OLDWICK: Global insurance rating agency, AM Best has revised the outlooks for ECM Insurance Group members to stable reflecting the group’s balance sheet strength and adequate operating performance. AM Best has revised the outlooks to stable from negative and affirmed…
OSLO, NORWAY: StrongPoint ASA has signed a partnership agreement with Autostore to become a Nordic and Baltic regional distributor of Autostore’s innovative fulfilment solutions for retailers, a news release said. AutoStore’s cubic storage solutions use pioneering robotic and software technology…
DUBAI, UAE: Emirates has announced the appointment of Mohammad Alnahari Alhashmi as Vice President for Pakistan, effective 1st September. Alhashmi will be responsible for leading the airline’s operations and strengthening Emirates’ presence in the market. Mohammed Sarhan, who was previously…
STOCKHOLM, SWEDEN: Knowit AB is acquiring the subsidiaries of Capacent that conduct operations in management consulting, a nes release said. The enterprise value totals SEK 155 million. A potential additional consideration of at most SEK 30 million can be paid…
LONDON, UK: The Board of LXi REIT announced the off-market sale and leaseback acquisition of a portfolio of 23 nursery schools in England for a total cost of £34 million, reflecting an accretive 5.5% net initial yield (versus a current…
LONDON, UK: Plant Health Care, a leading provider of novel patent-protected biological products to global agriculture markets, announced the registration approval of Harpin ab for use as a seed treatment of corn and soybeans in Argentina. The regulatory process in…
LONDON, UK: On 31 August 2021, the Apax X Fund, in which AGA is a limited partner, announced that it had signed a definitive agreement to acquire a majority ownership stake in SavATree, a leading, professional tree, shrub and lawn…
LONDON, UK: Kainos Group plc (KNOS) has acquired UNE Consulting SRL and UNE Consulting LLC to expand its Americas Workday operations, a news release said. The terms of the acquisition have not been disclosed. Kainos is a leading digital technology…
DOHA, QATAR: Baladna, a Qatari agricultural company that raises livestock and produces dairy products, announced the commencement of Piet Hilarides as Chief Executive Officer, succeeding Malcolm Jordan, who has led Baladna through a transformative period of accelerated growth following the…
KARACHI, PAKISTAN: Visa announced the appointment of Leila Serhan as Group Country Manager and Senior Vice President to lead its presence across the North Africa, Levant and Pakistan (NALP) region. Ms. Leila Serhan brings more than two decades experience of…
LONDON, UK: Primary Health Properties, one of the UK’s leading investors in modern primary healthcare facilities, has acquired the Townside Primary Care Centre and adjacent office building in Bury, Lancashire for a total consideration of £40 million. The Townside Primary…
FRANKFURT, GERMANY: AI/ML Innovations Inc., a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, is now listed for trading on the Frankfurt Stock Exchange. AI/ML Innovations Inc. is now listed on the Frankfurt…