OSLO: Cloudberry Clean Energy AS has offered to acquire 100% of the shares in Scanvind2 AS, a company that develops the offshore wind power project “Rewind Vänern”. The project is in shallow water on the largest lake in Sweden in the vicinity of Cloudberry’s Karlstad office. The current development plan includes 16-17 turbines with an…
PCI Biotech forms research collaboration with DCprime
OSLO: PCI Biotech has announced an extensive research collaboration. Within the collaboration, DCprime and PCI Biotech will combine their know-how and technology platforms to pursue the development of novel cancer vaccination concepts based on tumour-independent antigens (TIAs). PCI Biotech is a biopharmaceutical late stage clinical development company focusing on development and commercialisation of novel therapies …
Veidekke sells property development operation for NOK 7.1 billion
OSLO: Veidekke ASA today completed the sale of its property development operation to the consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS, a news release said. In line with the agreement entered into on 16 June 2020, Veidekke has received a consideration of NOK 7.1…
Cobham Advanced Electronic Solutions appoints Mike Kahn as Chief Executive Officer
ARLINGTON: Cobham Advanced Electronic Solutions (CAES) has announced the appointment of Mike Kahn as Chief Executive Officer (CEO) effective September 1, 2020. Mike takes over from Shawn Black, who is leaving the business to pursue other opportunities. Mike has held a number of senior positions within the aerospace and defense industry, and most recently served…
Paul Tayler appointed Chief Executive of Nexeo Plastics
WOODLANDS: Nexeo Plastics announced that Paul Tayler, formerly Vice President of Europe Division, has been appointed Chief Executive Officer, effective September 1, 2020. Interim Chief Executive Officer Michael Modak will transition his responsibilities to Mr. Tayler and remain a member of the Company’s Board of Directors. A seasoned commercial business leader with extensive experience in…
Architect Equity acquires Aerospace Composites Division of AAR; renames to Aeromatrix Composites
LOS ANGELES: Architect Equity has acquired the Aerospace Composites Division of AAR Corporation, a news release said. The division is now doing business as Aeromatrix Composites but will continue to be based in Clearwater, Florida. Aeromatrix designs, fabricates and assembles composite products and solutions for customers in the commercial aerospace and defense industries. Dionisio Lucchesi,…
Americold Realty Trust acquires two cold storages for $107.5 million
ATLANTA: Americold Realty Trust has acquired a 3.2 million cubic foot cold storage facility in Tampa, FL for $25.0 million, and closed on a previously announced acquisition of AM-C Warehouses in the Dallas-Fort Worth, TX market totaling 13.8 million cubic feet, for $82.5 million, a news release said. “We are excited to announce the completion…
Smartsheet expands channel presence in Australia and New Zealand
SYDNEY: Smartsheet (NYSE: SMAR), the enterprise platform for dynamic work, today announced ANATAS, an FTS Group company, has joined Smartsheet Aligned, the company’s growing channel program which recently launched in the APAC region, as a Platinum Solution Partner. “We’re excited to be a part of the Smartsheet Aligned program and the possibilities this partnership will…
Ossur announces establishment of Ossur Japan
REYKJAVIK, ICELAND: Ossur, a global leader in prosthetic and non-invasive orthopaedic technologies has announced the establishment of Ossur Japan G.K., a new entity that will be based in Tokyo and fully operational from January 1st, 2021. Ossur Japan will be led by Mrs. Shoko Nireki, who has been leading the Japanese operations for more than…
Singapore Exchange to launch crypto indices in collaboration with CryptoCompare
SINGAPORE: Singapore Exchange (SGX) is collaborating with UK-based cryptocurrency market data provider CryptoCompare, to launch crypto indices under the SGX iEdge index suite, namely the iEdge Bitcoin Index and iEdge Ethereum Index, as the first batch of such indices. “As the world moves swiftly towards digitalisation in the creation and accumulation of wealth, digital assets…
SGX, in collaboration with HSBC and Temasek, completes pilot digital bond for Olam International
SINGAPORE: Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first digital bond issuance on SGX’s digital asset issuance, depository and servicing platform, successfully replicating a S$400 million 5.5-year public bond issue and a follow-on S$100 million tap of the same issue by Olam International. An Asia first for a syndicated…
SGX and GF Securities to promote greater connectivity between Singapore and China’s capital markets
SINGAPORE: Singapore Exchange (SGX) has signed a Memorandum of Understanding (MOU) with GF Securities Corporation, one of the leading securities brokerage houses in China, to promote greater connectivity between Singapore and China’s capital markets. The MOU was announced at the 11th Singapore-Guangdong Collaboration Council meeting co-chaired by Singapore’s Minister for Transport Ong Ye Kung and…