LONDON, U.K: Spectral MD Holdings has been awarded a 2-year, US$1.1 million Sequential Phase II Small Business Technology Transfer (STTR) contract from the Defense Health Agency (DHA) within the US Department of Defense (DoD). This Contract will support Spectral MD in advancing a new, multispectral imaging (MSI) sensor intended to enable the development of a…
888 Holdings and Authentic Brands Group form online sports betting and iGaming partnership
LONDON, UK: 888 Holdings and Authentic Brands Group (ABG) announced an exclusive partnership to develop Sports Illustrated online sports betting and iGaming products in the United States, a news release said. Leveraging 888’s world-class proprietary and scalable technology, 888 expects to kick off the partnership with the launch of an all-new Sports Illustrated wagering experience…
PPHE unlocks £113.7 million of equity through a joint venture with Clal Insurance
LONDON, UK: PPHE Hotel Group has agreed terms to enter into a joint venture with Clal Insurance, one of Israel’s leading insurance and long-term savings companies, in respect of two of the Group’s prime London assets. PPHE will receive a cash consideration of £113.7 million as part of this transaction, enabling the Group to pursue…
Bango Plc announces new European Xbox deal
LONDON, UK: Bango Plc, the global platform for data-driven commerce, has expanded European availability of the latest Xbox Game Pass telco bundle into the Netherlands. As a result of this new coverage, Dutch gamers will now be offered Game Pass Unlimited subscriptions with broadband and other telco services. This launch is timed perfectly for the…
Aker Clean Hydrogen acquires 20% ownership in Meraker Hydrogen AS
OSLO, NORWAY: Aker Clean Hydrogen, through investing in a private placement, has acquired 20 percent ownership in Meraker Hydrogen AS, a news release said. The aim of the investment is to accelerate the development of green hydrogen production in Mid-Norway and decarbonize local transportation and industry. The company intends to build a plant producing up…
Octopus Digital selling its 20% shares for Rs793.15 million through IPO
KARACHI, PAKISTAN: Octopus Digital Limited will sell 20% shares at a floor price of Rs29/share translating into Rs793.15 million, a news release said. Pakistan Stock Exchange (PSX) has invited the public comments on the draft prospectus of Octopus Digital, a software development and IT solutions subsidiary of Avanceon Limited, which plans to sell 27.35 million…
BW Ideol and Hitachi ABB to develop scalable floating substations for offshore wind
OSLO, NORWAY: BW Ideol has signed a memorandum of understanding with Hitachi ABB Power Grids, the world’s leading supplier of grid integration and power quality solutions, for an industry-first collaboration on developing scalable floating substations to support development of profitable commercial-scale floating offshore wind farms with high-capacity wind turbines. Floating offshore wind is the next…
Skanska selling PCI Skanska to Salas O’Brien for $20 million
HELSINKI, FINLAND: Skanska has signed a binding Stock Purchase Agreement (SPA) for its 100 percent ownership of PCI Skanska Inc. (PCIS), a multi-discipline design subsidiary company, for gross sale proceeds of USD 20 million, about SEK 170M. The buyer is engineering and facility planning firm Salas O’Brien. The transaction will not have any material impact…
Vodafone’s European network 100% powered by renewable electricity
LONDON, UK: Vodafone confirmed that its entire European operations – including mobile and fixed networks, data centres, retail and offices – will be 100% powered by electricity from renewable sources from 1 July 2021, marking a key step towards Vodafone’s goal of reducing its own carbon emissions to ‘net zero’ by 2030 and across the…
Belluscura PLC signs first US distribution agreement
LONDON, U.K: Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, announces that, as anticipated, it has signed its first US distribution agreement for its X-PLO2R portable oxygen concentrator (POC) portfolio. This is the first stage in establishing US-wide distribution coverage as part of the Group’s commercialisation strategy. The distributor, located on the…
Literacy Capital to list its shares on London Stock Exchange
LONDON, UK: Literacy Capital plc announced its intention to seek admission of its ordinary shares of £0.001 to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Literacy Capital’s objectives are to achieve long term capital growth through making investments in accordance with the Investment Policy; and to provide…
Synthomer appoints Michael Willome as Group Chief Executive Officer
LONDON, UK: The Board of Synthomer plc announced the appointment of Michael Willome as Group Chief Executive Officer. Michael will succeed Calum MacLean, who announced in January 2021 that he wished to step down once a suitable successor had been identified. Michael, 54, will join the Synthomer Board as Chief Executive on 1 November 2021….