MANAMA: GFH Financial Group has partnered with Wafra International Investment Company, a Kuwaiti based asset management company with US$8.5 billion in AUM, to acquire a portfolio of US-based blue chip logistics assets leased to FedEx and General Mills. The portfolio is comprised of eight income-yielding mission critical logistics assets that are being built to suit…
SBP to launch Asaan Mobile Account
KARACHI, PAKISTAN: The State Bank of Pakistan (SBP) will be launching a new initiative, Asaan Mobile Account (AMA) on Monday, December 13, 2021, a news release said. The initiative has been developed under the National Financial Inclusion Strategy with objective to bring further ease in remote account opening under branchless banking. “This means that the…
Useful Tips That Will Help You Effectively Boost Your Sales
Boosting sales is not an easy task. It’s important to know what you’re doing and where you should focus your efforts. There are many things that can be done in order to effectively boost your sales, but you should always consider embracing the following tips. Take Advantage Of Technology Good tech is essential for every…
How to Make a Sofa Bed More Comfortable?
Believe it or not, a sofa bed is one of the greatest additions to the decor industry. It is one piece of furniture we absolutely love, and perhaps this is why you find it in almost every house in the UK. It can be converted into a bed when needed, and into a sofa when…
UpCounsel CEO KJ Erickson raises $3.9mn from retail investors
SAN FRANCISCO: UpCounsel CEO KJ Erickson, a 4-time founder and Y Combinator, Stanford and Oxford Alumna, became the first female CEO to raise over $3.9 milion in a Regulation Crowdfunding campaign on Wefunder, the most popular retail investor platform in the United States. UpCounsel is the leading online marketplace connecting businesses with experienced independent attorneys….
6 Important Things That Every Healthcare Business Owner Must Know About
Starting up a business has never been easy; instead, it is tough and challenging. So, suppose you are starting or already have a healthcare business; it might even be harder, as the rules in this line of work are more intense. In that case, you know it is not child’s play, and you must be…
Horisont and Helen enter hydrogen economy & carbon storage cooperation
SANDNES, NORWAY: Horisont Energi AS and the Finnish energy company Helen Ltd have signed a memorandum of understanding for cooperation in the areas of hydrogen economy & carbon storage. The companies are jointly exploring the capture of carbon dioxide from power plant flue gases and the utilization, logistics and storage of the recovered carbon dioxide. “Carbon dioxide is a…
Pirum Systems secures new investor to accelerate its global growth strategy
LONDON, UNITED KINGDOM: Pirum Systems, a leading provider of post-trade automation and collateral management technology for the global securities finance industry, announced that Hg, a leading software and services investor, will become a significant shareholder in the company. Hg will share joint control with Pirum’s current backers Bowmark Capital, the technology and services investor, which invested…
Saint-Gobain divests its glass processing business in Denmark
LONDON, UK: Saint-Gobain has sold its regional glass transformation business Glassolutions in Denmark to the German glass manufacturer Semcoglas Holding GmbH. Glassolutions in Denmark employs approximately 160 people across 4 distribution sites and 2 production sites, with sales of around €30 million in 2020. This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to…
SS&C Technologies signs agreement to acquire Hubwise Holdings
WINDSOR: SS&C Technologies Holdings Inc. (Nasdaq: SSNC) has entered into a definitive agreement to acquire Hubwise Holdings Limited. Hubwise is a regulated U.K. B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. Under the terms of the Agreement, approved by the shareholders of Hubwise, SS&C will purchase Hubwise in an all-cash…
Hilton Food agrees to acquire Foppen for €90 million
LONDON, UK: Hilton Food Group has agreed to acquire a leading international smoked salmon producer, Dutch Seafood Company B.V., which trades as “Foppen”. The enterprise value of €90.0 million includes adjustments for net debt and net working capital. Foppen’s FY 2021 ended 31 March 2021 actual revenue of €139.7 million, adjusted underlying EBITDA of €10…
Apollo Tourism & Leisure to merge into Tourism Holdings Limited
MELBOURNE, AUSTRALIA: Apollo Tourism & Leisure (ASX:ATL) and Tourism Holdings Limited (NZX:THL) have entered into a conditional Scheme Implementation Deed for the purpose of merging the two entities. The merger is proposed to be implemented by way of an Australian Scheme of Arrangement conducted by Apollo whereby Tourism Holdings Limited (thl) acquires all outstanding shares…