Updated: Optus confirms Amaysim stays a standalone brand, underpins AGL s first mobile service
Optus completes $250 million acquisition of the mobile virtual network operator brand
Amaysim will remain as a standalone brand following Optus’ acquisition of the mobile virtual network operator for $250 million.
The news comes as AGL launches its own first mobile brand, also taking advantage of the Optus network.
Optus completed its purchase of the 10-year-old amaysim business this week, taking on 1.2 million subscribers. As part of the deal, the brand will remain standalone while continuing to tap into the telco’s national mobile network infrastructure. Amaysim is the country’s fourth-largest mobile provider and largest MVNO locally.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
WISeKey Acquires 51% of arago’s Share Capital and Signs a Binding Term Sheet to Acquire the 49% .
Wisekey International Holding SAFebruary 1, 2021 GMT
WISeKey Acquires 51% of arago’s Share Capital and Signs a Binding Term Sheet to Acquire the 49% Remaining Minority Interest; the Combined Company Becomes a Leader in the Cybersecurity AI-Powered Knowledge Automation Market
Obtains Shareholders’ Approval on All Agenda Items of the Extraordinary General Meeting
Zug, Switzerland – February 01, 2021 – WISeKey International Holding Ltd (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that its shareholders approved all items on the agenda of the 2021 Extraordinary General Meeting held at the offices of law firm Homburger AG, in Zurich, Switzerland, on January 28, 2021, thereby allowing the Company to move
Press release content from Business Wire. The AP news staff was not involved in its creation.
emids Acquires Canadian Design-Led Software Engineering Firm Macadamian
January 28, 2021 GMT
NASHVILLE, Tenn. (BUSINESS WIRE) Jan 28, 2021
emids, a leader in digital engineering and transformation solutions to the healthcare and life sciences industry, today announced another step in its purposeful growth strategy, this time adding global design-led software engineering capabilities through the acquisition of Macadamian, one of the largest and most respected healthcare specialist firms of its kind in the world. Terms of the deal, which closed earlier this month, were not disclosed.
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Press release content from Accesswire. The AP news staff was not involved in its creation.
Jadestone Energy Inc. Announces Trading and Business Update
February 1, 2021 GMT
SINGAPORE, SINGAPORE / ACCESSWIRE / February 1, 2021 / Jadestone Energy Inc. (AIM:JSE) (“Jadestone”, or the “Company”), an independent oil and gas production company focused on the Asia Pacific region, is pleased to provide a trading and business update for the year ended December 31, 2020.
Paul Blakeley, President and CEO commented:
“Early in 2020, we responded to the combined impact of a drop in benchmark oil prices and the challenges posed by the COVID-19 pandemic. Our primary focus was to preserve our balance sheet in the face of enormous uncertainty, with an oil price that fell below US$20/bbl, and not to be driven by short term targets. We were quick in rescheduling capital investments with an eye on protecting project returns by deferring spending into a stronger price environment, and we were
The government in the Budget 2021 said that no depreciation would be allowed on goodwill. Up until now many companies would end up buying companies more than what the “book value” of the company is on its financial statements.