OSLO: BEWI ASA has acquired 51 percent of the Danish paper packaging company Honeycomb Cellpack A/S, a news release said. Honeycomb provides protective packaging solutions, including design, development and manufacturing of sustainable packaging which is both recyclable and biodegradable. “Through…
LONDON: Open Orphan plc is at an advanced stage in planning for a possible spin-out of certain non-core Development IP Assets. These Development IP Assets are a portfoilio of intellectual property and development assets, including HVO-001 which has potential application…
NEW YORK: Reuters announced the appointment of Alessandra Galloni as editor-in-chief, effective April 19. Michael Friedenberg, president of Reuters, wrote to employees to share that Galloni, previously global managing editor at Reuters, will oversee all editorial functions for the newsroom…
LONDON: Rambler Metals and Mining plc has closed the previously announced sale of non-core assets to Maritime Resources Corp. The non-core assets include the Company’s existing gold circuit at the Nugget Pond metallurgical facility and a number of Canadian exploration…
LONDON: Mattioli Woods plc announced the acquisition of 100% of the share capital of Pole Arnold Financial Management Limited for an initial consideration of £4.0 million and potential further consideration of up to £3.0 million dependent on the attainment of…
OSLO: Huddlestock Fintech receives the 2021 FinTech Innovator Award. We are delighted to announce that Huddlestock Fintech has been named “FinTech Innovator of the Year” in the 2021 Technology Innovator Awards. “We are delighted to receive this years’ Technology Innovator…
SYDNEY: PSC Insurance Group announced the appointment of David Hosking to the new role of CEO PSC Australia and New Zealand. David joins after a successful career at Allianz and prior to that time, at IAG. David brings a long…
PARIS: A consortium led by CGG has been selected by the European Space Agency’s Space Solutions initiative to undertake a study aimed at developing new environmental monitoring technology and services to help combat the global marine litter crisis. CGG will…
IRVINE: Creative Solutions, a division of The Vitec Group plc, acquired Lightstream, a US-based tech company that builds a cloud-native live video platform, broadcast software, and creator tools with specialization in the video game live streaming industry. Lightstream is a…
SYDNEY: Westpac notes that Fitch Ratings (Fitch) has today revised the Outlook for Westpac Banking Corporation’s Long Term Issuer Default Rating (IDR) to ‘Stable’, from ‘Negative’. The change in ratings outlook reflects Fitch’s view of the improved economic prospects in…
ISSY-LES-MOULINEAUX: Sodexo Inc, the US subsidiary of Sodexo, has successfully completed yesterday a bond issue for a total principal amount of $1.25 billion in two tranches: $500 million due April 2026 with a coupon of 1.634% and $750 million due…
PHOENIX: Calviri Inc. announced the appointment of Marc Wolff as Chief Executive Officer. Founder and current CEO, Stephen Albert Johnston, will continue to serve as Chairman of the Board of Directors and Founding CEO. “We are thrilled to welcome Marc…