Capita plc has agreed to sell its standalone software business via the sale of Capita One Limited by Capita Business Services Ltd to Orchard Information Systems Limited, a wholly-owned subsidiary of the MRI Software LLC
Author: Ali Mirza
Seeing Machines acquires Asaphus Vision GmbH; signs collaboration with Valeo
has announced the acquisition of Asaphus Vision GmbH, a highly specialised development group with leading Machine Learning (ML) and Artificial Intelligence (AI) capability
Barclays sells German consumer finance business to BAWAG
Barclays PLC today announced that Barclays Bank Ireland has agreed the sale of certain assets and liabilities, which together comprise its German consumer finance business to BAWAG P.S.K
Katoro Gold plc appoints Patrick Cullen as Interim Chief Executive Officer
LONDON: Katoro Gold plc (AIM:KAT), the strategic and precious minerals exploration and development company, announced, Mr Patrick Cullen as Interim Chief Executive Officer on the company’s Board. Mr Cullen is charged with guiding and managing the Company through the next phase in its development including: As outlined in the Company’s announcement on 28 June 2024,…
Recyclus Group signs black mass offtake agreement with LOHUM Cleantech
LONDON: Recyclus Group has signed a black mass offtake agreement with LOHUM Cleantech, India’s leading producer of sustainable energy transition materials. Recyclus will sell black mass produced at its industrial-scale lithium-ion (“Li-ion”) battery recycling facility in Wolverhampton to LOHUM’s facility in India, with the requisite regulatory approvals underway. This agreement aligns with Recyclus’ strategy to…
Vodafone UK and Virgin Media O2 sign network sharing agreement
Vodafone UK and Virgin Media O2 have agreed to extend and enhance their existing mobile network sharing agreement for more than a decade
Beacon Therapeutics raises $170 million in a Series B financing
Syncona Ltd announced that it has committed $42.5 million (£33.5 million) to a $170 million (£134 million) Series B financing of its portfolio company Beacon Therapeutics, a leading ophthalmic gene therapy company
Oakley Capital agrees sale of investment in idealista at €2.9 billion valuation
LONDON: Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund IV has sold its stake in idealista, southern Europe’s leading online real estate classifieds platform, to Cinven in a transaction that values the business at €2.9 billion. idealista has performed ahead of its original investment case and, including prior distributions, Fund…
Wilmington plc has sold UK Healthcare Business for £26.3 million
Wilmington plc (LSE: WIL) has sold its UK Healthcare Business for up to £26.3 million to Inspirit Franklin Holdings Ltd, an entity ultimately owned by funds managed by Inspirit Capital
PI Industries offers to acquire Plant Health Care plc for £32.8 million in cash
PI Industries Ltd. has reached agreement on the terms of a recommended cash offer to acquire entire issued and to be issued share capital of Plant Health Care plc (PHC) at the rate of 9.0 pence in cash per share
Funding Circle to sell US business to iBusiness Funding for £33 million
Funding Circle has entered into an agreement for the sale of Funding Circle’s US business to iBusiness Funding, LLC (IBF). The transaction will be for a total cash consideration of £33m
Andrea Montague appointed Group Chief Executive Officer of Brooks Macdonald Group
LONDON: Brooks Macdonald Group plc announced that Andrew Shepherd has notified the Board of his decision to retire after twenty two years with the Group, and latterly three as Group Chief Executive Officer. The Group announced the appointment of Andrea Montague as Group Chief Executive Officer from 1st October 2024, subject to regulatory approval. To…