LONDON, UK: Gulf Marine Services (GMS) announced the award of three new contracts, with a combined duration of 31 months. These include a 23-month contract for an E Class vessel in Qatar, commencing in early 2022, and two K Class vessel contracts totalling 8 months commencing in August 2021. Combined these contract awards brings secured…
South West Brands to list its shares on London Stock Exchange
LONDON, UK: South West Brands, the multi-brand cannabidiol consumer goods company, announced its intention to apply for admission of the Company’s ordinary shares to commence trading on the standard segment of the Official List and to trading on the Main Market for listed securities of the London Stock Exchange. Concurrently with Admission, the Company is…
Marlowe plc acquires CQC Compliance Ltd for £2 million
LONDON, UK: Marlowe plc has acquired CQC Compliance Ltd, a care quality compliance consultancy, with the total enterprise value payable expected to be approximately in the region of £2 million. CQC is based in Preston, Lancashire, and provides retained consulting services to care homes, surgeries and pharmacies to ensure compliance with health and social care…
Europris acquires Lekekassen for NOK 501 million
FREDRIKSTAD, NORWAY: Europris is acquiring 67 per cent of Lekekassen Holding AS – Norway’s largest player in online shopping for toys – for NOK 501 million, a news release said. Through this acquisition, the company will be entering a strategically important product category which is growing rapidly online, as well as further strengthening its expertise…
Telstra sells 49 percent of Telstra InfraCo Towers for $2.8 billion
SYDNEY, AUSTRALIA: Telstra Corporation announced a consortium comprising the Future Fund, Commonwealth Superannuation Corporation and Sunsuper will become a strategic partner in Telstra InfraCo Towers after agreeing to acquire a 49 per cent interest. The Towers business is the largest mobile tower infrastructure provider in Australia with approximately 8,200 towers. The transaction values Telstra InfraCo…
Rio Tinto declares force majeure at Richards Bay Minerals
SYDNEY, AUSTRALIA: Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa due to an escalation in the security situation at the operations. This has led to the decision to cease operations until the safety and security position improves. Rio Tinto chief executive Minerals, Sinead Kaufman, said: “The…
Apiam Animal Health acquires Scenic Rim Vets in a $16 million deal
BENDIGO, AUSTRALIA: Apiam Animal Health Limited has entered into a binding agreement to acquire the assets of Scenic Rim Veterinary Service and Boonah Veterinary Hospital for total consideration of $16 million, a news release said. Scenic Rim Vets operates a leading state-of-the-art equine clinic in Beaudesert (QLD), as well as a mixed animal clinic in…
Enprise acquires Very Impressive Software
AUCKLAND, NEW ZEALAND: Enprise Group, Enprise Solutions Ltd – part of the Enterprise Division – has signed an agreement to purchase the Intellectual Property of Very Impressive Software, a news release said. Very Impressive Software (VIS) provides software products to SME businesses, including add-on’s for both MYOB Exo and MYOB Advanced. Many Enprise and Kilimanjaro…
Prophecy DeFi becomes member of Blockchain Research Institute
TORONTO, ONTARIO: Prophecy DeFi announced that it has become a Member of the Blockchain Research Institute (BRI). As a Member of the BRI, Prophecy DeFi receives access to a research library of 100+ projects and joins a global community of blockchain innovators, experts, builders, and thought leaders. With a member community spanning 90+ of the…
Sanofi to invest €400 million annually in dedicated vaccines mRNA Center of Excellence
PARIS, FRANCE: Sanofi SA will invest approximately €400 million annually in a first-of-its kind vaccines mRNA Center of Excellence, a news release said. The Center will work to accelerate the development and delivery of next-generation vaccines by bringing together approximately 400 dedicated employees integrating end-to-end mRNA vaccine capabilities with dedicated R&D, digital, and chemistry, manufacturing…
Schlumberger and IBM launch hybrid cloud for energy sector
PARIS, FRANCE: Schlumberger and IBM announced today the industry’s first commercial hybrid cloud Enterprise Data Management Solution for the OSDU Data Platform. The hybrid cloud offering is designed to expand access to customers globally—including those in locations where data residency requirements and local regulations may affect the use of global public cloud—and is engineered to…
Revolution Beauty Group intends to list shares on AIM of London Stock Exchange
LONDON, UK: Revolution Beauty Group Limited announced its intention to seek admission of its shares to trading on AIM, a market of London Stock Exchange. Admission is expected to take place in July 2021. Zeus Capital is acting as Nominated Adviser, Bookrunner and Broker to the Company. Adam Minto, Founder and CEO of Revolution Beauty,…