DUBAI, UAE: Oman Insurance Company announced that it has completed the sale of its insurance operations in Turkey to VHV Reasürans, Istanbul/Turkey, a company of VHV Group, Hannover/Germany. This transaction represents a continuation of Oman Insurance’s transformation and simplification strategy with the objective to focus company’s resources on specific markets and segments. Jean-Louis Laurent Josi, CEO of…
Greencoat Renewables to acquire the 134.4MW Ersträsk North Wind Farm
DUBLIN, IRELAND: Greencoat Renewables Plc, the renewable infrastructure company invested in euro-denominated assets, announced an agreement to acquire the 134.4MW Ersträsk North wind farm in Norrbotten County, Sweden from Enercon on a forward sale basis. The wind farm is currently under construction and is expected to be fully commissioned in Q4 2023. Once operational, Enercon…
Literacy Capital completes acquisition of Halsbury Travel
LONDON, UK: Literacy Capital has completed its acquisition of Halsbury Travel, and subsequent growth capital investment. Halsbury is a travel agency that specifically focuses on organising trips for UK schools. Alex Williamson has been appointed to the Board as Non-Executive Director, bringing a wealth of experience in both the Education and Travel sectors. The Company…
Barclays Bank UK to acquire Kensington Mortgage Company for £2.3 billion
LONDON, UK: Barclays Bank UK has agreed to acquire UK specialist mortgage lender Kensington Mortgage Company Limited (KMC) from companies controlled by funds managed by Blackstone Tactical Opportunities Advisors L.L.C. and funds affiliated with Sixth Street Partners LLC, a news release said. The transaction is subject to regulatory approval and is expected to complete in…
Essentra plc sells packaging business to Mayr-Melnhof for £312 million
LONDON, UK: Essentra plc announced the disposal of ESNT Packaging & Securing Solutions Limited and Essentra Packaging US Inc and their respective subsidiary companies to Mayr-Melnhof Group (MM) for a cash consideration of £312 million, a statement noted. Mayr-Melnhof Group (MM) is the a leading producer of carton board and folding cartons based in Austria….
Rex Airlines signs major travel agency groups to jack up domestic revenues
SYDNEY, AUSTRALIA: Rex Airlines today has signed multiple agreements with major travel agency groups in the month of June 2022. This includes agreements with Flight Centre, Helloworld, Webjet, Consolidated Travel and Corporate Travel Management. In particular, Rex has signed a landmark 10-year agreement with Flight Centre which ensures that Rex will be Flight Centre’s partner…
Automaker Stellantis acquires 8% shares in battery maker, Vulcan Energy
SYDNEY, AUSTRALIA: Vulcan Energy has agreed to sell 8% shares in the company to Stellantis N.V for A$76M (€50M). This represents the world’s first upstream investment in a listed lithium company by a top tier automaker. Stellantis will become the second largest shareholder in Vulcan, at 8% shareholding, following issue of the fully paid ordinary…
What is React? How it helps developers?
React is a declarative, efficient, and flexible JavaScript library for building user interfaces. It allows developers to create large web applications that can change data, without reloading the page. The first generation of Single Page Applications (SPA) frameworks arrived at an enterprise level. They are more rigid. React stays innovative and gets adopted by multiple…
Argo Gold files intent for oil & gas exploration and development lands
TORONTO: As a result of an increase in oil and gas prices, world energy supply issues, and the abundance of oil and gas exploration and development opportunities in Canada, Argo Gold Inc. has finalized two letters of intent to earn into oil and gas exploration and development mineral lands. The mineral lands are two separate…
Shelf Drilling signs agreement to acquire 5 jack-up rigs from Noble Corporation
DUBAI, UAE: Shell Drilling Ltd. announced that its wholly owned subsidiary Shelf Drilling (North Sea) Ltd. (“SDNS”) has entered into an asset purchase agreement to acquire five jack-up rigs from various subsidiaries of Noble Corporation for USD 375 million. Shelf Drilling contemplates to secure equity financing to raise gross proceeds of USD 130-150 million by…
6 Things You Need In Order To Start Navigating Open Waters
Are you interested in learning how to sail? It can be a really fun and rewarding experience, but it’s important to make sure that you have all the right gear before you set out. The same thing is true when it comes to starting your own business. There are a lot of things that you…
How Does User Session Recording Reduce Visitor Bounce Rate?
Session recording involves tracking the activity of website visitors. Session recording includes monitoring and documenting the behavior of website visitors. Such includes the pages users see, the amount of time they spend on the site, the things they add to their shopping carts, mouse clicks and scrolls, and their overall behavior while using your website….