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…
SGX launches Singapore Single Stock Futures and signs MSCI Singapore licence agreement
SINGAPORE: Singapore Exchange (SGX) today announced that it will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020, in response to growing client demand for a broader suite of Singapore-linked equities products. The list of underlying securities for the SSFs are Comfortdelgro, DBS, Genting, Keppel, OCBC, Singtel, Thai Beverage, UOB, Wilmar and Yangzijiang…
Altona signs MoU to acquire rare earth mining project in Chambe Basin, Malawi
LONDON: Altona Energy has entered into a Memorandum of Understanding (MoU) with mining consultancy company, Akatswiri Mineral Resources, to acquire a majority stake in a rare earth mining project in the Chambe Basin, Mulanje in Southern Malawi. Akatswiri is currently the 100% owner of Akatswiri Rare Earths Pvt Ltd, a Malawi registered company, which has…
Rambler enters into a short-term financing agreement with Aether Real Assets Co-Investment
LABRADOR: Rambler Metals and Mining plc has entered into a short-term financing agreement with Aether Real Assets Co-Investment. The Aether Bridge Loan is an unsecured loan for a total of US$1,000,000, will bear interest at a rate of 10% per annum, and will mature on 5 October 2020 . Interim repayments will be required on…
WANdisco secures global reseller agreement
LONDON: WANdisco, the LiveData company for machine learning and AI, has secured a global reseller agreement with a large global systems integrator (GSI). The GSI is a leader in digital services and consulting. The customer will have access to WANdisco’s full suite of solutions and use these to build its own data migration practice for…
Highland Gold Mining agrees to sell Kayen for $15 million plus royalty
LONDON: Highland Gold Mining Limited has entered into an agreement for the sale of the Kayenmivaam (Kayen) licence for cash consideration of US$15 million plus a royalty. Kayen is an early-stage gold exploration property covering 1,214 square kilometres in the Chukotka region of Russia. Highland Gold received the licence as an add-on to the Valunisty…