WELLINGTON: Downer EDI Limited has entered into an agreement to sell 70% of its Laundries business to an entity established by Australian private equity firm, Adamantem Capital, a news release said. Under the agreement, Downer will sell a 70% interest…
OSLO: On 30 November 2020, the boards of SpareBank 1 BV and Sparebanken Telemark have signed a letter of intent with a view to a merger to form SpareBank 1 Sørøst-Norge. The letter of intent, which sets out the main…
Boardwalk Pipeline Partners, LP, which conducts business through its primary subsidiary Boardwalk Pipelines, LP and its subsidiaries, is an energy company based in Houston, Texas. It is a master limited partnership operating in the midstream portion of the natural gas…
Norwegian Property ASA (often abbreviated as NPRO) was a leading Norwegian real estate company focused on owning, developing, and managing high-quality office properties in key urban areas of Norway. Its primary strategy was to hold modern, central office buildings with strong, reputable…
OSLO: Mercell Holding AS, through a wholly-owned subsidiary, signed a binding agreement to acquire 100 percent of the shares in Visma Commerce AB and Visma Commerce AS (jointly “Visma Commerce“) from Visma AS, for an enterprise value of SEK 2.0…
LONDON: Kingswood Holdings Limited announced the completion of the formal contribution of its US investments Chalice Capital Partners and Chalice Wealth Advisors into Manhattan Harbor Capital (MHC) at a value of $4 million for additional equity, which combined with an…
Arlington Asset Investment Corp. is a mortgage real estate investment trust headquartered in McLean, Virginia. The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2019, 94.2% of the…
Anworth Mortgage Asset Corporation is a mortgage real estate investment trust. The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds in asset-backed securities. As of December 31, 2019, 71.1% of the company’s assets were mortgage-backed…
LONDON: The Board of Thalassa Holdings has agreed to make an equity investment of £300,000 in Fintech company Cornerstone FS Plc, a cloud-based scalable foreign exchange and international payments platform. Thalassa leads the latest funding round by Cornerstone, which is…
SINGAPORE: Asiatic Group (Holdings) Limited’s subsidiaries, Colben System Pte Ltd and Colben Energy Holdings (PPSEZ) Limited, commenced arbitration proceedings against Phnom Penh Special Economic Zone Plc (PPSEZ) for a minimum of US$14.4 million in relief with regard to a dispute…
LONDON: Inspecs Group plc has conditionally agreed to acquire all of the equity interests in Eschenbach Holding GmbH for €94.85 million, a news release said. The Consideration will be paid wholly in cash on closing. Eschenbach is a leading, global,…
Annaly Capital Management is one of the largest mortgage real estate investment trusts. It is organized in Maryland with its principal office in New York City. The company borrows money, primarily via short term repurchase agreements, and reinvests the proceeds…