SARASOTA: Helios Technologies has announced that effective October 28, 2020 the company has entered into a $900 million senior secured credit agreement, which is inclusive of a $300 million accordion feature. Helios’s senior secured credit agreement was provided by a syndicate led by PNC Bank. The five-year agreement amends the Company’s previous credit agreement and…
U.S. Federal Trade Commission approves proposed combination of Mylan and Upjohn
NEW YORK: Mylan N.V. and Pfizer Inc. announced that the U.S. Federal Trade Commission (FTC) has approved the proposed combination of Mylan and Pfizer’s Upjohn Business. The parties have now obtained all required antitrust clearances for the proposed transaction. The combination will be effected through a Reverse Morris Trust transaction, pursuant to which Upjohn Inc….
Arendals Fossekompani acquires Kontali Analyse, establishes Alytic
ARENDAL: Arendals Fossekompani, a green-tech investment company, has signed an agreement to buy a 71 percent stake in Kontali Analyse, a news release noted. “We are excited to have Arendals Fossekompani become the majority shareholder. Supported by the digital competence and financial capabilities of AFK, Kontali will be able to accelerate the digital transformation of…
Vow ASA enters strategic partnership with Repsol on industry decarbonization
LONDON: Vow ASA, through its subsidiary ETIA, entered into a strategic partnership agreement with Repsol to explore multiple applications and solutions to produce clean and renewable energy for CO2 emission reduction. “We are very excited to enter into this agreement, and we are committed to provide technology to support Repsol on their ambitious roadmap towards…
Nel signs LoI with Statkraft for a 50MW green hydrogen project
OSLO: Nel Hydrogen Electrolyser AS and Statkraft AS have signed a letter of intent (LoI) for the delivery of 40 – 50 MW of alkaline electrolysers to support green steel production by Celsa Armeringsstål AS at Mo Industripark in Norway. “Through our electrolyser scale-up program we have not only identified ways to manufacture our alkaline…
Lonza signs agreement to manufacture AstraZeneca’s COVID-19 treatment
BASEL: Lonza has signed an agreement with AstraZeneca to manufacture AZD7442, a combination of two long-acting antibodies (LAABs) for the potential prevention and treatment of COVID-19, a news release said. AZD7442 is currently in Phase-I clinical studies and AstraZeneca plans to advance the LAAB combination into Phase-3 trials in the coming weeks. The agreement enables…
Qube Holdings
Qube Holdings is a diversified logistics and infrastructure company in Australia. Qube has freight handling and stevedoring facilities at 29 ports in Australia through its subsidiaries P&O Automotive and General Stevedoring, Northern Stevedoring Services, Australian Amalgamated Terminals, PrixCar and the W Qube joint venture between Qube and Wilhelmsen Ships Service. It is also a 50%…
QBE Insurance Group Limited
QBE Insurance Group Limited is Australia’s second largest global insurer after Insurance Australia Group. It provides insurance services mainly to Australia, North America, Europe and Asia Pacific region. In 2019, QBE had over 11,700 employees in 27 countries worldwide. As of August 2012, QBE was ranked among the world’s top general insurers[citation needed]. QBE had…
Qantas Airways Limited
Qantas Airways Limited (/ˈkwɒntəs/) is the flag carrier of Australia and its largest airline by fleet size, international flights and international destinations. It is the third oldest airline in the world, after KLM and Avianca, having been founded in November 1920; it began international passenger flights in May 1935. The Qantas name comes from “QANTAS”,…
Pilbara Minerals
Pilbara Minerals (ASX: PLS) is an Australian lithium mining company. It owns and operates the Pilgangoora Lithium-Tantalum Project. Pilbara is listed on the S&P/ASX 200. It was founded in 2005. Pilbara Minerals is the leading ASX-listed pure-play lithium company, owning 100% of the world’s largest, independent hard-rock lithium operation. Located in Western Australia’s resource-rich Pilbara…
Perpetual Limited
Perpetual Limited is an Australian investment and trustee group; providing investment products, financial advice, philanthropic and corporate service to individuals, families, financial advisers and organisations. Perpetual offers a broad range of investment, superannuation and retirement income products. It has investment teams in Australia managing investments across a range of asset classes. It offers all types…
Pental Limited (formerly Symex)
Pental Limited (formerly Symex) is an Australian manufacturer of household chemicals and cleaning products, and a publicly listed company on the Australian Stock Exchange. Formerly known as Symex, it manufactures, distributes and exports many brands including: AIM Toothpaste Country Life Soap Huggie Fabric Softener Janola Jiffy Firelighters Little Lucifer Firelighters Lux Pure Soap Flakes Martha…