MILL VALLEY–(BUSINESS WIRE)–Four Corners Property Trust (FCPT), a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties, acquired seven corporate-operated Chili’s restaurant properties for $28.7 million. The properties are located in Colorado, Louisiana, Mississippi, Oklahoma,…
LAHORE: Nestlé Pakistan, District Council Hunza, Gilgit Baltistan Waste Management Company (GBWMC) and Karakoram Area Development Organization (KADO) have signed an MoU for “Clean Hunza Project”. The project is supported by the company’s Nestlé Fruita Vitals and Nestlé Pure Life…
MOSCOW: Sovcombank and Liberty Mutual Group have entered into a definitive agreement whereby Sovcombank will acquire Liberty Insurance PJSC, a Russian subsidiary of Liberty Mutual. Boston-based LMHC, the parent corporation of the Liberty Mutual Insurance group of entities, is a…
CALGARY: PetroTal Corp., the Peruvian focused E&P company, announced an oil sales agreement with PETROPERU S.A., a state owned company, for oil production from the Bretaña oil field, operated 100% by PetroTal. Given the Company’s increased oil production from the…
TORONTO–(BUSINESS WIRE)–Halo Labs Inc. has entered into a binding Letter of Intent (LOI) to acquire all of the common shares of Canmart Limited in the United Kingdom (UK). The total transaction size of the Canmart acquisition is anticipated to be…
NEW YORK: Declining rates and growing competition in the U.S. workers’ compensation insurance segment could begin to challenge carriers’ ability to retain profitable accounts and maintain market share, a new AM Best report said. The Best’s Market Segment Report, “Declining…
LONDON, UK: CentralNic Group has completed the acquisition of Team Internet, a web service provider based in Munich, Germany. CentralNic, the company that supplies domain name and web services subscriptions over its proprietary platforms to millions of businesses globally, also…
LONDON: Etalon Group, the Russia based development and construction company, announces that it has completed the Fusion residential complex in the Vyborgskiy district of St Petersburg. The project has a total NSA of 14 ths sqm, including 10 ths sqm…
LONDON, UK: TBC Bank Group’s subsidiary JSC TBC Bank has signed a loan agreement in the amount of GEL (lari) 90 million with the European Investment Bank (EIB) to finance micro, small and medium size businesses in Georgia and support…
MUMBAI: Steel Authority of India Ltd, Housing Development Finance Corporation Ltd, JSW Steel Ltd and CEAT Ltd have made an application to list Commercial Paper at BSE for an Issue Size of Rs. 1,800 Crores, Rs. 1,100 Crores, Rs. 335…
KARACHI: Pakistan Petroleum Limited (PPL) the operator of Margand Block with 100 percent working interest has made a hydrocarbons discovery from its 1st exploratory well Margand X-1 in the block. It is located in District Kalat, Balochistan Province. Margand X-1…
DUBAI: BASF and an affiliate of Lone Star, a global private equity firm, signed a purchase agreement for the acquisition of BASF’s Construction Chemicals business. The purchase price on a cash and debt-free basis is €3.17 billion. The transaction is…