LONDON: STM Group Plc (LON: STM) announced the unconditional sale of its Jersey based trust and company services businesses (STM Jersey) for a minimum net cash consideration of £1.40 million. The sale completes the Company’s strategy to exit the CTS…
LONDON: Eight Capital Partners (AQSE: ECP) has acquired financial services business, Innovative Finance Srl (InnFin). The Company will pay an initial €2.45m with a further potential earn-out of up €2.45m based on the achievement of financial performance targets. It also…
LONDON: Amino Technologies (LON: AMO), a software-led global media technology company that delivers modern TV experiences, has submitted a bid to acquire the trade and assets of MobiTV Inc. and MobiTV Services Corporation, a US live and on-demand TV platform…
Hansard Global (LON: HSD) announced the appointment of Graham Sheward as Chief Executive Officer (CEO) and Director with immediate effect. Graham will succeed Gordon Marr who, as announced in March, is retiring from the Company. Gordon is stepping down as…
LONDON: Corcel Plc, the natural resource exploration and development company with interests in battery metals and flexible grid solutions, announced the acquisition of a 40% interest in the “shovel ready” Tring Road 50MW gas peaking project outside of Aylesbury from…
OSLO: Techstep ASA (FRA: B1T) has signed an agreement to acquire the entire share capital of Famoc S.A. and affiliates, a software company based in Poland with a European customer base, a news release said. The transaction will be financed…
HAMILTON: Archer Limited has signed an SPA to acquire DeepWell based on an enterprise value of NOK 177 million on a debt and cash free basis. The Transaction is accretive both to Archer’s NIBD / EBITDA ratio and EV /…
ABU DHABI: International Holding Company (IHC)’s subsidiary Multiply Marketing Consultancy (MMC) has acquired a stake in Firefly, a street-level digital media platform that connects audiences with dynamic media on taxis and rideshare vehicles. Investment accompanied by joint-venture plans to bring…
ABU DHABI: Emirates Telecommunications Group Company has successfully issued 7 and 12 years bonds under its established USD 10 billion “Euro Medium Term Note” (EMTN) Programme. Etisalat is rated Aa3 stable (Moody’s) and AA-Stable (S&PGlobal). The bonds issuance was completed…
ABU DHABI: General Holding Corporation (Senaat) has expressed intention to combine its wholly-owned subsidiary Emirates Steel Industries with Arkan Building Materials Company (ADX: ARKAN). “The Board of Directors of Arkan Building Materials Company (ADX: ARKAN), a leading construction and building…
DOHA: Al Meera Consumer Goods Company has announced its acquisition of two properties from Qatari Diar where the retailer has set sights to launch Al Meera lifestyle community malls, a news release said. The properties, located in Lusail’s Fox Hills…
WASHINGTON: Speakers at Commercial Economic Issues and Trends Forum, held as part of the 2021 REALTORS Legislative Meetings & Trade Expo, discussed historic shifts in the nation’s economy over the past 12 months while projecting a favorable outlook for the…