LONDON: ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources investing company, is pleased to announce that is has extended for a further 12 months its indicative MOU to enter into a strategic alliance with Trafigura Pte Ltd, a market leader in the global commodities industry. ADM and Trafigura intend to create…
Argo Blockchain plc (LON: ARB)
Argo Blockchain plc (LON: ARB) is a global leader in cryptocurrency mining with one of the largest and most efficient operations powered by clean energy. The Company is headquartered in London, UK and its shares are listed on the Main Market of the London Stock Exchange under the ticker: ARB. Argo Blockchain plc (LON: ARB)…
Argo Blockchain announces 1,295 new mining machines in production
LONDON: Argo Blockchain, the leading cryptocurrency miner based in the UK, announced that 1295 S19 and S19 pro miners were brought onstream this week. The machines, which were ordered in November 2020 and delivered ahead of schedule, will add approximately 127 petahash to the company’s existing mining fleet, bringing the Company’s total installed computing power…
Avingtrans completes acquisition of majority stake in Magnetica
LONDON: Further to its announcement on 5 January 2021, Avingtrans PLC has completed the acquisition of a majority stake in Magnetica following approval from Magnetica shareholders earlier today. The combination will see Avingtrans’ two medical equipment businesses, Scientific Magnetics (SciMag) and Tecmag, merge with Magnetica. Magnetica Limited is an Australian medtech and engineering company which…
NAB to acquire 86 400 Holdings to accelerate UBank growth
LONDON: National Australia Bank Limited (NAB) has entered into a scheme implementation agreement to acquire 100% of the shares in 86 400 Holdings Ltd, the holding company of Australian neobank, 86 400. Founded by Cuscal Ltd and led by CEO Robert Bell, 86 400 has built and launched a mobile-led digital bank and was granted…
CLS Holdings announces €89.7 million property acquisitions in Germany
LONDON: CLS Holdings has unconditionally exchanged contracts to acquire a portfolio of three office buildings in Düsseldorf, Berlin and Hamburg for €89.7 million, excluding costs, from Commodus Real Estate. The three properties are occupied by 31 tenants, providing a diversified and stable cashflow. The buildings are currently 93% occupied with a WAULT of 4.9 years…
Ryan Ostrom to Join Jack in the Box Inc. as new chief marketing officer
SAN DIEGO: Jack in the Box Inc. announced that Ryan Ostrom will join the company as Executive Vice President and Chief Marketing Officer, effective February 1, 2021. Ostrom joins the company with over 15 years of marketing and branding experience, with a passion for driving innovation through creative consumer strategies. Most recently, Ostrom served as…
Heijmans and Staedion strengthen cooperation in The Hague
AMSTERDAM: Housing corporation Staedion has chosen Heijmans as its partner to work with The Hague city council on the transformation and renewal of the city’s Dreven, Gaarden and Zichten neighbourhoods. In a follow-up to a letter of intent signed in late 2018, Heijmans and Staedion this week signed a continuation agreement for the plans in…
Magnora ASA
Magnora ASA (OSE: MGN) is a renewable energy company looking for profitable green investment opportunities. The company is listed on the main list on Oslo Stock Exchange under the ticker MGN. Magnora launched its focus on wind power in February this year following a thorough strategy process lasting throughout 2019. During 2019, the company recruited…
Magnora enters partnership to establish floating wind company
OSLO, NORWAY: Renewable energy company Magnora ASA has entered into an agreement with an undisclosed global offshore energy technology and service company to establish a joint floating wind company called Magnora Floating Wind. Magnora’s strategic partner has vast experience over many decades in all basins, water depths and weather conditions. It has broad experience from…
Mutares acquires the Ericsson Services Italia from Ericsson Telecomunicazioni
MUNICH: Mutares SE & Co. has signed an agreement on the acquisition of the Ericsson Services Italia S.p.A. from Ericsson Telecomunicazioni S.p.A, a news release said. The company is a leading provider of Information and Communication Technology (ICT) services to service providers. The closing of the transaction is expected in Q1 2021. Ericsson Services Italia…
Kiwi Property reports December sales growth
WELLINGTON: Kiwi Property reported the December 2020 sales for its retail portfolio, including a 4.2% increase on the prior year. Specialty store sales grew 9.3%, while major retailers recorded a 6.5% year-on-year uplift. Sales at Sylvia Park, New Zealand’s favourite shopping centre, were up 12.0% in December, compared to the same time the year before….