OLDWICK: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of M&C General Insurance Company Limited (M&C General) (Castries, St. Lucia). The outlook of these Credit Ratings is stable. The ratings reflect M&C General’s balance sheet strength, which AM Best categorizes as very strong, as…
Vodafone Qatar partners with Microsoft on collaborative solutions for remote business teams
DOHA: Vodafone Qatar has partnered with Microsoft Qatar to promote digital services and support businesses of all sizes to work remotely. The partnership includes a set of workplace solutions to work and collaborate remotely through Microsoft 365 including Microsoft Teams. Vodafone Qatar is currently offering the first six-months free of charge on selected packages to…
Sienna appoints Triolab exclusive distributor in Sweden
MELBOURNE: Sienna Cancer Diagnostics announced the appointment of Triolab AB as its exclusive distributor in Sweden. The distribution agreement grants Triolab AB the right to sell Sienna’s hTERT product to Swedish pathology laboratories where it can be used as an adjunct in urine cytology assisting pathologists in their diagnosis of bladder cancer, of which there…
Waterco enters into agreement to purchase the business of Automated Pool Products
PERTH: Waterco Limited has on 2 June 2020 entered into an agreement to purchase the business of Automated Pool Products Pty Ltd (APP). The Company has entered into the agreement to purchase the business of APP as part of its strategy to increase its market share (especially in Western Australia and Queensland). The purchase price…
Nvoi Limited completes acquisition of global HR tech business JXT
SYDNEY: Nvoi Limited confirmed that it has completed its acquisition of the JXT business and associated key assets. Group CEO JXT Raife Watson said, “We have already commenced driving our strategy forward, having engaged with a large proportion of the JXT customer base since the acquisition was announced. We are looking forward to providing them…
Zip acquires of US buy now pay later player, QuadPay
PERTH: Zip Co Limited accelerates its global expansion with the acquisition of US Buy Now Pay Later player, QuadPay. Zip also announced capital raise. “From the start, we’ve been on a mission to bring fairer, faster, more flexible ways to pay to as many people as possible,” a statement said. “Joining forces with QuadPay extends…
MeMed receives CE Mark in Europe for use of its pioneering technologies
HAIFA: MeMed Ltd., a leader in host response-based solutions, announced that it has received a CE Mark in Europe for use of its diagnostic test MeMed BVand point-of-need platform MeMed Key. “At its core, MeMed is about decoding the signals of the host-immune response to help physicians make better informed decisions that improve patients’ lives,”…
Aega to acquire 1.0 MWp solar plant in Sardinia
OSLO: Aega ASA has through a wholly-owned subsidiary signed a preliminary agreement to acquire a 1 MWp solar plant in Sardinia. The parties expect to sign the final acquisition agreement before July 31st. The target, Villapiana Fotovoltaico S.r.l. has an agreed enterprise value of MEUR 1.9. Aega plans to fund the acquisition with cash. An…
Laurent C. Therivel appointed President & CEO of U.S. Cellular
CHICAGO: U.S. Cellular announced that Laurent C. Therivel will be appointed President and Chief Executive Officer, effective July 1, 2020. Kenneth R. Meyers will be appointed to “Senior Advisor to the CEO” until his retirement on September 4, 2020. Meyers and Therivel will work closely to ensure a smooth transition period. Therivel will also be…
Vow’s subsidiary wins Euro 0.7 million contract in Italy for sterilization of medical herbs
OSLO: Vow’s subsidiary ETIA has been awarded a Euro 0.7 million contract in Italy with its technology Safesteril to sterilize and debacterize medical herbs. The ETIA Safesteril is an innovative steam sterilization process for spices, herbs, dehydrated vegetables, food, and other pharmaceutical ingredients. With growing health awareness and worldwide medical plants market expansion, the volume…
Zwipe appoints new Executive Vice President Strategy & Channels
OSLO: Zwipe AS announced that Bishwajit Choudhary has accepted the position of Executive Vice President Strategy & Channels at Zwipe, commencing 2 June 2020. He will lead Zwipe’s engagement efforts towards banks, global and domestic card schemes, selected retailers and other important payments ecosystem stakeholders. Based in Oslo, Mr. Choudhary brings two decades of experience…
Hawaii American Water acquires Waimea Wastewater Company
HAWAII: Hawaii American Water acquired the assets and operations of the Waimea Wastewater Company Inc., and is the new wastewater service provider for those customers. Located on the Big Island of Hawaii, Waimea Wastewater Company is a regulated wastewater utility that serves approximately 217 residential and commercial connections, including North Hawaii Community Hospital and the…