SYDNEY: Medibank Private Limited announced that Craig Drummond will retire as Chief Executive Officer on 30 June 2021. Appointed in July 2016, Drummond said that leading Medibank had been an incredible privilege. “We have vvorked hard to provide our customers…
AUCKLAND: Meridian Energy will soon begin construction of a new $395 million wind farm in Hawke’s Bay, a news release said. The Harapaki Wind Farm will be New Zealand’s second-largest wind farm with 41 turbines generating 176 MW of renewable…
MONTREAL: Midland Exploration Inc. has acquired an important strategic position adjacent to Rio Tinto Exploration Canada Inc. for nickel-copper (Ni-Cu) in the Grenville. This important strategic position is located northeast of the town of La Tuque in the Mauricie region…
VANCOUVER: Juva Life Inc. announced the commencement of commercial cannabis cultivation at its Stockton, California facility. Subsequent to state licensing approval in January, the Juva cultivation team quickly concluded preparatory efforts for plant delivery this week. After 30 months of…
OSLO: ELOP’s AI business unit Simplifai has entered into the strategic partnership agreement with VAD Technologies (VAD), one of the largest distributors of IT and technology services in the Middle East, to fast-track the market penetration of Simplifai’s AI solutions…
OSLO: Keliber Oy and leading international mining company Sibanye-Stillwater Limited have entered into an investment agreement for an initial phased equity investment of EUR 30 million for approximately 30% shareholding in Keliber, a news release said. In addition, existing shareholders…
PARIS: Total SE, through Total Quadran – its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires…
NEW YORK: KKR has entered into an agreement with Telefónica, a leading global telecommunications company, to establish Chile’s first open access wholesale fiber optics company with the mission to bring greater broadband access across Chile, a news release said. Under…
LONDON, UK: Following the acquisition of Standard Life Assurance Limited (SLAL) from Standard Life Aberdeen plc (SLA) in 2018, Phoenix Group and SLA entered into a strategic partnership to advance the interests of both businesses. At the same time SLA…
LONDON: World High Life’s subsidiary Love Hemp Limited has submitted its Novel Food dossier to the Food Standards Agency (FSA). The dossier submitted by Love Hemp is in support of the FSA’s move to regulate a currently unregulated CBD market…
LONDON: First Derivatives plc (FD) has agreed to sell part of its investment in Quantile Technologies to Spectrum Equity, a growth equity firm. Under the transaction FD will dispose of the majority of its holding in Quantile for cash consideration…
LONDON: Aviva Plc has sold Aviva France to Aéma Groupe for €3.2 billion in cash, a news release said. Key highlights: · Significantly strengthens Aviva’s capital and liquidity with an increase in excess capital3 of c. £2.1bn and centre cash3…