Zynga enters to acquire hyper-casual mobile game developer Rollic

With this acquisition, Zynga enters the growing mobile game market  Acquisition anticipated close on 1 October 2020 The deal also diversifies and Expands Zynga’s advertising business Zynga Inc., a San Francisco-based leadin....

Westport Fuel Systems inks LPG systems supply contract with NAFTAL

Vancouver-based Westport Fuel Systems Inc., has reportedly announced that its Italian subsidiary MTM has inked an agreement with Algerian State-Owned Agency for Distribution and Sale of Oil and Gas (NAFTAL) to supply the developing Algerian....

Nordex to sell wind and solar project pipeline to RWE for $474 million

The Nordex Group, one of the world's largest wind turbine manufacturers, has reportedly agreed to sell most of its European onshore wind and solar project development pipeline to German-based RWE AG for USD 474 million (EUR 402.5 millio....

Metro Bank buys British P2P lender RateSetter for £2.5 million

UK-based retail banking company, Metro Bank has decided to purchase distressed P2P lending company, RateSetter for an initial consideration of £2.5 million. According to reliable sources, the acquisition comes just weeks aft....

CNG expands its packaging business with American Packaging acquisition

Central National-Gottesman Inc., a world leading distributor of newsprint, paper, pulp, tissue, packaging, and plywood, has reportedly announced that the company’s Kelly/Spicers division has expanded its packaging business across West....

Qatar sovereign fund in talks to invest $1.5 billion in JioFiber

The fundraising spree seems to be going at unprecedented speed for Reliance Industries Limited. After successfully raising over $20 billion for Jio Platforms in the peak times of coronavirus, Mukesh Ambani led firm is in talks with Qatar In....

Umweltbank provides €55M loan for 110 MW Schornhof solar park

German green lender, Umweltbank, has reportedly announced that it will furnish a €55 million loan for the development of Anumar’s Schornhof solar park, with a generation capacity of 110 MW and currently undergoing construction in....

Mirabaud buys out two Californian office buildings for a sum of $95.2M

The Asset Management division at Mirabaud has reportedly announced that it has acquired two single-tenant office buildings situated in San Jose, California. While the transaction involves a cost of $95.2 million, the deal has been carried o....

UK’s carbon emissions may turn negative by 2033, says National Grid

As the UK relied extensively on renewable energy sources to generate power in the recent years, the new research report by National Grid ESO stated that carbon emission from the nation’s electricity systems could turn negative as earl....

OYO opts hybrid workplace model for smoother business operations

Corporates are slowly beginning to call their staff back to the office as COVID-19 restrictions are gradually being lift off. The Department of Telecommunications (DoT) has extended the relaxation of guidelines to facilitate work from home ....