AMSTERDAM: Veon Ltd. (NASDAQ: VEON), a leading global provider of connectivity and internet services, announced its intention to move its group parent company to the United Kingdom, with the introduction of a newly formed UK incorporated public limited company as the top holding company of the Veon Group. It is expected that the new UK…
An Easy Guide To Choosing The Perfect Coffee Packaging Solution
The process of packaging is what has made industrialization possible. It started with the industrial revolution when machines became faster, and industrialists wanted to transport their goods without having too much damage done to them. The same goes for coffee packaging, where choosing the right one for your specific coffee business is a must. It…
What are the prices of Toyota, Honda, Suzuki & KIA cars for 2022
Pakistan’s automobile companies manufacturing Japanese and Korean brands revised prices of their cars after the government imposed certain taxes through the Finance Supplementary Act, 2022. Prices of imported cars and used vehicles have also increased. Here are the details of increase and the revised prices for 2022 of cars of all variants of Japanese and…
Easypaisa partners GrocerApp and launches app for grocery delivery
KARACHI, PAKISTAN: Easypaisa, the country’s leading digital payments platform has recently partnered with GrocerApp to provide its users with a unique app for grocery delivery. The partnership was finalized by the CEO GrocerApp, Ahmad Saeed and Business Head, Easypaisa, Omar Moeen Malik. Easypaisa is increasingly diversifying its portfolio of payment services to offer more ease…
Fagron N.V has acquired Letco Medical for $34 million
BRUSSELS, BELGIUM: Fagron N.V. has acquired Letco Medical for an acquisition price is US$ 34 million. Letco is a supplier of pharmaceutical raw materials, supplies and equipment for compounding in the USA with expected sales of approximately US$ 40 million and an expected EBITDA margin of around 11% in 2021. Fagron also sold 80% of…
Oman Insurance Company bags ‘Insurer of the Year – Overall’ Award at MENA IR 2022 Awards
DUBAI: Oman Insurance Company received ‘Insurer of the Year – Overall’ award at the prestigious MENAIR 2022 Awards. The company was recognized for providing excellent customer service, introducing new, innovative and sustainable solutions, and raising the bar in terms of its product depth, features and value proposition. The event recognized various other insurance companies across…
Ørsted appoints Daniel Lerup as the next Group CFO
COPENHAGEN, DENMARK: Ørsted’s Board of Directors appointed Daniel Lerup as the next Group Chief Financial Officer (CFO) and member of Ørsted’s Executive Committee as of 8 April 2022. Daniel Lerup is currently Senior Vice President, Head of Commercial and EPC & Operation Finance at Ørsted and has worked for Ørsted since 2009. The appointment follows…
Etteplan acquires Syncore Technologies to strengthen position in Sweden
ESPOO, FINLAND: Etteplan Oyj has acquired Syncore Technologies AB, a technology services company focusing on embedded systems. This will strengthens Etteplan´s embedded systems project business in Sweden. The acquisition is in line with Etteplan’s growth strategy as it complements our expertise and increases our international presence. As part of the financing of the transaction, Etteplan…
Fortescue Future Industries to acquire interest in Sparc Hydrogen
SYDNEY, AUSTRALIA: Sparc Technologies Limited (ASX: SPN) has entered into binding Agreements with global green energy company Fortescue Future Industries (FFI) (100% subsidiary of Fortescue Metals Group, ASX: FMG) and the University of Adelaide, forming the Sparc Hydrogen Joint Venture. The transaction is the formalisation of the joint venture announced to the ASX on 27…
DORE acquires operational 46 MW onshore wind project in Sweden
LONDON, UK: Downing Renewables & Infrastructure Trust plc (DORE) has completed the acquisition of an operational 46 MW onshore wind project located in north east Sweden for a total consideration of approximately EUR 23.8 million (c.£19.8 million). The acquisition has been funded on an ungeared basis using the group’s cash resources. The wind farm is…
British Land acquires site in North London for £157 million
LONDON, UK: British Land has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February. This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings. It is well located within the…
Data shows SARS-CoV-2 human challenge studies safe in healthy young adults
Open Orphan plc (AIM: ORPH), a rapidly growing specialist contract research organisation (CRO) and world leader in testing infectious and respiratory disease products using human challenge clinical trials, announces the results from the world’s first COVID-19 characterisation study, which was a partnership between hVIVO, Imperial College London, the Vaccine Taskforce and Department of Health and Social Care…