HELSINKI, FINLAND: Olvi Plc confirms acquisition of Danish brewing company Bryggeriet Vestfyen. The acquisition will be completed according to the previously announced schedule. On May 12, 2021, Olvi plc announced a conditional acquisition agreement in a stock exchange release. The main condition for the completion of the acquisition was that Olvi Plc would be able…
Rutherford Health to acquire Proton Partners International Health Care Investments
LONDON, UK: Rutherford Health Plc has entered into agreement with The First Investor LLC (TFI) to acquire all the shares in Proton Partners International Health Care Investments LLC, UAE Company (PPI UAE) in consideration for the issue of 64 million new shares in the company. Under the Share Swap Deed TFI has agreed to procure…
Responsible Housing REIT plans £250 million IPO on LSE
LONDON, UK: Responsible Housing REIT announced its intention to launch an initial public offering (IPO) and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the Main Market of London Stock Exchange plc. The Company is seeking to raise up to £250…
Velocys collaboration with Toyo advances to commercial stage
LONDON, UK: Velocys plc (VLS.L), the sustainable fuels technology company, is pleased to announce that its collaboration partner, Toyo Engineering Corporation (TOYO) is starting the advanced engineering and design phase of a commercial scale biofuel refinery in Japan. TOYO’s engineering study will start to establish commercial-scale production of Sustainable Aviation Fuel (SAF) in Japan. During…
Physiomics hires Hayley Close as Head of Business Development
LONDON, UK: Physiomics plc, the consultancy using mathematical models to support the development of drug treatment regimens and personalised medicine solutions, announced that Hayley Close has today joined the Company as Head of Business Development. Hayley holds a degree in Biomedical Science from University College London and joins us from Fusion Antibodies plc where she…
New Genedrive system readied for Antibiotic Induced Hearing Loss launch
LONDON, UK: genedrive plc, the near patient molecular diagnostics company, provides an update on a new Genedrive® system platform which has been designed for the upcoming launch of the Genedrive® MT-RNR1 assay, used for the detection of Antibiotic Induced Hearing Loss (“AIHL”) in newborns. The Genedrive® MT-RNR1 assay targets the m.1555A>G mutation genotype. If a…
Belluscura supports rationale for wider oxygen use
LONDON, U.K: Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, welcomes the recent statement issued by the American College of Chest Physicians (CHEST) on the rationale for home use of oxygen coverage beyond cluser headacheds. In response to the US Centers for Medicare & Medicaid Services (CMS) proposed decision on the appropriate…
Alytic and Arctic Securities enter green energy partnership
ARENDAL, NORWAY: Alytic AS, a subsidiary of Arendals Fossekompani ASA has acquired a majority stake in Greenfact AS, a European company within green energy data and analysis. In a transaction recently signed, Alytic AS has secured 60 per cent of the shares in Greenfact AS. The remaining 40 per cent are owned by Arctic Securities…
Blackfinch Renewable evaluates £300mn IPO on London Stock Exchange
LONDON, UK: Blackfinch Renewable European Income Trust plc (BRET), a new closed-end investment trust established to invest in a diversified portfolio of mixed renewable energy infrastructure assets in Europe, announced its intention to launch an initial public offering (IPO) on London Stock Exchange to raise up to £300 million by way of a placing, offer…
Naspers’ PayU Payments to buy BillDesk for $4.7bn
LONDON, UK: PayU Payments Private Limited (PayU), a subsidiary of Prosus N.V, has entered into an agreement with the existing shareholders of IndiaIdeas.com Limited (BillDesk) to acquire 100% of the equity in BillDesk. The purchase consideration is INR 345bn (c. US$4.7 bn) on a cash-free, debt-free basis and subject to a normalised level of working…
Storebrand acquires Danish real estate manager Capital Investment
LYSAKER, NORWAY: Storebrand ASA has entered into an agreement to acquire Capital Investment, a Danish real estate asset manager and investment advisory headquartered in Copenhagen, a news release said. The acquisition of Capital Investment is in line with the strategy presented at Storebrand’s Capital Markets Day in 2018 and reiterated in 2020; to look for…
MRHB DeFi and Coinsbit India to launch Halal Crypto
MELBOURNE, AUSTRALIA: The world’s first halal DeFi ecosystem MRHB DeFi is collaborating with leading Indian cryptocurrency trading platform Coinsbit to bring crypto-asset opportunities to India’s huge population of 200 million Muslims, driving further participation in the blockchain economy. MRHB DeFi’s vision of an inclusive crypto-verse, follows Islamic ethical finance principles but is suitable for those…