convertible under certain circumstances into cash, shares of Zscaler’s common stock or a combination of cash and shares of Zscaler’s common stock, at Zscaler’s election.

    Zscaler estimates that the net proceeds from the offering will be approximately $1.48 billion (or approximately $1.70 billion if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers’ discount and estimated offering expenses payable by Zscaler. Zscaler intends to use $171.0 million of the net proceeds from the offering to pay the cost of the capped call transactions described below. Zscaler intends to use the remainder of the net proceeds for general corporate purposes, which may include working capital, capital expenditures, and potential acquisitions and strategic transactions.

    Further, in connection with the pricing of the notes, Zscaler entered into privately negotiated capped call transactions with certain of the initial purchasers and/or their respective affiliates and other financial institutions (the “option counterparties”). The capped call transactions cover, subject to anti-dilution adjustments substantially similar to those applicable to the notes, the number of shares of Zscaler’s common stock that initially underlie the notes. The capped call transactions are expected generally to reduce the potential dilution to Zscaler’s common stock upon any conversion of notes and/or offset any cash payments Zscaler is required to make in excess of the principal amount of converted notes, as the case may be, with such reduction and/or offset subject to a cap. The cap price of the capped call transactions is initially equal to $784.85 per share (which represents a premium of 150% over the closing price of Zscaler’s common stock on June 30, 2025). If the initial purchasers exercise their option to purchase additional notes, Zscaler expects to enter into additional capped call transactions with the option counterparties.

    Zscaler has been advised that, in connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates may purchase shares of Zscaler’s common stock and/or enter into various derivative transactions with respect to Zscaler’s common stock concurrently with or shortly after the pricing of the notes. This activity could increase (or reduce the size of any decrease in) the market price of Zscaler’s common stock or the notes at that time.

    In addition, Zscaler has been advised that the option counterparties and/or their respective affiliates may modify their hedge positions by entering into or unwinding various derivatives with respect to Zscaler’s common stock and/or purchasing or selling Zscaler’s common stock or other securities of Zscaler in secondary market transactions following the pricing of the notes and prior to the maturity of the notes (and are likely to do so during the observation period related to a conversion of the notes, in connection with any fundamental change repurchase of the notes, and to the extent Zscaler unwinds a corresponding portion of the capped call transactions, following any other repurchase of the notes). This activity could also cause or avoid an increase or a decrease in the market price of Zscaler’s common stock or the notes, which could affect the ability of noteholders to convert the notes and, to the extent the activity occurs during any observation period related to a conversion of notes, it could affect the number of shares and value of the consideration that a noteholder will receive upon conversion of its notes.

    The notes are only being offered and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A promulgated under the Securities Act by means of a private offering memorandum. Neither the notes, nor any shares of Zscaler’s common stock issuable upon conversion of the notes, have been registered under the Securities Act or any state securities laws, and unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.

    This press release is neither an offer to sell nor a solicitation of an offer to buy any securities, nor shall it constitute an offer, solicitation or sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events. In some cases, you can identify forward-looking statements because they contain words such as “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” or “expect,” or the negative of these words, or other similar terms or expressions that concern Zscaler’s expectations, strategy, plans, or intentions. Forward-looking statements in this release include, but are not limited to, statements concerning the capped call transactions and repurchase or early conversion of the notes, exercise of the purchasers option to purchase additional notes, and the anticipated use of proceeds from the offering.

    Zscaler’s expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in Zscaler’s filings with the Securities and Exchange Commission, including Zscaler’s Quarterly Report on Form 10-Q filed on May 29, 2025. The forward-looking statements in this release are based on information available to Zscaler as of the date hereof, and Zscaler disclaims any obligation to update any forward-looking statements, except as required by law.

    Investor Relations Contact:

    Ashwin Kesireddy
    Vice President, Investor Relations & Strategic Finance
    ir@zscaler.com

    Media Contact:

    Nick Gonzalez, Sr. Manager, Media Relations
    press@zscaler.com

    The MIL Network –

  • Indian stock market opens higher, Nifty above 25,500

    Source: Government of India

    Source: Government of India (4)

    The Indian benchmark indices opened higher on Tuesday amid positive global cues, with buying seen in the auto and IT sectors in early trade.

    At around 9:26 a.m., the Sensex was trading 188.66 points, or 0.23 per cent, higher at 83,795.12, while the Nifty rose 54.80 points, or 0.21 per cent, to 25,571.85.

    According to analysts, with US markets hitting new record highs, the mood in global equities remains upbeat, and West Asian geopolitical tensions are no longer perceived as a threat to the global economy.

    “Going forward, the market is likely to be influenced by developments on the tariff front. An India-US trade deal will be positive, but if it does not materialise, the market is likely to be impacted,” said Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    The Nifty Bank index was up 51.95 points, or 0.09 per cent, at 57,364.70 in early trade. The Nifty Midcap 100 index was trading at 59,887.65 after adding 146.45 points, or 0.25 per cent. The Nifty Smallcap 100 index rose 52.50 points, or 0.28 per cent, to 19,127.60.

    Experts noted that the Nifty’s short-term trend remains positive, as it continues to hold above its nearest moving average support, the 5-day EMA.

    “The Nifty has partially filled the gap in the 25,640–25,740 range that was formed on October 3, 2024. Any move and close above 25,740 would negate this gap resistance and could potentially extend the Nifty’s upward rally towards the 26,000 mark. Immediate support for the Nifty comes in at 25,400,” said Devarsh Vakil, Head of Prime Research at HDFC Securities.

    In the Sensex pack, Asian Paints, BEL, Bharti Airtel, HDFC Bank, PowerGrid, ITC, HCL Tech, Tata Motors, and Hindustan Unilever Limited were among the top gainers. Axis Bank, Trent, Tata Steel, Sun Pharma, Tech Mahindra, Maruti Suzuki, and Eternal were the top laggards.

    Experts said that the strong fundamentals of the Indian economy could attract increased fund flows into Indian equities. Sustained weakness in the dollar (with the dollar index now at 96.81) means the likelihood of heavy selling by foreign institutional investors (FIIs) is low; they may even continue to buy despite high valuations.

    FIIs were net sellers on June 30, offloading equities worth Rs 831.50 crore, while domestic institutional investors (DIIs) remained net buyers, purchasing equities worth Rs 3,497.44 crore.

    In Asian markets, China, Bangkok, Seoul, and Jakarta were trading in the green, while Japan was the only market trading in the red.

    In the previous trading session, the Dow Jones in the US closed at 44,094.77, up 275.50 points, or 0.63 per cent. The S&P 500 ended with a gain of 31.87 points, or 0.52 per cent, at 6,204.94, while the Nasdaq closed at 20,369.73, up 96.27 points, or 0.47 per cent.

    —IANS

  • MIL-OSI Australia: Arrests – Dangerous driving – Alice Springs

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force has arrested three male youths in relation to a dangerous driving incident that occurred this morning in Alice Springs.

    Around 1:40am, police received a report of two vehicles driving suspiciously in Alice Springs. One of the vehicles, a grey Subaru Outback, was identified as being reported stolen on 29 June. The second vehicle, a black Holden Commodore, was not reported as stolen. Both vehicles were sighted by police being driven by youths.

    Both vehicles failed to stop, and a resolution strategy was formulated involving members from Strike Force Viper, the Territory Safety Division, and general duties officers. A pursuit of the Holden Commodore was subsequently commenced after it began driving dangerously. The stolen Subaru drove from the area and remains outstanding, along with its unknown occupants.

    The Commodore subsequently clipped a kerb, resulting in damage to the vehicle. The three occupants, aged 13, 13, and 14, abandoned it in Araluen and attempted to flee on foot, but were apprehended and arrested by police.

    The two 13-year-olds were later released into the care of responsible adults pending further investigations. The 14-year-old has been charged and will appear in court this afternoon.

    Investigations are ongoing and anyone with information is urged to contact police on 131 444 and quote reference P25175514. Anonymous reports can be made through Crime Stoppers on 1800 333 000 or via https://crimestoppersnt.com.au/.

    MIL OSI News –

  • MIL-OSI New Zealand: Reserve Bank Board appointments announced

    Source: New Zealand Government

    Former Acting Governor Grant Spencer has been appointed to the Reserve Bank of New Zealand Board, Finance Minister Nicola Willis has announced.
    Board member Byron Pepper has been reappointed. Both are on five-year terms, beginning today.
    “Grant Spencer brings expertise in central banking, financial stability, and monetary policy,” Nicola Willis says.
    Spencer also served as Deputy Governor, Head of Financial Stability from 2007 to 2017 and was Acting Governor from 2017 to 2018.
    Nicola Willis says Byron Pepper’s reappointment reflects his contribution to the Reserve Bank Board.
    “Mr Pepper has recently been made chairman of the RBNZ’s Financial Stability Oversight Committee. He is an experienced investment banking advisor and director with more than 25 years of experience, including 22 years at Goldman Sachs, bringing expertise in corporate strategy, financial services, and insurance.”
    Nicola Willis also acknowledged the contribution of Rawinia Higgins, who retired from the Board effective June 30.
    There remains one vacancy on the Board, which will be filled in due course.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Kiwis’ hard-earned money safer

    Source: New Zealand Government

    New rules taking effect today will provide greater protection for Kiwis’ money in the unlikely event of a bank collapse, Finance Minister Nicola Willis says.

    From today, deposits at banks, building societies, credit unions and finance companies are insured up to $100,000 per person, per institution.

    The change comes from the launch of the Depositor Compensation Scheme (DCS).

    “The implementation of this scheme should give New Zealanders extra peace of mind that if something were to go wrong at the institution where they have entrusted their money, they will get their money back.

    “It has the additional benefit of promoting better competition by providing smaller deposit takers the ability to compete on a level playing field.

    “Sometimes a smaller deposit taker can provide a more competitive deal, but the consumer’s confidence is undermined by that organisation’s exposure to risk. This scheme helps overcome that issue, promoting better competition, and therefore better deals for Kiwis.”

    The introduction of the scheme, which is funded by deposit takers and administered by the Reserve Bank, brings New Zealand in line with internation peers, such as Australia and the United Kingdom.

    Under the DCS, each depositor is protected up to $100,000 per deposit taker. That means that in the unlikely event of a deposit taker collapse, people who have put their money in eligible accounts will get back up to $100,000 per person.

    The DCS covers money held in standard banking products, including transaction, savings, notice and term deposit accounts.

    The change is automatic and depositors do not have to do anything to be covered, but it is recommended people check with their deposit taker – be it a bank or something else – to see what is protected by the scheme.

    Notes:

    For more information on the Depositor Compensation Scheme, including what it covers, and which banks and non-bank deposit takers provide DCS-protected deposits visit this page.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Ferry privatisation would be a disaster

    Source: Maritime Union of New Zealand

    The Maritime Union of New Zealand (MUNZ) says suggestions of privatisation of the new Cook Strait Interislander ferries would be a dangerous step backwards.

    The proposals were contained in a cabinet paper presented to the Government earlier this year and obtained by media under the OIA.

    Maritime Union of New Zealand National Secretary Carl Findlay says past privatisation of strategic transport infrastructure had caused great harm to our national supply chain.

    He says the ideological push for privatization will be coming from the extreme right in the Government represented by the ACT Party.

    Mr Findlay says New Zealand’s rail network, including the ferries, had been sold off to overseas corporates in the 1990s by a right wing National Government.

    “What followed was a textbook case of corporate raiding, where assets were stripped for short-term profit, maintenance was run into the ground, and workers paid with their lives due to shocking health and safety breaches.”

    “The taxpayer was then forced to spend millions to buy back the asset and start the long process of fixing it up.”

    Mr Findlay says it is essential for a New Zealand owned, public ferry operator to be on the Cook Strait for economic security and supply chain resilience.

    He says the Cook Strait is our ‘blue highway’, an essential extension of State Highway 1 and the Main Trunk Line.

    “We believe the Minister of Rail, Winston Peters, who has spoken at length about the failures of past privatisations, will not allow the Government to be swayed by ACT style agendas.”

    Mr Findlay says the ferry replacement process has already been a fiasco, with the decision of Finance Minister Nicola Willis to cancel the iRex project creating years of delays and a billion dollar cost to New Zealand.

    He says there are many other opportunities for private operators to enter into other coastal shipping services, and the Government should be supporting this goal.

    “For the Cook Strait, our focus should be on investing in a modern, reliable, and publicly-owned ferry fleet that is fit for the 21st century and serves all New Zealanders.”

    The Maritime Union of New Zealand represents seafaring and catering crews on both Cook Strait ferry operators.

    MIL OSI New Zealand News –