Microsoft harnessing power of cloud to accelerate Pakistan’s digital transformation journey

KARACHI: “Now more than ever, academic and government leaders need to open their eyes to the need for learning, embracing and investing in advanced technologies, particularly the unprecedented opportunities that…

Chenos Kahn September 3, 2019

Canadian Exchange

Pakistan’s oil sales slide to multi year lows in Aug-19

KARACHI: Pakistan's overall petroleum products sales plummeted by over 4.0% YoY and as much as 20% MoM to 1.29mn tons in Aug-19, a level not seen at least since Jul-2009.…

Chenos Kahn September 3, 2019

Singapore Exchange

JLEN Environmental Assets Group acquires an anaerobic digestion plant

LONDON: JLEN, the listed environmental infrastructure fund, announced the acquisition of Warren Power Limited (WPL) for an initial consideration, including working capital, of £14.8 million subject to additional deferred payments…

NNR August 29, 2019

Singapore Exchange

Dechra Pharmaceuticals acquires Ampharmco LLC for $30mn

LONDON, UK: The Board of Dechra Pharmaceuticals has announced the acquisition of Ampharmco LLC (APC) and its associated holding companies, Dragon Fire Holdings LLC and Black Griffin Holdings LLC together…

Chenos Kahn August 29, 2019

Singapore Exchange

Oakley Capital announces investment in leading design company Alessi

LONDON: Oakley Capital Investments Limited announced that Oakley Capital Private Equity III has completed an investment in Alessi S.p.A (Alessi), the Italian high-end design business focused on home ware products.…

NNR August 29, 2019

Canadian Exchange Singapore Exchange

DGO to acquire assets in the State of Ohio from EdgeMarc Energy Holdings

LONDON: Diversified Gas & Oil (DGO), the U.S. based owner and operator of natural gas, natural gas liquids, and oil wells as well as midstream assets, announced that the asset…

NNR August 29, 2019

Vodafone group to sponsor Porsche Formula E team

LONDON: Vodafone Group will be the official communication partner of Porsche Motorsport when the automobile manufacturer enters the 2019/2020 ABB FIA Formula E Championship. Formula E is the first fully-electric…

NNR August 29, 2019

Canadian Exchange Singapore Exchange

Tullow announces termination of farm-down agreement with Total and CNOOC in Uganda

LONDON: Tullow Oil announced it has been informed that its farm-down to Total and CNOOC will terminate at the end of 29 August 2019, following the expiry of the Sale…

NNR August 29, 2019

Australian Exchange

Pakistan to replace national payment gateway with state-of-the-art Automated Transfer System

KARACHI: Government of Pakistan has planned to upgrade and replace the existing central bank operated national payment gateway and payment system i.e. Real Time Gross Settlement System (RTGS) with a…

NNR August 29, 2019

Canadian Exchange

Pakistan’s overall electricity generation increase 3.0 percent in July 2019

KARACHI: Pakistan’s overall electricity generation increased 3.0 percent to 14,231 Gwh in July 2019 as against 13,751 Gwh in the corresponding period last year, official data released on Thursday suggests.…

NNR August 29, 2019

Australian Exchange

Negative implications and downgraded credit ratings of National Insurance Company

SINGAPORE: AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C (Weak) from C++ (Marginal) and the Long-Term Issuer Credit Rating to…

Chenos Kahn August 28, 2019

Australian Exchange

AM Best downgrades credit ratings of Oriental Insurance Company Limited

SINGAPORE: AM Best has downgraded the Financial Strength Rating (FSR) to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb-” from “bbb+” of Oriental…

NNR August 28, 2019

NewsnReleases

Luxfer Holdings to be acquired by Wynnchurch Capital in all-cash deal

Morgan Stanley acquires Australian gas pipeline operator Epic Energy

Tavistock acquires AI tech firm, Plus Group of Companies for £6.4 million

Vysarn Limited announces capital raise and acquisition of Welltech

Serica Energy to acquire Pharos Energy in $145.7 million cash deal

Microsoft harnessing power of cloud to accelerate Pakistan’s digital transformation journey

Pakistan’s oil sales slide to multi year lows in Aug-19

JLEN Environmental Assets Group acquires an anaerobic digestion plant

Dechra Pharmaceuticals acquires Ampharmco LLC for $30mn

Oakley Capital announces investment in leading design company Alessi

DGO to acquire assets in the State of Ohio from EdgeMarc Energy Holdings

Vodafone group to sponsor Porsche Formula E team

Tullow announces termination of farm-down agreement with Total and CNOOC in Uganda

Pakistan to replace national payment gateway with state-of-the-art Automated Transfer System

Pakistan’s overall electricity generation increase 3.0 percent in July 2019

Negative implications and downgraded credit ratings of National Insurance Company

AM Best downgrades credit ratings of Oriental Insurance Company Limited

Luxfer Holdings to be acquired by Wynnchurch Capital in all-cash deal

Morgan Stanley acquires Australian gas pipeline operator Epic Energy

Tavistock acquires AI tech firm, Plus Group of Companies for £6.4 million

Vysarn Limited announces capital raise and acquisition of Welltech