LAHORE, PAKISTAN: Airlift Technologies, announced an $85 million Series B financing led by some of the most iconic investors on the globe. Airlift’s $85m Series B financing marks the largest in the MENA region, co-led by Josh Buckley (Buckley Ventures) and Harry Stebbings (20VC). Other major participants included Sam Altman (ex-President YCombinator), Biz Stone (Co-founder…
PMI acquires 22.61% of Vectura in market purchases
LONDON, UK: Philip Morris International (PMI) has acquired 22.61 interest (135.5 million) Vectura shares at 165 pence per share in market purchases. PMI Bidder and Vectura on 16 August 2021 regarding the posting of the offer document in respect of the recommended final cash offer for the entire issued and to be issued share capital…
Everfuel and ASKO plan cooperation in Norway
HERNING, DENMARK: Everfuel A/S and ASKO AS have signed a letter of Intent (LoI) for developing a joint coordinated plan for applying Enova for support to vehicle procurement and the establishment of green hydrogen infrastructure for decarbonizing heavy-duty long-haul trucking in Norway. ASKO is Norway’s largest grocery and catering wholesaler with an extensive domestic network…
GTI Resources expands uranium exploration
SYDNEY, AUSTRALIA: GTI Resources Ltd has entered into a binding agreement to acquire 100% of Branka Minerals Pty Ltd, holder of 8,900 hectares across several groups of strategically located and underexplored mineral lode claims and 2 state leases, prospective for sandstone hosted uranium, located in the Great Divide Basin (GDB), Wyoming , USA & the…
Jennifer Neild appointed CEO of Peak Minerals
SYDNEY, AUSTRALIA: Peak Minerals Limited announced the appointment of experienced resources executive, geophysicist, and geologist Jennifer Neild as Chief Executive Officer. Ms Neild has more than 15 years’ experience in mineral exploration across a range of commodities and jurisdictions. Ms Neild is a professional geologist with a broad range of experience in exploration, production and…
Japan grants Lleida.net a new patent
MADRID: The Japan Patent Office (JPO) has awarded Lleida.net a new patent, this time for its method for the certification of electronic mail containing a recognized electronic signature on the part or a telecommunications operator. This is the 206th patent obtained by the company, whose inventions have been recognized by the authorities of more than…
M&G to acquire Sandringham Financial Partners
LONDON, UK: M&G Plc has announced an agreement to acquire Sandringham Financial Partners, a fast-growing provider of independent financial advice. The deal is subject to regulatory approval. The acquisition will bring more than £2.5 billion of assets under advice to M&G plc, as well as relationships with around 180 advising Partners acting on behalf of…
Melissa Mulholland appointed Crayon Group’s new CEO
OSLO, NORWAY: The board of directors of Crayon Group Holding ASA, the digital transformation experts, has today resolved to appoint Melissa Mulholland as the Group’s new CEO. Melissa was appointed as the Group’s Interim CEO on 15 March 2021. Mulholland previously worked for Microsoft where she led global strategy and business development. She joined Crayon…
Mode commits to net-zero from crypto-related operations
LONDON, UK: Mode Global Holdings is launching a range of initiatives to tackle its carbon footprint with an ambition to be a sector leader in its environmental responsibility. The Company has firstly become a signatory of the CCA. This commits Mode to achieve net-zero emissions from all energy consumption related to cryptocurrency, and prove this…
Kingswood Holdings acquires Admiral Wealth for £4.0mn
LONDON, UK: Kingswood Holdings Limited has completed the acquisition of Admiral Wealth Management Limited, a Chartered Financial Planning firm based in North Lincolnshire, a news release said. Admiral Wealth Management provides independent financial advice to individuals and corporates primarily in Lincolnshire and Yorkshire. It currently employs 7 people, including 2 advisers managing c.£100 million AuA…
Pineapple Power proposes reverse takeover of BVP
LONDON, UK: Pineapple Power Corporation has entered into a non-binding heads of terms to acquire 100% of the outstanding shares in BVP Investments Limited, a news release said. BVP Investments was founded in 2004 by Managing Director, Elliott Griffin. It is a fund manager regulated by the Central Bank of Ireland. BVP focusses on companies…
Woodside Petroleum and BHP Group sign all‑stock merger
LONDON, UK: Woodside Petroleum Ltd and BHP Group have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all‑stock merger to create a global top 10 independent energy company by production. On completion of the Transaction, BHP’s oil and gas business would merge with Woodside, and Woodside would…