LONDON, UK: Gore Street, London’s first listed energy storage fund, announced the acquisition of a 57MW construction-ready energy storage project, in Leicester, England. With this acquisition, the Company’s portfolio now consists of 577MW of operating or under construction projects in the UK and Ireland. As previously indicated and in-line with its existing mandate, the Company’s…
K3 sells Sage Business to Pinnacle Computing for £1.68 million
LONDON, UK: K3 Business Technology Group, which provides mission‐critical software and cloud solutions, announced the sale of the business and assets of its non-core Sage Business to Pinnacle Computing for £1.68 million. Completion is expected in early October 2021, following a TUPE consultation process in respect of the transfer to Pinnacle of Sage Business employees,…
Yooma Wellness acquires Big Swig
LONDON, UK: Yooma Wellness Inc. has entered into definitive agreements to complete the acquisition of Big Swig Inc., a US-based seller of sparkling water beverages. The acquisition will increase Yooma’s presence in retailers located throughout the southern United States and add the Big Swig and Hard Swig brands to Yooma’s expanding portfolio, with opportunities for…
Bertrand Bodson appointed CEO of Keywords Studios
LONDON, UK: Keywords Studios has appointed Bertrand Bodson to its Board as Chief Executive Officer (CEO).The appointment follows the announcement, in June, that Andrew Day had decided to bring forward his retirement plan. Bertrand’s appointment as CEO will be effective from 1 December 2021. Bertrand, 46, brings deep experience in driving and executing growth strategies…
Acquisition of six supermarkets for a combined price of £113 million
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…