What is Cardano (ADA)? Cardano is a blockchain-focused network that operates its own mainnet. In addition, cryptography can do whatever the network seems to need without restrictions. Especially when developing a platform, Cardano is created by InputOutput Hong Kong (IOHK). In addition, BitShares developer and Ethereum co-founder Charles Hoskinson run the company. In addition, the…
Johnson & Johnson to spin out consumer products division
LONDON, UK: Johnson & Johnson will split into two public companies, a news release said. The pharmaceutical and medical devices divisions will be separated from the consumer products business known for Band-Aid and Tylenol, and baby shampoo. The larger pharmaceutical and medical device business will retain the Johnson & Johnson name. The divisions — which…
NEPRA notifies social investment guidelines for power sector
KARACHI, PAKISTAN: Power sector regulator has notified the code to encourage initiatives to protect the environment and to effectively mitigate adverse climate change, promote the well-being of local communities and human development in the electric power sector with the purpose to ensure that power brings prosperity. The authority has implemented NEPRA Social Investment Guidelines, 2021 that…
Höegh Autoliners intends to list on Euronext Growth Oslo
OSLO, NORWAY: Höegh Autoliners ASA announced intention to launch a private placement of new shares in the company and to list the company’s shares on Euronext Growth Oslo. Höegh Autoliners is one of the leading global providers of deep-sea RoRo transportation services, operating a fleet of around 40 Pure Car and Truck Carriers (PCTC) sailing…
Partners Group sells Pacific Bells for $18.6mn
LONDON, UK: Partners Group, the Investment Manager of Princess Private Equity Holding Limited, has agreed, to sell Pacific Bells, a leading franchisee of the Taco Bell brand in the US, to Orangewood Partners, a long-term focused private investment firm. The transaction values Princess’ stake in Pacific Bells at approximately USD 18.6 million. This compares to…
Kazatomprom signs term contracts with China
NUR-SULTAN, KAZAKHSTAN: JSC National Atomic Company (Kazatomprom) announced that the Company, represented by its Chief Commercial Officer, Askar Batyrbayev, participated virtually in the China International Import Expo 2021, held in Shanghai, China from 05-12 November 2021. During the Expo, Kazatomprom concluded two term contracts for the supply of Kazakhstani natural uranium concentrates: one with China…
Sam Perkins appointed new Group CEO of In The Style
LONDON, UK: In The Style, the fast-growing e-commerce womenswear fashion brand with an innovative influencer collaboration model, announced the appointment of Sam Perkins as Group CEO, with effect from 17 January. Having led the company for the last seven years, including through its successful IPO earlier this year, Adam Frisby, Founder and CEO of the…
Creo Medical Group acquires Aber Electronics Limited
LONDON, UK: Creo Medical Group announced the acquisition of Aber Electronics Limited, a UK based manufacturer and designer of power amplifiers and radio frequency products, for a fixed cash consideration, plus a contingent consideration over three years. Creo Medical is an existing customer of Aber Electronics, using its products within the CROMA Advanced Energy Platform….
Landsec agrees to sell Harbour Exchange for £196.5m
LONDON, UK: Landsec announced the sale of 6-9 Harbour Exchange, London E14 to Blackstone European Property Income Fund (BEPIF) for £196.5m, in a transaction that underlines strong investor demand for high quality income in central London. The sale price reflects a net initial yield of 3.99%. The disposal is in line with Landsec’s strategy set…
Zip Co acquires European BNPL platform Twisto for EUR 73.8mn
SYDNEY, AUSTRALIA: Zip Co Limited has completed the acquisition of a leading BNPL platform in Central Europe. Twisto Payments. Following shareholder approval at Zip’s AGM on Thursday, 4 November 2021, Zip has completed the acquisition of the remaining shares of Central European BNPL provider, Twisto. The acquisition provides Zip with a gateway to one of…
Intertrust N.V. and TMF Group B.V. evaluate merger
Intertrust N.V. and CVC Capital Partners are contemplating a strategic combination of Intertrust and TMF Group B.V., a leading multinational professional services business.
Australian Radio Network to acquire Grant Broadcasters for $307.5mn
SYDNEY, AUSTRALIA: Australian Radio Network Pty Ltd (ARN), a wholly owned subsidiary of HT&E Limited, has entered into an agreement to acquire Grant Broadcasters for consideration of $307.5 million on a cash and debt free basis. This includes the acquisition of the radio and digital operations owned by Grant Broadcasters Pty Ltd, including 43 legal…