MOSCOW: Sistema PJSFC has noted the announcement made by its portfolio company Ozon Holdings PLC, a leading Russian e-commerce platform, of the pricing of its initial public offering of 33 million American Depositary Shares (ADSs) representing 33 million Ordinary Shares…
LONDON: Block Energy plc, the exploration and production company focused on Georgia, announced the completion of Block’s acquisition of Schlumberger Rustaveli Company Limited (SRCL). The completion of the acquisition means Block now holds licences for Georgian onshore blocks IX and…
LONDON: Zoetic International PLC, the London-listed CBD company, has struck a landmark agreement with the Asian American Trade Associations Council (AATAC) that will bring its Chill brand of tobacco-substitute CBD products into tens of thousands of retail stores across the…
LONDON: Invinity Energy Systems has signed a contract to deliver an 8 MWh Vanadium Flow Battery (VFB) system for a utility-scale solar-plus-storage project to be built in South Australia. By combining the VFB system with a 6 MWp solar PV…
DUBLIN: Uniphar plc has announced the acquisition of US-based, RRD International. RRD is a US based pharmaceutical advisory group providing outsourced strategic consulting and execution services throughout the early stages of a products development. The RRD team has a depth…
LONDON, UK: The European Court of Justice (ECJ) ruling provides that CBD is not classified as a narcotic drug, and that the French ban on hemp derived CBD contradicts European Union (EU) law. This decision opens the door for high…
LONDON: Coats Group plc announced that Mike Clasper has advised the Board that he will retire as Chairman and from the Board of Coats, at the conclusion of the Annual General Meeting scheduled for 19 May 2021, after nearly eight…
LONDON: Knights Group, the UK’s fastest growing legal and professional services business , has agreed to acquire OTB Eveling LLP, an independent commercial law firm based in Exeter. Under the terms of the acquisition, Knights will acquire OTB Eveling from…
DUBAI: The consortium comprising Orascom Construction PLC and Mitsubishi Corporation signed a contract with the National Authority for Tunnels (NAT) to execute the Railway Systems, Track and Depot Works Package (CP411) for Cairo Metro Line 4 Phase 1. The total…
OSLO: Kahoot!, the global learning platform company, announced the acquisition of Drops, one of the fastest growing language platforms in the world, for an enterprise value of $31 million. Through this acquisition, Kahoot! plans to further expand its platform and…
WELLINGTON: Xero Limited has launched an offering of US$600 million senior unsecured convertible notes due 2025 to be issued by its wholly-owned subsidiary, Xero Investments Limited, and guaranteed by Xero. Xero CEO Steve Vamos said: “This announcement represents the next…
SYDNEY: Kingston Resources Limited has appointed highly experienced Australian mining executive Mick Wilkes as non-executive Chairman. Mr Wilkes, who has been a non-executive Director of Kingston since July 2018, will succeed Anthony Wehby, who will remain on the Board as…