SEATTLE: Rite Aid and Bartell Drugs have entered into a definitive agreement under which Rite Aid will acquire Bartell Drugs. The transaction is expected to be accretive to Rite Aid’s adjusted earnings per share after the first 12 months following the closing of the transaction. The transaction is expected to close by the end of…
Repustar launches initiative to combat election-related misinformation on social media platforms
MENLO PARK: Repustar, a new fact-checking platform, launched a significant initiative to combat election-related misinformation, a news release said. The main goal of the initiative—dubbed #MakeFactsCount—is to recruit one thousand volunteers to monitor social media threads looking for possible misleading links or stories about voting and elections, and give them the tools to intercept the…
Nabd to provide Arabic News to Huawei smartphone users in MENA
DUBAI: Nabd, the world’s largest Arabic News Aggregator platform, has announced its strategic partnership with Huawei, whereby Nabd provides personalized Arabic content for Huawei smartphone users in the MENA region via “Huawei Assistant” and “Huawei Browser”. The new alliance between Nabd and Huawei enables the delivery of personalized Arabic newsfeeds within both Huawei Browser and…
Taubman Asia and Shinsegae Group celebrate opening of Starfield Anseong in South Korea
ANSEONG: The new Starfield Anseong, the second joint venture between Taubman Asia and Shinsegae Property, opened in Anseong, Gyeonggi Province, South Korea. The one million square foot, modern shopping, entertainment and dining destination is Taubman Asia’s fourth successful development project. It will serve as the primary mall for Anseong, one of the fastest-growing areas of…
Chevy Humphrey named President and CEO of Museum of Science and Industry Chicago
CHICAGO: The Museum of Science and Industry, Chicago (MSI) announced that Chevy Humphrey, President and CEO of the Arizona Science Center, will succeed David Mosena as President and CEO of one of the largest science museums in the world. Mosena is retiring at the end of the year after 23 years leading MSI. The first…
Kitchen United appoints Michael Montagano as Chief Executive Officer
PASADENA: Kitchen United has appointed Michael Montagano as Chief Executive Officer and newest member of the Company’s Board of Directors following two years serving as Chief Financial Officer and Treasurer, a news release said. Additionally, Joy Lai has been promoted to Chief Operating Officer from her previous position as Chief Marketing Officer. “Over the past…
J.Jill Names Claire Spofford as Chief Executive Officer
QUINCY: J.Jill Inc. announced the appointment of Claire Spofford as Chief Executive Officer, effective no later than February 15. She will also become a member of the Board of Directors. Jim Scully will remain Interim CEO to ensure a smooth transition of the role. Spofford a veteran retail executive with more than 20 years of…
Adriatic completes acquisition of Tethyan Resource Corp
PERTH: Adriatic Metals Plc has completed the acquisition of Tethyan Resource Corp., a news release said. Prior to completion of the Arrangement, Adriatic was deemed to have control and direction and beneficial ownership of 14.974 million common shares of Tethyan, representing 15.8% of the then issued and outstanding common shares of Tethyan, underlying its conversion…
Catapult lunches solutions to support American football teams as they return to play
PERTH: Catapult Group International Limited has released two new customer-facing solutions to support American football teams as they return to play, enhancing workplace flexibility and efficiency amidst new COVID-19 restrictions. The solutions provide teams with cloud-based full-resolution video analysis and a new seamless indoor-outdoor experience for American Football that allows teams to transition between global…
Johns Lyng Group appointed to Chubb Insurance panel
MELBOURNE: Johns Lyng Group has entered into a contract with Chubb Insurance Australia Limited (Chubb), one of Australia’s most well-known and established insurers. Effective from 1 October 2020, for an initial period of three years, Johns Lyng will join Chubb’s panel of builders that provide insurance building and restoration services to Chubb’s customers. “Chubb is…
Novatti continues international expansion with Emersion launching in the US
MELBOURNE: Novatti Group Limited announced that its business process automation platform, Emersion is preparing to launch in the US in Q3 this financial year. Emersion automates end-to-end business processes, including billing, collections, subscription management and embedded payments, improving customer cashflow, lowering costs, and freeing-up businesses to focus on their customers. The quality of its products…
Indonesian PT Win to acquire Asiamet Resources’ wholly-owned subsidiary Indokal Limited
LONDON: PT Wasesa Indo Nusa (PT WIN), an Indonesian private company, has agreed to acquire Asiamet Resources’ wholly-owned subsidiary Indokal Limited. Indokal holds the Kalimantan Surya Kencana Contract of Work (KSK CoW), including the BKM Copper Project, located in Central Kalimantan, Indonesia. As part of the Proposed Transaction, PT WIN will also acquire Aeturnum Energy…