Metalloinvest signs agreement with 12 banks for receiving ECA backed financing
MOSCOW: Metalloinvest Finance, a leading global iron ore and HBI producer and supplier and one of the regional producers of high-quality steel, announced the signing...
Liberty Mutual Insurance finalizes sale of Pembroke and Ironshore Europe businesses to Hamilton
HAMILTON: Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency Limited and its platform at Lloyd’s, as well as Dublin-based carrier, Ironshore Europe...
LINE Securities launches new service
TOKYO: Nomura Holdings Inc. announced that LINE Securities Corporation, the firm’s joint venture with LINE Financial Corporation, has launched a new investment service on the...
Sistema becomes shareholder of pharmaceutical businesses Sintez and Biocom
MOSCOW: Sistema, a publicly traded diversified Russian holding company, has completed the acquisition, together with a financial partner, of a 46.5% equity stake in Sintez...
Eight Capital Partners acquires €2 million receivables
LONDON: Eight Capital Partners has completed the acquisition of a €2 million receivable as outlined in its announcement of 1 June 2019 Notice of AGM....
ReAssure announces to acquire Quilter UK for £425mn
LONDON: ReAssure Group, a leading UK closed book life insurance consolidator, has agreed to acquire the UK Heritage business of Quilter plc for a total...
Ithmaar Holding announces plans to voluntarily delist from Boursa Kuwait
MANAMA, BAHRAIN: Ithmaar Holding has announced plans to voluntarily delist from Boursa Kuwait, while maintaining its listing on the Bahrain Bourse and Dubai Financial Market...
Aozora reports net earnings of 11.8 billion yen
TOKYO: Aozora Bank Ltd., a leading Japanese commercial bank, announced its financial results for the first three months of FY 2019. In the first three...
ADES secures SAR 300 million long term loan facility in KSA
DUBAI, UAE: ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has...
Shell commences $25 billion share buyback programme
LONDON: Royal Dutch Shell has announced the commencement of trading in the next tranche of its share buyback programme previously announced on July 26, 2018....
LSEG acquires Refinitiv for $27bn to become largest global FMI provider
LONDON: London Stock Exchange Group plc (LSEG) has agreed definitive terms with a consortium including certain investment funds affiliated with Blackstone as well as Thomson...
Dubai Investments reports 17% increase in second quarter profits
DUBAI: Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market, reported profit of AED 151 million for the second quarter...