LONDON: Permanent TSB plc has agreed the sale of a portfolio of performing Buy-To-Let (BTL) originated loan accounts to Citibank NA London, a news release noted. Citibank NA London is a UK branch of Citibank NA (Citi), an entity incorporated in the U.S and regulated by the Office of the Comptroller of the Currency. Citi…
Tufton Oceanic Assets Limited acquires Handysize Bulk Carrier for $10.6 million
LONDON: The Board of Tufton Oceanic Assets Limited announced that the Company has acquired a Handysize Bulk Carrier for $10.6 million. This acquisition takes the Company’s fleet to nineteen vessels. The vessel has a fixed rate time charter for ten to thirteen months to a large maritime transport and logistics company. The yield during the…
Redx Pharma appoints leading oncology drug developer, Dr Jane Robertson, as Chief Medical Officer
ALDERLEY PARK: Redx Pharma plc has appointed Dr Jane Robertson as Chief Medical Officer, a news release noted. Jane is a well respected UK haemato-oncologist with over 17 years’ experience of clinical development in oncology and has a breadth of experience investigating multiple tumours and agents including VEGF inhibitors, anti-hormonals, PARP inhibitors, nucleotide analogs and…
John Laing completes first stage of the divestment of IEP East in a £204.3 million deal
LONDON: John Laing Group plc has completed the first stage of the transaction announced on 18 September 2020 to divest its 30% interest in Intercity Express Programme Phase 2 (IEP East), a news release said. This first stage, consisting of a sale of the Group’s 15% interest in IEP East, completed yesterday. Cash proceeds from…
easyJet confirms sale and leaseback of nine aircraft
LONDON: easyJet Plc confirmed the sale and leaseback of nine aircraft with two counterparties. The transactions generate total cash proceeds of $398.6 million (£305.7m). Following high levels of demand from the operating lease marketplace, easyJet has engaged with a number of operating lessors to raise further liquidity, which will be used to further strengthen easyJet’s…
SDCL Energy Efficiency Income Trust completes Värtan Gas Stockholm AB acquisition
LONDON: SDCL Energy Efficiency Income Trust plc ( SEEIT) it has completed the acquisition of a 100% interest in Värtan Gas Stockholm AB, the ultimate owner of the established, operational and regulated gas distribution network for Stockholm, Sweden. SDCL Energy Efficiency Income Trust plc is the first UK listed company of its kind to invest…
NantKwest Names Richard Adcock Chief Executive Officer
EL SEGUNDO: NantKwest Inc. has appointed healthcare industry veteran with proven operational skills Richard Adcock as its Chief Executive Officer, effective immediately. Adcock brings extensive leadership experience to NantKwest as the company advances rapidly in the development of natural killer cell-based immunotherapies for cancer and serious infectious diseases. Rich will assume the role of CEO…
Aramex appoints Thomas Kipp as new Chief Operating Officer
DUBAI: Aramex, a leading global provider of comprehensive logistics and transportation solutions, announced the appointment of Thomas Kipp as the Company’s new Chief Operating Officer (COO). Mr. Kipp brings over 25 years of experience across Logistics, e-Commerce and Management Consulting in Europe, Asia and North America. As part of the senior leadership team, Mr. Kipp…
Santé Laboratories forms alliance with Lone Star Overnight to facilitate hemp farmers in Texas
AUSTIN: In order to facilitate hemp farmers, Santé Laboratories has entered into an alliance with Lone Star Overnight (LSO) to transport hemp crops, free, from anywhere in the state of Texas right to the laboratory’s doorstep in Austin. This partnership provides a more affordable and reliable pathway for farmers throughout Texas who are muddling their…
Bragg Gaming Group signs $12.5 million bought deal public offering
TORONTO: A syndicate of underwriters co-led by Cormark Securities Inc. and Canaccord Genuity Corp. has agreed to purchase 17.86 units from the treasury of Bragg Gaming Group Inc., at a price of $0.70 per unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $12.5 million….
The AES Corporation (formerly Applied Energy Services Inc.)
The AES Corporation (formerly Applied Energy Services Inc) is a Fortune 500 company that generates and distributes electrical power. AES is headquartered in Arlington, Virginia, and is one of the world’s leading power companies, generating and distributing electric power in 15 countries and employing 10,500 people worldwide. Formerly: Applied Energy Services, Inc. (1981–2000) Traded as: …
Aerojet Rocketdyne Holdings Inc. (formerly GenCorp Inc.)
Aerojet Rocketdyne Holdings, Inc., formerly GenCorp, Inc., is an American technology-based manufacturer based in El Segundo, California. Established in 1915, it was formerly known as the General Tire and Rubber Company, becoming GenCorp in 1984, and adopting its current name in April 2015. Traded as: NYSE: AJRD; S&P 600 Component Industry: Aerospace, defense, and real…