AMSTERDAM: The Supervisory Board announces today that it intends to appoint Lars Kramer as a member of the Executive Board and Chief Financial Officer of ABN AMRO. The nomination is subject to the approval of the European Central Bank (ECB). Until the appointment of Mr Kramer becomes effective, and after Clifford Abrahams steps down on…
Vicore Pharma completes a directed share issue of SEK 336 million
GOTHENBURG: Vicore Pharma Holding has successfully completed a directed share issue of 11.2 million shares, corresponding to SEK 336 million, a news release said. The subscription price in the Directed New Share Issue was set to SEK 30.0 per share and was subscribed for by Swedish and international institutional investors as well as certain existing…
Targovax and Papyrus Therapeutics enter research collaboration to develop novel ONCOS viruses
OSLO: Targovax ASA has entered into a research collaboration agreement with Papyrus Therapeutics to assess the potential of combining their respective proprietary technology platforms to develop a first-in-class oncolytic virus concept with RTK inhibitor functionality. Papyrus Therapeutics, Inc. (West Chester, PA, USA) is an emerging biopharma company developing novel tumor suppressor therapies. Papyrus´s lead therapeutic…
Targovax ASA
Targovax ASA (OSE:TRVX) is a clinical stage immuno-oncology company developing immune activators to target hard-to-treat solid tumors. Targovax aims to unlock greater clinical benefits in cancer patients by deploying multifunctional platforms to target key immune regulators and oncogenic drivers. Targovax’s focus is to “activate the patient’s immune system to fight cancer”, thus extending and transforming…
Equinor sells its US onshore assets in the Bakken for $900 million
OSLO: Equinor ASA has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD 900 million. The transaction covers all of Equinor’s operated and non-operated acreage, totalling 242,000 net acres, and associated…
Mercell acquires Negometrix in the Netherlands for EUR 27 million
OSLO: Mercell Holding AS has signed a binding agreement to acquire 100% of the shares of the leading Dutch e-procurement company Negometrix B.V. for EUR 27 million on a cash- and debt-free basis. Mercell has carried out a private placement raising gross proceeds of approximately NOK 434 million, of which parts will be used to…
algoWatt awarded contract to upgrade monitoring system of a nationwide electricity transmission grid
ROME: algoWatt has been awarded the first lot of a tender for the “WAMS system re-engineering and consolidation service”. The award is in a temporary association of companies (ATI) with a leading global technical and engineering consultancy company in the field of technology and innovation for the electricity sector, a news release said. The client…
A-Mark to acquire e-commerce retailer JM Bullion
EL SEGUNDO: A-Mark Precious Metals Inc. has entered into a definitive agreement with JM Bullion Inc. (JMB), a leading e-commerce retailer of precious metals, to acquire the remaining 79.5% of the issued and outstanding shares of JMB not currently owned by A-Mark, a news release said. The proposed acquisition follows a longstanding and highly synergistic…
PointsBet and National Hockey League sign sports betting & marketing partnership
MELBOURNE: PointsBet Holdings Limited announced a multi-year strategic partnership with the National Hockey League (NHL), naming PointsBet an “Official Sports Betting Partner of the NHL”. “As the sports betting landscape evolves at a rapid pace, we continue to develop unique, strategic alliances within the sports gaming industry,” said Keith Wachtel, NHL Chief Business Officer and…
Infratil announced Jason Boyes as its new Chief Executive Officer
SYDNEY: The Infratil Limited Board announced that Jason Boyes will succeed Marko Bogoievski as Infratil Chief Executive Officer (CEO’ and a Director effective from 1 April 2021 with Mr Bogoievski stepping down after 12 successful years as Infratil’s CEO and a Director. Mark Tume, Infratil’s Chair, said that with the strong portfolio positions and a…
VerifyMe announces pricing of $8.7mn bought deal stock offering
ROCHESTER: VerifyMe Inc. has entered into an underwriting agreement with Maxim Group LLC under which the underwriter has agreed to purchase, on a firm commitment basis, 1.65 million shares of common stock of the Company, at a price to the public of $5.30 per share less underwriting discounts and commissions. The gross proceeds from the…
Advances, Deposits & Investments increase YoY in Jan’21
§ Total deposits of scheduled banks reached PKR 17,086bn as compared to PKR 14,672bn recorded during last year same period, marking an increase of 16.4% YoY. However, on a monthly basis, deposits were down 4.4% in Jan’21, mainly due to a high base of prior month (PKR 17,875bn in Dec’20). The monthly decline in deposits…