LONDON, UK: Jet East, the wholly owned US subsidiary of Gama Aviation Plc, has acquired a maintenance, repair and overhaul (MRO) hangar facility in Statesville, North Carolina, adding to its extensive coast-to coast maintenance network. The c. 90,000 sq ft facility, comprising a c. 55,000 sq ft hangar plus c. 35,000 sq ft of workshops…
Anglo American and Thyssenkrupp Steel collaborate on greener steelmaking
LONDON, UK: Anglo American has signed a memorandum of understanding with Thyssenkrupp Steel Europe to collaborate on developing new pathways for the decarbonisation of steelmaking. The collaboration will focus on joint research to accelerate the development of high-quality feedstock for lower carbon steel production, using both conventional blast furnace and direct reduction iron (DRI) steelmaking…
Agronomics signs agreement to invest up to $ 7 million in Liberation Labs
LONDON, UK: Agronomics (ANIC:LSE), the leading listed company focused on the field of cellular agriculture, has executed an unconditional subscription agreement to invest up to US$ 7 million in the US$ 20 million Seed funding round of precision fermentation contract manufacturer Liberation Labs Holdings. Liberation Labs is an early-stage company with no revenues and operating…
BrandShield Systems unveils AI solution aimed at the $3 billion NFT economy
LONDON, UK: BrandShield Systems plc (AIM: BRSD), a leading provider of cybersecurity solutions for brand oriented digital risk protection, unveiled NFT Shield, a bespoke AI solution aimed at the $3 billion NFT economy. NFT Shield is the industry’s first cybersecurity product to bring real-time intelligence and enforcement capabilities to combat digital asset fraud across major…
Greatland Gold awarded a drilling grant for Ernest Giles exploration project
LONDON, UK: Greatland Gold plc (AIM:GGP), a mining development and exploration company with a focus on precious and base metals, has been awarded a grant from the Western Australian Government to co-fund exploration drilling and mobilisation costs at its 100% owned Ernest Giles project. The grant awarded is the result of a successful application under…
Compre Group agrees to acquire subsidiary from Covéa
LONDON, UK: Compre Group Holdings Limited, the Bermuda headquartered international legacy group, has signed agreements to acquire the Irish subsidiary of Covéa, Medical Insurance Company DAC (MIC), which provided general liability insurance covering professional medical malpractice risks. MIC entered into run-off in 2015. The transaction represents a further significant step in Compre’s ambition to build…
Heartland Group to acquire Challenger Bank in Australia
AUCKLAND, NZ: Heartland Group Holdings has signed a conditional share purchase agreement for the purchase of Challenger Bank Limited from Challenger Limited (ASX: CGF). The share purchase agreement is subject to obtaining the requisite regulatory approvals. Based in Melbourne, Australia, Challenger Bank is an established authorised deposit-taking institution (ADI) which offers customers a range of…
7digital wins new contract with Pinterest
LONDON, UK: 7digital has won a new contract from visual inspiration platform, Pinterest (NYSE: PINS). With over 400 million monthly active users, Pinterest is a visual discovery engine that people around the world use to find inspiration. 7digital’s three-year contract with Pinterest is designed to support growth in content and territories as the platform expands…
valU acquires a minority stake in local fintech start-up, Kiwe
CAIRO, EGYPT: valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today its acquisition of a minority stake in local fintech start-up, Kiwe, the first youth social payment app that facilitates onboarding the unbanked segment in Egypt. Currently, EFG Hermes Finance, EFG EV Fintech, dFin Holding, and Marakez are among the firm’s existing shareholders….
Gama Aviation enters into Rotary Special Mission joint venture with Peter Bond
LONDON, UK: Gama Aviation Plc, the global aviation services provider, has entered into a joint venture with Peter Bond to pursue rotary opportunities as part of the Group’s Special Mission SBU. The Joint Venture has won its first contract to support the offshore operations of an international oil & gas customer in the southern North…
Air Liquide and Far Eastern Group to setup new semiconductor plants in Taiwan
PARIS, FRANCE: Air Liquide announced the construction of three plants in Taiwan to supply, in the framework of long-term contracts, two of the world’s largest semiconductor manufacturers with large volumes of ultra-high purity industrial gases for their leading edge fabs. Air Liquide Far Eastern, a joint venture between Air Liquide and Far Eastern Group, will…
Aramex has acquired Access USA Shipping (MyUS) for $265 million
DUBAI, UAE: Aramex PJSC, a leading global provider of comprehensive logistics and transportation solutions, has obtained all the necessary regulatory approvals and completed the acquisition of Access USA Shipping (MyUS), a global technology driven platform that enables cross-border e-Commerce, for an all-cash purchase price of approximately USD $265 million. The transaction marks Aramex’s largest acquisition…