SYDNEY, AUSTRALIA: The Board of Swift Media Limited announced that Brian Mangano has been appointed as Chief Executive Officer and Managing Director, replacing Pippa Leary who will step down as CEO and transition to a Non-Executive Director of Swift. Mr Mangano is currently Executive Director and Chief Financial Officer of Swift. Chairman Darren Smorgon said…
NextEnergy’s ESG Fund to acquire 42.3MW solar portfolio in Poland
LONDON, UK: NextPower III ESG (NPIII ESG), the international solar fund of NextEnergy Capital (NEC) has signed an agreement to acquire a 42.3MW solar PV project portfolio in Poland. This marks NPIII ESG’s first acquisition in Poland. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV…
Avast steps up to protect digital freedom for all
Avast, a global leader in digital security and privacy, today unveiled its new brand identity and expanded purpose to protect digital freedom for all online citizens. Avast is committed to furthering digital rights, especially in the critical area of privacy, with a new digital freedom strategy that includes policymaker engagement, philanthropy, and innovation. The new…
Citi Pharma plans $3.0 million subsidiary in Central Asia
KARACHI, PAKISTAN: Citi Pharma Limited will establish a wholly owned subsidiary in Uzbekistan with a total estimated cost of $3.0 million, a news release said. Pakistan is catalyzing the stability in Afghanistan to grow trade and investment relations and promote business to business contacts with the business and trading communities of Central Asia. The proposed…
Elliptic Labs features AI virtual smart sensor on Xiaomi Mi 11T
OSLO, NORWAY: Elliptic Labs, a global AI software company and the world leader in AI Virtual Smart Sensors, will feature its AI Virtual Proximity Sensor INNER BEAUTY on the new Xiaomi Mi 11T smartphone. Xiaomi is the second-largest smartphone manufacturer in the world, and the Xiaomi Mi 11T, powered by MediaTek’s Dimensity 1200 chipset, is…
ECIT acquires 70% ownership in WLCOM
OSLO, NORWAY: ECIT AS has acquired 70% of WLCOM, a software and consulting company with more than 25 years of experience, which will strengthen the IT division in ECIT. Conzigma AS will hold 30% stakes in WLCOM. The acquisition is settled partly with cash and partly by issuing new shares in ECIT AS. “The experienced…
SEGRO prices €500 million inaugural Green Euro Bond
PARIS, FRANCE: SEGRO Plc announced the launch and pricing of a ten year, €500 million senior unsecured Green bond issue. The bonds, which were eight times oversubscribed, were priced at 55 basis points above euro mid-swaps and have an annual coupon of 0.5 per cent. This is SEGRO’s first bond in the euro market and…
AFC Energy and Urban-Air Port partnership
LONDON, UK: AFC Energy, a leading provider of hydrogen power generation technologies, signed a Hydrogen Fuel Cell Supply and Collaboration Agreement with partner, Urban-Air Port Limited. Highlights Urban-Air Port is a leading UK designer, developer and operator of innovative ground infrastructure for the growing demand in autonomous airborne drones and electric take-off and landing…
Half of online Blockchain’s PlusOneCoin now in circulation
LONDON, UK: PlusOneCoin, an Online Blockchain cryptocurrency project developed in conjunction with global stocks, shares and crypto information website ADVFN, has issued 50% of its maximum supply. There are now over 10 million of the minable coins (PLUS1USD) in circulation. PLUS1, which is listed on CoinMarketCap and CoinGecko, enables holders to reward posts they find valuable on the ADVFN and InvestorsHub platforms…
JTC acquires fund services provider, Segue Partners
LONDON, UK: JTC Plc, the global professional services business, has acquired Segue Partners, an innovative fund services provider head-quartered in St. Louis, Missouri, USA. The initial consideration will be settled in cash and JTC equity. A further consideration is available on the achievement of performance targets in 2022 and 2023. Background to Segue Partners Michelle…
Initial public offering of Thoughtworks
LONDON, UK: The Apax IX Fund, in which AGA is a limited partner, is an indirect shareholder in Thoughtworks, a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. Following Thoughtworks’ announcement on the 14 September 2021 of the pricing of its initial public offering of common stock (IPO), shares of…
DP WORLD to invest £300mn London Gateway logistics hub
DUBAI, UAE: DP WORLD will begin work next month on a new fourth berth at its London Gateway logistics hub to increase supply chain resilience and create more capacity for the world’s largest vessels, a news release said. The £300 million sum – which builds on the £2bn investment DP World has made in Britain…