SYDNEY: Australian Bauxite Limited’s subsidiary ALCORE Limited has executed a Memorandum of Understanding agreement (MoU) with the Japanese global trading company Sojitz Corporation (Sojitz), which owns alumina assets in Australia and other mineral resources worldwide. The MoU provides a framework under which Alcore and Sojitz will explore a potential business relationship with respect to the…
Bridgewater Bank unveils new corporate headquarters in St. Louis Park
ST. LOUIS PARK: Bridgewater Bank, a local Twin Cities bank focused on meeting the unique needs of successful individuals and entrepreneurs, today announced the opening of its new corporate headquarters – Bridgewater Corporate Center – as part of its planned expansion and relocation to the corner of Excelsior Boulevard and Monterey Drive in St. Louis…
DXN signs contract with Newcrest Mining to supply Modular EDGE Data Centre
SYDNEY: Pre-fabricated modular data centre specialist, DXN Limited has entered into contract with Newcrest Mining. Newcrest is the largest gold producer listed on the Australian Securities Exchange and one of the world’s largest gold mining companies. Matthew Madden, CEO, DXN Limited said, “We are thrilled to have secured this contract, which showcases all the value-adds…
Hologic to acquire Acessa Health for approximately $80 million in cash
MARLBOROUGH: Hologic Inc., a global leader in women’s health, has acquired Acessa Health Inc., a privately-held innovator in minimally invasive treatment for fibroids, for approximately $80 million in cash plus contingent payments based on future revenue growth. “Acquiring Acessa Health strengthens our leadership position in the GYN surgical space and broadens our fibroid treatment portfolio…
Princess Cruises announces early 2021 world cruise cancellations
SANTA CLARITA: Due to restrictions and limitations with border and port access determined by government and health authorities and the continued uncertainty of airline travel, Princess Cruises is canceling its early 2021 World Cruises and Circle South America cruises. Princess Cruises is canceling Island Princess 2021 World Cruise sailing from North America, and Pacific Princess…
Hoag and BehaVR launching first-of-its-kind virtual reality program for expectant moms
NEWPORT BEACH: Hoag Memorial Hospital Presbyterian and BehaVR announced the launch of NurtureVR, a first-of-its-kind program for expectant mothers that uses virtual reality (VR) to augment prenatal education, pain management related to pregnancy, mindfulness, and support women through postpartum care. By combining accessible, immersive technology with compassionate, mindful care, NurtureVR brings innovation to support women…
Asetek receives order for new HPC installation
AALBORG, DENMARK: Asetek A.S announced a new order from a current HPC OEM partner for a new, high-density cluster, for an undisclosed end customer. The order value is approximately USD 350,000 depending on final configuration, with delivery expected to be completed in Q4 2020. Annual group revenue guidance remains unchanged. Asetek, the creator of the…
Lucio Genovese appointed Chairman of Ferrexpo
LONDON: Lucio Genovese, an existing Non-executive Director of the Company, will today become Chairman of the Board of Ferrexpo Plc in place of Steve Lucas, who will retire from the Board and step down from the role of Chairman as previously announced following the Annual General Meeting on the 28 May 2020. Mr Genovese has…
Partners Group-led investor group to sell PCI Pharma Services
GUERNSEY: Partners Group, the Investment Manager of Princess Private Equity Holding Limited, has agreed the sale of a majority equity stake in PCI Pharma Services on behalf of its clients and alongside its investment partners Thomas H. Lee Partners and Frazier Healthcare Partners. Following the sale to private equity firm Kohlberg & Company and Abu…
Xero to acquire invoice lending platform Waddle for a total of AUD $80 million
SINGAPORE: Xero Limited has announced the acquisition of Waddle, a cloud-based lending platform that helps small businesses access capital through invoice financing. With an upfront cash payment of AUD $31 million and subsequent earnout payments based on product development and revenue milestones, of up to AUD $49 million, the total potential consideration for the purchase…
InfraStrata acquires assets of Appledore Shipyard for £7million
LONDON: InfraStrata plc, company focused on strategic infrastructure projects and physical asset lifecycle management, announced the acquisition of substantially all the assets of Appledore Shipyard located in Bideford, North Devon, to be renamed H&W (Appledore). InfraStrata has agreed to pay a total Consideration of £7million for the acquisition of substantially all the assets of Appledore….
OIO Holdings secures blockchain consulting contract from Moonstake
SINGAPORE: OIO Holdings Limited has secured business strategy and IT consulting contract worth $1 million with Moonstake Pte Ltd to further develop more staking opportunities for users on its platform, one of the latest innovations in the blockchain industry. Moonstake appoints OIO to work on extensive improvements to the user experience and user interfaces (UI/UX)of…