LONDON, UK: NetScientific plc (LON: NSCI) has acquired 75% of the issued share capital of Cetromed Limited, a life sciences holding company with several portfolio companies spun out of the University of Leuven, Belgium. The acquisition of the majority stake in Cetromed will result in further internationalisation of NetScientific’s portfolio and exposure to a key…
Rolls-Royce, Qatar Investment Authority agree to invest in nuclear power business
LONDON, UK: Rolls-Royce Group has reached agreement with Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, to invest GBP 85 million in Rolls-Royce SMR Limited (Rolls-Royce SMR). Rolls-Royce SMR is building a new technology solution to deliver affordable, low carbon, nuclear power. A single power station will occupy around one…
Sopheon has acquired business and assets of ROI Blueprints
LONDON, UK: Sopheon Plc has acquired the business and assets of ROI Blueprints LLC (ROIB), a cloud-based solution focused on detailed enterprise planning and execution. The Group is also providing a trading update for the current year ending 31 December 2021. The transaction is structured as an asset purchase. Initial consideration of US$1.5m is payable…
Voyager acquires Cannafull and Ascend Skincare
LONDON, UK: Voyager, the health and wellness company, has acquired the brands and assets of Cannafull, a specialist manufacturer of CBD skincare and face serum products. Based in Perth, Scotland, Cannafull has manufactured an extensive range of CBD skincare products for 17 customers over the past two years, several of whom are high profile and…
Pioneer Media acquires Singapore based Roundhouse Media
VANCOUVER, BC: Pioneer Media Holdings has completed the acquisition of Roundhouse Media Pte Ltd, a media studio based in Singapore, developing and publishing popular NFT (or non-fungible token) games. Roundhouse’s current focus is “Stonks: Tycoon,” which will be a “play to earn” NFT game, where users can generate an income stream through playing and are…
Icade Santé buys three new nursing home properties in Germany
PARIS, FRANCE: Icade Santé has signed preliminary agreements with ORPEA, a global leader in long-term care, to acquire three new nursing home properties in Germany for around €57m (including duties). The portfolio includes three outstanding assets that meet the highest standards and a total of 254 nursing home beds and 95 assisted-living apartments for an aggregate…
OFX Group agrees to buy Firma Foreign Exchange for CAD 90 million
SYDNEY, AUSTRALIA: OFX Group Limited has entered into an agreement to acquire 100% of Firma Foreign Exchange Corporation for a total consideration of C$90 million (A$98 million). Based in Edmonton, Canada and founded in 1998, Firma Foreign Exchange is a global foreign exchange service provider servicing corporate clients. As at 30 September 2021, Firma had…
Euro Manganese Inc. appoints Dr. Matthew James as CEO
VANCOUVER, BRITISH COLUMBIA: Euro Manganese Inc. has appointed Dr. Matthew James as Chief Executive Officer effective December 20, 2021. Dr. James’ appointment is the result of a robust process, assisted by the global executive search firm Korn Ferry. Dr. Matthew James is a highly experienced corporate executive in both established global industrials and small growth…
Danica Pension sells its Norwegian business to Storebrand
OSLO, NORWAY: Danica Pension has announced the sale of its Norwegian activities to Norwegian financial group Storebrand. With the sale, Danica Pension is focusing its business further and is now in an even stronger position to develop the best pension solutions for its customers in Denmark. “Our customers in Denmark will benefit from an even…
Happy Valley Nutrition Limited CEO Greg Wood to resign
SYDNEY, AUSTRALIA: Happy Valley Nutrition Limited announced that Chief Executive Officer Greg Wood has taken the decision to resign from the Company and the Board. Since the Company listed on the Australian Securities Exchange in early 2020, along with the Board and senior management team in New Zealand, Greg has played an integral role in…
Freight Broker Bond: 4 Things You Should Know About It
When you operate a freight business, you will need a freight broker bond. There are different things you should know about these types of bonds which are mandatory in the freight industry. This bond is specifically meant to protect the shippers and carriers. Here are 4 things you should know about freight broker bonds. Who…
Sirnaomics announces IPO in Hong Kong
HONG KONG: Sirnaomics has announced an initial public offering (IPO) in Hong Kong. The company is offering 7.54 million shares at HK$65.9-HK$72.7 per share. Sirnaomics Ltd is the first and only clinical-stage RNA therapeutics biopharmaceutical company with a strong presence in both China and the U.S. It will start its public offering on Monday and…