MUNICH: Mutares SE & Co. KGaA has successfully completed the acquisition of the German Metallurgie Business of Nexans, a news release noted. The company with manufacturing locations in Bramsche and Neunburg, Germany is now operating under the name Lacroix +…
OSLO: First Mover Group (FMG) continues expansion in Europe with the opening its first office in Krefeld, Germany, a news release said. Krefeld is located outside Düsseldorf in the state of Nordrhein-Westfalen, an area of approximately 13 million people within…
LONDON, UK: CentralNic Group plc announced the completion of its acquisition of the Zeropark and Voluum businesses including all material trade and assets pertaining thereto. CentralNic Group is the global internet platform that derives revenue from the worldwide sales of…
DOHA: All of Qatar Stock Exchange (QSE) listed companies have disclosed their financial results for the period ended September 30, 2020. The results show a net profit of QR 24.3 Billion compared to QR 29.4 Billion for the same period…
LONDON: Pensana Rare Earths Plc announced the appointment of Rt Hon Baroness Lindsay Northover PC as a Non-Executive Director of the Company with immediate effect. Baroness Northover (66), the Prime Minister’s former Trade Envoy to Angola (2016-2020) and Zambia (2017-2020)…
DUBAI: Dubai Islamic Bank (DIB) has completed the integration of Noor Bank with the successful migration of all banking relationships into DIB. The acquisition further enhances DIB’s position as one of the largest Islamic banks in the world with total…
SINGAPORE: Transurban Group announced that it opened NorthConnex on 31 October 2020. The 9-kilometre twin NorthConnex tunnels connect the M1 Pacific Motorway and the Hills M2 Motorway in Sydney’s north suburbs, providing a critical missing link in the Sydney orbital…
KARACHI: The media in Pakistan continues to work under an environment of fear and significant constraints to press freedom. The year 2020, so far, has seen numerous attempts to silence journalists and media personnel. The use of criminal complaints, abductions…
SINGAPORE: Sembcorp Industries (Sembcorp) through its wholly-owned UK subsidiary Sembcorp Holdings Ltd, signed and completed a sale and purchase agreement to divest 100% of its stake in Sembcorp Investments Ltd (SIL), which owns 100% of Aguas de Panama S.A. (APSA),…
LONDON: RDI REIT Plc, the income focused UK Real Estate Investment Trust (UK-REIT), confirms that it has completed on the disposal of its UK retail parks portfolio of six assets. The headline price of £156.9 million reflects a 3.0 per…
LONDON: Nucleus Financial Group has entered into a binding agreement to acquire the UK business and assets of Genpact Wealth Management UK Limited (which operates under the trading name OpenWealth) as they pertain to Nucleus for a total cash consideration…
LONDON, UK: Coro Energy plc has acquired a 20.3% shareholding in ion Ventures Holdings Limited, a South East Asian and UK focused developer of clean energy projects, including renewables and battery storage for cash consideration of £500,000, a company announcement…