SINGAPORE: Suntec REIT has entered into a sale and purchase agreement with Canada Pension Plan Investment Board to acquire a 50% interest in two Grade -A office buildings (Nova Properties) with ancillary retail for an agreed value of £430.6 million. The properties include Nova North, Nova South and The Nova Building or collectively known as…
Suntec REIT
Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore’s largest integrated commercial development (including one of Singapore’s largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the …
NIC secures contracts in Florida and Iowa for payment processing and digital government solutions
OLATHE: NIC Inc. has won new multi-year contracts with the states of Florida and Iowa following competitive bid processes, a news release said. “We are excited by the confidence Florida and Iowa have placed in NIC solutions as we continue to expand our payment processing and digital government services across the country,” said Harry Herington,…
BrightView acquires Commercial Tree Care Inc.
BLUE BELL: BrightView Holdings Inc. has announced the acquisition of Commercial Tree Care Inc. (CTC), a full-service tree care company based in San Jose, Calif. The purchase of CTC followed the sale of BrightView Tree Company to Devil Mountain Nursery of San Ramon, Calif. Terms of the transactions were not disclosed. Founded in 1992, CTC…
Heritage Cannabis announces the acquisition of Opticann Inc.
TORONTO: Heritage Cannabis Holdings Corp. has completed its acquisition of all of the issued out outstanding securities of Opticann Inc., a Colorado based oral and topical cannabinoid company. Opticann has the rights to exclusively sell CBD and CBG products made with the patented VESIsorb drug delivery system for optimized absorption and stability. “Bringing Opticann on…
Rite Aid to acquire Bartell Drugs
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…