Economic and Market News for 30 May 2019
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30 May
10:06KRM22 enters into agreement to acquire Object+ for up to $3.9mFinancial risk management software company KRM22 entered into an agreement to acquire Object+ for up to $3.9m. The acquisition of Object+'s technology products would expand KRM22's market risk...
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30 May
09:59Gresham Technologies signs 'strategically significant' contract with multi-asset class clearing houseGresham Technologies signed a 'strategically significant' contract with a global central counterparty and rates and multi-asset class clearing house. The total committed software fees chargeable...
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30 May
09:56DekelOil's Pearlside receives €1m equity investment from Concordia to boostAgricultural company DekelOil said its investee company Pearlside had received a €1m equity investment from Concordia Corporation. The Concordia Investment was based on an implied €6m pre-money...
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30 May
09:00Ideagen wins £1.2m contract from Tier 1 airline customerIdeagen said it had won a three-year SaaS contract with a new Tier 1 airline customer, worth £1.2m. The airline, a global leader operating over 3,000 flights across six continents, would use...
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30 May
08:58Immotion Group signs number of new concession agreements in bid to expand aquatic offeringImmotion Group said it had expanded its aquatic offering after signing a number of additional concession agreements, including its first zoo. The new locations at Mote Marine Laboratory in...
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30 May
08:39Global Ports inks partnership with Royal Caribbean CruisesIndependent cruise port operator Global Ports said its subsidiary in Antigua struck an equity partnership agreement with Royal Caribbean Cruises. Under the partnership agreement, Global Ports...
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30 May
08:29Inmarsat agrees partnership with Airbus to manufacture three 'next-generation' satellitesInmarsat agreed a contract with Airbus to manufacture three 'next-generation' Global Xpress network satellites, with the first scheduled to launch in the first half of 2023. 'A clear advantage...
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30 May
08:16Equiniti Group completes US separation from Wells FargoEquiniti Group completed the separation of its EQ US division from Wells Fargo. 'Completing the separation is an exciting milestone for Equiniti's business in the world's deepest capital market....
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30 May
08:00Watches of Switzerland prices IPO at 270p per shareLuxury timepiece retailer Watches of Switzerland said it has priced shares for its first day of trading on the London Stock Exchange at 270p per share, towards the upper end of the previously...
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30 May
07:36First Group slashes losses; reveals plans to sell greyhound business amid strategy tweakFirst Group said it would sell its greyhound business as part of plan to slim down its operations and focus on its first student and first transit segments, which helped the transport company slash...