LONDON: SDI Group plc, the group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, has acquired Chell Instruments Limited for a consideration of £4.3 million plus an additional cash payment for net assets at completion. Ken Ford, Chairman of SDI said: “Chell…
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Advanced Medical acquires French Biomatlante for €8 million
WINSFORD: Advanced Medical Solutions Group has acquired French company Biomatlante SA, a well-established international developer and manufacturer of innovative surgical biomaterial technologies for €8 million, with a potential further up to €0.3 million due over the next two years. Advanced is the surgical and advanced wound care specialist company. The acquisition will strengthen AMS’s product…
Thomson appointed CEO of MJ Gleeson
LONDON: The Board of MJ Gleeson plc announced that James Thomson, currently the Group’s interim CEO, has been appointed to the role on a permanent basis with immediate effect. The appointment follows a comprehensive search process, led by an external search firm, which included internal and external candidates. Dermot Gleeson, Chairman, commented: “The Board is…
NTPC lists its commercial paper at BSE
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 is December 02, 2019. BSE, Asia’s oldest exchange on November 26, 2019 announced the Framework…
Boku enters strategic partnership with Swisscom
LONDON: Boku Inc, the world’s leading independent direct carrier commerce company, has entered into a partnership with Swisscom to provide mobile identity verification capabilities in the Swiss market. As part of the agreement, Swisscom will connect with Boku’s global Identity platform through a single connection. The mobile identity verification provided by Boku will enable Swisscom’s…
VR launches Shuttle Commander on PlayStation
LONDON, UK: VR Education announced that the Group’s latest VR showcase experience, ‘Shuttle Commander’, will launch on Sony PlayStation on Tuesday, 3 December 2019. The VR showcase experience will retail at £21.99 in the UK, €24.99 in the EU and US$24.99 in the US. Shuttle Commander is an accurate physics-based flight simulator experience, offering users…
Essentra Plc forms joint venture company in China
LONDON: Essentra plc has signed an agreement for the establishment of a new joint venture (JV) company in China, China Tobacco Essentra (Xiamen) Filters Co., Ltd. to produce specialist and next generation filters, which the JV plans to manufacture locally in a new facility in Xiamen, and will incorporate a state-of-the-art development and testing centre….
Tinkoff GDRs included in MOEX Russia indices from next month
LIMASSOL: TCS Group Holding, Russia’s leading provider of online financial and lifestyle services via its Tinkoff ecosystem, announced that its depositary receipts (GDRs) will be included in MOEX Russia indices starting December 2019. The securities will be included in the MOEX Russia Index and the RTS Russia Index from 20 December 2019, according to Moscow…
Signify launches tailor-made 3D printed professional luminaires for a circular economy
AMSTERDAM: Signify, the world leader in lighting, unveiled its facilities to 3D print light shades and fittings (luminaires) in the Netherlands and plans to establish 3D printing factories in the US, and Indonesia. The company has perfected this highly flexible, more sustainable form of manufacturing, using a 100% recyclable polycarbonate material, which allows luminaires to…
Virgin Australia acquires Velocity Frequent Flyer
SYDNEY: Virgin Australia Holdings Limited announced the completion of the acquisition of Connectivity Pte Ltd’s (Affinity’s) approximate 35% minority investment in Velocity Frequent Flyer Holdco Pty Limited. As a result, Virgin Australia now has 100% ownership of Velocity Frequent Flyer and the award-winning “Velocity” loyalty program. Virgin Australia Airlines Pty Ltd, commonly referred to as…
Catalyst forms joint venture with St Barbara
PERTH: Catalyst Metals Limited’s wholly owned subsidiary, Kite Operations Pty Ltd have entered into an earn-in and joint venture agreement with gold producer St Barbara Limited. Under the agreement, St Barbara may acquire a 50% participating interest in EL006507 (the Drummartin Project) by funding not less than $3.5 million of Project Expenditure within 48 months…
Penelope Winn appointed to Coca-Cola Amatil Board
PETH: Coca-Cola Amatil notified that Ms Penelope Winn will join the Amatil Board as an Independent Non-Executive Director, effective 2 December 2019. Ms Winn is currently a Non-Executive Director of Caltex Australia Limited, CSR Limited, Goodman Limited and Goodman Funds Management Limited. Ms Winn will step down as Chair and Non-Executive Director of Port Waratah…