KARACHI: Meezan Bank has collaborated with National Clearing Company of Pakistan Limited (NCCPL) for developing new Shariah-compliant products for the country’s capital market. Through this collaboration, Meezan Bank will extend its support in introducing Murabaha Share Financing System (‘MSF’), a new…
LONDON, UK: Entain Plc, the leading global sports betting and gaming entertainment operator, is doubling investment in its in-house games studios to accelerate and expand its ability to provide customers with new and exclusive products and experiences. Headcount will double…
LUXEMBOURG: Subsea 7 S.A. announced an agreement to combine its Renewables business unit with OHT ASA. The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to…
OSLO, NORWAY: GC Rieber Shipping has agreed to sell shares in Shearwater Geoservices Holding AS reducing its ownership from 17.0% to 8.5%, a news release said. Gross proceeds from the sale will be USD 50.5 million. The sold shares had…
LONDON, UK: RWS Holdings plc announced that on 7 July 2021 it completed the acquisition of Horn & Uchida Patent Translation Ltd, a specialist in patent translation based in Osaka, Japan for cash consideration of Y349m (£2.3m). Horn & Uchida…
LONDON, UK: Mode Global Holdings Plc has now formally signed with THG Plc, the proprietary technology platform specialising in taking brands direct to consumers globally. This follows the Memorandum of Understanding (MOU) that was previously announced on June 14. Mode…
LONDON, UK: Blackbird plc, the developer and seller of the market-leading cloud native video editing platform, Blackbird, is pleased to announce that it has received the London Stock Exchange‘s Green Economy Mark. Blackbird’s patented, cloud native solution allows companies to…
ST HELIER: Caledonia Mining Corporation Plc is commencing the process of pursuing a listing of depositary receipts representing the Company’s shares on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe. Such a listing would be conditional upon market conditions and…
DUBAI, UAE: DP World has entered into a transaction implementation agreement regarding cash offer of ZAR66 per share to acquire all outstanding shares of JSE listed Imperial Logistics, implying an equity consideration of c.ZAR 12.7bn (c.USD890mn). This offer represents a premium of 39.5%…
OSLO, NORWAY: Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of $105 million, of which $55 million is a deferred payment over five years….
AUCKLAND, NEW ZEALAND: AMP Limited has entered into a binding agreement with Macquarie Asset Management to sell AMP Capital’s Global Equities and Fixed Income (GEFI) business for a consideration of up to A$185 million. The sale delivers on AMP Capital’s…
BRUSSELS, BELGIUM: Ergon Capital has acquired Summa alongside management from Gimv, a news release said. In 2016, Gimv acquired a majority stake in Summa alongside the management team. Summa expanded quickly by establishing its own organization in the US (2017),…