LONDON: Ceres Power Holdings announced that Robert Bosch GmbH (Bosch) will increase its equity shareholding in Ceres from c.4% to c.18%. This is a significant strategic step forward in the partnership established in August 2018 and follows successful collaboration on…
LONDON: Resolute Mining Limited has entered into definitive transaction documentation to sell the Ravenswood Gold Mine in Queensland to a consortium comprising a fund (EMR Fund) managed by specialist resources private equity manager EMR Capital Management Limited, and Singapore-listed mining…
MANAMA, BAHRAIN: Bahrain Bourse’s (BHB) has adopted the new Listing Rules that aim to clarify the regulatory and organizational framework governing all operational aspects of Bahrain Bourse, particularly future listings. The new Listing Rules will be effective immediately, allowing for…
DOHA, QATAR: Nebras Power Investment Management has successfully completed a transaction with Goldwind Stockyard Hill Wind Farm Limited, a wholly owned Hong Kong affiliate of Xinjiang Goldwind Science & Technology Co., Ltd by acquiring a 49% equity stake in Stockyard…
LONDON, UK: Premier Oil Plc has announced proposed acquisitions of the Andrew Area and Shearwater assets from BP for US$625 million, and an additional 25 percent interest in the Premier operated Tolmount Area from Dana for US$191 million plus contingent…
LONDON, UK: Cineworld Group has announced proposed acquisition of the largest cinema operator in Canada with a highly attractive, well-invested portfolio and a 75 per cent box office market share, for a consideration of CAD 2.8 billion. Cineworld Group has…
MUMBAI: On November 29, 2019, NTPC Limited, India’s largest energy conglomerate, made an application to list Commercial Paper at BSE for an Issue Size of Rs. 1500 crore. Post process, the effective date of listing for the same at BSE…
LONDON: Arc Minerals has entered into a binding Sale and Purchase Agreement to sell Arc’s entire 99.43% interest in Casa Mining Limited to Century Capital Management Ltd, a Canadian private equity group for consideration payable of up to US$9.8 million….
SYDNEY: Consolidated Operations Group Limited (COG) and CML Group Limited have entered into a Scheme Implementation Agreement (SIA) to a proposed merger to establish a leading financial services group focusing on servicing SME businesses in Australia. The merger will be…
LONDON: S&P Global Ratings revised its outlook on U.K.-based bank holding company HSBC Holdings PLC to negative. At the same time, S&P affirmed ‘A’ long-term and ‘A-1’ short-term issuer credit ratings on HSBC Holdings. “We also revised our outlook on…
PERTH: AVZ Minerals Limited has notified an equity placement of A$14.1 million to Yibin Tianyi Lithium Industry Co., Ltd through the issue of 314.3 million shares at 4.5 cents per share. Upon completion of the placement, Yibin Tianyi will hold…
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the core Blue Cross Blue Shield-branded insurance subsidiaries of Anthem, Inc.. The outlook of these Credit…