MOSCOW: Etalon Group Plc has received a construction permit for the first stage of a large-scale integrated development project located in the southern part of the former ZIL factory in Moscow. This stage, which will include six buildings and parking, is expected to have total net sellable area (NSA) of 57.6 ths sqm, including 48.4…
Fitch upgrades Halyk Bank to ‘BBB-‘ from ‘BB+’; outlook stable
LONDON: Fitch Ratings has upgraded Halyk Bank’s Long-Term Issuer Default Ratings (IDR) to ‘BBB-‘ from ‘BB+’, the outlook is Stable. As a result, the Bank’s rating was upgraded from speculative to investment grade. For the first time in the history of the country, a private commercial bank in Kazakhstan received an investment grade rating from…
Starbreeze enters licensing agreement with PopReach for PAYDAY Crime War
STOCKHOLM: Starbreeze has signed a licensing agreement with PopReach Corporation for the re-launch of mobile title PAYDAY Crime War. Under the terms of the agreement, Starbreeze will receive a non-recoupable upfront payment of USD 250 thousand. PopReach will receive the complete source code to PAYDAY Crime War, and access to PAYDAY 2 content, and will…
Otovo launches operations in Italy
OSLO: Otovo AS has launched its operations in Italy, which becomes the company’s 6th European market, a news release said. The residential solar market in Italy is one of the most attractive in Europe and expected to be worth more than 1,200 million euros annually by 2025. Otovo expects the Italian unit to contribute more…
Aroundtown and CPI Property launches joint cash offer for Globalworth Real Estate Investments Limited
LONDON: Aroundtown SA (AT) together with CPI Property Group SA (CPIPG) announced their firm intention to launch a joint cash offer for Globalworth Real Estate Investments Limited. The Consortium, which holds over 50% of the issued share capital of Globalworth, is seeking to further increase its joint ownership through an offer to Globalworth shareholders to…
Kazera Global completes due diligence for Namibian Investment
LONDON: Kazera Global plc report that the Board have now been informed that the banking due diligence on the investment package totaling €9,130,000 announced in previous RNS’s has now been successfully completed. The Company is now awaiting final confirmation of the transfer of funds, at which point it will make a further announcement. In anticipation…
MelodyVR launches exclusive 5G partnership with NOS in Portugal
LONDON: Napster Group PLC, the leading creator of virtual reality entertainment content and operator of the MelodyVR and Napster platforms, has entered into an exclusive 12 month partnership in Portugal with NOS, one of the largest mobile operators in Portugal with more than 4.9 million mobile customers. The partnership, that launches today, will see MelodyVR…
Bauer Keller Joint Venture (BKJV) awarded EKFB contract
LONDON: BKJV, the 50:50 joint venture between Bauer Technologies Ltd and Keller UK (BKJV), has been awarded a contract by EKFB to deliver geotechnical work as part of the C23 package on High Speed 2 (HS2) in the UK. The contract award is worth £95 million and at peak production, the works will require over…
AdEPT acquires Datrix Limited for an initial cash consideration of £9.0 million
LONDON: AdEPT Technology Group completed the acquisition of the entire issued share capital of Datrix Limited for an initial cash consideration of £9.0m, which has been funded through the Group’s new bank facility, a news release said. Datrix is a well-established, award-winning supplier of advanced cloud-based networking, communications, and cyber security solutions, headquartered in London,…
Meltwater to acquire Klear for $17.8 million in a combination of cash and earn-out
OSLO: Meltwater B.V., a leading global SaaS provider of media intelligence and social analytics, has entered into an agreement to acquire Klear, an Israeli SaaS company and a market leader in the fast-growing influencer marketing space. For the full year 2020, Klear reached revenues of $7.6 million. Excluding earn-out, Meltwater has agreed to purchase Klear…
Green Tiger Markets partners with SSY Futures Ltd
SINGAPORE: Green Tiger Markets Pte Ltd. (GTM) announced its partnership with SSY Futures Ltd to act as the exclusive broker to its leading-edge, over-the-counter electricity marketplace for Philippines and Singapore electricity forwards. Green Tiger Markets is delighted to be working with SSY Futures Ltd, the leading brokerage for Asian electricity, to support Singapore and Philippine…
Voltalia wins 70MW of new wind projects in France
PARIS: Voltalia wins both projects it presented at the 7th call for tenders launched by the French Government, a news release said. A 100% success rate for Voltalia in France on call for tenders for wind projects after Argenteuil-sur-Armançon and Sarry. The first project called « Rives Charentaises » is located both in the Charente…