SYDNEY: The Foreign Investment Review Board (FIRB) approved Aurizon Holdings’ sale of the Acacia Ridge Terminal to Pacific National (PN). The FIRB approval means the sale contract for the Terminal between Aurizon and PN becomes unconditional, with an expected close…
IRVINE: Sabra Health Care REIT Inc. (Nasdaq: SBRA) announced today that Fitch Ratings has revised its rating outlook for Sabra to Stable from Negative and that both Fitch and S&P Global Ratings affirmed the ratings for Sabra’s debt as ‘BBB-‘….
OSLO: For the full year 2020, Telenor ASA delivered an organic EBITDA growth of 2 percent and a solid free cash flow of NOK 21 billion. The year 2020 was marked by the global pandemic. In this unprecedented situation, Telenor…
OSLO: Aker Carbon Capture has signed a Memorandum of Understanding (MoU) with Forus Energigjenvinning and Lyse to explore ways to support the development of a full-scale carbon capture and storage facility in the Stavanger/Sandnes region in southwestern Norway. The collaboration…
HOFFMAN ESTATES: CDK Global Inc., a leading retail automotive technology company, completed the acquisition of Austin-based Square Root. Founded in 2006, Square Root is the creator of CoEFFICIENT, which helps automotive original equipment manufacturer (OEM) field managers understand and act…
AUCKLAND: Kiwi Property has today announced the appointment of Steve Penney as General Manager Funds Management. Steve brings 20 years of investment and finance experience to the role, including most recently as General Manager, Investment, at Stride Property Group, where…
PITTSBURGH: WESCO International Inc. announced that it has sold its legacy WESCO Utility business in Canada to Rexel Canada, a wholly owned subsidiary of France’s Rexel Group. The transaction partially fulfills WESCO’s commitment to divest its legacy Canadian Utility and…
VENICE: PGT Innovations Inc. has completed its acquisition of a 75% ownership stake in Eco Window Systems and its related companies. Eco is a leading manufacturer and installer of aluminum, impact-resistant windows and doors serving the South Florida region. “This…
LAS VEGAS: PLAYSTUDIOS Inc. and Acies Acquisition Corp. have entered into a definitive merger agreement that will result in PLAYSTUDIOS becoming a publicly listed company. Upon the closing of the transaction, the combined company will be named PLAYSTUDIOS and remain…
STOCKHOLM: Dometic Group AB has entered into an agreement to acquire Twin Eagles, a leading US manufacturer of freestanding and built-in grills and outdoor kitchen solutions for the residential outdoor market, a news release said. The acquisition strengthens Dometic’s offering…
LONDON: Although disputes around non-damage business interruption (BI) cover, which made 2020 a difficult year for U.K. commercial property insurers, should subside in 2021, challenges remain for a sector that needs to rebuild its reputation among its small- to medium-sized…
PARIS: Eutelsat Communications and TelOne (Pvt) Limited, one of Zimbabwe’s leading Internet Service Providers, have signed a master service agreement to bring high quality satellite broadband connectivity to Zimbabwe. Under the terms of the multi-year agreement with Eutelsat’s broadband division,…