LONDON: Grainger plc, the UK’s largest listed residential landlord with 8,941 operational rental homes and a further 8,950 in its pipeline, has acquired a 231-home forward fund build to rent development in Bristol for c.£63.1m, with Cubex Land as development manager, backed by Fiera Real Estate. Leading Bristol developer Cubex purchased the site in 2016…
LEKOIL Limited appoints Michael Ajukwu as Chairman
LONDON: LEKOIL Limited, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announced that following the resignation of Mark Simmonds, the Board has appointed Mr. Michael Ajukwu as Chairman with immediate effect. Michael Ajukwu commented: “I am honoured to assume the position of Chairman of LEKOIL and would…
Tele2 partners with Nokia for 5G core deployment in Sweden and the Baltics
STOCKHOLM: Tele2 AB has chosen Nokia as partner for the deployment of its 5G core network. Nokia’s cloud infrastructure and mobile applications will enable the full potential of 5G for Tele2 customers going forward, including improved data and voice connectivity as well as enterprise solutions such as network slicing and edge computing. The deployment is…
Lysogene gets MHRA and Research Ethics Committee approvals for Gene Therapy Clinical Trial in the UK
PARIS: Lysogene, a phase 3 gene therapy platform company targeting central nervous system (CNS) diseases, has received MHRA and Research Ethics Committee approvals to initiate the gene therapy clinical trial in the United Kingdom with LYS-GM101 for the treatment of GM1 gangliosidosis, a serious, pediatric, life threatening disease. LYS-GM101 builds on Lysogene’s extensive experience in…
Total acquires Fonroche Biogaz to become French leader in renewable gas
PARIS: Total SE announced the acquisition of Fonroche Biogaz, a company that designs, builds and operates anaerobic digestion units in France. With close to 500 gigawatt-hours (GWh) of installed capacity, which doubled between 2019 and 2020, Fonroche Biogaz is today the French market leader in the production of renewable gas1 with more than 10% market…
Sanofi to acquire Kymab for an upfront payment of approximately $1.1 billion
PARIS: Sanofi and Kymab, a clinical-stage biopharmaceutical company developing fully human monoclonal antibodies with a focus on immune-mediated diseases and immuno-oncology therapeutics, have entered into an agreement under which Sanofi will acquire Kymab for an upfront payment of approximately $1.1 billion and up to $350 million upon achievement of certain milestones. Under the terms of…
Zenith Energy, Fleet Oil & Gas sign cooperation agreement for new acquisitions in MENA region
OSLO: Zenith Energy Ltd. has entered into a cooperation agreement with Fleet Oil & Gas S.A., a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer. Fleet is headquartered in Dubai, United Arab Emirates and has a representative office in Cairo, Egypt. The purpose of the CA…
Zenith Energy Ltd (LON: ZEN)
Zenith Energy Ltd. (LON: ZEN) is an international oil and gas production company, listed on the London Stock Exchange (LSE: ZEN) and the Euronext Growth Market of the Oslo Stock Exchange (OSE: ZENA). Zenith Energy Ltd (LON: ZEN) development strategy is to identify and rapidly seize value-accretive hydrocarbon production opportunities in the onshore oil &…
Unite Students announces rent discount for latest Covid-19 lockdown
LONDON, UK: Unite Students, the UK’s leading owner, manager and developer of student accommodation, announced a rent discount for students following the Government’s latest Covid-19 lockdown announcement. Students will be able to apply for a discount of 50% of their rent for a total of 4 weeks and, in addition, will be given a 4-week…
Toscafund Asset Management acquire 29.8% stake in AssetCo plc
LONDON: AssetCo plc announced that Martin Gilbert, Peter McKellar, various associates and funds managed by Toscafund Asset Management, a multi asset fund manager, have, in aggregate, acquired a minority stake of 29.8% of the issued share capital of the Company at 475 pence per share, which is approximately the estimated net asset value per share,…
TOMORROW to merge with MediaMonks
LONDON: S4Capital plc announced that TOMORROW, an award-winning Shanghai-based creative agency, is merging with MediaMonks, S4Capital’s Content practice. The merger expands MediaMonks’ existing capabilities and presence in China, the world’s second largest advertising market. TOMORROW was founded in 2015 by Rogier Bikker and has since become one of China’s most exciting and awarded digital creative…
Peter Madouros appointed Chief Investment Officer at Duke Royalty Limited
LONDON: Duke Royalty Limited, a provider of capital solutions to a diversified range of profitable and long-established businesses in Europe and abroad, announced the senior management appointment of Mr. Peter Madouros as its Chief Investment Officer. Peter has extensive private equity and credit experience and will operate out of Duke’s London office. Jim Webster, who…