BAHRAIN: Gulf International Bank (GIB) has announced its period ended 30th September 2021 financial results. The third quarter of 2021 witnessed a significant increase in net profit attributable to the Shareholders of the Bank, reaching $21.2 million compared to a…
DUBAI, UAE: DAMAC Properties Dubai (DFM: DAMAC) announced financial results for the nine month ended September 2021, reporting Revenue of AED 2,394 million, booked sales of AED 4.1 billion and deliveries of c.4,400 units in Dubai. Gross profit of AED…
OSLO, NORWAY: Höegh Autoliners ASA announced intention to launch a private placement of new shares in the company and to list the company’s shares on Euronext Growth Oslo. Höegh Autoliners is one of the leading global providers of deep-sea RoRo…
LONDON, UK: Permanent TSB (PTSB) has agreed the sale of a loan portfolio to Morgan Stanley Principal Funding Inc. Permanent TSB is a wholly owned subsidiary of Permanent TSB Group Holdings. Morgan Stanley intends to securitise the loan portfolio following…
LONDON, UK: Glanbia plc and Glanbia Co-operative Society Limited have signed a non-binding memorandum of understanding (MOU) for the sale of the 40% interest in Glanbia Ireland DAC to Glanbia Co-op for a purchase price of €307 million. Commenting today,…
OSLO, NORWAY: Otovo AS has resolved to launch an offer to acquire all the shares in European Distributed Energy Assets Holding AS (EDEA). The offer will be a share-for-share exchange offer, where eligible shareholders in EDEA will be offered 1.7…
LONDON, UK: The Apax IX Fund, in which AGA is a limited partner, has agreed to an offer from Viasat for the entire ordinary share capital of Inmarsat, a leading provider of global mobile satellite communications services. The Apax IX…
LONDON, UK: Seraphim Space Investment Trust, the world’s first listed fund focused on SpaceTech, has made a new $25 million investment into HawkEye 360 Inc. the world’s leading commercial provider of space-based radio frequency (RF) data and analytics. This takes…
LONDON, UK: HICL Infrastructure Plc has acquired, indirectly, a 33.3% interest in Road Management Group (RMG), a holding company which comprises two UK shadow toll roads: the A417/A419 Swindon-Gloucester and the A1 (M) Alconbury-Peterborough. The interest was acquired from Abertis…
LONDON, UK: Land Securities Group (Landsec) has acquired a majority stake in MediaCity, the 37 acre media, digital and tech hub in Salford, Greater Manchester previously owned by a 50:50 JV between Legal & General and Peel L&P. Landsec will…
BRISBANE, Australia: Bank of Queensland Limited (BOQ) announced the successful completion of the sale of its interest in St Andrew’s Insurance to Farmcove Investment Holdings. On 14 October 2020, BOQ announced that it had entered into an agreement with Farmcove…
OSLO, NORWAY: The Bank Norwegian Group reported profit after tax in the third quarter of NOK 276.1 million compared with NOK 367.8 million in the second quarter and down from NOK 500.6 million in the same quarter last year. The…