DUBAI: The Board of Dubai Islamic Insurance & Reinsurance Company (Aman) has proposed AMAN’s first cash dividend distribution of 6% of net profit attributable to shareholders since 2011. The proposed dividend reflects the strong FY 2020 performance, which saw the…
OSLO, NORWAY: Tokyo based Mitsui & Co., Ltd. and Hexagon Composites ASA have extended their strategic alliance for an additional five years, effective from March 21, 2021. The agreement has also been expanded to include Hexagon Purus AS, which was…
PARIS: Air Liquide has completed the first phase of the construction of its planned 25 MW electrolysis hydrogen plants in the Tainan Technology Industrial Park in Taiwan, a news release said. These plants will provide ultra-high purity hydrogen to the…
SAN MATEO: Sony Interactive Entertainment and RTS, a new venture born out of Endeavor’s esports business, have acquired the assets and properties of the Evolution Championship Series (Evo), the world’s largest fighting game event, from Triple Perfect Inc., through a…
HELSINKI: Revenio Group has signed an agreement to purchase the entire share capital of the Australian CERA Technologies Pty Ltd (Oculo), a company specialized in developing software designed to share clinical imaging, referrals, and other clinical correspondence securely and instantly…
HERNING: Everfuel A/S announced the company’s H2 station roll-out plan for southern Norway with an ambition of having up to 15 strategically positioned fueling sites for zero-emission transport of goods and people operational by end of 2023. The plan is…
LONDON: HeiQ has signed an Exclusive Licence and Chemicals Supply Agreement with ICP Industrial Inc, a division of ICP Group. The two companies have signed a five year contract (US$8m in the first two years, at which point the contract…
LONDON: Halfords Group has reached agreement to acquire Universal Tyre and Autocentres, a well-established motoring services provider in the South East of the UK, for consideration of £15 million, a news release said. Approximately £9 million of the purchase price…
LONDON: ldox plc has agreed to the disposal of its Netherlands based Grants Consultancy and databases business, to an affiliate of SilverTree Equity Partners, a leading software and technology focused private equity firm. The deal is expected to complete by…
LONDON: AVEVA, a global leader in engineering and industrial software, announced successful completion of the acquisition of OSIsoft. The acquisition enhances AVEVA’s ability to accelerate the digital transformation of the industrial world. In connection with Completion, 13,655,570 ordinary shares of…
PALM BEACH GARDENS: Xcovery Holdings Inc. announced that Giovanni Selvaggi, M.D., has been appointed as the Chief Executive Officer (CEO), replacing Li Mao, M.D., who is leaving for personal reasons. Dr. Selvaggi will also continue as Xcovery’s Chief Medical Officer…
STOCKHOLM: Starbreeze AB announced a global co-publishing deal with the leading European publishing partner Koch Media GmbH for the highly anticipated PAYDAY 3. The agreement provides for an estimated total investment exceeding 50 MEUR for both development and marketing of…