OLDWICK: AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” of Slavonic Mutual Fire Insurance Association and its wholly owned subsidiary, Slavonic…
ISLAMABAD: Denmark has offered to provide mini/micro renewable power plant technologies to Pakistan as the Nordic renewable energy giant eyes South Asian market with active interest. Rolf Holmboe, Ambassador of Denmark to Pakistan in a meeting with Nadeem Babar, Special…
WELLINGTON: AFT Pharmaceuticals has signed licensing agreements for its Maxigesic pain relief medication in Germany, Pakistan and Vietnam, countries with pain relief markets worth more than US$1 billion. In Germany, where AFT has already achieved regulatory approval for Maxigesic tablets,…
LONDON: Uniphar plc has announced acquisition of Nordic-based medtech service provider, EPS Group and Irish-based medtech service provider M3 Medical Limited. The EPS Group comprises EPS Vascular AB and EP Endovascular AB, both registered in Sweden and EPS Vascular OY…
LONDON: Equals Group PLC, the e-banking and international payments group, has acquired the entire issued ordinary share capital of Casco Financial Services Limited, a UK based payment services provider for £1.725 million with a potential additional consideration of £2.0 million,…
MOSCOW: Sberbank and Mail.ru Group have agreed on strategic cooperation and signed binding paperwork to partner in mobility and food-tech. Sberbank has also signed binding documents to acquire a 36% shareholding in MF Technologies. The parties are set to leverage…
OSLO: Magseis Fairfield has entered into an agreement with an established multi-client company to participate in a multi-client project, which is expected to commence late in the first quarter of 2020. “This is the first phase of a multi-year campaign…
SUBIACO: K2fly Ltd announced that Rio Tinto have signed a five-year contract to implement the RCubed Mineral Resource and Reserve solution across 20 sites globally. Implementation will commence immediately. The total contract value, including initial implementation costs, is for AU$1.45…
PERTH: Regional Express (Rex) has finalised with ST Engineering the acquisition of its subsidiary Aviation Training Academy Australia Pty Ltd which owns ST Aerospace Academy (Australia) Pty Ltd (STAA(A)). STAA(A), located at Ballarat, Victoria, is a pilot academy founded over…
PERTH, AUSTRALIA: ServTech Global Holdings (Vection), a multinational software company that creates 3D, Virtual Reality (VR) and Augmented Reality (AR) solutions, has entered into a software distribution agreement with Canadian marketing and business intelligence specialist App Arquela Inc. The agreement…
MELBOURNE: Mako Gold Limited has completed its latest RC drilling program on the Tchaga Prospect at the Company’s 224 km2 Napié Project in Côte d’Ivoire. Mako is earning up to a 75% interest in the Napié Project under a farm-in…
SYDNEY: Xref Limited and CVCheck Ltd announced the details of a strategic alliance. As a result of the agreement, Xref’s reference checks will be made available to all CVCheck users, while users of the Xref platform will be able to…