ABU DHABI / WAM Edge Group has announced the acquisition of UAE-based Trust International Group, a defence trading specialist and major supplier of premium solutions to the UAE Armed Forces and security establishments. Trust will join Edge within its Trading and Mission Support cluster, complementing the Group’s existing multi-domain capabilities. Founded in 2004, Trust acts as a supplier and military ...

BLOOMBERG A Brookfield Asset Management Inc-led consortium agreed terms on a A$18.7 billion ($10.2 billion) deal, including debt, to acquire Australian utility Origin Energy Ltd after months of delays. The consortium, which includes EIG Global Energy Partners, increased the value of its proposal following further talks in recent weeks and the pact will value Origin’s shares at A$8.912 each, the ...

BLOOMBERG France’s oil-processing industry is running at a fraction of normal capacity as worker strikes enter their fourth week. Four of the nation’s six refineries are barely operating after Exxon Mobil Corp started taking the larger of its two French facilities out of service at the weekend because it can’t get crude into the site. The country’s labour action is ...