EL PASO: Helen of Troy Limited, a global consumer products company, has completed acquisition of Drybar Products LLC, for approximately $255 million in cash, subject to certain customary closing adjustments. The purchase price implies a pre-synergy multiple of less than…
SYDNEY: Genworth Mortgage Insurance Australia Limited announced that Ms. Pauline Blight-Johnston has been appointed Chief Executive Officer and Managing Director; her appointment will take effect on Monday, 2 March 2020. Ms. Blight-Johnston takes over from Mr. Duncan West who was…
SYDNEY: Bisalloy Steel Pty Ltd has announced the signing of a supply agreement with Leong Jin (Changzhou) Special Steel Co. Ltd through which a broader range of premium wear and structural Q&T steel products will be supplied exclusively to the…
NEW SOUTH WALES: The Board of Virtus Health Limited announced that Ms Kate Munnings will commence as Group Chief Executive Officer of Virtus Health Limited on 4 May, 2020. Sonia Petering, Chair of Virtus Health Limited said, “Kate brings a…
ISLAMABAD: Huawei, in cooperation with UnionPay International and National Bank of Pakistan, has launched its mobile wallet service Huawei Pay in Pakistan, making it the 4th market where Huawei Pay has been made available, following China, Russia and Hong Kong,…
LONDON: Together Financial Services Limited, one of the UK’s leading specialist mortgage and secured loan providers, announced that Gerald Grimes is to join the business as Group CEO Designate and be appointed to the Group Board as an Executive Director,…
MONTREAL: Hg, the specialist private equity investor focused on software and service businesses, has finalized an agreement for an investment in Intelerad Medical Systems, a leading global provider of medical imaging software and enterprise workflow solutions. HgCapital Trust plc will…
LONDON: Workspace Group, provider of flexible work spaces in dynamic London locations, has appointed Stephen Hubbard as Non-Executive Chairman of Workspace. Stephen Hubbard will assume the office at the conclusion of the 2020 Annual General Meeting on 9 July 2020….
LONDON: Vodafone Group and Sunrise Communications Group have announced a new partnership agreement in Switzerland, which began on 1 January 2020. This strategic partnership will allow Sunrise’s Enterprise customers to benefit from a range of Vodafone Business services, including mobile…
OLDWICK: Global credit rating agency, AM Best has downgraded the Financial Strength Rating (FSR) of Florida Family Insurance Company (FFIC) and its subsidiary, Florida Family Home Insurance Company (FFHIC), while the outlook of the FSR has been revised to stable…
ABU DHABI: First Abu Dhabi Bank (FAB) has entered into exclusive discussions with Bank Audi to acquire its fully owned subsidiary in Egypt, Bank Audi Egypt. A working group has been formed to assess the potential acquisition. At the current…
DUBAI: Dubai Islamic Bank (DIB) has announced the completion of the acquisition of Noor Bank in a transaction structured through a share swap. As part of this agreement, DIB has issued 651,159,198 new shares to take its issued share capital…