LONDON: Botswana Diamonds has concluded the processing of two bulk samples taken from the Marsfontein diamond development project in the Limpopo Province of South Africa. The samples comprised 58-tons of fresh high-interest kimberlite and 62-tons of kimberlitic material from one of the residual stockpiles, known as ‘Dump E’. James Campbell, Managing Director commented “This bulk…
Judges Scientific acquires Heath Scientific Company for £5.3 million
LONDON: Judges Scientific, the group focused on acquiring and developing companies in the scientific instrument sector, has acquired the entire issued share capital of Heath Scientific Company Limited, a world leading maker of calorimetry instruments. The initial consideration for Heath is £5.3 million in cash. The consideration for the Acquisition has been financed from the…
Vivint Smart Home wins Gold Halo Award for outstanding corporate social responsibility
PROVO: Engage for Good, a premier social good and cause-related marketing professional organization, recognized Vivint Smart Home with the 2020 Gold Halo Award in its Group Volunteerism category. The Engage for Good Halo Awards program, now in its 18th year, is North America’s highest honor for corporate social initiatives and cause marketing. Last year, the…
Catenae Innovation signs agreement with Newcastle Premier Health
LONDON: Catenae Innovation PLC, provider of digital media and technology, has signed an agreement with Newcastle Premier Health Limited (NPH), an occupational health and wellness business based in the North East of England. Under the terms of the agreement, NPH will provide its knowhow to the Cov-ID project, a GDPR compliant identity documentation exchange system…
NSI Industries acquires electrical connectors’ manufacturer Polaris Electrical
HUNTERSVILLE: NSI Industries LLC, announced the acquisition of electrical connectors manufacturer Polaris Electrical Connectors Inc., an Odessa, Florida-based market leader of American-made pre-insulated multi-tap connectors. NSI Industries is a leading provider of electrical products covering over 25 product categories. The acquisition cements a long-standing partnership between NSI Industries and Polaris, supplementing the strong organic growth…
SG Recruitment to supply hand sanitizer to UK Government
LONDON: SG Recruitment Limited has signed a contract to supply hand sanitizer to the Department of Health & Social Care & NHS England. The Company expects this contract to generate additional gross margins of approximately £650,000 for the Company during the current financial year. The contract is for an initial 11 week period with an…
Nassau Cruise Port Limited decides $150mn private bond offering
LONDON: Global Ports Holding, the world’s largest independent cruise port operator, announced that following discussions with its advisors and a review of the order book, Nassau Cruise Port Limited (NCP) has decided to issue its private bond offering for a total offering of $150 million. Nassau Cruise Port (NCP) is 49% owned by Global Ports…
InfraStrata to acquire FSRU Project in northwest England
LONDON: InfraStrata plc has entered into a term sheet with West Face Long Term Opportunities Global Master L.P. for the acquisition of Meridian Holdings Co., under which sits the proposed Floating Storage and Regasification Unit Project (FSRU), located in Barrow-in-Furness, northwest England. The proposed FSRU Project will be the UK’s first to be developed and…
Primary Health Properties announces forward funding acquisition of new primary care centre
LONDON: Primary Health Properties PLC, one of the UK’s leading investors in modern primary healthcare facilities, has contracted to provide development funding for the construction and acquisition of a purpose-built primary care centre in Arklow, Co. Wicklow, Ireland for an anticipated total cost of €18.0 million. Agreements for lease for an initial term of 30…
S&P Global Ratings upgrades its ratings for ContourGlobal PLC
LONDON: S&P Global Ratings (S&P) has upgraded the ContourGlobal PLC (CG) issuer credit rating to ‘BB’ from ‘BB-‘, its subsidiary ContourGlobal Power Holdings (CGPH) to ‘BB’ from ‘BB-‘, and the CGPH senior secured debt to ‘BB+’ from ‘BB’. The Rating Outlook is Stable. According to S&P, the upgrade to ‘BB’ from ‘BB-‘ reflects CG’s stable…
SGX reduces licence agreement with MSCI from February 2021
SINGAPORE: Singapore Exchange (SGX) reaffirmed its commitment to providing market participants with a single platform to trade and risk-manage Asia across asset classes, as it reduces its licence agreement with MSCI Inc. This comes on the back of a decision between MSCI and SGX to let SGX’s licence agreement with MSCI, other than for MSCI…
Oilex Limited to sell Cooper Eromanga Basin assets to Armour Energy
PERTH: Oilex Limited has signed a conditional binding Heads of Agreement (HOA) with Armour Energy Limited for the proposed sale of all of its interests in the Cooper-Eromanga Basin to Armour. Subject to the terms of the HOA, it is intended that Armour will acquire 100% of the issued capital of CoEra Limited (CoEra), a…