Nascent green energy companies that are needed to decarbonize the UK warned they would be hurt by the closure of the country’s ethanol industry https://t.co/6XZl0LBDUE ...

Core Viewpoint - Aker Horizons ASA announced significant structural changes and financial results for the first half of 2025, including a proposed merger and substantial net losses from operations [2][5]. Group 1: Structural Changes and Merger - Aker Horizons proposed a merger of its subsidiary Aker Horizons Holding with Aker MergerCo, which is a subsidiary of Aker ASA, involving shares and cash as consideration [2]. - The merger is expected to be completed in August 2025, and shareholders will receive NOK 0.267963 in cash and 0.001898 shares in Aker ASA for each share owned in Aker Horizons [3][4]. - Post-merger, Aker Horizons will maintain a cash position of approximately NOK 20 million and convertible debt of NOK 1.6 billion, while remaining listed on the Oslo Stock Exchange [4]. Group 2: Financial Performance - The consolidated net loss from continuing operations in H1 2025 was NOK 338 million, primarily due to interest costs and foreign exchange hedge losses [5]. - The consolidated net loss from discontinued operations in H1 2025 was NOK 1,863 million, which included non-recurring items such as a NOK 263 million loss from the sale of a 20% stake in SLB Capturi AS and a NOK 466 million write-down of offshore wind assets [6].

New York, NY , June 06, 2025 (GLOBE NEWSWIRE) -- Globalink Investment Inc. (OTC Pink: GLLI, GLLIW, GLLIR, GLLIU) (“Globalink” or the “Company”), a special purpose acquisition company, announced today that on June 5, 2025, it caused to be deposited $0.15 per public share, totaling $10,890.15 (the “Extension Payment”) into its trust account (the “Trust Account”) with Continental Stock Transfer and Trust Company (“Continental”) to extend the deadline to complete its initial business combination from June 9, 20 ...