OSLO: LINK Mobility Group Holding ASA, one of Europe’s leading providers of mobile messaging and CPaaS solutions, has mandated ABG Sundal Collier ASA and Danske Bank to arrange a series of fixed income investor calls commencing on 1 December 2020. A 5-year senior unsecured fixed rate bond issue of up to EUR 200 million may…
Aviva completes sale of Aviva Singapore
LONDON: Aviva plc today announced that it has completed the sale of a majority shareholding in Aviva Singapore to a consortium led by Singapore Life Ltd (Singlife). The business has been renamed as Aviva Singlife Holdings Pte Ltd. Aviva received SGD 2.7 billion of total consideration, which is comprised of SGD 2.0 billion1 (£1.1 billion2)…
ULS Technology sold its subsidiaries for £27.3 million to Project Ophelia Bidco Limited
LONDON, UK: ULS Technology plc has sold its wholly owned subsidiaries Conveyancing Alliance (Holdings) Limited and Conveyancing Alliance Limited (CAL) for a cash consideration of £27.3 million to Project Ophelia Bidco Limited, a company which also controls O’Neill Patient Solicitors LLP which is the largest conveyancer on the CAL panel. Over the last six months,…
Gore Street Energy Storage Fund plans placing, offer for subscription and intermediaries offer
LONDON: Gore Street, London’s first listed energy storage fund supporting the transition to low carbon power, is proposing to issue up to 60 million new Ordinary Shares by way of an Initial Placing, Offer for Subscription and Intermediaries Offer. Following the Initial Issue, the Directors intend to implement a programme of subsequent issues of up…
WANdisco signs $3mn Azure contract with major US Telecom
LONDON: WANdisco, the LiveData company, has announced a contract worth $3m with one of the world’s largest telecommunications companies to migrate one of its on-premises data lakes to Microsoft Azure as its embarks on its cloud transformation journey. As a key partner of Microsoft, the Customer chose to offset the purchase through its ongoing expenditure…
Magnit launches own delivery from its hypermarkets
KRASNODAR: Magnit PJSC, one of Russia’s leading retailers, launches its own delivery service from hypermarkets. The Company is expanding the pilot of its own delivery service, adding new locations and store formats. The service can now deliver products from hypermarkets in Krasnodar. Orders are delivered within three hours; customers can also reserve a later delivery…
Pets at Home Group buys The Vet Connection for £15 million
LONDON: Pets at Home Group Plc, the UK’s leading pet care business, announced the acquisition of The Vet Connection (TVC), the UK’s largest independent veterinary telehealth provider, for cash consideration of £15 million. The consideration is being financed using Pets at Home’s existing cash reserves. Founded in 2002, TVC has an established and successful track…
Marlowe plc acquires Wrightway Health Limited
LONDON: Marlowe plc, the specialist services group focused on developing companies, has acquired Wrightway Health Limited for an initial consideration of £3.5 million. Wrightway, established in 2013, is headquartered in Norwich, and provides occupational health services to businesses in the East and South East of England. For the year ended 30 April 2020, Wrightway generated…
Petropavlovsk PLC appoints Denis Alexandrov as Chief Executive Officer
LONDON: Petropavlovsk PLC announced the appointment of Denis Alexandrov as Chief Executive Officer. Mr Alexandrov, who will also become a director of the Company, will join with effect from 1 December 2020. Denis is a highly experienced executive in mining and natural resources, including the Russian gold sector, and has a strong track record of…
Carnegie Clean Energy signs collaboration agreement with Hewlett Packard
SYDNEY: Carnegie Clean Energy Limited (Carnegie) has signed a Collaboration Agreement with Hewlett Packard Enterprise Company (HPE) in which the parties will work collaboratively on a project to develop a reinforcement learning based controller for the CETO wave energy technology. The work will extend the artificial intelligence development already underway at Carnegie Clean energy. Hewlett…
Drs. Wilbert van den Hoek appointed Chairman of 4DS Memory Limited
SYDNEY: 4DS Memory Limited announced that Drs. Wilbert van den Hoek has formally been appointed Chairman of the Board, with Mr Jim Dorrian remaining on the Board as a non-executive Director. Drs. van den Hoek was on the Board of Cypress Semiconductor Corporation (Cypress) from 2011 to 2017. Cypress was a leader in advanced embedded…
Cromwell European REIT outperforms majority of peers in Europe and Asia
SINGAPORE: Cromwell European Real Estate Investment Trust (CEREIT) has maintained its ‘Green Star’ status and achieved a score of 73 in the Global Real Estate Sustainability Benchmark (GRESB) in 2020, scoring higher than the GRESB average and peer average scores of 70 and 69, respectively. CEREIT’s score increase of 9% year-on-year (Y-o-Y), compared to its…