Have you ever been tempted to invest your money with someone you know, such as a friend, a relative, or an acquaintance? Have you ever been promised high returns on your investment, only to find out later that you have been scammed? If so, you are not alone. According to a recent report by the…
Author: Ali Mirza
HgCapital Trust plc invests in European insurance broker GGW Group
LONDON, UK: HgCapital Trust plc (HGT), a listed investment trust managed by Hg, has announced its participation in the next growth stage of GGW Group, one of Europe’s leading insurance brokers for small and medium-sized businesses. The deal, which is subject to regulatory approvals and expected to close in Q2 2024, follows an option for…
Judges Scientific’s subsidiary PE.Fiberoptics acquires Luciol Instruments SA
LONDON, UK: Judges Scientific’s subsidiary PE.Fiberoptics Ltd (PFO) has acquired 100% of the issued share capital of Luciol Instruments SA, a company manufacturing and selling instruments to measure optic fibre properties based in Mies, Vd, Switzerland. The Board expects the acquisition to be immediately earnings enhancing. The initial consideration for Luciol is CHF2 million in…
How Graphite is Powering the Future of Electric Vehicles
Graphite is a key component of lithium-ion batteries, which are widely used in electric vehicles (EVs), smartphones, laptops, and other devices. Graphite is the main material in the anode, the negative electrode that stores and releases electrons during charging and discharging. Graphite accounts for more than 50% of the weight of a typical lithium-ion battery,…
Fulcrum Metals signs LOI with Global Energy for uranium option and royalty deal
LONDON, UK: Fulcrum Metals plc (LON: FMET), a Canadian mineral exploration and development company, has signed a non-binding Letter of Intent (LOI) with Global Energy Metals Corporation (TSXV: GEMC) for an option and royalty agreement over its Saskatchewan uranium properties. The deal would give Global Energy Metals a two-year option to acquire a 19.9% stake…
Voyager Life Plc has acquired Amphora Health
LONDON, UK: Voyager Life Plc has acquired Amphora Health Ltd, owner of the Amphora and Infused Amphora brands which comprise a range of CBD oils, vapour products and accessories. The consideration payable for Amphora will be satisfied through the issue of 416,666 new ordinary shares of £0.01 each in Voyager at a price of 12…
Grit Real Estate sells assets to its subsidiary GREA for US$100 million
LONDON, UK: Grit Real Estate Income Group Limited, a leading pan-African real estate company, announced today that it has sold its interests in Bora Africa and a diplomatic housing asset in Mozambique to its development subsidiary, Gateway Real Estate Africa (GREA). The deal, which is subject to shareholder approval, will raise US$100 million for Grit,…
CG Oncology goes public with $380 million IPO, Malin’s stake rises in value
LONDON, UK: CG Oncology, a biotechnology company focused on cancer immunotherapy, has launched its initial public offering (IPO) of 20 million shares at $19 per share, raising $380 million in gross proceeds. The company, which is backed by Malin Corporation, a life sciences investment firm, will trade on the Nasdaq Global Select Market under the…
Equals Group plc in talks with potential buyer, deadline extended
Equals Group plc, a leading provider of banking and international payments services, is exploring strategic options that could lead to a takeover by Madison Dearborn Partners LLC, a private equity firm. The company announced the review of its strategic options on 1 November 2023, and said that it was in contact with a limited number…
Bitcoin Mining and Investing: Risks and Opportunities in Different Scenarios
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network of computers, called nodes, that validate transactions and secure the network. Bitcoin mining is the process of using specialized hardware and software to solve complex mathematical problems, called hashes, that verify new blocks of transactions and add them to the blockchain, the public…
Netcall plc has acquired Skore Labs Limited for £6.225 million
LONDON, UK: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, announced the acquisition of Skore Labs Limited, a cloud-based process improvement software company. The total consideration for the Acquisition, including earnout, is up to £6.225 million, of which up to £4.225 million is dependent on the performance of Skore….
eEnergy Group to sell its energy management division to Flogas Britain
LONDON, UK: eEnergy Group (AIM: EAAS), the net zero digital energy services provider, has entered into an agreement to sell the company’s wholly owned energy management division to Flogas Britain Limited for initial consideration of £29.1 million, and additional contingent consideration based on the trading performance of the Energy Management Division for the period to…