MANAMA, BAHRAIN: GFH’s UK subsidiary, Roebuck Asset Management has concluded an off-market sale of a Tesco Distribution Centre in excess of $135 million. The 540,000 sq ft temperature controlled centre was originally developed by Tesco in 2010. The warehouse serves in excess of 400 supermarkets and convivence stores across the South West of England and…
Cloudbreak forms partnership to explore for oil and gas in Namibia
LONDON, UK: Cloudbreak Discovery (LSE: CDL), a leading natural resource project generator, has entered into an agreement with Ultimate Resources Canada Ltd. and Masterstroke Investments Pty Ltd. to submit a petroleum development agreement and enter final negotiations for Petroleum Exploration Licence Block 2019 in Namibia. Cloudbreak will act as a financial partner and sit on the…
CTS Ceramics Denmark buys Meggit A/s for £59 million
LONDON, UK: Meggitt Plc, a leading international engineering company specialising in high performance components and sub-systems for the aerospace, defence and selected energy markets, announced the disposal of Meggitt A/S to CTS Ceramics Denmark A/S for cash consideration of £59 million (DKK525million) subject to net debt and working capital adjustments. Meggitt A/S is a manufacturer…
GSK agrees to acquire Sierra Oncology for $1.9bn
LONDON, UK: GlaxoSmithKline plc (LSE: GSK) and Sierra Oncology Inc (Nasdaq: SRRA) have entered into an agreement under which GSK will acquire Sierra Oncology, a California-based, late-stage biopharmaceutical company focused on targeted therapies for the treatment of rare forms of cancer, for $55 per share of common stock in cash representing an approximate total equity…
Liquid Avatar launches 3D virtual gallery for NFT art sales
TORONTO, CANADA: Liquid Avatar Technologies, a global blockchain and fintech solutions company, announced the Grand Opening of 3D virtual art galleries in the Metaverse — Oasis Digital Gallery, an extended reality, immersive web experience where users can walk through and experience the look and feel of a “real” art gallery and where they can view…
HMS Networks acquires the remaining shares of Procentec B.V.
STOCKHOLM, SWEDEN: HMS Industrial Networks AB, a wholly owned subsidiary of HMS Networks AB (publ), has acquired the remaining 30% of the shares in Procentec B.V. based on pre-determined option conditions. HMS acquired 70% of Procentec on October 1st 2020, and following today’s transaction Procentec will be a wholly owned subsidiary. The Procentec offering focuses…
AMTE partners with Sprint Power and Eltrium to accelerate development of next-generation battery technologies
LONDON, UK: AMTE Power Plc, the developer and manufacturer of lithium-ion and sodium-ion battery cells for specialist market, has partnered with Sprint Power and Eltrium to accelerate the development of next-generation battery technologies to meet the growing and complex needs of the electric vehicle (EV) market. The collaboration will commence in 2022 and will aid…
Alternus Energy signs deal to acquire 228MW of Spanish solar projects
DUBLIN, IRELAND: Alternus Energy Group Plc (OSE: ALT) is set to significantly grow its presence in the Spanish solar market with the completion of definitive agreements to acquire up to 228MW across 7 solar projects from an established Spanish developer. Alternus has executed a binding purchase agreement to acquire the projects at ready-to-build (RTB) status….
eDriving signs international collaboration with Bosch Service Solutions
LONDON: eDriving, a Solera company and a leading provider of digital driver risk management solutions, today announced an exciting new international collaboration with Bosch Service Solutions, a leading provider for technology-based emergency call services and solutions, and Sfara, leading supplier of smartphone-based collision detection and personal safety technology. As a result of the collaboration, the…
Boku extends its M1ST Network with real-time payments in Thailand
LONDON, UK: Boku Inc (AIM: BOKU), a leading global provider of mobile payment solutions, announced that its M1ST (Mobile First) Payment Network has added real-time payment options for PromptPay and K PLUS in Thailand. PromptPay and K PLUS join Boku’s M1ST Payments Network, which includes over 340 payment methods in 91 countries, reaching more than…
Mode announces Bitcoin payroll partnership with Lano
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed Fintech Group, is entering into a partnership with the global payroll platform Lano, which will enable the firm’s clients to pay their UK employees a portion of their salary in Bitcoin. Lano’s platform for global teams enables businesses worldwide to hire, manage and pay talent from…
Lana Salah to lead Zinc Media’s new television label, Rex
LONDON, UK: Zinc Media Group plc (AIM: ZIN), the TV and multimedia content producer, has launched a new television label, Rex, to address the growth in popular factual and documentaries genre. This new label will be led by BAFTA-winning programme maker Lana Salah. Lana Salah joined the Group in the last few weeks as Creative…