LONDON: Crossword Cybersecurity Plc (LON: CCS) announced its intention to establish a subsidiary in the Sultanate of Oman as its Middle Eastern Regional HQ. A memorandum of understand has been signed with Al-Rawahy Holdings LLC of the Sultanate of Oman, which will see the formation of a licensed subsidiary called Crossword Cybersecurity LLC, majority owned…
Bunzl Plc to acquire New Zealand based Obex Medical Holdings
LONDON: Bunzl plc (LON: BNZL), the specialist international distribution and services Group, has entered into an agreement to acquire Obex Medical Holdings, a medical distribution business serving hospitals and other healthcare providers in New Zealand, with revenue in 2020 of £ 27 million. Obex Medical Holdings supplies a broad range of healthcare equipment and devices,…
Skanska to build $81 million Center for Adaptive Innovation and Creativity in Radford
HELSINKI: Skanska AB has signed a contract with Radford University to build the Center for Adaptive Innovation and Creativity (CAIC) in Radford, Virginia, USA. The total contract value is USD 81M, about SEK 680M, which will be included in the US order bookings for the second quarter of 2021. The 16,500-square-meter CAIC represents the largest…
Voltalia to sell 187 megawatt wind projects to Brazilian utility Copel
PARIS: Voltalia SA announced the signing of a share purchase agreement for the sale of 100% of its 128 megawatt VSM2 and 59 megawatt VSM4 wind farms to the Brazilian utility Copel. The actual sale is scheduled for November 30, 2021, once the conditions precedent have been met. Over the past years, Voltalia has pursued…
Norsk Titanium lists on Euronext Growth after $38 million capital raise
OSLO: Norsk Titanium AS today has its first day of trading on Euronext Growth in Oslo, Norway, a multilateral trading facility operated by the Oslo Stock Exchange, under the ticker code NTI. The listing follows a successful share capital increase through a private placement that raised approximately USD 38 million. Leading shareholders represented on the…
Matador Commences Trading on US Based OTCQX Market
SYDNEY: Matador Mining Limited announced its secondary listing onto the OTCQX (OTC) market in the United States has been completed and the Company commenced trading on Friday, 14 May 2021. The Company’s ticker symbol on the OTC is MZZMF. Trading of Matador shares on the OTC is aimed at enhancing the visibility and accessibility of…
Aon Plc to sell retirement and investment business in Germany to Lane Clark & Peacock LLP
DUBLIN: Aon plc (NYSE: AON) has signed a definitive agreement to sell its pensions consulting, pension insurance broking, pensions administration and investment consulting business in Germany to Lane Clark & Peacock LLP (LCP), a news release said. The retirement and investment business LCP will acquire includes 350 colleagues across five offices in Germany and will…
MGC Pharma submits patent application for CimetrA to European IP Office
LONDON: MGC Pharmaceuticals Ltd (ASX: MXC) announced the successful submission of a patent application for CimetrA to the Slovenian Intellectual Property Office (SIPO), assigned to MGC Pharma. MGC Pharma submitted its patent application which was accepted by SIPO on 5 May 2021 which is the priority date for the patent, giving the Company priority to…
LeoVegas announces launch in the USA
STOCKHOLM: LeoVegas has entered into an agreement to launch the LeoVegas brand in New Jersey, USA, a news release said. The State of New Jersey will mark the company’s first establishment in the USA. LeoVegas will launch with its proprietary technical platform to ensure a world-class gaming experience. The company expects to be able to…
UK Water sector to invest £2.8 billion into the green recovery
LONDON: The water sector is set to invest £2.8 billion in environmental projects to help the country build back greener. Ofwat, in collaboration with Defra, the Environment Agency, the Drinking Water Inspectorate, and CCW, wrote to water companies last year and challenged them to identify ways to support the country’s green economic recovery from COVID-19….
Arkema acquires Edge Adhesives Texas
PARIS: Bostik expands its offerings in high performance adhesives in the United States with the planned acquisition of Edge Adhesives Texas, a complementary asset in hot-melt adhesives and pressure sensitive adhesive tapes for residential construction, a news release said. This project is in line with Arkema’s (Paris:AKE) strategy of bolt-on acquisitions to develop greater breadth…
Tufton Oceanic Assets Limited sells two Handysize Bulk Carriers for $20.5 million
LONDON: The Board of Tufton Oceanic Assets Limited (LON: SHIP) has agreed to divest two Handysize Bulk Carriers for $20.5 million, a news release said. The realised IRR materially exceeds the targets expressed in the Company’s prospectus dated 25 September 2018. This will be the Company’s third divestment. Whilst the Company aims to hold its…