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Steve Rowe will stand down as CEO of Marks and Spencer
LONDON, UK: After six years in role, Steve Rowe will stand down as Chief Executive Officer of Marks and Spencer (M&S) at the company's preliminary results on 25 May as…
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Hexagon Agility to provide fuel systems for CNG buses to Scania Colombia
OSLO, NORWAY: Hexagon Agility has received an order from Scania Colombia, a world-leading bus and truck OEM, to deliver compressed natural gas (CNG) fuel systems for nine-and twelve-meter buses. These…
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Technology Minerals acquires Blackbird Creek Property
LONDON, UK: Technology Minerals (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces that its wholly owned subsidiary Techmin Limited has exercised…
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Sanctions against KPMG LLP and Mr Michael Neil Frankish
LONDON: The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG LLP and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc ("the Company") for the…
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IP Group’s portfolio company Microbiotica completes £50m fund raise
LONDON, UK: IP Group plc (LSE: IPO) portfolio company Microbiotica Ltd, a leading player in discovering and developing microbiome-based therapeutics and biomarkers, has completed its £50m Series B financing round,…
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600 Group to dispose of Group’s Machine Tool Solutions Division for $21mn
LONDON, UK: The 600 Group PLC (AIM: SIXH), the diversified industrial engineering company, and certain other Group companies have entered into a conditional sale and purchase agreement with Timesavers Acquisition…
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Getlink and CAT Group launch cross-channel rail freight service for Toyota
PARIS, FRANCE: Getlink and CAT Group have launched a new cross-Channel rail freight service transporting Toyota vehicles, for a period of 6 years, between Toton (UK) and Kolin (CZ) via…
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Cloudflare to acquire Area 1 Security
AMSTERDAM: Cloudflare signed an agreement to acquire Area 1 Security, a cloud-native email security company, and leader in preventing phishing attacks in email, web, and network environments. "Together, we expect…
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ICI and Tariq Glass to setup 1,000 tons/day float glass plant
KARACHI: ICI Pakistan and Tariq Glass Industries have executed a joint venture agreement to set up a greenfield state-of-the-art float glass manufacturing facility having a production capacity of up to 1,000 tons/day.…
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BioPharma Credit to invest $325mn in Collegium Pharmaceuticals
LONDON, UK: BioPharma Credit (LSE: BPCR) t, through its fully owned subsidiary, together with BioPharma Credit Investments V (Master) LP, has provided Collegium Pharmaceutical Inc. (Nasdaq: COLL) a commitment to…
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CentralNic to acquire Fireball Search GmbH and .ruhr Top-Level Domain
LONDON, UK: CentralNic Group has entered into agreements to acquire Fireball Search GmbH as well as the .ruhr Top-Level Domain (TLD) for a total aggregate consideration of EUR 0.6m in…
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Embron CEO Trond K. Johannessen will join Pexip Holdings in May 2022
OSLO, NORWAY: Board of Directors of Pexip Holding ASA announced the appointment of Trond K. Johannessen, currently the CEO of Embron Group, a global IT and technology corporation, as Chief…