KARACHI: Pakistan Telecommunication Company Limited (PTCL) and Ufone signed MoU to launch 2nd batch of Justuju Internship Program in collaboration with Network of Organizations Working with Persons with Disabilities Pakistan (NOWPDP). Justuju includes a structured professional development plan for PWDs, focusing on training and enabling them to be part of the country’s mainstream socio-economic system….
SFL Corporation to sell 7 handysize dry bulk vessels for $100 million
OSLO, NORWAY: SFL Corporation Ltd. announced that it has agreed to sell its seven handysize dry bulk vessels to an Asian based buyer for an aggregate price of approximately $100 million. Delivery of the dry bulk vessels is expected to take place before year end, and net cash proceeds are estimated to be more than…
Telecard Limited to sell 25% shares in Supernet
KARACHI: Telecard Limited will sell 25 per cent shares in its wholly owned subsidiary, Supernet through a mix of Initial Public Offering (IPO) and Offer for Sale of Shares (OFS) at the strike price to be determined through the book building process. Supernet (SNL), a subsidiary of Telecard Limited, has announced to offer 18.343 million shares to…
InfraStrata plc proposes name change to Harland & Wolff Group Holdings
LONDON, UK: InfraStrata plc has applied to Companies House to trade under the name Harland & Wolff Group Holdings plc. The Company has, over the past 18 months, proceeded through various phases which have included, the acquisition of assets, significant upgrades to all its facilities, the introduction of state-of-the-art technology and has simultaneously established a…
Hg invests in HHAeXchange
NEW YORK: HHAeXchange (HHAX) has secured a new investment from Hg, a leading global investor in software and services. Cressey & Company LP, a leading healthcare-focused private investment firm which first partnered with HHAX in 2018, will continue to be a significant investor in HHAX. Both investors will share joint governance of the business. Greg…
Oakley Capital to acquire a minority stake in Seedtag for $35mn
LONDON, UK: Oakley Capital Origin Fund is investing $35 million to acquire a minority stake in Seedtag, a leader in contextual advertising in EMEA and Latin America. Founded in Madrid in 2014, Seedtag helps brands and agencies to deliver digital advertising that is directly relevant to the content that readers are consuming. Oakley’s investment will…
House of Control acquires Sweden based Egreement AB
HØVIK, NORWAY: House of Control Group AS has entered into an agreement to acquire Egreement AB in Sweden, a news release said. The acquisition significantly strengthens House of Control’s SaaS-offering within contract workflow and digital signature. The acquisition complements House of Control’s existing solutions for – among others – contract management, authorization, procurement, and supplier…
Ocean Outdoor appointed media partner of Westfield Denmark
LONDON, UK: Unibail-Rodamco-Westfield (URW) has appointed Ocean Outdoor, a leading operator of premium digital out of home (DOOH) advertising in the UK, the Netherlands, the Nordics and Germany, strategic media partner for Westfield Fisketorvet, Copenhagen’s premium shopping, dining and leisure destination. The seven year contract was awarded to Ocean Outdoor following a competitive pitch. The…
Boku streamlines & secures online transactions in Germany
LONDON, UK: Boku Inc, a leading global provider of mobile payment and identity solutions, announced that Boku Identity has launched its Verify and Authenticate solutions in Germany, which streamlines and secures online transactions. Both solutions are integrated with O2, Telekom Deutschland, and Vodafone. Now, 120 million German mobile subscribers will have access to more seamless…
Sumo acquires Auroch Digital, a videogame developer and publisher
LONDON, UK: Sumo Group, provider of creative and development services to the video games and entertainment industries, announced the acquisition of Auroch Digital, a Bristol-based videogame developer and publisher with a focus on original IP creation. Initial consideration of £6.0m has been paid in cash from the Group’s existing resources. Deferred consideration may be payable…
Bunzl to acquire US based safety and medical supplies distributor, McCue
LONDON, UK: Bunzl plc, the specialist international distribution and services Group, has entered into agreements to acquire a US based safety business and a medical supplies distributor with operations in Australia and Singapore. McCue Corporation (McCue), based in Boston, Massachusetts, is a leading business in the distribution of safety and asset protection solutions, and provides…
Peel Hunt to list its shares on AIM, London Stock Exchange
LONDON, UK: Peel Hunt, a leading UK mid and small-cap specialist investment bank, announced its intention to seek admission of its ordinary shares to trading on AIM, a market of the London Stock Exchange. The Group is a leading provider of investment banking services to mid and small-cap companies in the UK, with a consistent…