OSLO: Gaming Innovation Group (GiG), a leading iGaming technology company, and Betgenius have signed a strategic partnership that creates a fully-integrated sportsbook and platform solution for operators in regulated markets around the world. The agreement brings together GiG’s proven platform technology with Betgenius’ end-to-end live data, trading and risk management services as a complete sportsbook….
Norwegian Air Shuttle posts significant decline in August traffic
OSLO: Norwegian’s traffic figures for August are heavily influenced by the COVID-19 outbreak and the subsequent travel restrictions and drop in demand. In August, capacity was 94% lower than last year, while the flights that were operated had a load factor of 62.1%. Compared to the same period last year: – Total capacity (ASK) decreased…
Corum announces completion of the PharmX acquisition
PERTH: Corum Group Limited announced the completion has now occurred with respect to the acquisition of 57% interest in PharmX Pty Ltd and the PharmX Unit Trust. As advised on 1 September 2020, the Consideration for the acquisition is $7.90m cash. $3.75m was paid on or before 4 September 2020 as per the agreed timetable…
Azure Minerals acquires large gold project in Kookynie
PERTH: Azure Minerals Limited has entered into an exclusive and binding agreement to acquire 100% ownership of the Barton Gold Project, a single Exploration Licence Application (ELA 40/393) from local company 30 Well Pty Ltd. Consideration for the acquisition is 1,150,000 fully paid ordinary Azure shares and A$20,000, payable upon grant of the tenement, with…
RPM Automotive Group purchases Gully Mobile Tyres
PERTH: RPM Automotive Group Limited has acquired 100% of the shares in Gully Mobile Tyres Pty Ltd (GMT) for $195,000 in shares and cash, a news release said. GMT is a well-established business, having been in existence for nearly 20 years providing specialized tyre services in Victoria. The company operates in a very specific and…
British Gas to purchase customer base of Robin Hood Energy
LONDON: Centrica plc, through its British Gas business, has agreed to acquire the energy supply customers of Robin Hood Energy Limited. Robin Hood Energy currently serves around 112,000 residential customers, and 2,600 business customers across 10,000 sites. Completion of the transaction is expected on 16 September with customers moving to British Gas over the next…
Active Energy awarded London Stock Exchange’s Green Economy Mark
LONDON: Active Energy, the international biomass based renewable energy business, announced that it has been awarded the Green Economy Mark by the London Stock Exchange (LSE). The Green Economy Mark, first introduced in 2019, highlights companies and investment funds listed on the LSE’s Main Market or on AIM that are driving the global green economy….
WPP acquires Velvet Consulting
PARIS: WPP PLC, a creative transformation company, announced today that Wunderman Thompson has acquired Velvet Consulting, a leading French customer experience consultancy. By combining marketing, data science and technology, Velvet Consulting enables its clients to better understand and communicate with consumers to deliver business growth. The acquisition supports WPP’s wider strategic transformation, a key part…
Novacyt launches two gene COVID-19 test
PARIS: Novacyt S.A, an international specialist in clinical diagnostics, has launched a CE-Mark approved polymerase chain reaction (PCR) two gene target test for COVID-19. The test, which provides an additional option to the Company’s successful single gene test, addresses the need of a number of countries which require a two gene target testing approach for…
Mercell Holding acquires leading Danish SaaS company Comcare
OSLO: Mercell Holding AS, digital platform for eTendering and eProcurement solutions in the Nordics, has acquired all of the outstanding shares in the Danish Software-as-a-Service company Comcare AS. Comcare holds a strong position in the Danish e-Procurement market and is the leading provider to Danish municipalities with a client base of 65 municipalities as well…
Managed mobility services provider in the Nordics Techstep acquires Optidev
OSLO: Techstep ASA, managed mobility services provider (MMS) in the Nordics, has entered into a binding agreement to acquire 100 % of the shares in Optidev AB to strengthen its position as the leading provider of managed mobility services (MMS) in the Nordic region. The total purchase price is SEK 200 million on a cash…
Parkway Life REIT joins FTSE EPRA NAREIT Global Developed Index
SINGAPORE: Parkway Trust Management Limited, as manager of Parkway Life Real Estate Investment Trust (PLife REIT), announced that PLife REIT will be included in the FTSE EPRA NAREIT Global Developed Index after the close of business on 18 September 2020. Yong Yean Chau, Chief Executive Officer of the Manager, said: “It is a significant milestone…