DUBLIN: Greencoat Renewables PLC, the renewable infrastructure company invested in euro-dominated assets, has completed the acquisition of a 51.9MW portfolio of wind farms in France. Following the acquisition, Greencoat Renewables’ total installed capacity will increase to 528.1MW. The previously announced deal marks the Company’s first acquisition in Continental Europe, in line with its strategy to…
Charlotte’s Web acquires Abacus Health Products
BOULDER, COLO: Charlotte’s Web Holdings has acquired all the issued and outstanding subordinate voting shares of Abacus Health Products. All the outstanding proportionate voting shares of Abacus were converted into Abacus shares prior to closing of the Arrangement. Pursuant to the Arrangement, holders of Abacus Shares received 0.85 of a common share of Charlotte’s Web…
Argo Gold acquires Talbot Lake gold project
TORONTO: Argo Gold Inc. has entered into a mining claim acquisition agreement with Denison Mines Inc. pursuant to which Argo Gold can acquire a 100% interest certain mineral claims located near Talbot Lake, in the Pickle Lake area of the Patricia Mining District in exchange for an aggregate of $135,000 cash and 1,350,000 common shares…
Aqua Bio Technology forms partnership with Canadian skincare products developer
OSLO: Aqua Bio Technology (ABT) has entered into a strategic partnership with DCP Dermoscience of Canada. The cooperation includes worldwide distribution rights for several DCP skincare products and joint development of new products. DCP Dermoscience is a Quebec based cosmetics company developing and manufacturing natural skincare products. The company has developed and manufactured products for…
Funcom announces new game Metal: Hellsinger
BADHOEVEDORP: Funcom SE has announced “Metal: Hellsinger”, a First Person Shooter (FPS) and one of the “not yet revealed games” mentioned in the 4Q19 presentation 28 February 2020. “This gives the player an incentive to stay on beat, because the experience becomes so intense and so powerful that you want to keep it that way,”…
Ocean Yield ASA forms joint venture with Aker Capital AS
OSLO, NORWAY: In order to strengthen the balance sheet, Ocean Yield ASA has entered into an agreement with Aker Capital AS, whereby Aker will acquire from Ocean Yield 50% of 7 tankers with long-term charters. The Joint Venture (JV) will own four LR2 product tankers with long-term charter to the Navig8 Group and three suezmax…
Freehill Mining signs binding agreement for Acquisition of El Dorado Project
PERTH: Freehill Mining Limited’s wholly owned subsidiary, San Patricio Mineria SpA has executed a formal binding agreement with the vendor of the 750 hectare El Dorado Project, Minera El Dorado SCM, which grants San Patricio a three-month option to purchase these tenements that directly adjoin Freehill’s 67Mt Yerbas Buenas magnetite project. El Dorado Project is…
Flexiroam data plan awarded as benefits to select Mastercard cardholders
SYDNEY: Flexiroam Limited announced that in a landmark partnership with Mastercard, the Flexiroam global data plan is now offered for the first time as benefits to cardholders, with select cardholders in Taiwan as the first beneficiaries of the program. Eligible Mastercard cardholders will be rewarded with five days of global roaming data of up to…
Commercial Bank of Dubai opens up to foreign investors
DUBAI, UAE: Commercial Bank of Dubai, one of the leading banks in the UAE, announced that the bank is allowing foreign investment into its shares. The bank has set a Foreign Ownership Limit (FOL) of 40% after completion of all regulatory formalities following the shareholders’ approval obtained during the Annual General Assembly Meeting of 11…
Tritech awarded S$23 million consultancy contract by the Land Transport Authority
SINGAPORE: Tritech Consultants Pte Ltd, wholly-owned subsidiary of Tritech Group Limited, has been awarded a S$23.0 million contract for Jurong Region Line (Phase 1) by the Land Transport Authority (LTA) Contract is for the design and construction of elevated Hong Kah Station (JS4) and Corporation Station (JS5) and approximately 3km of elevated MRT Viaduct. Contract…
CapitaLand enhances safety across its business parks in India
SINGAPORE: CapitaLand, one of Asia’s largest diversified real estate groups, is stepping up cleaning and adopting contactless technologies across its nine business parks in India to continue to provide a safe environment to tenants and employees amid the COVID-19 pandemic and beyond. The multi-layered measures are designed to minimise contact amongst people and surfaces, building…
Marco Wirén appointed Chief Financial Officer of Nokia; Kristian Pullola to step down
ESPOO, FINLAND: Nokia has appointed Marco Wirén as CFO of the company and member of the Group Leadership Team, replacing current CFO Kristian Pullola. Wirén will join Nokia on September 1, 2020. “I am pleased that Marco will be joining us to take the reins of Nokia along with our future CEO, Pekka Lundmark,” said…