LONDON: Studio Retail Group plc, the online value retail business, has entered into and completed upon a definitive agreement for the sale (Disposal) of Findel Education Limited to West Moorland 221 Limited for a gross consideration of £30.0 million in…
LONDON: Mattioli Woods plc announced the acquisition of 100% of the share capital of Caledonia Asset Management Limited from its shareholders for an initial consideration of £0.96 million. A potential further consideration of up to £0.64 million is dependent on…
LONDON: Darktrace plc has confirmed its intention to undertake an initial public offering (IPO) on London Stock Exchange (LSE). The Company intends to apply for admission of its ordinary shares to the premium segment of the Official List of the…
OSLO: The Board of Directors of Danske Bank A/S has appointed Carsten Egeriis as Chief Executive Officer. He replaces Chris Vogelzang, who has informed the Board that he wishes to resign from his position. This follows a decision by the…
OSLO: Sikri Holding AS has entered into a binding agreement with the Norwegian Ministry of Trade, Industry and Fisheries (NFD) regarding the acquisition of Ambita AS. The agreed enterprise value is NOK 950 million per 31 December 2020 (purchase price…
AUCKLAND: Cavalier Corporation Limited announced that its Bremworth carpet business has secured a $1.9 million grant from the Ministry for Primary Industries (MPI), as part of MPI’s Sustainable Food and Fibre Futures (SFFF) investment programme. The grant will be used…
SYDNEY, AUSTRALIA: Mercury NZ Limited and Powering Australian Renewables (PowAR) agreed to increase their offer for all the shares of Tilt Renewables Limited to NZ$8.1 per share from NZ$7.80. Mercury NZ Limited and Powering Australian Renewables (PowAR) agreed to amend…
NEW YORK: Facebook will enable stories scheduling for both Facebook and Instagram, along with a new business discovery process from the News Feed. “People already discover businesses while scrolling through News Feed, and this will make it easier to discover…
KARACHI: Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has formed a Policy & Research Board comprising of top-level economic, business, trade, and industry experts. FPCCI is the apex representative body of the business, industry, and trade community of…
DUBAI: Oman Insurance Company is assigned a positive outlook by S&P Global Ratings, based on improved operating performance while affirming an A- rating, a news release said. The rating agency also reaffirmed the capital adequacy of Oman Insurance above the…
SAN JOSE: Adobe (Nasdaq:ADBE) shares the passing of the company’s beloved co-founder, Dr. Charles Geschke. Dr. Geschke passed away on Friday, surrounded by his family. Dr. Geschke co-founded Adobe in 1982 with Dr. John Warnock, a colleague from Xerox. Their…
AMSTERDAM: Sanofi has completed the acquisition of Kiadis, a clinical-stage biopharmaceutical company developing next generation ‘off-the-shelf’ NK cell-therapies, a news release said. Kiadis’ proprietary platform is based on allogeneic or ‘off-the-shelf’ NK-cells from a healthy donor. NK-cells seek and identify…