LONDON: SEC Newgate S.p.A. has signed agreements to acquire a 60% shareholding in four tranches (15% per annum until 2024) in Orca Affairs GmbH in line with the Group’s Strategic Plan 2021/2023 and stated acquisition strategy. Orca Affairs, based in Berlin, has a strong track record in public and corporate affairs at a national level….
SEC Newgate
SEC Newgate is an insights and research-driven global strategic communications and advocacy group. Its team works at the nexus of business, politics, communities, markets and media to deliver positive outcomes, helping clients clearly demonstrate their purpose, value and impact locally, nationally and internationally. Its team of over 600 professionals are based in 36 offices, in…
CLS Holdings announces €38.2 million acquisition of The Brix
LONDON: CLS Holdings has unconditionally exchanged contracts to acquire “The Brix” office building at Kruppstrasse 16, in Essen, Germany for €38.2 million. The acquisition will complete in early 2021. The property is a factory-style office building located in the central business district of Essen. The offices are split across five interconnected buildings ranging from three…
Jumbo Interactive signs agreement with St Helena Hospice UK
SYDNEY: Jumbo Interactive Limited has entered into six-year SaaS (Software-as -a-Service) agreement with St Helena Hospice, a leading UK charity, to provide its online lottery software platform. Under the Agreement, St Helena will utilise a modified version of Jumbo’s lottery platform to manage its entire lottery sales of ~£5.0 million p.a. The initial term will…
Origin Energy invests in Octopus Energy as it launches into Asian market
SYDNEY: Origin Energy Limited will invest an additional £36 million (approximately A$65 million) in Octopus Energy Group Limited to maintain its 20 per cent equity interest following a partnership between Octopus and Tokyo Gas that will see the launch of Octopus into the Japanese market. Under the agreements, leading Japanese utility Tokyo Gas will take…
Redflow commences first customer trial of new Gen3 battery
SYDNEY: Redflow Limited announced the commencement of the first customer trial of its new Gen3 battery. Using two new Gen3 batteries, the trial will take place in Mount Tamborine in Queensland where Redflow already has four Gen 2 batteries supporting an off-grid energy system with end customer James Emmett. The two new Gen 3 batteries…
Redflow Limited (ASX:RFX)
Click here Redflow Limited (ASX:RFX) share price Redflow Limited, a publicly-listed Australian company (ASX: RFX), produces zinc-bromine flow batteries that tolerate daily hard work in harsh conditions. Marketed as ZCell and ZBM2, Redflow batteries are designed for deep cycling, long-duration stationary energy storage applications in the commercial & industrial and telecommunications sectors, and are scalable…
Hyatt announces plans for a new Hyatt Regency Hotel in San Francisco
CHICAGO: Hyatt Hotels Corporation announced that a Hyatt affiliate entered into a franchise agreement with 50 Third Street Owner LP for Park Central San Francisco to join the Hyatt portfolio as an affiliated hotel, effective Friday, December 18, 2020. The hotel is managed by Highgate and expected to rebrand to Hyatt Regency San Francisco Downtown…
BlueCrest acquires BCC Software
DANBURY: BlueCrest, an industry-leading global technology provider, announced the acquisition of BCC Software, a leader in postal and presort software solutions in North America for over 40 years. BCC Software will become BCC Software, a BlueCrest Company. In August 2019, BlueCrest and BCC Software announced a partnership to offer best-in-class postal optimization and mail tracking…
Golden Falcon Acquisition Corp. announces closing of $345 million IPO
NEW YORK: Golden Falcon Acquisition Corp. announced that it closed its initial public offering of 34.5 million units, which included the full exercise of the underwriters’ over-allotment option. The offering was priced at $10 per unit, generating total gross proceeds of $345 million. The units are listed on the New York Stock Exchange (NYSE) and…
FCPT announces $14.5 million acquisition of Bloomin’ Brands Properties, PNC Bank
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of two Outback Steakhouses and one Carrabba’s properties for $12.9 million, and acquisition of a PNC Bank for $1.6 million. The Bloomin’ Brands Properties are located in dense retail corridors in Florida. All three properties are corporate-operated under triple net leases with a weighted average…
Polaris Inc. appoints Michael Speetzen as Interim CEO
MINNEAPOLIS: Polaris Inc. announced its Board of Directors appointed Michael Speetzen, Polaris’ executive vice president and Chief Financial Officer, to serve as interim Chief Executive Officer. John Wiehoff, the Company’s Lead Independent Director, has been appointed Chair of the Board; and Bob Mack, Polaris’ senior vice president of Corporate Development & Strategy and president of…