LONDON, UK: Supermarket Income REIT announced the acquisition of six supermarkets for a total purchase price of £113.1 million, reflecting a combined net initial yield of 4.6%. Acquired from different vendors, the purchases consist of a Tesco in Prescot, two Morrisons in Durham and Cumbria, an Aldi in Oldham and an Aldi and M&S Foodhall…
Dubber Corporation buys Notiv for A$6.6 million
MELBOURNE, AUSTRALIA: Dubber Corporation Limited has acquired Notiv, a developer of innovative cloud-native AI-based products that turn meetings into transcribed notes, summaries, signals, actions, and more. “Dubber has acquired Notiv through the purchase of all of the issued share capital of holding company Pinch Labs, a US corporation that wholly owns and operates the Brisbane-based…
iCandy acquires ASX-listed game developer Mighty Kingdom
SYDNEY, AUSTRALIA: iCandy Interactive Limited has acquired 11.78 million shares translating into 7.78% of ASX-listed game developer Mighty Kingdom Ltd. The acquisition is completed at A$0.135 per Mighty Kingdom ordinary share, costing a total of A$1.59 million and is funded by existing cash reserves of iCandy. Potential Cooperation Between The Companies Mighty Kingdom is one…
NZ Oil & Gas gets all approvals for producing assets in Australia
AUCKLAND, NEW ZEALAND: New Zealand Oil & Gas Group has agreed to purchase interests in three producing assets in Australia from Central Petroleum and today the remaining third party approvals have been received. All conditions precedent to the transaction have now been satisfied and the parties will move to complete the transaction on 1 October…
Equifax affirms credit ratings of General Finance
AUCKLAND, NEW ZEALAND: General Finance Limited, licensed Non-bank Deposit Taker and wholly owned subsidiary of General Capital Limited, has had its credit rating reaffirmed by Equifax. The Board of General Capital announce that Equifax Australasia Credit Ratings Pty Ltd has affirmed General Finance Limited’s credit rating of BB- with a stable outlook based on their…
Hypefactors announces next gen. AI media monitoring
COPENHAGEN, DENMARK: Hypefactors AS, that delivers a unified solution for media monitoring, intelligence and reputation tracking, will launch its next generation Reputation AI (artificial intelligence) on September 20, 2021. Through algorithmic advances in machine learning, as well as drastically increased data curated by a team of in-house recruited linguists with diverse language and cultural backgrounds, Hypefactors…
Gulf Coast Growth Ventures commissions start-up of petrochemical JV
RIYADH, KSA: Saudi Basic Industries Corporation (SABIC) has commenced commissioning activities and preparations for initial start-up of the joint venture project with Exxon Mobil in the U.S. Gulf Coast. nMobil and SABIC, called Gulf Coast Growth Ventures. The project includes the establishment of an ethylene production unit with annual capacity of about 1.8 million tons, which…
Eng. Saleh Al-Sharafi appointed CEO of Waseef Company
DOHA, QATAR: Barwa Real Estate Group announced the appointment of Eng. Saleh Abdullah Al-Sharafi as CEO of Al-Wasef Asset Management Company “Wasif”, which is wholly owned by Barwa Real Estate Group. The Group’s Board of Directors welcomes Al-Sharafi to his new position, and expresses the great confidence that Barwa Real Estate attaches to him, and…
5 Reasons You Should Get a Coat for Your Dog?
As much as dogs have natural fur coats to keep them warm during winter and regular cold nights, sometimes they are inadequate. Some dogs have naturally thin and short; hence the dog becomes susceptible to illnesses caused by icy weather conditions. In such cases, dog owners are compelled to act quickly to ensure their furry…
Ooredoo & CK Hutchison agree $6bn merger of Indonesian businesses
DOHA, QATAR: Ooredoo Group and CK Hutchison Holdings have signed definitive transaction agreements for the proposed merger of their respective telecommunications businesses in Indonesia, PT Indosat Tbk (Indosat Ooredoo) and PT Hutchison 3 Indonesia (H3I). Ooredoo is an international communications company operating across the Middle East, North Africa and Southeast Asia. The merged company will be named PT Indosat Ooredoo Hutchison…
Iceland Seafood agrees to buy 85% shares in Ahumados Dominguez
REYKJAVÍK: Iceland Seafood announced that an agreement has been finalised with the Mestanza family to acquire an 85% stake in the company Ahumados Dominguez in Spain. Pedro Mestanza; the company’s Managing Director, who will continue to lead the company after the acquisition, will hold a 15% minority stake and has an option to buy additional…
Dometic Group to acquire Igloo for up to $900 million
STOCKHOLM, SWEDEN: Dometic Group has entered into an agreement to acquire Igloo – one of the world’s leading companies in passive cooling boxes and drinkware, a news release said. The acquisition of Igloo is a major step in Dometic’s strategy to continue grow in the attractive outdoor industry and creates a strong base for further…