LONDON, UK: Venture Life Group has acquired BBI Healthcare Limited, a global market leading Women’s Health and Energy Management/Diabetes company, for a total consideration of up to £36.0 million, a news release said. The acquisition of BBIH, which is expected to be immediately earnings enhancing, is from BBI Diagnostics Group Limited, a company ultimately majority…
ldox plc acquires Aligned Assets Holdco Limited for upto £10.5 million
LONDON, UK: ldox plc has acquired Aligned Assets Holdco Limited, a UK based public sector software business, a news release said. Initial cash consideration is £7.5m, increasing to a total maximum of £10.5m, comprising earn-out amounts of up to £1.5m payable in cash and £1.5m payable in equity over two years. The size of earn-out…
PGS ASA deploys two vessels to expand coverage offshore Canada
OSLO, NORWAY: PGS seismic vessel Ramform Titan has begun acquisition of the Cape Anguille program, in partnership with TGS. This program expands the PGS-TGS joint venture with another 10,000 square kilometers of GeoStreamer 3D coverage in Newfoundland’s prospective Orphan Basin. The survey covers existing lease blocks and open acreage. Acquisition is expected to complete mid-September…
CI Resources Limited to acquire 50% stake in Swiss-based Kemoil SA for A$7.9 million
SYDNEY, AUSTRALIA: CI Resources Limited (CIRL) subsidiary PRL Global has entered into a Share Purchase Agreement (SPA) with Singapore-based Mekatrade Asia to acquire a 50% stake in Swiss-based Kemoil SA for a commitment totalling approximately AU$7.9 million. Based in Geneva, Switzerland, Kemoil operates a supply chain logistics business, enabling the efficient flow of commodities –…
JCurve Solutions acquires Philippines based Creative Quest
SYDNEY, AUSTRALIA: JCurve Solutions Limited (ASX: JCS) has completed the acquisition of the business assets of Creative Quest Events and Marketing Services, a Philippines registered company. Established in 2013, Creative Quest is a full-service digital marketing agency providing a broad range of marketing services specializing in the acceleration of online and offline marketing efforts from…
Bahrain Bourse joins BAB’s campaign against fraud targeting financial services
MANAMA, BAHRAIBN: Bahrain Bourse has joined the national campaign against fraud launched by Bahrain Association of Banks (BAB). During the campaign, awareness messages under the hashtag (#Be_Alert) will be communicated through diverse digital channels directed at all segments of financial services users in the Kingdom of Bahrain to help combat fraudulent activities and curb its…
Walmart and the Elton John AIDS Foundation to change course of HIV in the United States
BENTONVILLE: Walmart and the Elton John AIDS Foundation are joining forces to change the course of HIV in the United States with the launch of “Breakthrough.” This new initiative aims to accelerate the end of AIDS in America by increasing access, education and awareness to safe, convenient HIV testing and services in the southern United States….
K-Electric announces launch of K-solar, a renewable energy company
KARACHI, PAKISTAN: K-Electric Limited (KE) has announced the launch of K-Solar, a renewable energy company that will enable the shift towards a greener and cleaner energy future. K-Solar is the solar power solutions subsidiary of K-Electric, a privately owned and vertically integrated power utility that has been the sole power supplier to Karachi and its…
Nornickel has resumed ore mining at Taimyrsky mine
MOSCOW: MMC Norilsk Nickel (Nornickel), the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announced that on June 1 the company began to gradually restart ore mining at the Taimyrsky underground mine and plans to advance mine’s operations to full capacity in the near future. Currently, the…
Magnit launches credit broker service
KRASNODAR, RUSSIA: Magnit PJSC, one of Russia’s leading retailers, has launched the Credit Broker online service that allows any user of the chain’s mobile app to apply for a credit card and receive a quick response from partner banks connected to the service. The Credit Broker is available to all Magnit mobile app users. To…
Hege Brende appointed CEO of Rainpower
OSLO, NORWAY: Hege Brende has been appointed Chief Executive Officer (CEO) of hydropower technology company Rainpower, 100 percent owned by Aker Horizons, taking over from 1 August, 2021, a news release said. Brende joins Rainpower from the position as director of the Norwegian Geological Survey (NGU), and prior to this director at HydroCen NTNU and…
Jubilee Metals announces more acquisition of PGM material in South Africa
LONDON, UK: Jubilee Metals, a leader in metals processing with operations in Africa, announced a further substantial acquisition of the rights to 944 000 tonnes of PGM containing tailings in the Eastern Limb of the PGM-rich Bushveld Complex. This comes in quick succession to the PGM Supply Agreements entered in to and the acquisition of…