LONDON, UK: PZ Cussons plc announced that Valeria Juarez will join the Board as a Non Executive Director with effect from 22 September 2021. Valeria Juarez is an experienced branded consumer goods and e-commerce leader and is currently the Senior Vice President Digital Commerce International at Ralph Lauren. She has previously held senior roles in…
PLL will buy 8 spot LNG cargoes for December and January
KARACHI: Pakistan LNG Limited (PLL) will buy eight spot LNG cargoes, and has invited bids for supply of eight LNG shipments to be delivered in December 2021 and January 2022. The bids will be opened on October 11, 2021. According to the tender document, four spot LNG cargoes up to 140,000 cubic meters in capacity…
Revasum appoints Rebecca Shooter-Dodd President and CEO
SAN LUIS OBISPO: Revasum Inc. announced the appointment of Rebecca Shooter-Dodd to the roles of President and Chief Executive Officer (CEO) & Executive Director effective immediately. Ms. Shooter-Dodd is currently the Company’s Chief Financial and Operating Officer (CFOO), and Company Secretary. The Company will commence an executive search for a Chief Financial Officer. Ms. Shooter-Dodd…
Nuix Limited acquires Topos Labs for up to $25 million
SYDNEY, AUSTRALIA: Nuix Limited has entered into an agreement to acquire all the shares in Topos Labs Inc., a developer of Natural Language Processing (NLP) software that helps computer systems better understand text and spoken words at speed and scale, a news release said. The initial cost of the acquisition is US$5 million on financial …
PayPal Holdings to acquire Paidy Inc. for $2.7 billion
TOKYO, JAPAN: PayPal Holdings Inc. said it will acquire the Japanese upstart Paidy Inc. for 300 billion yen ($2.7 billion), a news release said. The acquisition will be “minimally dilutive” to adjusted earnings per share in 2022, PayPal said Tuesday in a statement. The deal, which is expected to close in the fourth quarter, will…
Verditek PLC wins Innovate UK Grant
LONDON, UK: Verditek plc, the international green energy technology company that develops, manufactures and sells advanced ultra-lightweight solar panels, announced that it has been successful with its application for an Innovate UK grant. The grant is to part fund Verditek to develop in association with local partners, a robust, ultra-lightweight portable micro solar energy system…
Diurnal Group announces commercial launch of Efmody in the UK
LONDON, UK: Diurnal Group announced the commercial launch of Efmody (hydrocortisone modified-release hard capsules) in the United Kingdom as treatment of adult and adolescent patients (12 years and older) with the rare condition congenital adrenal hyperplasia (CAH). The launch of Efmody follows its approval by the UK Medicines and Healthcare Products Regulatory Agency (MHRA) in…
Streams and Quanta launching LiveScores football service in Argentina
LONDON, UK: Mobile Streams plc, in partnership with Quanta Media Group (QMG), will be launching its LiveScores football 365 service in Argentina. The service is set to go live on 1 October 2021 and is expected to generate significant revenue for MOS over the next 3 years. Income is generated for MOS through a mixture…
Falcon Oil & Gas appoints Joe Nally as non-executive chairman
LONDON, UK: Falcon Oil & Gas Ltd. announced the appointment of Joe Nally as Non-executive Chairman and to the Board of the Company, with immediate effect, replacing Joachim Conrad who will remain on the Board as a Non-executive Director. Mr Nally has over 45 years’ experience in London’s capital markets including 18 years at Cenkos…
Wincanton buys Cygnia Logistics Limited, in a £23.9 million deal
LONDON, UK: Wincanton Plc, a leading supply chain partner for UK business, has agreed to acquire 100% of the shares in Caledonia Bidco Limited, the holding company of Cygnia Logistics Limited from Crescent Capital for a consideration of up to £23.9 million, on a cash free, debt free basis. Founded in 1999, Cygnia Logistics has…
Equitix buys Babcock’s stake in AirTanker for £126 million
LONDON, UK: Babcock International has entered into a definitive agreement with Equitix Investment Management Limited for the sale of its 15.4% shareholding in AirTanker Holdings Limited for a cash consideration of £126 million, including the repayment of shareholder loans of £31.1 million1, subject to any routine closing adjustments and before transaction costs. AirTanker Holdings is…
Chesnara to acquire Sanlam Life & Pensions UK for £39 million
LONDON, UK: Chesnara Plc has entered into an agreement with Sanlam UK Limited to acquire Sanlam Life & Pensions UK Limited (SLP), a specialist provider of insurance and long-term savings products in the UK.Cash consideration of £39 million will be funded from Chesnara’s existing debt facility. The acquisition enhances the scale of its operations in…