PARIS, FRANCE: Tikehau Capital has been appointed by the Belgian federal authorities to manage the Belgian Recovery Fund, which will allocate up to €350 million to finance Belgian companies negatively impacted by the Covid-19 pandemic. This mandate confirms Tikehau Capital’s active role to finance Europe’s economic recovery. Following a broad international consultation, the Federal Holding…
Polyus extends energy agreement with RusHydro
LONDON, UK: PJSC Polyus announced extension of an agreement for the supply of electricity generated by PJSC RusHydro, a major Russian hydroelectricity supplier. Under the terms of the agreement, approximately 1.5 billion kWh of energy will be supplied to the Company’s assets in 2022. As a result, 100% of the energy demand of Polyus’ assets…
Serica Energy announces first production from Rhum R3 Well
LONDON, UK: Serica Energy announced the commencement of production from the Rhum R3 well. Serica has a 50% working interest in the Rhum field. Serica Energy is a British independent upstream oil and gas company with operations centred on the UK North Sea and over 80% gas production. First production from the well was achieved…
NOVATEK and JBIC sign strategic cooperation agreement
VLADIVOSTOK, RUSSIA: As part of Eastern Economic Forum, PAO NOVATEK and the Japan Bank for International Cooperation (JBIC) signed a Strategic Cooperation Agreement on low-carbon projects. The Parties intend to cooperate on projects to produce hydrogen and ammonia, carbon capture, utilization, and storage technologies, as well as renewable energy projects in Russia, including ammonia and…
Oxford Technology sells stake in Ixaris
LONDON: The Board notes that on June 7 2021, Nium, a leading global B2B payments platform, announced that it had signed a definitive agreement to acquire Ixaris Group Holdings (“Ixaris”). All necessary regulatory approvals have now been received, and as a result, the transaction has now been able to complete. Oxford Technology 3 VCT Plc…
Mail.ru Group issues public irrevocable RUB bond offer
MOSCOW, RUSSIA: Mail.ru Group Limited has issued a public irrevocable offer with respect to the issue of uncertificated interest-bearing non-convertible exchange-traded bonds held in collective safe custody, series 001Р-01, issue registration number 4B02-01-00566-R-001P dated August 30, 2021, which is going to be placed by Mail.ru Finance Limited under the exchange-traded bond program to which PJSC Moscow Exchange assigned registration…
Streams’ Mexico LiveScore service exceeds subscriber target by 250%
LONDON, UK: Mobile Streams plc, the AIM quoted mobile content and data intelligence company, announced that its LiveScore service in Mexico, which was launched at the end of July, has exceeded its August subscriber target by 250% with over 3,500 subscribers now signed up. “Based on this number of subscribers, we estimate that this service…
Apax Digital Fund agrees to acquire Wizeline for €10.3 million
LONDON, UK: The Apax Digital Fund (ADF) has announced that Caisse de dépôt et placement du Québec (CDPQ) has agreed to acquire a controlling stake in Wizeline, a global technology services provider that builds high-quality digital products and platforms, subject to customary closing conditions. ADF will retain a minority shareholding in Wizeline following the transaction….
Sensyne joins GOSH for clinical AI research in childhood diseases
OXFORD, U.K: Sensyne Health plc has signed a five year non-exclusive Strategic Research Agreement (SRA) with Great Ormond Street Hospital for Children NHS Foundation Trust (GOSH) to analyse anonymised patient data using clinical artificial intelligence (Clinical AI) technology. The purpose of the SRA is to enable the ethical application of Clinical AI research to improve…
XLMedia buys Saturday Football Inc. for $24 million
LONDON, UK: XLMedia Plc announced the acquisition of the business and assets of Saturday Football Inc., a major online publisher of college football news for a total consideration of $23 million cash (c.£16.8 million) plus US$1.0 million (c.£0.7 million) in long term incentive shares. Founded in 2014, Saturday Football Inc. operates two leading college football…
Freeman Gold likely up for sale as Matysek appointed Executive Chairman
VANCOUVER, BC: It seems the Freeman Gold Corp. is up for sale as Mr. Paul Matysek has been appointed as the company’s Executive Chairman, a news release said. Mr. Matysek’s unique qualifications, experience and unprecedented string of successful transactions in the mining sector will create value for the company as it advances its Lemhi Gold…
AM Best assigns A- ratings to ASMI Auto Group members
OLDWICK: Insurance sector rating company, AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to ASMI Auto Insurance Company, ECMI Auto Insurance Company and ESMI Auto Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. The above mentioned companies are collectively…