Industry News

Strat Aero plc has closed its acquisition of UK based, UAV-operated topographical surveys and inspection services firm Geocurve Ltd. the company said. The final consideration of GBP 954,893 represents the actual sales achieved by Geocurve during the year ended 31 March 2016 of GBP 659,384 adjusted for sales pipeline factors and profitability. Geocurve, which is based in Essex, UK, provides survey and inspection..."/>
Strat Aero Closes Acquisition of UK-based, UAV-Specialised Surveying Business
Ensor Holdings plc and specialises in thedevelopment, manufacture, installation and..."/>
Hill and Smith Closes GBP 10m Acquisition of UK Security Acesss Products Firm Technocover
Harel Insurance Investments and Financial Services Ltd. and Migdal Insurance and Financial Holdings Ltd. signed an agreement with the Shoval Management and Investments firm, dealing with the management of property and offices for rent in high-end Tel Aviv towers, for the lease of offices with a total area of 10,000 sqm in one of the two Alon Towers, owned by the insurance companies. Shoval will pay a total rent of NIS 1.1 million for the offices, parking and additional..."/>
Harel, Migdal lease space in Alon Tower [Globes, Tel Aviv, Israel]
Mazor Robotics Ltd. (Nasdaq: MZOR;, which develops robotic spine surgery systems, launched the Mazor X. The system will be at the center of Mazor's cooperation with medical instrumentation corporation Medtronic. Mazor announced that following past company efforts, the system has already been cleared for marketing. According to the agreement between the parties, Medtronic is expected to order at least 15 systems by the end of the year."/>
Mazor unveils spine surgery guidance system [Globes, Tel Aviv, Israel]
Where everyone is family [The Pueblo Chieftain, Colo.]
Decks, and the care thereof [The Philadelphia Inquirer]
Diageo Plc to deposit the remaining amount of the $75 million' sweetheart deal' payable to beleaguered businessman with the tribunal. On Saturday, the DRT passed three orders on so-called Interlocutory Applications which include lifting of the corporate veil of Kingfisher Finvest Pvt Ltd--a wholly owned company under Mallya's United Breweries Holdings..."/>
DRT tells Diageo to deposit amount payable to Vijay Mallya with tribunal [Mint, New Delhi]
Heineken NV's attempt to increase its stake in United Breweries Ltd fizzled out on Saturday as the Debt Recovery Tribunal dismissed the application by Dutch beer maker which had sought' first right' on any sale of seized shares. Heineken, which has 43% stake in UBL-filed an Interlocutory Application on 18 June seeking to implead itself in the original application filed by a consortium of banks seeking led by State Bank of India to recover over Rs.9, 000 crore..."/>
Heineken plea for 'first right' on United Breweries share sale dismissed [Mint, New Delhi]
Daily Mail, London, market report column [Daily Mail, London]
Daily Mail, London, business briefs column [Daily Mail, London]

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