LOS ANGELES: ePlay Digital Inc. (CNSX: EPY) announced that its Fan Freak app in development, is building towards sports gaming legislation in Canada and various states in U.S. In particular, ePlay Digital is leveraging the recent passing of Bill C-218 by the House of Commons on April 22, 2021 which would end prohibition of betting…
Kanabo Group Plc (LON: KNB)
Kanabo Group Plc (LON: KNB) is an R&D company currently selling a range of THC-Free Retail CBD Products in the Primary Markets and is in the process of developing Medical Cannabis Products. The company’s core strategy is to increase revenues from the sale of its Retail CBD Products in the wellness sector and to grow…
Medaro Mining raising CAD3.0 million for acquisitions and marketing
VANCOUVER: Medaro Mining Corp. (CSE:MEDA) has signed a letter of intent (LOI) with Dr. James G. Blencoe, Ph.D., of Tennessee USA, for the formation of a joint venture to develop and commercialize a new, low-cost process for extracting lithium from spodumene concentrate. The LOI sets out the parties’ intention to enter into a definitive agreement…
ZeU Technologies acquires Money Line Sports Inc. for $1.5 million
MONTRÉAL: ZeU Technologies Inc. has entered into an arm’s length binding letter of intent to acquire all outstanding securities of Money Line Sports Inc., an Ontario Corporation and licensed platform and provider of streaming sports content allowing live wagers. Founded in 2019 and launching in 2021, Money Line Sports is uniquely positioned in the European…
Pictet and Immobel acquire office property in Paris-Opera district for redevelopment
BRUSSELS: Pictet Alternative Advisors and Immobel have acquired 4,500 sqm office property located in the Paris-Opera district, in an off-market transaction. The asset, located at 73 Rue de Richelieu in the 2nd arrondissement, currently sits fully vacant after the previous long-term tenant vacated its premises in 2020 offering a significant redevelopment opportunity in one of…
Aperam signs agreement to acquire ELG for an enterprise value of EUR 357 million
LUXEMBOURG: Aperam (AMS: APAM) has signed a Share Purchase Agreement with Franz Haniel & Cie. Gmbh to acquire ELG for an enterprise value of EUR 357 million. ELG is a global leader in collecting, trading, processing and recycling of stainless steel scrap and high performance alloys, delivering 1.3m tonnes of materials annually, employing 1,300 FTEs…
Mintra accelerates acquisitions and growth strategy
OSLO: Mintra (FRA: N0D) has signalled strong intent for further growth with the appointment of Valentinos Steliou to the newly created role of head of acquisitions. Mintra is a leading provider of digital learning and human capital management (HCM) software solutions to safety-critical industries worldwide. The appointment sees Mr Steliou, who is also managing director…
Kahoot acquires Clever Inc. for an enterprise value of $500 million
OSLO: Kahoot! announced the acquisition of Clever Inc., a widely-used digital learning platforms used by U.S. K-12 schools. Kahoot! Group (OTCMKTS: KHOTF) will acquire 100% of the shares in Clever Inc., for an enterprise value (EV) of USD 435 – 500 million on a cash and debt-free basis, including a performance-based element for 2021-2022. The…
Entra ASA to buy Fyrstikkalléen 1 property for NOK 2.3 billion
OSLO: Entra ASA is in exclusive negotiations to acquire the property Fyrstikkalléen 1 for approximately NOK 2.3 billion, a news releases said. Fyrstikkalléen 1 is a large, new-built office property completed in 2020, which is fully let to three public tenants with a 9.4 years WAULT. The asset totals 39,600 sqm and is located in…
Interloop Limited plans $300 million expansion to capture pent up demand
KARACHI: Interloop Limited (ILP) has plans to invest $300 million to expand its production capacity and install apparel factory to capture the pent up demand. “The management is targeting to double its revenues by FY26. We are modelling revenue growth of 46 percent over the next three years and earnings growth of 41 percent,” Muhammad…
OKEA signs 4-year rig frame agreement with COSL Drilling Europe
OSLO: OKEA ASA (FRA: 3SX) has awarded a four-year frame contract to COSL Drilling Europe AS for the use of COSL’s energy-efficient drilling units on the Norwegian Continental Shelf (NCS). As part of the agreement, COSL Drilling Europe (COSL) will be the exclusive provider of semi-submersible drilling rigs for OKEA’s NCS operations, with flexibility in…
Nobina AB acquires Telepass AB for SEK 150 million
STOCKHOLM: Nobina AB has entered an agreement to acquire 100 percent of Telepass AB, a market leader in service traffic in Skåne, Sweden. The purchase price comprises a fixed consideration of SEK 150 million and a potential earn-out consideration of up to SEK 45 million over the coming three years. Nobina, through its subsidiary Samtrans,…