OSLO, NORWAY: Danica Pension has announced the sale of its Norwegian activities to Norwegian financial group Storebrand. With the sale, Danica Pension is focusing its business further and is now in an even stronger position to develop the best pension solutions for its customers in Denmark. “Our customers in Denmark will benefit from an even…
Happy Valley Nutrition Limited CEO Greg Wood to resign
SYDNEY, AUSTRALIA: Happy Valley Nutrition Limited announced that Chief Executive Officer Greg Wood has taken the decision to resign from the Company and the Board. Since the Company listed on the Australian Securities Exchange in early 2020, along with the Board and senior management team in New Zealand, Greg has played an integral role in…
Freight Broker Bond: 4 Things You Should Know About It
When you operate a freight business, you will need a freight broker bond. There are different things you should know about these types of bonds which are mandatory in the freight industry. This bond is specifically meant to protect the shippers and carriers. Here are 4 things you should know about freight broker bonds. Who…
Sirnaomics announces IPO in Hong Kong
HONG KONG: Sirnaomics has announced an initial public offering (IPO) in Hong Kong. The company is offering 7.54 million shares at HK$65.9-HK$72.7 per share. Sirnaomics Ltd is the first and only clinical-stage RNA therapeutics biopharmaceutical company with a strong presence in both China and the U.S. It will start its public offering on Monday and…
Alpha Dhabi Holding invests AED1 billion in Ta’ziz
ABU DHABI, UAE: Alpha Dhabi Holding, the Abu Dhabi-based conglomerate, will be investing about AED 1 billion in the Abu Dhabi Chemicals Derivatives Company, known as TA’ZIZ. This step comes as part of Alpha Dhabi Holding’s expansion plans and future strategy announced last week targeting AED 8 billion for investments in real estate, hospitality, healthcare,…
A Useful Guide To Tax Planning Matters For Americans Abroad
We tend to lose sight of our obligations at home when we decide to vacation—and one of those obligations is paying taxes. If we don’t know what we’re doing, we may end up facing some pretty hefty repercussions with the authorities, especially in the United States, where taxes are strictly enforced. Luckily, there are ways to…
Important Tips You Should Know About Trading Cryptocurrencies
It is evident that cryptocurrency trading has been on a rise in recent years. The trend of investing in virtual currency assets has increased significantly, and it doesn’t seem to be slowing down anytime soon. In fact, some experts have predicted that this could become the norm for many investors in the near future. So…
Vision Group to acquire VistaSì chain, GrandVision stores in Italy
MILAN, ITALY: Vision Group has signed an agreement to acquire the VistaSì chain in Italy, including the brand and all the 99 stores, and 75 GrandVision stores in the country. This follows the commitments agreed upon with the European Commission on 23 March 2021, as part of the acquisition of GrandVision by EssilorLuxottica. The agreement…
Van Lanschot Kempen sells Global Property Research to Solactive
AMSTERDAM: Van Lanschot Kempen sold 100% of the shares in Global Property Research BV (GPR) to Solactive AG. This transaction fits in Van Lanschot Kempen’s strategic focus on wealth management. GPR is a global index provider and registered benchmark administrator specialised in real estate and infrastructure benchmarks. GPR creates, calculates, maintains, and disseminates circa 2,500 benchmarks…
Permanent TSB to acquire Ulster Bank’s Irish business for €6.4bn
LONDON, UK: Permanent TSB has entered into binding agreements with NatWest Group and Ulster Bank Ireland for the acquisition of certain elements of the Ulster Bank Retail, SME and Asset Finance business in the Republic of Ireland. As at 30 June 2021, the transaction includes approximately €7.6 billion of assets and consists of the following…
Rubis Group buys 80% of Photosol France for €376 million
PARIS, FRANCE: Rubis Group has announced strategic acquisition of 80% of Photosol France to accelerate the transition to renewable energies and decarbonation. The price for the acquisition of the 80% of Photosol France shares will be €376 million subject to customary adjustments at closing. In June 2021, Rubis Group initiated its diversification towards less-carbonised energies…
BrandShield announces partnership with Coinmama
LONDON, UK: BrandShield Systems announced partnership with Coinmama, the leading cryptocurrency exchange, in protecting the brand’s reputation and its customers. Coinmama has over three million users globally and this significant reach is coupled with strong brand recognition and a longstanding reputation as the leading cryptocurrency exchange worldwide. This has resulted in a proliferation of attacks…