LONDON: The Board of Thalassa Holdings has agreed to make an equity investment of £300,000 in Fintech company Cornerstone FS Plc, a cloud-based scalable foreign exchange and international payments platform. Thalassa leads the latest funding round by Cornerstone, which is…
SINGAPORE: Asiatic Group (Holdings) Limited’s subsidiaries, Colben System Pte Ltd and Colben Energy Holdings (PPSEZ) Limited, commenced arbitration proceedings against Phnom Penh Special Economic Zone Plc (PPSEZ) for a minimum of US$14.4 million in relief with regard to a dispute…
HAMILTON, BERMUDA: Höegh LNG Holdings Ltd. has entered into a binding commitment to supply H-Energy with a Floating Storage Re-gasification Unit (FSRU) in Jaigarh from as early as first quarter 2021, a news release said. Jaigarh is south of Mumbai…
OSLO: Volue AS, an Arendals Fossekompani portfolio company, has signed an agreement to acquire Likron GmbH (Likron) to strengthen the position as the leading provider of algorithmic power trading solutions in Europe, a news release said. “We are pleased to…
RÆLINGEN: StrongPoint received in 2019 an offer of NOK 55.6 million as a compensation for the disturbance and costs of relocating its labels production facility in Tangen, Norway. The settlement and time of payment have today been approved by both…
LONDON: HgCapital Trust, Europe’s leading software investor, announced an investment in The Septeo Group, a European leader in LegalTech. Hg will invest alongside founders Philippe Rivière, Jean-Luc Boixel, Hugues Galambrun and the management team, which will continue to be led…
LONDON: Inspecs Group plc has conditionally agreed to acquire all of the equity interests in Eschenbach Holding GmbH for €94.85 million, a news release said. The Consideration will be paid wholly in cash on closing. Eschenbach is a leading, global,…
LONDON: Guild Esports, a UK-based owner and developer of esports teams, announced its entry into Fortnite, a hugely popular battle royal online multiplayer game developed by Epic Games, with the signing of top-ranked professional player Nikolaj Andreas Frøslev (Flikk). The…
SYDNEY: Regional Express (Rex), Australia’s largest independent regional airline, has signed an agreement with PAG Regulus Holdings Pte Ltd (PAG), a subsidiary of leading Asia-Pacific focused investment firm PAG, for an investment up to AUD 150 million to be used…
SYDNEY: Pro Medicus Limited announced its wholly-owned U.S. subsidiary, Visage Imaging Inc. has signed a 5-year renewal contract with Long Island based Zwanger Pesiri, one of the largest private outpatient radiology providers in the U.S. The contract, based on a…
SYDNEY: Swift Media Limited is conducting a placement to sophisticated and professional investors to raise $3 million, with Swift’s board having discretion to accept oversubscriptions. The Placement to eligible sophisticated, professional and institutional investors will be conducted via a bookbuild…
SALINAS: Indus Holdings Inc., a vertically integrated cannabis company, announced that it has entered into a Letter of Intent (LOI) to lease a neighboring facility to host expanded cultivation operations. The LOI contemplates a 20-year lease with a 5-year extension…