LONDON: Ocado Group plc has commercially partnered with Oxbotica Ltd., headquartered in Oxford. Ocado will invest £10m in Oxbotica as part of Oxbotica’s latest Series B equity funding round. The round was led by bp ventures, and included other strategic…
LONDON: KBC Bank Ireland has entered into a Memorandum of Understanding (MoU) with Bank of Ireland, expressing the parties’ intention to explore a route that could potentially lead to a transaction whereby Bank of Ireland commits to acquire substantially all…
LONDON: Hg Capital Trust (Hg), a leading global software investor, announced an investment in AUVESY GmbH, a leading global provider of version control and change management software solutions for automated industrial environments. As part of the transaction, the AUVESY management…
STOCKHOLM: Fitch Ratings has raised Orkuveita Reykjavikur’s (RE) Long-Term Issuer Default Rating (IDR) from BB+ to investment grade ‘BBB-‘ with a Stable Outlook. The upgrade reflects our expectation of an improvement in credit metrics over 2021-2025 and OR’s stable performance…
AUCKLAND: SkyCity Entertainment Group Limited notified the S&P Global Ratings has revised the outlook for SkyCity’s long-term issuer credit rating and its debt issue ratings from ‘Negative’ to ‘Stable’. S&P Global Ratings has affirmed SkyCity’s long-term issuer credit rating and…
MELBOURNE: Alcidion Group Limited has acquired ExtraMed, a leading UK NHS provider with a 20+ years track record specialising in providing patient flow management software that helps frontline staff make informed decisions based on real-time visibility of patient flow. The…
SYDNEY, AUSTRALIA: Vection Technologies Ltd has signed a definitive agreement to acquire 100% of the issued capital of leading Australian architectural visualisation (ArchViz) studio, Blank Canvas Studios (Aus) Pty Ltd. Vection Technologies plans to leverage Blank Canvas’ real estate visualisation…
SYDNEY: Oceania Healthcare Limited announced that its non-underwritten NZ$20 million retail offer has closed oversubscribed. The Retail Offer was well supported by shareholders, with Oceania receiving applications totalling approximately NZ$50 million. Scaling and the return of any surplus application amounts…
REDMOND: Microsoft Corporation has selected Cyviz to jointly design, develop and deliver next-generation visual collaboration solutions for Microsoft Technology Centers (MTC) worldwide. Microsoft will standardize on the Cyviz Easy Software Platform to deliver impressive customer experiences and in-depth technical engagements…
STOCKHOLM: AQ Group AB has signed an agreement with the Swiss company Schaffner Group to acquire its Power Magnetics Division, a news release said. The purchase price is CHF 22.4 million on a debt free cash free basis (enterprise value).Closing…
PARIS: Alstom has signed a contract with FERROVIENORD for the supply of 20 regional trains intended for the regional railway service of the Region of Lombardy for a total value of €125 million, a news release said. This is the…
DUBAI: Dubai Islamic Bank PJSC (DIB), rated A3 by Moody’s and A by Fitch, successfully priced a landmark USD 500 million Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 3.375% per annum. This transaction represents the…