SYDNEY: Force Commodities Limited announced the appointment of Simon Pooley as Chief Executive Officer (CEO). Simon Pooley is a geologist with over thirty years of broad international experience encompassing roles in the corporate, mine development, operations, and exploration areas. Simon has held senior industry positions that have demonstrated leadership and management of base and precious…
Life sciences associations express concerns with CMS’ rule on medicaid value-based agreements
ANN ARBOR: BioNJ, Biocom, the California Life Sciences Association (CLSA), the HealthCare Institute of New Jersey (HINJ), Life Sciences Pennsylvania (LSPA), and the Michigan Biosciences Industry Association (MichBio) today submitted comments to the Centers for Medicare and Medicaid Services (CMS) on a notice of proposed rulemaking (NPRM) impacting value-based purchasing (VBP) agreements and other innovative…
KBRA assigns preliminary rating to Arby’s Funding LLC
NEW YORK: Kroll Bond Rating Agency (KBRA) announced the preliminary ratings to two note classes of Arby’s Funding, LLC, Series 2020-1, a whole business securitization. This transaction is the third whole business securitization (WBS) issued by Arby’s Funding, LLC (Issuer). In connection with its first securitization transaction in 2015, Arby’s Restaurant Group, Inc. contributed most…
Maxim Crane Works expands to American Heartland Region
CINCINNATI: Maxim Crane Works, the Largest Crane rental and service provider in the US, is proud to announce the addition of 3 new locations. The 3 locations will begin operations in August of 2020 and have been selected to ensure the continued support of nationwide customer base. Bryan Carlisle, CEO for Maxim stated, “Our team…
Target Engineering gets SAR 200 million contract from Saudi Aramco
DUBAI: Arabtec Holding PJSC, a leading contractor for social and economic infrastructure, announced that its wholly-owned subsidiary, Target Engineering Construction Company, has been awarded around SAR 200 million contract by Saudi Aramco for the replacement of five storage tanks at Ras Tanura Refinery in Eastern Province, Saudi Arabia. Target’s scope of works includes the replacement…
DXC Technology selling healthcare provider software business to Dedalus for $525 million
TYSONS: DXC Technology announced a definitive agreement to sell DXC’s healthcare software provider business to privately held Dedalus Group for $525 million in cash. The agreement brings together DXC’s software business for healthcare providers with Dedalus, a leading European healthcare and diagnostic software company, to create an even stronger global force in the clinical IT…
Jody Ford appointed Chief Operating Officer at Trainline Plc
LONDON: Trainline plc announced the appointment of Jody Ford to serve in the newly created role of Chief Operating Officer, effective 21st September, 2020. Jody will join the Board and report into CEO Clare Gilmartin. As Trainline continues to focus on scaling the business, the decision to appoint a Chief Operating Officer has been taken…
Modern Meat expands into Urban Fare, Western Canada’s Gourmet Supermarket Chain
VANCOUVER: Modern Meat Inc., a fast-growing plant-based meat manufacturer, announced that it will be rolling out its products into the frozen meat section and food service division of the popular Urban Fare grocery stores. Urban Fare is a subsidiary of the Overwaitea Food Group (OFG) which operates more than 160 stores under the banners of…
Planet 13 acquires 45,000 square feet of indoor cannabis cultivation facility
LAS VEGAS: Planet 13 Holdings Inc., a leading vertically-integrated Nevada cannabis company, has acquired cannabis inventory, equipment and tenant improvements, and subject to regulatory approval will acquire the Nevada cannabis licenses at a 45,000 square foot indoor cultivation and production facility in Las Vegas from West Coast Development Nevada LLC. Planet 13 is paying $1.156…
Premier Oil signs SPAs to acquire BP’s interests in the Andrew Area and its Shearwater assets for $210mn
LONDON: Premier Oil Plc has signed sale and purchase agreements (SPAs) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets, reflecting the amended terms announced by the company on 5th June. This follows the receipt of creditor approval for the BP Acquisitions. The BP Acquisitions remain conditional on…
AC Energy expands to India with $68 million 140 MWp solar farm in Rajasthan
SINGAPORE: AC Energy is set to develop Sitara Solar, a 140 MWp solar plant in India through UPC-AC Energy Solar, the company’s joint venture with UPC Solar Asia Pacific, a news release said. Marking its first major investment in India, AC Energy’s total renewables capacity will reach over 1,200 MW, in a move to further…
GSK and CureVac collaborate on vaccine and monoclonal antibody research programmes
London: GlaxoSmithKline (GSK) and CureVac announced the signing of a strategic collaboration agreement for the research, development, manufacturing and commercialisation of up to five mRNA-based vaccines and monoclonal antibodies (mAbs) targeting infectious disease pathogens. The collaboration complements GSK’s existing mRNA capabilities with CureVac’s integrated mRNA platform. mRNA (messenger RNA) technology is a rapidly progressing, cutting-edge…