AGP Executive Report
Last update: 6 hours agoM&A Shock: Intertek has agreed to a £10bn takeover by Swedish buyout firm EQT, ending weeks of bids and adding another blow to the London market. Nuclear Policy: Sweden’s Parliament has approved changes to simplify uranium mining and expand coastal sites for nuclear power, with uranium no longer treated like a nuclear facility under the Nuclear Activities Act. Steel & Carbon Costs: ArcelorMittal, Thyssenkrupp Steel and Voestalpine are urging an ETS pause, warning that phasing out free allowances before green hydrogen and other decarbonisation options are ready could damage competitiveness. Energy Transition Watch: The WEF’s Energy Transition Index 2026 keeps Sweden, Finland and Denmark at the top, while India rises to 70th—global readiness dips for the first time in over a decade. Healthcare Investment: KKR is in advanced talks to buy at least a $1bn majority stake in Sweden’s Medicover Hospitals India, expanding its healthcare push in India. AI for Finance: Pacera launched “Pacera AI” for CFOs, aiming to blend trusted financial controls with conversational, agentic workflow support. Construction Tech: Mechasys and Blinken partner to distribute Mechasys’ 1:1 XR projector for BIM/CAD layout directly on Swedish job sites. Telecom Leadership: Ericsson appoints David Hammarwall as Head of Business Area Networks, effective Oct 1, 2026, as Per Narvinger moves to CEO.
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