OSLO, NORWAY: Cool Company Ltd. announced that the first of its eight acquisitions of modern LNG tankers from Golar LNG Limited was completed on 3 March, 2022. The vessel acquisitions were announced on 15 December 2021, cfr. Golar’s press release of such date. Final terms for the acquisition were agreed and documented between the parties…
KR1 plc invests $7.0mn into Zee Prime II, a cell of Sigil PCC Limited
LONDON, UK: KR1 plc (AQSE: KR1), a leading digital asset investment company, has invested a total of $7.0 million into Zee Prime II, a cell of Sigil PCC Limited, as part of the fund’s capped $35 million fundraise. Zee Prime II is a specialised digital asset investment fund launched by Zee Prime and Sigil PCC…
PetroTal reduces production due to protests at its loading dock
HOUSTON, TEXAS: PetroTal Corp. (AIM: PTAL) has reduced production to ensure field safety and manage storage levels due to social protests at PetroTal’s loading dock. On February 28, 2022 a small group from the Asociación Indígena de Desarrollo y Conservación de Bajo Puinahua (AIDECOBAP) commenced gathering outside the Bretana oilfield that led to access to…
Mutares submits offer to acquire Vallourec Bearing Tubes
MUNICH: Mutares SE & Co. has signed a put option to acquire Vallourec Bearing Tubes (VBT) from Vallourec. The company will strengthen the Engineering & Technology segment as a new platform investment. The closing of the transaction is expected in the second quarter of 2022 after consultation of the works councils and subject to approval of the…
Sovereign Metals signs offtake MOU for rutile sales to the welding sector
SYDNEY, AUSTRALIA: Sovereign Metals Limited (ASX: SVM) has entered into a non-binding Memorandum of Understanding (MoU) with Hascor International Group for potential supply of 25,000 tonnes of natural rutile per annum from the Company’s Kasiya Rutile Project (Kasiya) in Malawi to Hascor’s processing plants and clients across five continents. The MoU contemplates a supply agreement…
Hunter Douglas acquires 74% of Droma-Sunshade Experts
ROTTERDAM: Hunter Douglas, the world market leader in window coverings and a major manufacturer of architectural products, has completed the acquisition of 74% of Droma-Sunshade Experts, a highly regarded Polish assembler of made-to-measure exterior sunscreens, shutters and awnings, with a fast-growing sales presence in Western Europe. The founders of Droma-Sunshade Experts will remain minority shareholders,…
888 awarded iGaming licence in Ontario, Canada
LONDON, UK: 888 Holdings (LSE: 888), one of the world’s leading online betting and gaming companies, is pleased to announce it is among the first operators to have been awarded an iGaming licence by the Alcohol and Gaming Commission of Ontario (AGCO). The newly regulated market is set to launch on 4th April, with 888…
Philip Kay appointed Chairman of Hansard Global plc
LONDON, UK: Hansard Global plc announced that Philip Kay an Independent Director since March 2020, will succeed Graeme Easton as Chairman of the company with effect from 1st May 2022. Graeme who has been Chairman since 2020 will step down to focus more time on personal activities but will remain on the Board as an…
Inkjet printing technology company Xaar plc acquires Megnajet for £2.0mn
LONDON, UK: Xaar plc, the leading inkjet printing technology group, has acquired Megnajet Ltd and Technomation Ltd, whose businesses trade together under the name of Megnajet. Post acquisition it is intended that the businesses of Megnajet Ltd and Technomation Ltd will be merged and the combined business will continue trading under the Megnajet name. Megnajet…
Mode Global Holdings appoints Rita Liu as Chief Executive Officer
LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed Fintech Group, announced the appointment of Rita Liu as Chief Executive Officer (CEO) with immediate effect. For over a decade Rita Liu has held leadership roles at fintech giant Alipay in Asia, the US, Canada and was CEO in the UK before joining the Mode board…
BW LPG sells very large gas carrier, BW Trader
SINGAPORE: BW LPG Limited announced today the sale of Very Large Gas Carrier (VLGC) BW Trader. BW Trader was built in 2006 and has a carrying capacity of 78,631 CBM. The sale and delivery of the vessel to its new owner for further trading is expected to be completed by March 2022 and when completed,…
Main Event Entertainment acquires three family entertainment Centres in Colorado
SYDNEY, AUSTRALIA: Main Event Entertainment Inc. has completed an asset acquisition of three family entertainment centres in Colorado operating as ‘The Summit’. The total contractual purchase price (net of sale and leaseback proceeds) is approximately US$26 million and is funded with existing available liquidity at Main Event. The three centres, located within the Denver and…