OSLO: Inflexion Private Equity Partners LLP and Infront ASA announced that Dash Bidco AS will launch an offer to acquire all outstanding shares of Infront through a voluntary cash offer of NOK 34.40 per share. The Board of Directors of Infront has unanimously decided to recommend that the shareholders of the Company accept the Offer….
Ascelia Pharma gets US patent for second generation Mangoral
HELSINKI: Ascelia Pharma AB announced that the US Patent Office (USPTO) has issued a new patent covering a second-generation formulation of lead drug candidate Mangoral, currently in the pivotal Phase 3 study SPARKLE. The new patent further improves the unique value proposition of the Mangoral franchise and provides patent protection until year 2040 in the…
Fortune Brands completes acquisition of LARSON Manufacturing
DEERFIELD: Fortune Brands Home & Security Inc. announced it completed the acquisition of LARSON Manufacturing, the North American market leading brand of storm, screen and security doors. LARSON is now part of Fortune Brands’ Outdoors & Security segment. The Company completed the acquisition for a price, net of tax benefits, of approximately $660 million, which…
Mutares makes an offer to acquire Primetals Technologies France S.A.S.
MUNICH: Mutares SE & Co. and Primetals Technologies Ltd. have entered into exclusive discussions for the acquisition of Primetals Technologies France, which has its production site in Savigneux, France, employing around 300 employees. The goal is to complete the transaction by the end of February 2021, once all necessary consents are obtained and consultations completed,…
Grid Dynamics acquires Netherlands-based Daxx
SAN RAMON: Grid Dynamics Holdings Inc. has acquired Daxx, a Netherlands-based software development and technology consulting company, a news release said. Headquartered in Amsterdam with engineering centers situated in major tech hubs across Ukraine, Daxx brings more than 20 years experience in delivering highly differentiated software services to clients across a wide range of industry…
ISACA launches Blockchain Framework and Executive Guide
SCHAUMBURG: Blockchain has many enterprise applications that go beyond cryptocurrency, including smart contracts, supply chain, and healthcare records. To help tech professionals get a stronger grasp on the important technology and how to leverage it within their own organizations, ISACA has released two new resources: Blockchain Framework and Guidance and Blockchain: An Executive View Blockchain…
ANZ enters JV with Worldline to provide payments technology, merchant services in Australia
AUCKLAND: Australia and New Zealand Banking Group (ANZ) announced it will enter into a joint-venture with European-based payments leader Worldline to provide its small business, commercial and institutional customers in Australia with access to the latest technology for fast, reliable and more secure point-of-sale and online payments. The joint venture arrangement involves ANZ and Worldline…
Downer EDI announces sale of Open Cut Mining West
AUCKLAND: Downer EDI Limited has entered into an agreement to sell its Western Australian open cut mining business (Open Cut Mining West) to MACA Limited (MACA). The sale results in the transferring of certain assets (including fleet and inventory) and liabilities, and the novation of the existing contracts, to MACA. As a result of the…
Leonard Donnelly appointed CEO of Waylay
GHENT, BELGIUM: Waylay, an IoT software company at the forefront of the enterprise digital transformation has appointed Leonard Donnelly as CEO. Leonard Donnelly is an Irish high tempo international tech entrepreneur with an extensive network of relationships globally. The company has entered its high growth phase and accordingly has organized into three new acceleration business…
Aker BioMarine launches new circular economy company
FORNEBU: Aker BioMarine has launched AION (Greek for ‘eternity’), a new company that will use a capital light and technology agnostic business model to offer products and services to companies with a desire to recycle waste and re-use materials, a news release said. The company stems from circular initiatives in Aker BioMarine that were focused…
Aker BioMarine
Aker BioMarine is a biotech innovator and Antarctic krill-harvesting company, dedicated to improving human and planetary health. The company develops krill-based ingredients for nutraceutical, aquaculture, and animal feed applications. The company’s fully transparent value chain stretches from sustainable krill harvesting in pristine Antarctic waters through its Montevideo logistics hub, Houston production plant, and all the…
Cameco Corporation
Cameco Corporation