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…
AM Best upgrades outlooks for ECM Insurance Group companies
OLDWICK: Global insurance rating agency, AM Best has revised the outlooks for ECM Insurance Group members to stable reflecting the group’s balance sheet strength and adequate operating performance. AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term…
Munich Reinsurance moves into Top ranking of global reinsurers
OLDWICK: Munich Reinsurance Company moved into the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2020, marking a return to a position that it last held in 2017. The ranking appears in a new Best’s Market Segment Report, “Global Reinsurance Outlook Remains Stable in a More Uncertain World,” and is based…
StrongPoint becomes regional distributor of AutoStore
OSLO, NORWAY: StrongPoint ASA has signed a partnership agreement with Autostore to become a Nordic and Baltic regional distributor of Autostore’s innovative fulfilment solutions for retailers, a news release said. AutoStore’s cubic storage solutions use pioneering robotic and software technology to redefine how warehouses store goods and retrieve items for delivery, enabling retailers to scale…
Emirates appoints Mohammed Alnahari Alhashmi for Pakistan
DUBAI, UAE: Emirates has announced the appointment of Mohammad Alnahari Alhashmi as Vice President for Pakistan, effective 1st September. Alhashmi will be responsible for leading the airline’s operations and strengthening Emirates’ presence in the market. Mohammed Sarhan, who was previously Vice President of Emirates for Pakistan, will now take on a new role as Vice…