LONDON: Mobico Group Plc announces that Ignacio Garat, CEO, will be stepping down from his position with effect from 30 April 2025. Ignacio joined Mobico in 2020 and will remain with the Group for the next three months, moving to an advisory role to support a smooth transition. The Board will launch a search for…
Bakkavor Group agrees to sell China operations for £50 million
Bakkavor completes sale of China operations LONDON: Bakkavor Group plc, a leading international provider of fresh prepared food, has entered into a binding agreement to sell its China operations, with the sale of the entire issued share capital of Bakkavor China Holdings Limited (“BCHL”) to Lihe Xing (Qingdao) Food Technology Co. Ltd., wholly owned by…
My Rewards International completes acquisition of Fly Wallet
BANKSTOWN: My Rewards International Limited (ASX: MRI) announced Wednesday it has finalized the acquisition of Fly Wallet Pty Ltd, a financial technology firm specializing in loyalty and rewards wallet programs. The deal, valued at $785,000, includes a $200,000 payment in shares and $585,000 in cash, to be paid in installments through January 2026. Fly Wallet,…
Bett Entertainment proposes $360 million acquisition of PointsBet
SYDNEY: Bett Entertainment Limited (ASX:BBT) announced a revised proposal Tuesday to acquire 100% of PointsBet Holdings Limited in a deal valued at $360 million, offering a mix of cash and shares. The move aims to create a stronger competitor in Australia’s wagering market. The proposal includes $260 million in cash and $100 million in Bett…
Brødrene A&O Johansen acquires e-commerce domain VVS-eksperten.dk
COPENHAGEN: Danish plumbing and heating supplier Brødrene A & O Johansen A/S announced Monday that it has entered into an agreement to acquire the domain VVS-eksperten.dk, a prominent online platform for plumbing and heating products. The transfer of ownership is set to take effect on Jan. 1, 2026. The acquisition bolsters AO’s presence in Denmark’s e-commerce…
Nanoco Group signs joint development agreement with Asian partner
LONDON: Nanoco Group plc (LSE: NANO), a leading developer and manufacturer of cadmium-free quantum dots and nanomaterials, has signed a major new Joint Development Agreement (JDA) with a second Asian chemical customer, the company announced Monday. The one-year program aims to optimize lead-free nanomaterials for use in global electronics applications, with plans to scale up…
NOVONIX appoints Michael O’Kronley as CEO to drive growth in battery materials sector
SYDNEY: NOVONIX Limited, a leader in battery materials and technology, announced Monday the appointment of Michael O’Kronley as its new chief executive officer, effective May 19. O’Kronley brings over 30 years of automotive experience, including 15 years in the lithium-ion battery and battery materials industry. He previously served as CEO of Ascend Elements, where he…
Alkane and Mandalay announce merger to create diversified gold and antimony producer
PERTH: Alkane Resources Limited (ASX: ALK) and Mandalay Resources Corporation (TSX: MND) have agreed to merge in a deal that will create a mid-tier gold and antimony producer with operations in Australia and Sweden. The all-stock transaction, described as a “merger of equals,” is expected to close in the third quarter of 2025, pending shareholder…
80 Mile plc enters agreement for energy exploration in Greenland
LONDON: 80 Mile PLC, a mineral and energy exploration company with projects in Greenland and a biofuels plant in Italy, announced Monday that it has entered into a binding agreement with Texas-based March GL Company to fund stratigraphic research drilling at the Jameson industrial gas and liquids project in Greenland. Under the terms of the…
Hansen Technologies acquires key software assets from Germany’s CONUTI GmbH
SYDNEY: Hansen Technologies Ltd., a global software provider for the energy, utilities and communications sectors, announced Monday it has agreed to acquire strategic software assets from Germany’s CONUTI GmbH for up to 7.5 million euros ($13.4 million Australian). The deal, part of Hansen’s expansion strategy in the German and DACH regions, includes key applications such…
Petro Matad secures oil sales agreement for Block XX Ccude
LONDON: Petro Matad Limited, a publicly listed Mongolian oil company, has successfully inked an Oil Sales Agreement with PetroChina Daqing Tamsag, marking a key milestone in the commercialisation of Block XX crude oil production. The agreement, finalized on April 28, 2025, covers storage, processing, transport, and export arrangements for crude oil produced from Block XX….
MHP now holds 91.77% of Grupo UVESA
LONDON: MHP, an international food and agriculture company, has successfully concluded the adherence period related to its Share Purchase Agreement (SPA) with Grupo UVESA, a leading poultry producer in Spain. With additional adherence deeds signed since March 20, 2025, MHP now holds 91.77% of UVESA’s share capital. Dr. John Rich, Executive Chairman of MHP’s Board…