LONDON: SIG plc, a leading European supplier of specialist building materials, has completed the sale of its Air Handling Division to France Air Management for an enterprise value of EUR 222.7 million on a cash free, debt free basis. The…
LONDON: Integumen’s subsidiary Rinocloud has entered into a commercial and AI development partnership with Acumen Software (Pty) Ltd of South Africa. The cooperative alliance has been established to create a combined offering of Acumen’s integrated mobile asset and management software…
LONDON: Marlowe plc has acquired Eurosafe UK Group Limited for an enterprise value of £2.5 million. Marlowe is a UK leader in specialist services which assure safety and regulatory compliance, whilst managing risk for businesses across the country. Formed in…
LONDON: ADM Energy Plc has entered into a non-binding memorandum of understanding (MOU) with Trafigura Pte Ltd, a market leader in the global commodities industry whose core business is the physical trading of oil and petroleum products and metals and…
MUMBAI, India: Mahindra & Mahindra Ltd. (M&M) has reported that its auto sector sales stood at 52,546 vehicles during January 2020, while Mahindra’s farm equipment sector sold 23,116 units in India during January 2020. In the passenger vehicles segment (which…
OLDWICK: Global rating agency, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of Elips Life Insurance Company headquartered in Schaumburg, IL, USA. The outlook of these…
LONDON: Insurance sector rating agency AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” from “a+” of Luxembourg based iptiQ Life S.A., the ultimate…
PARIS: Novacyt S.A, an international specialist in clinical diagnostics, announced that its molecular diagnostics division, Primerdesign, has launched a new molecular test for novel coronavirus (2019-nCoV). As announced on 28 January, the research use only (RUO) test has been developed…
LONDON: GAN plc, business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (SaaS) to the US land-based casino industry, has agreed to supply its Simulated Gaming software to the Snoqualmie Indian Tribe, with new services anticipated to launch to customers in…
LONDON: Sativa Group’s subsidiary Goodbody Botanicals has secured a product listing agreement with Alliance Healthcare, one of the leading distributors and wholesalers of pharmaceutical, medical and healthcare products in the UK and Europe. This gives Alliance’s 10,000+ high street retailer…
MOSCOW: Etalon Group Plc, Russia’s largest development and construction company, announced that Moscow Exchange has approved the listing of the Company’s Global Depositary Receipts (GDRs), and the inclusion of these securities in the Level 1 List. The first trading day…
LONDON: Global credit rating agency, news publisher and data analytics provider, AM Best has said that from an operational point of view, the United Kingdom’s departure from the European Union on 31 January 2020 will have little immediate impact on…