SYDNEY, AUSTRALIA: Chairman of Codan Limited, David Simmons, announced that Alf Ianniello has been appointed Managing Director and Chief Executive Officer of Codan. Alf Ianniello will assume the role on 4 January 2022, replacing Donald McGurk, who will retire from this role at that time. Prior to this appointment, Alf Ianniello was Chief Executive Officer…
Otovo to acquire EDEA in an all share exchange deal
OSLO, NORWAY: Otovo AS has resolved to launch an offer to acquire all the shares in European Distributed Energy Assets Holding AS (EDEA). The offer will be a share-for-share exchange offer, where eligible shareholders in EDEA will be offered 1.7 shares in Otovo for each tendered share in EDEA. In the Offer, Otovo is valued…
MPC Energy enters Mexican market with acquisition of Los Santos Solar I
AMSTERDAM: MPC Energy Solutions (MPCES) has entered the Mexican renewable energies market with the acquisition of Los Santos Solar I. The solar photovoltaic (PV) project, located in Ahumada, Chihuahua, in the North of Mexico, is fully operational since 2017 and has an installed capacity of 15.8 MWp. The project is included in MPCES’s communicated advanced…
Believe names Denis Gorshkov as MD for Russia and CIS
PARIS, FRANCE: Believe, one of the leading digital music companies, has appointed highly experienced digital executive Denis Gorshkov as Managing Director for Russia and the Commonwealth of Independent States (CIS). It is also bolstering its local management teams in Russia and Eastern Europe as it lays the groundwork for the next phase of its growth…
Mode Global enters payments partnership with L.K.Bennett
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group, has entered a payments partnership with L.K.Bennett, a U.K based luxury fashion retailer, which will see the brand offering Mode as an additional payment option for customers. Through this partnership, Mode will leverage the power of Open Banking to bring an innovative payments and rewards experience…
Sirius acquires of Oberhausen Business Park for €39.8mn
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany, announces it has completed the acquisition of Oberhausen Business Park for €39.8 million (total acquisition cost). The acquisition has been made using the proceeds of the Company’s €400 million corporate bond…
Beximco launches world’s first oral antiviral drug for COVID-19 treatment
LONDON, UK: Beximco Pharmaceuticals Limited announced the launch of the world’s first generic molnupiravir, an oral antiviral drug for symptomatic COVID-19 recently developed by Merck, Sharp & Dohme (MSD) and Ridgeback Biotherapeutics. The announcement comes following Emergency Use Authorisation by the Directorate General of Drug Administration (DGDA), the regulatory authority in Bangladesh. Beximco Pharma’s branded…
St. Joseph’s Health and Renalytix partner to advance kidney health in New York
NEW YORK: St. Joseph’s Health and Renalytix plc (NASDAQ: RNLX) (LSE: RENX) today announced a partnership to implement an advanced clinical care model designed to improve kidney health in patients with type 2 diabetes and early-stage chronic kidney disease. The Renalytix KidneyIntelX platform will be integrated with St. Joseph’s Health care management to help prevent patients with diabetes…
Harworth Group sells Kellingley development site for £54 million
LONDON, UK: Harworth Group, a leading regenerator of land and property for sustainable development and investment, has conditionally exchanged contracts for the sale of its Kellingley development site in Selby, North Yorkshire, to HPREF I Konect Investments SARL, for a consideration of £54.0 million, payable in cash upon completion. The transaction will only complete if…
discoverIE Group sells Acal BFi for £50 million
LONDON, UK: discoverIE Group announced the sale of Acal BFi, the Group’s electronic component distribution business for £50 million, a bourse filing said on Tuesday. The company has agreed to sell Acal BFi to H2 Equity Partners, for a total cash consideration of £50m, on a debt free, cash free basis, comprising an upfront payment…
Ideagen acquires CompliSpace for up to AUD 110 million
LONDON, UK: Ideagen PLC announced the acquisition of Compliance Technology Holdings (CompliSpace) for an upfront consideration of AUD $105 million (c. £57.7 million) plus a deferred conditional earnout payment of up to AUD $5 million (c. £2.7 million). Founded in 2007, CompliSpace is a fast-growing provider of SaaS-enabled governance, risk and compliance (GRC) management solutions…
Inmarsat agrees on business merger with Viasat
LONDON, UK: The Apax IX Fund, in which AGA is a limited partner, has agreed to an offer from Viasat for the entire ordinary share capital of Inmarsat, a leading provider of global mobile satellite communications services. The Apax IX Fund alongside consortium members Warburg Pincus LLC, Canada Pension Plan Investment Board, and Ontario Teachers’…