600 Group to dispose of Group’s Machine Tool Solutions Division for $21mn
LONDON, UK: The 600 Group PLC (AIM: SIXH), the diversified industrial engineering company, and certain other Group companies have entered into a conditional sale and...
Getlink and CAT Group launch cross-channel rail freight service for Toyota
PARIS, FRANCE: Getlink and CAT Group have launched a new cross-Channel rail freight service transporting Toyota vehicles, for a period of 6 years, between Toton...
Cloudflare to acquire Area 1 Security
AMSTERDAM: Cloudflare signed an agreement to acquire Area 1 Security, a cloud-native email security company, and leader in preventing phishing attacks in email, web, and...
ICI and Tariq Glass to setup 1,000 tons/day float glass plant
KARACHI: ICI Pakistan and Tariq Glass Industries have executed a joint venture agreement to set up a greenfield state-of-the-art float glass manufacturing facility having a production capacity...
BioPharma Credit to invest $325mn in Collegium Pharmaceuticals
LONDON, UK: BioPharma Credit (LSE: BPCR) t, through its fully owned subsidiary, together with BioPharma Credit Investments V (Master) LP, has provided Collegium Pharmaceutical Inc....
CentralNic to acquire Fireball Search GmbH and .ruhr Top-Level Domain
LONDON, UK: CentralNic Group has entered into agreements to acquire Fireball Search GmbH as well as the .ruhr Top-Level Domain (TLD) for a total aggregate...
Embron CEO Trond K. Johannessen will join Pexip Holdings in May 2022
OSLO, NORWAY: Board of Directors of Pexip Holding ASA announced the appointment of Trond K. Johannessen, currently the CEO of Embron Group, a global IT...
Entain plc has acquired Avid Gaming for CAD 300mn
LONDON, UK: Entain plc (LON: ENT) has acquired Deis Ltd (Avid Gaming) for CAD 300 million from Middlebrook Investments Limited, a bourse filing said on...
Avass Group to manufacture electric vehicles, lithium batteries in KSA
RIYADH, SAUDI ARABIA: Avass Group signed an agreement with Kingdom Saudi Arabia (KSA) to jointly manufacture electric vehicles and lithium batteries. Australia-based Avass Group have...
What is Strategic Partnership?
The term Strategic Partnership refers to a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall...
What is a Share Purchase Agreement?
A Share Purchase Agreement (SPA) is a legal contract between a seller and a buyer signed at the time of purchasing the shares of the company and...
What are Digital Payments?
Digital Payments are payments that are conducted over the internet and mobile channels, technology has made it possible for anyone with a smart device to carry...