MOSCOW: PAO NOVATEK has formally joined the Arctic Economic Council, a news release said. The Arctic Economic Council (AEC) is an international business forum established in 2014 at the initiative of the Arctic Council in order to facilitate business-to-business activities and promote responsible economic development of the Arctic region. The AEC’s active organizations include a…
PAO NOVATEK
PAO NOVATEK is the largest independent natural gas producer in Russia, and in 2017, entered the global LNG market by successfully launching the Yamal LNG project. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. Upstream activities of the Company’s subsidiaries and joint ventures…
Great Point Entertainment Income Trust announces IPO on London Stock Exchange
LONDON: Great Point Entertainment Income Trust (GPEIT) announced its intention to launch an initial public offering (IPO) on the Specialist Fund Segment of the Main Market of the London Stock Exchange, by way of an initial placing and offer for subscription for a target issue of 200 million ordinary shares of £0.01 each at an…
Volution Group acquires Nordiska Klimatfabriken in Sweden
LONDON: Volution Group, a leading international designer and manufacturer of energy efficient indoor air quality solutions, has signed an agreement for the acquisition of Nordiska Klimatfabriken AB in Sweden. Klimatfabriken specialises in the provision of premium low carbon ventilation equipment for the residential refurbishment market in Sweden, which the business designs and manufactures at its…
Mattioli Woods acquires Montagu Limited for up to £2.34 million
LONDON: Mattioli Woods plc, the specialist wealth management and employee benefits business, announced the acquisition of 100% of the issued share capital of Montagu Limited for a total consideration of up to £2.34 million on a cash-free, debt-free basis. Montagu was established in 1996 and provides wealth management advice and administration for over 150 private…
argenx raises $1.0 billion in gross proceeds in a global offering
BREDA, NETHERLANDS: argenx SE, a global immunology company, announced the pricing of a global offering of ordinary shares represented by American Depository Shares (ADSs) in the United States and certain other countries outside of European Economic Area and a simultaneous private placement of ordinary shares in the European Economic Area and the United Kingdom. The…
Stephen Porges resigns from Identitii Limited
SYDENY: Identitii Limited announced that Mr. Stephen Porges has today resigned as a director of the Company, effective immediately. Stephen Porges stated: “Although I am a strong believer in the Company and its solutions, after extensive discussions it appears the role is closer to a full-time commitment. With my other obligations I feel I would…
Dubai Financial Market posts net profit of AED 137.9 million in 2020
DUBAI: Dubai Financial Market Company (PJSC) announced its results for the financial year ending 31 December 2020, posting a net profit of AED 137.9 million, a 14% growth compared to AED 120.6 million in 2019. Total revenues increased 7% to AED 337.2 million compared to AED 315.8 million. The total revenue comprised of AED 219…
Veidekke wins SEK 382 million contract in Hagastaden, Stockholm
OSLO: Veidekke ASA has received new assignments from Nordr Eiendom in the construction of the Haga Boulevard and Haga Venue residential area in Hagastaden, Stockholm. The design and build contract has a total value of approximately SEK 382 million. The new area will comprise a total of 243 apartments, and the first buyers are scheduled…
Victory Square signs agreement to acquire assets of Aspen Technologies
VANCOUVER: Victory Square Technologies Inc. has signed an agreement to acquire certain intellectual property assets of Aspen Technologies Inc., a technology company focused on building Blockchain and Cybersecurity solutions. Aspen, is best-known for its work in developing an ecosystem of hardware, software, and networking products to meet increased global consumer demand for new age technology….
ForFarmers closes previously announced acquisition De Hoop Mengvoeders
LOCHEM: ForFarmers has closed the acquisition of De Hoop Mengvoeders (De Hoop), which had already been announced on 19 October last year. The required permits have been granted by the Dutch and German competition authorities and other conditions precedent have also been met. The acquisition price comprises a fixed amount of €23 million and a…
PharmaDrug acquires Sairiyo Therapeutics in a share exchange deal
TORONTO: PharmaDrug Inc. it has completed the previously announced acquisition of Sairiyo Therapeutics Inc. on February 2, 2021. Sairiyo is a biotechnology company focused on repurposing and developing improved formulations of naturally derived compounds for serious, rare, and life-threatening diseases with the aim to obtain European Medicines Evaluation Agency and U.S. Food and Drug Administration…