LONDON: Belluscura plc, a leading medical device developer focused on lightweight and portable oxygen enrichment technology, announced its intention to list entire issued and to be issued ordinary share capital of the Company to the AIM market of the London Stock Exchange. Belluscura’s first product, the X-PLO2 RTM, is a lightweight FDA cleared portable oxygen…
Ericsson and Samsung sign global patent license and technology cooperation agreement
STOCKHOLM: Ericsson (NASDAQ: ERIC) and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021. Furthermore, Ericsson (NASDAQ: ERIC) and Samsung have agreed on technology cooperation projects to advance the…
Taylor Maritime Investments launches initial public offer to raise $250 million
LONDON: Taylor Maritime Investments Limited announced the launch of its initial public offering (IPO) on the Premium Segment of the Main Market of the London Stock Exchange, a news release said. Taylor Maritime Investments is offering approximately 250 million ordinary shares at an initial issue price of US$1.00 per ordinary share. The Company is an…
Euronext launches a €1.8 billion bond issue, listed on Euronext Dublin
PARIS: Euronext, the leading pan-European market infrastructure, has successfully priced a three-tranche senior bond offering representing a total amount of €1.8 billion, a news release said. The bonds will be admitted to trading on the regulated market of Euronext Dublin as of 17 May 2021 and are rated BBB by S&P. As well as on…
Macquarie Group announces 10 percent growth in net profit
SYDNEY: Macquarie Group (ASX: MQG) today announced a net profit after tax attributable to ordinary shareholders of $A3.015 billion for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20). Profit for the half year ended 31 March 2021 (2H21) was $A2.30 billion, up 106 percent on…
Walmart Health to acquire MeMD, a multi-specialty telehealth provider
BENTONVILLE: Walmart Health has entered an agreement to acquire MeMD, a multi-specialty telehealth provider, a news release said. This acquisition will, over the coming months, allow Walmart Health to provide access to virtual care across the nation including urgent, behavioral and primary care, complementing our in-person Walmart Health centers. Our focus on consumer engagement, improved…
Nuvei to acquire Simplex for $250 million in cash
MONTREAL: Nuvei Corporation (TSX: NVEI) entered into a definitive agreement to acquire SimplexCC Ltd., a fintech startup providing the fiat infrastructure to the cryptocurrency industry, for approximately $250 million to be paid in cash, a news release said. The transaction is subject to customary closing conditions, including regulator approval, and is expected to close in…
Wellington appoints Greg Bella as new CEO
WELLINGTON:: Wellington Drive Technologies (NZE: WDT) announced that Greg Balla is appointed as new CEO of the company. He is expected to assume the role on a full time basis on 1 September 2021, replacing Greg Allen who stepped down at the end of March 2021. Gottfried Pausch, Chairman and Interim CEO says, “We are…
ePlay Digital readying for new sports gaming legislation in Canada and U.S.
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…