New midstream company Ironwood II launched with EnCap Flatrock’s backing

Ironwood Midstream Energy Partners has created Ironwood Midstream Energy Partners II (Ironwood II), a new Texas-based midstream company, supported by an initial capital commitment of $400 million from EnCap Flatrock Midstream and management. Ironwood II will focus on developing midstream infrastructure for oil and gas producers engaged in shale plays across North America. The new […]

AB InBev to take 100% stake in craft beers producer Craft Brew Alliance

AB InBev acquisition of Craft Brew Alliance : Belgian drinks giant Anheuser-Busch InBev (AB InBev) has agreed to take full ownership in Portland-based craft brewing company Craft Brew Alliance (CBA) in a deal worth around $321 million, as per the latest drinks acquisition news. Currently, AB InBev holds a stake of 31.2% in Craft Brew […]

Inszone Insurance Services acquires Jones Wilson Insurance in Arizona

Inszone Insurance Services, a California-based personal and commercial lines insurance provider, has acquired Arizona-based Jones Wilson Insurance for an undisclosed price, as per the latest insurance acquisition news. Jones Wilson Insurance, which is headquartered in Benson, has been offering insurance services to businesses and residents of Cochise County for close to six decades. Troy Jones […]

Ærfugl project : Aker BP and partners to proceed with phase 2 development

Aker BP and its partners will move ahead with the second phase of the NOK 8 billion ($880 million) Ærfugl project (formerly Snadd field development) in the Norwegian Sea, three years ahead of the original start-up plan of 2023. The Ærfugl field is located in the northern part of the Norwegian Sea, just west of […]

Maersk Interceptor to drill exploratory well on PL617, offshore Norway

Danish drilling rig operator Maersk Drilling has bagged a drilling contract worth $16.5 million for its Maersk Interceptor jackup drilling rig from MOL Norge for the drilling of an exploration well on PL617 in the Southern North Sea in Norwegian waters. MOL Norge is the operator of PL617 where it is partnered by Wintershall Dea and […]

F2G gets olorofim breakthrough therapy status from FDA for mold infection

F2G has secured breakthrough therapy designation to olorofim (formerly F901318) from the US Food and Drug Administration (FDA)  for the treatment of invasive mold infections. The breakthrough therapy designation is for the use of olorofim in patients having limited or no treatment options, and also those who are intolerant to currently available therapy for their […]

Givaudan to acquire New Jersey-based Ungerer

Givaudan acquisition of Ungerer : Givaudan has agreed to acquire Ungerer & Company, a US-based flavour, fragrance, and specialty ingredients company, for an undisclosed price. Ungerer, which is headquartered in New Jersey is in the flavor and fragrance specialty ingredients business, in particular, in essential oils. The company, which was established more than 125 years […]

Chinese biopharma company Akeso raises $150m for antibody drug discovery

Akeso, a Chinese biopharma company engaged in antibody drug discovery and development in oncology and immunology therapeutic areas, has raised nearly $150 million through a Series D funding round. The investment in the clinical stage company was led by Loyal Valley Capital (LVC) and Sino Biopharmaceutical. The co-investors in the Series D round are healthcare […]

Parity Technology acquires hotel solutions provider Hotspot International

Hospitality technology company Parity Technology Solutions has acquired Hotspot International, a hotel solutions provider for an undisclosed price, in a move to bolster its position in the hospital technology industry. Hotspot International provides turnkey solutions in Mexico, the US, Central America, and the Caribbean. The company is engaged in offering High-Speed Internet Access (HSIA) and […]

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