CHICAGO: IRi announced the appointment of Kirk Perry, Google’s President of Global Client & Agency Solutions, as President and CEO and a member of its Board of Directors, effective May 17, 2021. Mr. Perry succeeds Andrew Appel, who has successfully led a transformation of IRI for nearly a decade. Mr. Appel will remain an Advisor…
Ooredoo announces $750 million deal for sale of 4,200 telecoms towers in Indonesia
DOHA: Ooredoo Q.P.S.C. announced that its Indonesian operating company, PT Indosat Tbk. (Indosat Ooredoo), has signed a sale and leaseback agreement with PT EPID Menara AssetCo (Edge Point Indonesia) for more than 4,200 telecommunications towers. PT EPID Menara AssetCo is an Indonesian subsidiary of Edge Point Singapore, which is wholly owned by Digital Colony, a…
Sistema increases ownership stake in OJSC Sintez
MOSCOW: Sistema’s fully owned subsidiary LLC Sistema Telecom Assets has acquired 32.4% of the share capital of OJSC Sintez, a subsidiary of pharmaceutical holding company Binnopharm Group from JSC National Immunobiological Company (Nacimbio). “Increasing our ownership stake in OJSC Sintez is consistent with Sistema’s strategy of strengthening our position on the pharmaceuticals market and transforming…
Sistema PJSFC
Sistema PJSFC (LSE: SSA, MOEX: AFKS) is a publicly traded Russian investment company with a diversified portfolio of assets serving over 150 million customers in the sectors of telecommunications, high technology, banking, retail, e-commerce, timber processing, agriculture, real estate, hospitality and healthcare. The company was founded in 1993. Its revenue in 2019 reached RUB 656.9bn,…
Mobile Streams provides funding to Quanta Media Group
LONDON: Mobile Streams plc, announced that initial work with Quanta Media Group Holdings has uncovered significant additional areas of synergy and opportunity. Quanta is a developer of high-quality sports and iGaming related product, content and destinations which it expects to launch in the next quarter. The company was founded by industry veteran, Andrew Deeks, in…
Achilles Therapeutics prices its ADS at an IPO rate of $18
LONDON: Syncona Ltd’s portfolio company Achilles Therapeutics plc has announced the pricing of its initial public offering (IPO) in the United States of 9.75 million American Depositary Shares (ADSs), at an initial public offering price of $18 per ADS for total gross proceeds of approximately $175.5 million. All ADSs sold in the IPO were offered…
PetroTal announces export of Bretena crude oil, price derivative contracts
CALGARY: PetroTal Corp. announced the second export of Bretana crude oil into the Atlantic region through Brazil and the execution of crude oil price derivative contracts. Executed Corporate Hedging Contract In order to support the 2021 capital development program and mitigate Brent oil price downside risk prior to oil delivery, PetroTal has executed a 590,252…
Residential Secure Income acquires 191 income-generating, shared ownership homes
LONDON: Residential Secure Income (ReSI) has acquired 191 shared ownership homes from Orbit, one of England’s leading housing associations, for cash consideration of £16 million. The diversified portfolio comprises 180 houses and 11 apartments, located across 18 counties in England. All these homes are currently occupied and income generating. The average share of homes already…
Residential Secure Income plc (LON: RESI)
Residential Secure Income plc (LON: RESI) is a real estate investment trust (REIT) listed on the premium segment of the Main Market of the London Stock Exchange with the objective of delivering secure inflation linked returns by investing in affordable shared ownership, retirement and Local Authority housing throughout the UK. Residential Secure Income plc (LON:…
Altona Rare Earths to acquire 70% interest in Leadway Group
LONDON: Altona Rare Earths has signed an Option Deed to acquire a 70% legal and beneficial interest in Leadway Group Ltd, a Ugandan registered company, which is the owner of the Nankoma Rare Earths Project in Uganda. The Nankoma Project is held under Exploration Licence EL00115 and covers an area of 67.5 km2 and is…
White Energy sells stake in Mountainside Coal Company
SYDNEY: White Energy Company Limited has sold their 51% equity in Mountainside Coal Company, based in Kentucky, USA. The sale to Kentucky based miner, Clay Laurel Mining Inc. is for a total consideration of US$4.053 million which equates to approximately AU$5.3 million. A US dollar deposit equivalent to AU$2.9 million has been placed in escrow…
Grant Peck appointed Chief Executive Officer and Managing Director of McPherson’s Limited
SYDNEY: McPherson’s Limited announced the appointment of interim CEO Mr Grant Peck as Chief Executive Officer and Managing Director on a permanent basis, effective immediately. Mr Peck’s appointment followed a thorough search and selection process undertaken by the Board which identified some excellent candidates. After consideration of these qualified candidates, the Board was unanimous in…