PERTH: XTEK Limited and Skykraft Pty Ltd announced the award of an Australian Space Agency (ASA) Grant for the development of a SmallSats constellation launch stack. Skykraft, in conjunction with project partner XTEK, have been awarded the Australian Space Agency’s…
SPOKANE: PotlatchDeltic Corporation announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction is subject to customary closing conditions and is expected to close in the second half…
DOHA: Milaha, a Qatari Public Shareholding Company with the diversity to deliver seamlessly integrated transport and supply chain solutions, has announced a reorganisation of the company. The changes are in line with Milaha’s strategy to expand services for its core…
DUBAI: GFH Financial Group announced Fitch Ratings, the international credit rating agency, has reaffirmed the Group’s rating Long-and Short-Term Issuer Default Rating (IDR) at ‘B’ with the outlook on the Long-Term IDR as ‘Stable’. The reaffirmation of the Group’s ratings…
MUMBAI: In a landmark development for COVID-19 patients in India, Glenmark Pharmaceuticals announced the launch of antiviral drug Favipiravir (brand name FabiFlu) for the treatment of mild to moderate COVID-19 patients. Glenmark has received manufacturing and marketing approval from India’s…
TORONTO: Halo Labs announced an update on the Company’s edibles product launch and expansion plan in California and Oregon to capitalize on segment growth. According to BDS Analytics, edibles spending in the US and Canada is forecast to grow to…
SAN FRANCISCO: PG&E Corporation and Pacific Gas and Electric Company announced that the United States Bankruptcy Court for the Northern District of California has confirmed the company’s Chapter 11 Plan of Reorganization. This follows the California Public Utilities Commission’s approval…
HALIFAX: Child care centres across Nova Scotia are now facing a funding crisis that threatens to undermine the viability of the entire sector. Premier McNeil told families that their child care spots would be held for them once the economy…
YORK: C-P Flexible Packaging, a leading manufacturer of flexible packaging, announced the acquisition of Genpak Flexible from The Jim Pattison Group. Genpak Flexible is a leading North American supplier of compostable packaging and offers a wide range of unique, patented…
SCOTTSDALE: Carlisle Companies Incorporated announced the termination of its previously announced agreement to acquire Draka Fileca SAS from Prysmian SpA. Chris Koch, Chairman and Chief Executive Officer, said “While we were enthusiastic about completing the transaction, unfortunately, the COVID-19 pandemic…
MILL VALLEY: Four Corners Property Trust (FCPT), a real estate investment trust, announced the acquisition of a corporate-operated Big O Tires property for $2.7 million. The lease is guaranteed by TBC Corporation, one of the largest independent tire retailers in…
LAS VEGAS: Cannae Holdings Inc. has strategically entered into a forward purchase agreement with Trebia Acquisition Corp. in which Cannae, as an anchor investor and a founding member of the Sponsor Group, will purchase an aggregate of 7,500,000 Class A…