LUXEMBOURG: Swiss Medical Group (SMG) Holding Luxembourg S.A., announced the acquisition of CoreMedica Europe, to expand in Europe and the rest of the world. CoreMedica Europe recently made the headlines in Switzerland for combining a COVID-19 Screening Test and Immunity profile with its existing home self-collection kit that allows customers to collect a few drops…
Microsoft plans to acquire Bethesda Parent ZeniMax in a $7.5 billion deal
DUBLIN: Microsoft has announced plans to purchase ZeniMax Media Inc in a $7.5 billion acquisition deal, suggests ResearchAndMarkets.com in a news article on the video games and consoles industry. The holding company is the parent of a number of game publishers including Bethesda Game Studios, ZeniMax Online Studios, Arkane, MachineGames and Tango Gameworks. Once approved,…
Pilot Energy to acquire Royal Energy
SYDNEY: Pilot Energy Limited has entered into a definitive share sale deed to acquire 100% of the shares of Royal Energy Pty. Ltd. against 143.939million Pilot shares, a news release said. Royal Energy is a privately owned Australian oil and gas company. The Acquisition is subject to the approval of Pilot shareholders which will be…
F5 Networks appoints Elizabeth Buse to Board of Directors
SEATTLE: F5 Networks announced the appointment of Elizabeth Buse, former CEO of Monitise PLC, to its Board of Directors. Buse, 59, joins F5’s Board, effective today, and brings broad financial services industry expertise and public company board experience. With Ms. Buse’s appointment, F5’s Board expands to 12 members, 10 of whom are independent. “Elizabeth’s experience…
FCPT acquires Caliber Collision property for $3.0 million
MILL VALLEY: Four Corners Property Trust (FCPT) announced the acquisition of a Caliber Collision property for $3.0 million. The property is located in a strong retail corridor in Illinois and is occupied under a net lease with the corporate operator who recently redeveloped the property. The lease has approximately 15 years of term remaining. The…
Cipherpoint signs global reseller agreement with Nucleus Cyber Group
SYDNEY: The Cipherpoint Board announced that it has entered into a global Reseller Agreement with the US based Nucleus Cyber Group. Cipherpoint will resell Nucleus Cyber’s NC.Protect solution for data security in the cloud. This will accelerate Cipherpoint’s ability to offer products across a wide range of enterprise platforms both on premises and in hybrid…
Amentum’s affiliate to acquire DynCorp International
GERMANTOWN: Amentum Holdings LLC and DynCorp International announced a definitive agreement under which an affiliate of Amentum will acquire DynCorp. The acquisition, once finalized, will create one of the largest providers of mission critical support services, with more than $6 billion of combined revenue over the last 12 months. The combination with DynCorp will accelerate…
Marlowe acquires Morgan Fire Protection for £5.0 million
LONDON, UK: Marlowe plc has acquired Morgan Fire Protection Limited for a net consideration of £5.0 million, a news release said. Marlowe plc is the specialist services group focused on developing companies, which assure safety and regulatory compliance. Morgan Fire Protection, based in Hertfordshire, provides a range of fire safety services predominantly to SMEs in…
MediaCentral enters into affiliate partnership with Canada’s Spreads
TORONTO: Media Central Corporation has entered into an affiliate partnership with Canada’s premier online sports betting and casino gambling site Spreads. The partnership will be featured on the digital platforms of Media Central’s flagship publications NOW Magazine (NOW) and the Georgia Straight (Straight) and the Company’s specialised esports and egaming site ECentralSports.com. Each platform will…
ELOP enters into commercial agreement with Endur
OSLO: ELOP and Endur AAK have entered into a cooperation agreement for the use and delivery of ELOP’s technology. The agreement enables AAK to offer unique inspections services based on ELOP’s patented technology. ENDÚR AAK, has market-leading expertise in access technology and services such as inspection, repair and maintenance of, among other things, concrete structures….
COVID-19 highlights weaknesses in insurers’ enterprise risk management
LONDON: Reinsurance, and to some extent, insurance, has thrived on globalisation with limited barriers to entry. With this has come an increasing interconnectivity of risks between markets and participants, and the consequences of a higher risk of contagion between insurance and other sectors. As these risks have become intertwined in increasingly complex relationships, insurers cannot…
SGX named Asia-Pacific Derivatives Exchange of the Year by GlobalCapital
SINGAPORE: Singapore Exchange (SGX) has been named “Asia-Pacific Derivatives Exchange of the Year” by GlobalCapital for a seventh consecutive year, underscoring its strengths in an especially challenging environment for market infrastructure. SGX demonstrated its role as a flight-to-quality marketplace as uncertainties over COVID-19 roiled global markets. Even during the early days of the pandemic, the…