Economic and Market News for 27 August 2020
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27 Aug
09:48EFG Hermes, GB Auto take 75% stake in Tokio Marine Egypt in a deal worth EGP 84.75mEFG Hermes and GB Auto said they had taken a 75% stake in Tokio Marine Egypt Family Takaful, in a deal worth EGP 84.75m. EFG Hermes Finance and GB Capital woudl each hold a stake of 37.5% of the...
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27 Aug
09:20BATM Advanced Communications secures three-year contract from first 'tier 1' customerBATM Advanced Communications said it had secured a three-year contract from a first 'tier 1' customer for its virtual networking offering. The customer, a telecommunications provider and...
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27 Aug
09:16Keywords Studios acquires Maverick Media for up to £3.6mVideo games services provider Keywords Studios said it had acquired Maverick Media, a video games creative marketing agency, for an amount of up to £3.6m. The acquisition would further the...
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27 Aug
09:11Immunodiagnostic Systems to help manufacture Binding Site's coronavirus testsImmunodiagnostic Systems said it would provide contract manufacturing services to The Binding Site related to their coronavirus antibody test. The antibody-coated ELISA microtiter plates for...
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27 Aug
08:26DFS Furniture sells The Sofa Workshop to Halo Furnishings for £0.3mDFS Furniture said its subsidiaries, DFS Furniture Company, had entered into an agreement to sell The Sofa Workshop to Halo Furnishings for £0.3m. The deal was conditional on regulatory approval...
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27 Aug
07:58Carnival extends pause on operations in Australia amid virus spreadCruise operator Carnival said it was extending its pause of operations in Australia through December owing to the continued progression of COVID-19. Carnival's Princess Cruises would extend its...
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27 Aug
07:52Gaming Realms secures multi-state agreement to bolster US presenceGaming content developer and licensor Gaming Realms said it had secured its first multi-state direct-integration agreement with its existing partner Rush Street Interactive as it continues to focus...
