Subsidiary

Telecom company Bezeq (TASE: BEZQ) is selling its subsidiary Bezeq Online to One Software Technologies (TASE: ONE), an IT services provider headed by Adi Eyal. The deal price is 50 million shekels. Bezeq says the sale is…

Listed brewer EABL is set to spend Sh426 million to buy out minority shareholders in its subsidiary Uganda Breweries Limited (UBL) through a takeover bid that opened on Tuesday. EABL, which owns a 98.19 percent stake in the Ugandan beer…

Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and…

The cryptocurrency world has seen its fair share of regulatory challenges, with the latest episode involving the UK arm of prominent cryptocurrency exchange, Coinbase. The Financial Conduct Authority (FCA), the UK’s financial regulator, has…

On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July…

Equity Group has appointed AAR Insurance Holdings CEO Patrick Gatunga as managing director of its new health insurer, as the financial services firm deepens its foray into the underwriting business. Sources said Mr Gatunga, who has been…

ferrantraite/E+ via Getty Images MarineMax (NYSE:HZO) disclosed in an SEC filing late on Wednesday that the assets of one of its subsidiaries in Mexico had assets seized by the government. The company said that on April 11, without…

Justin Sullivan/Getty Images News Toyota Motor Corporation (Toyota) and Daihatsu Motor Co. announced their decision on Monday to reform the overseas business structure of both companies following a safety scandal. The goal is to create…

Aerospace Services India is a collaboration between Israel Aerospace Industries and Indian government agency Defence Research and Development Organization. This…

Companies Bamburi Cement completes Sh12bn sale of Uganda subsidiary Thursday March 07 2024 A section of Bamburi cement factory in Mombasa. FILE PHOTO | NMG Bamburi Cement has completed the sale of its 70 percent stake in its…