IRVINE: Urovant Sciences has entered into a definitive agreement in which Sumitovant Biopharma will acquire Urovant Sciences for $16.25 per share or approximately $584 million in total equity value on a fully diluted basis in an all-cash merger. The price…
OSLO: Infront ASA, a Norway-based financial technology company, has signed an agreement to acquire 100% of the share capital of a key local partner in the United Kingdom; NB Trader Solutions Ltd, a news release said. The financial terms of the…
OSLO: S&P Global Ratings has published an update on the rating of Bank Norwegian. S&P Global Ratings revises the outlook from “Negative” to “Stable”, while affirming the long-term rating of “BBB” and a short-term rating of “A-2”. S&P Global Ratings…
VANCOUVER: Primo Nutraceuticals Inc. has signed a binding letter of intent (LOI) to acquire 100 percent assets of Full Spectrum Biosciences Inc.(FSB),a Colorado company. FSB is an intellectual property (IP), formulation and white label provider that has conducted sales via e-commerce,…
DOHA, QATAR: Nakilat (Qatar Gas Transport Company) has been added to the Morgan Stanley Capital International (MSCI) Emerging Markets Large Cap Index as a constituent of the MSCI Qatar Large Cap index, effective as of the market close of November…
DOHA, QATAR: Al Khalij Commercial Bank (al khaliji) announced that rating agencies Fitch and Moody’s have affirmed the banks ratings as ‘A’ with a “stable” outlook and A3/Prime-2, with a “stable” outlook respectively. Fitch defines those entities within ‘A’ rating…
DUBAI: DAMAC Properties Dubai Co. PJSC announced financial results for the first nine months of 2020 (9M2020), wherein total revenue stood at AED 3.7 billion, up 32.14 percent from AED 2.8 billion in 9M2019. Booked sales for the period stood…
HERNING, DENMARK: Everfuel A/S has ordered six hydrogen trailers for delivery in 2021. The six trailers to be delivered by Hexagon Purus will operate in Norway, Denmark and the Netherlands. Everfuel A/S has signed a multi-year frame agreement with Hexagon…
PARIS: Total SE has finalized the acquisition from the Viessmann group of Charging Solutions, the subsidiary specialized in Electric Vehicle charging infrastructure of its affiliate Digital Energy Solutions (DES). With this transaction, Total becomes the operator in Germany of a…
LONDON: Powerhouse Energy Group plc, the UK technology company commercialising hydrogen production from waste plastic, signed non-binding Heads of Terms with Hydrogen Utopia International Limited (HUI) with a view to granting HUI an exclusive non-transferable licence for the application of…
LONDON: Volex plc, the global supplier of integrated manufacturing services and power products, has signed a share purchase agreement for the proposed acquisition of the entire issued share capital of De-Ka Elektroteknik Sanayi ve Ticaret Anonim Şirketi (DEKA), for a…
CAMBRIDGE: Bango Plc, the global platform for data-driven commerce, has expanded its partnership with Microsoft to open-up access to Xbox subscriptions and consoles sales, a news release said. With new Xbox Series X and Xbox Series S now available in…