MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Texas Roadhouse property for $3.8 million. The property is located in a strong retail corridor in Illinois and is occupied under a triple-net lease with the corporate operator. The lease has approximately 15 years of term remaining. The transaction was priced at a…
Intel appoints Saf Yeboah-Amankwah as Senior Vice President and Chief Strategy Officer
SANTA CLARA: Intel Corporation has announced the appointment of Safroadu (Saf) Yeboah-Amankwah as senior vice president and chief strategy officer, effective November 1, 2020. Yeboah-Amankwah will be responsible for the global strategy office, including Intel Capital, and will work with the executive team on developing and driving growth-oriented strategies. Yeboah-Amankwah will report to CEO Bob…
Acromec acquires remaining 40% stake in Golden Harvest
SINGAPORE: Acromec Limited has acquired the remaining 40% equity interest in Golden Harvest Engineering Pte Ltd for a cash consideration of S$0.55 million, completing its earlier 60% acquisition in 2016. Following ACROMEC’s acquisition of the remaining 40% stake, Golden Harvest will be a wholly-owned subsidiary of the Company. Golden Harvest is an engineering firm whose…
Elite Commercial REIT’S primary tenant UK government’s DWP in expansion mode
SINGAPORE: Elite Commercial REIT Management , the manager of Elite Commercial REIT provided an update on its primary tenant, the United Kingdom (UK) Government’s Department Of Work And Pensions (DWP)’s operations and activities, in light of recent developments in the UK. The portfolio of properties is facing an increase in demand for its office space,…
Sezzle partners with Ally Lending
MINNEAPOLIS: Sezzle Inc. announced its business partnership with Ally Lending, the B2B2C lending arm of Ally Bank, the banking subsidiary of Ally Financial. Ally Financial is a leading digital financial services company with US$184.1 billion in assets as of June 30, 2020. Ally Lending enables monthly fixed-rate installment-loan products that extend up to 60 months…
Wellfully signs Victoria Beckham for its RÉDUIT brand
SYDNEY: Wellfully Limited has signed a content partnership for its RÉDUIT brand with one of the world’s most reputable fashion and celebrity labels, Victoria Beckham, a news release said. The collaboration will enable RÉDUIT to continue its brand awareness growth strategies and instill credibility by way of association with a globally renowned name. The alliance…
Carly launches car subscription with Turners in New Zealand
SYDNEY: Turners Automotive Group, Collaborate Corporation’s third largest shareholder, has launched Turners Subscription in New Zealand. The car subscription proposition is supported by the Carly subscription platform under a licensing agreement and follows Turners’ $1 million strategic investment in Collaborate in July 2019. Turners has committed to supply a minimum of 200 vehicles to the…
Belgium-based fintech company Unifiedpost lists on Euronext Brussels
BRUSSELS: Belgium-based fintech company Unifiedpost began trading on Euronext Brussels (Compartment B), with an initial market capitalisation of €608 million. Unifiedpost is the second Belgian alumni of TechShare, Euronext’s pre-IPO programme, to go public. Based in La Hulpe (Belgium), Unifiedpost operates and develops a 100% cloud-based platform for administrative and financial services that allows real-time…
Hg selling A-Plan Group to Howden insurance broking group
LONDON: Hg, the Manager of HgCapital Trust plc (HGT), announced the sale of A-Plan Group (APG), one of the UK’s largest specialist insurance intermediaries, to Howden, the international insurance broking group. Hg partnered with APG in 2015, recognising the business’ best-in-class customer success model – a personal, service-oriented approach, leading to very high levels of…
Uniphar announced the acquisition of Diligent Health Solutions
DUBLIN: Uniphar plc announced its acquisition of US-based, Diligent Health Solutions (DHS), which completed earlier this week. DHS is a US-based healthcare communications company, providing enhanced contact centre services, focused on the delivery of medical information to patients, healthcare practitioners and payors. The acquisition is highly complementary to Uniphar’s footprint and present capabilities and will…
Strix signs conditional agreement to acquire LAICA
LONDON: Strix Group Plc has entered into a conditional agreement to acquire, through its newly incorporated indirect subsidiary, Strix Italy S.r.l., the entire share capital of LAICA S.p.A for an initial consideration of approximately €19.6 million. The purchase consideration comprises approximately €11.6 million in cash and €8.0 million in Strix ordinary shares, with up to…
Staffline Group appoints Albert Ellis as Chief Executive Officer
LONDON: Staffline Group has announced the appointment of Albert Ellis, currently Non-executive Director, as Chief Executive Officer with effect from 1 October 2020. Staffline is the UK’s market leading Recruitment and Training group. Albert was appointed to the Board of Staffline in March 2020 and has extensive executive level experience in the recruitment and human capital…