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Adani Ports Signs 30-Year Concession to Operate Container Terminal 2 at Dar es Salaam Port May 31, 2024 01:31PM

Editor’s Synopsis

  • Concession marks entry of Adani Ports into Tanzania
  • CT2 has a capacity of 1 million TEUs and handles ~83% of Tanzania’s container volume
  • Dar es Salaam Port is a gateway port with a well-connected network of roadways and railways
  • Adani Ports led consortium will acquire the project company in Tanzania, which houses all port handling equipment and employees, for an amount of USD 39.5 million

AHMEDABAD, India & ABU DHABI, United... (continue reading...)


MEMSCAP - Minutes of the Annual Ordinary Shareholders’ Meeting of May 31, 2024 May 31, 2024 01:30PM

GRENOBLE, France--(BUSINESS WIRE)-- Regulatory News:

MEMSCAP (Euronext Paris: MEMS), leading provider of high-accuracy, high-stability pressure sensor solutions for the aerospace and medical markets using MEMS technology (Micro Electro Mechanical Systems), today announces that its annual ordinary shareholders’ meeting was held on May 31, 2024, at 5:00 PM in the Company headquarters located at Parc Activillage des Fontaines, Bernin (38) - France.

At the... (continue reading...)


AM Best Revises Outlooks to Positive and Affirms Credit Ratings of Worldwide Reinsurance Limited May 31, 2024 01:19PM

MEXICO CITY--(BUSINESS WIRE)-- AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Worldwide Reinsurance Limited (Worldwide Re) (Trinidad and Tobago).

The Credit Ratings (ratings) reflect Worldwide Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and... (continue reading...)


New Mountain Capital and Grant Thornton close growth investment May 31, 2024 01:00PM

Grant Thornton to accelerate current business strategy; solidify its position as the industry’s platform of choice

CHICAGO & NEW YORK--(BUSINESS WIRE)-- Grant Thornton LLP, one of America’s leading providers of audit, assurance, tax and advisory services, and New Mountain Capital, a leading growth-oriented investment firm with approximately $50 billion in assets under management, today announced the closing of a significant growth investment in Grant Thornton... (continue reading...)


Azuba Corporation Appoints David Corso as EVP and Chief Revenue Officer May 31, 2024 01:00PM

NAPERVILLE, Ill.--(BUSINESS WIRE)-- Azuba (formerly Napersoft), a leading cloud-based health ecosystem that facilitates the exchange of lifetime patient clinical records for over 90% of all clinical data in the USA, is excited to announce the appointment of David Corso as its new Executive Vice President (EVP) and Chief Revenue Officer (CRO).

This press release features multimedia. View the full release here: ... (continue reading...)


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