Macfarlane Group PLC announced the acquisition of Polyformes Limited for up to a maximum cash consideration of £11.5 million, including an earn-out of up to £4.8 million over two years.
Hg sells TeamSystem to Hellman & Friedman
LONDON, UK: Hg, the Manager of HgCapital Trust plc (HgT), has agreed the sale of its remaining investment in TeamSystem, to funds advised by Hellman & Friedman LLC (H&F). TeamSystem is a leading provider of business software solutions to businesses and accountants in Italy, Spain and Turkey. The terms of the transaction have not been…
Carlsberg offers to acquire Britvic Plc for £3.3 billion
LONDON: Carlsberg A/s reached agreement on the terms of a recommended cash offer to acquire Britvic Plc at the rate of 1,315 pence for each Britvic share, valuing the entire issued and to be issued ordinary share capital of Britvic at approximately £3.3 billion on a fully diluted basis and an implied enterprise value of…
Seeing Machines acquires Asaphus Vision GmbH; signs collaboration with Valeo
has announced the acquisition of Asaphus Vision GmbH, a highly specialised development group with leading Machine Learning (ML) and Artificial Intelligence (AI) capability
EMGS partners with Velocitas Geo Solutions for OBN seismic survey in Norway
OSLO, NORWAY: Electromagnetic Geoservices ASA has entered into an agreement for a fully pre-funded Ocean Bottom Node (OBN) seismic survey in the Barents Sea. This survey, which will be undertaken in collaboration with Velocitas Geo Solutions, marks EMGS’ first venture into seismic node projects. The survey, set to commence in the third quarter of 2024,…
What is a QR Code?
A QR code (quick-response code) is a type of two-dimensional matrix barcode. It was invented in 1994 by the Japanese company Denso Wave for labeling automobile parts. These codes store data such as website links, phone numbers, or coupons. You’ve probably seen them on menus, billboards, and business cards. Companies use QR codes in print…
Telenor Cyberdefence is acquiring Combitech AS
FORNEBU: Telenor Cyberdefence is acquiring Combitech AS (formerly Watchcom Security Group), which will become part of Telenor’s new cybersecurity company. Telenor established the cybersecurity company Telenor Cyberdefence in June this year. The acquisition strengthens Telenor Cyberdefence’s position as a leading provider of cybersecurity solutions to private and public businesses in Norway, with the ambition to…
Peter Coleman appointed interim CEO of Kingswood Holdings, as David Lawrence resigns
LONDON: Kingswood Holdings Limited (AIM: KWG), the international, fully integrated wealth and investment management group, announced that David Lawrence has resigned as Chief Executive of the Company and that Peter Coleman has been appointed as Interim Chief Executive Officer with immediate effect, and to the Board, subject to FCA regulatory approval. A process to appoint…
Competition watchdog okays merger of Wall Street Exchange and UBL Currency Exchange
(CCP) has greenlit a merger of Wall Street Exchange Company (WSE) by UBL Currency Exchange (UCE) pursuant to Letter of Intent (LOI) and later through Asset Purchase Arrangement (APA).
ELM Software: Transforming Legal Operations
As organizations face complex felony-demanding situations, the adoption of ELM software programs may be vital in ensuring efficient, price-powerful, and compliant felony operations
Dubai Media announces partnership with NEP Group
DUBAI, UAE: Dubai Media has signed a memorandum of understanding with NEP Group, the leading media services provider supporting premier broadcasters and content creators worldwide, to enhance cooperation and exchange expertise in various media services fields. This is part of the efforts made by Dubai Media to support its logistical and technical capabilities and to…
Gresham House achieves 1GWh milestone
LONDON: Gresham House Energy Storage Fund plc (LSE: GRID), the UK’s largest fund investing in utility-scale battery energy storage systems (BESS), has completed the augmentation of its Enderby and West Didsbury projects, which are both now trading at their increased capacity. This increases GRID’s operational capacity to over 1GWh (1,030MWh), the first battery storage business…