LONDON: Hg, the Manager of HgCapital Trust plc (HGT), announced the sale of A-Plan Group (APG), one of the UK’s largest specialist insurance intermediaries, to Howden, the international insurance broking group. Hg partnered with APG in 2015, recognising the business’…
DUBLIN: Uniphar plc announced its acquisition of US-based, Diligent Health Solutions (DHS), which completed earlier this week. DHS is a US-based healthcare communications company, providing enhanced contact centre services, focused on the delivery of medical information to patients, healthcare practitioners…
LONDON: Strix Group Plc has entered into a conditional agreement to acquire, through its newly incorporated indirect subsidiary, Strix Italy S.r.l., the entire share capital of LAICA S.p.A for an initial consideration of approximately €19.6 million. The purchase consideration comprises…
LONDON: Staffline Group has announced the appointment of Albert Ellis, currently Non-executive Director, as Chief Executive Officer with effect from 1 October 2020. Staffline is the UK’s market leading Recruitment and Training group. Albert was appointed to the Board of Staffline…
OSLO: NES Global Talent (NES), in which Akastor holds an economic interest of around 17%, has entered into an agreement to combine its business with the Fircroft Group. The transaction represents a strategic alignment to create one of the leading…
ALBUQUERQUE: Santa Fe Farms has acquired FathomNM’s post cultivation services as part of its overall Hemp operations in New Mexico, a news release said. Santa Fe Farms is a leader in the production, extraction, manufacturing, and distribution of THC-free, Hemp-based…
NEW YORK: Bristol Myers Squibb has successfully completed its transaction to acquire Forbius for their TGF-beta program, including its lead investigational asset AVID200, currently in Phase 1 for oncology and fibrosis. “We are pleased to complete the transaction with Forbius…
SAN JOSE: Hewlett Packard Enterprise (HPE) has completed the acquisition of Silver Peak, an SD-WAN (Software-Defined Wide Area Network) leader, in a transaction valued at $925 million. Silver Peak will become a part of Aruba, a Hewlett Packard Enterprise company….
SAN JOSE: Lumileds, a global leader in innovative lighting solutions, has appointed Matt Roney as the company’s Chief Executive Officer, effective October 1, 2020, a news release said. Roney most recently served as President of Lumileds’ Automotive Business Unit and…
SINGAPORE: Singapore Exchange (SGX) and National Stock Exchange (NSE) of India have entered into a formal agreement to cement the key terms for operationalising the NSE IFSC-SGX Connect which will bring together international and Gujarat International Finance Tec-City (GIFT) participants…
SINGAPORE: Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard, clinched contracts worth approximately S$200 million combined. In the United States, Keppel AmFELS will be constructing a high-specification Trailing Suction Hopper Dredger…
SINGAPORE: Fitch Ratings has taken rating action on the Long-Term Issuer Default Ratings (IDR) of four Indian non-bank financial institutions (NBFI) in light of the companies’ performance amid the coronavirus pandemic. The rating actions are as follows: · IIFL Finance Limited…