Reece Limited is a publicly-listed Australian company, and the country’s largest supplier of plumbing and bathroom supplies. Established in 1920, the company has businesses focused on the plumbing, bathroom, building, civil, irrigation, heating, air conditioning and refrigeration industries. Reece employs approximately 8,000 people and operates 800 branches that supply more than 300,000 products. The company…
Reckon Limited
Reckon Limited is an Australian software company that provides desktop and cloud-based accounting software for accountants, bookkeepers, small to medium businesses, and personal users. The company has offices in Australia, New Zealand, the United Kingdom, and the United States. Reckon is listed on the Australian Securities Exchange. Reckon has over 600,000 businesses using its software…
REA Group Ltd
REA Group Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company headquartered in Melbourne, Australia. The REA Group is a public company listed on the Australian Stock Exchange (ASX: REA), and had A$108 million in FY07 revenue. REA Group is majority-owned by News Corp Australia,…
Raiz Invest Limited (formerly Acorns)
Raiz Invest Limited (formerly Acorns) is an Australian financial technology company operating in Australia, Indonesia and Malaysia. It is listed on the Australian Securities Exchange (ASX:RZI). It allows Australian customers to micro-invest the remaining round up of everyday purchases in exchange traded funds. The service currently has 274,049 monthly active users with $498.11 million funds…
NetCents Technology upsizes its credit facility to $2 billion
VANCOUVER: NetCents Technology Inc., the transactional hub for all cryptocurrency payments, has upsized its credit facility from USD1.4 Billion to USD2.0 billion, a news release noted. The company has made this move to facilitate continued merchant growth; credit card launch and white label projects. NetCents is preparing for rapid growth in the cryptocurrency space specifically…
EV Battery Tech bringing blockchain technology to the battery industry
VANCOUVER: Extreme Vehicle Battery Technologies Corp. announced that it is bringing its proprietary blockchain technology to the battery industry. The Company’s blockchain platform, which was originally designed for use in the financial markets, has strong tracking and control features related to customer, operator, and intellectual property data verification. The technology also provides distribution and billing…
Pac-12 announces a multi-year partnership with Pacific Seafood
SAN FRANCISCO: Pac-12 has announced a multi-year partnership with Pacific Seafood, which would be official meat and seafood provider of the Pac-12 Conference, a news release noted. One of the largest seafood companies in the country, Pacific Seafood will now serve as the Official Meat and Seafood Provider of the Pac-12 Conference. The partnership begins…
Midwest Retail Properties acquires Walmart-anchored retail center in North Carolina
HICKORY: Midwest Retail Properties (MRP) has acquired Shoppes at Hickory, a Walmart-Anchored Shopping Center in Hickory, North Carolina, a news release noted. Shoppes at Hickory is 22,195 square feet and 100% occupied with tenants such as Heidi Uniforms, SafGard Shoe Company, and Complete Laser Clinic. The property is located off Highway 70 in a busy…
Bill & Melinda Gates Foundation funds Icosavax’s COVID-19 vaccine program
SEATTLE: Icosavax Inc. announced that the Bill & Melinda Gates Foundation has provided a $10 million grant to support the company’s COVID-19 vaccine program through the first in human Phase 1 clinical trial in young and older adults, expected to initiate in mid-2021. In addition, Icosavax received $6.5 million from Open Philanthropy to support development…
Helios Technologies upsizes credit facilities to $900 million
SARASOTA: Helios Technologies has announced that effective October 28, 2020 the company has entered into a $900 million senior secured credit agreement, which is inclusive of a $300 million accordion feature. Helios’s senior secured credit agreement was provided by a syndicate led by PNC Bank. The five-year agreement amends the Company’s previous credit agreement and…
U.S. Federal Trade Commission approves proposed combination of Mylan and Upjohn
NEW YORK: Mylan N.V. and Pfizer Inc. announced that the U.S. Federal Trade Commission (FTC) has approved the proposed combination of Mylan and Pfizer’s Upjohn Business. The parties have now obtained all required antitrust clearances for the proposed transaction. The combination will be effected through a Reverse Morris Trust transaction, pursuant to which Upjohn Inc….
Arendals Fossekompani acquires Kontali Analyse, establishes Alytic
ARENDAL: Arendals Fossekompani, a green-tech investment company, has signed an agreement to buy a 71 percent stake in Kontali Analyse, a news release noted. “We are excited to have Arendals Fossekompani become the majority shareholder. Supported by the digital competence and financial capabilities of AFK, Kontali will be able to accelerate the digital transformation of…