LONDON, UK: NetScientific plc’s wholly owned subsidiary ProAxsis Limited has received approval of a key US patent for the underlying technology associated with its brand-new K-POSTN Assay, which it intends to launch shortly. This is a significant step towards measuring bone health with a new innovation for patients at high risk of osteoporotic fractures. In…
EnQuest completes acquisition of Golden Eagle Area Development
LONDON, UK: EnQuest Plc has completed the acquisition of a 26.69% non-operated equity interest in the Golden Eagle Area Development. As the acquisition constitutes a reverse takeover under the Listing Rules, the admission of the Company’s ordinary shares to the premium listing segment of the Official List maintained by the Financial Conduct Authority (FCA) and…
LEDGER and LACROIX to produce component of Nano cryptoasset wallet
PARIS, FRANCE: LEDGER and LACROIX have decided to join forces to produce a key component of the world’s best-selling cryptoasset wallet, LEDGER’s Nano, a news release said. LEDGER is a world leader in securing digital assets, and LACROIX is the French leader in industry 4.0. The current situation in relation to the democratization of cryptoassets,…
Scandi Standard appoints Jonas Tunestål as new MD and CEO
STOCKHOLM, SWEDEN: The Board of Directors of Scandi Standard (SCST SS) has decided to appoint Jonas Tunestål as new managing director and CEO. Tunestål is currently CEO of KLS Ugglarps and Executive Vice President of Danish Crown. Interim managing director and CEO Otto Drakenberg will remain with Scandi Standard until Jonas Tunestål joins the company…
Location Sciences selling data and insights business to Digital Envoy
LONDON, UK: Location Sciences has entered into an agreement to sell its insights dashboard and four contracts pertaining to its location data and insights business to Digital Envoy Inc. a leading US IP intelligence company for a cash consideration up to $0.7 million. Digital Envoy will pay the Company $575,000 on closing and an additional…
Ecofin U.S. commits $49 million Whirlwind acquisition
LONDON, UK: The Board of Ecofin U.S. Renewables Infrastructure Trust announced the contractual commitment of $49 million acquisition, which will be funded by a combination of the remaining net proceeds from the IPO and from the newly established Revolving Credit Facility. The closing of the acquisition of a 60 MW operating wind asset (Whirlwind) will…
Ventyx prices upsized $151.5 million IPO
LONDON, UK: RTW Venture Fund Limited’s portfolio company Ventyx Biosciences Inc. announced pricing of an upsized $151.5 million initial public offering (IPO) and admission to trade on Nasdaq Global Market under ticker “VTYX”. Ventyx is a clinical-stage biopharmaceutical company advancing a pipeline of novel small molecule therapeutics with a best-in-class potential for patients with inflammatory…
Bank of Ireland to acquire performing loan and deposits of KBC Group
LONDON, UK: Bank of Ireland has entered into a binding agreement with KBCI and KBC Group for the acquisition of c.€8.81 billion of performing mortgages, c.€0.1 billion of performing commercial and consumer loans and c.€4.4 billion of deposits. Bank of Ireland will acquire the performing mortgages for 103.6% of par value, representing the fair value…
Delta Drone to acquire 77.3% of the Belgian company AB Comtech
DARDILLY, FRANCE: Delta Drone announced the signing of a definitive agreement to acquire 77.3% stake in the Belgian company AB Comtech. According to the agreement, Delta Drone acquires, from two of the three shareholders of the Belgian company AB Comtech, 77.3% of the capital. The third shareholder, which will continue to hold the balance of…
Stephen White appointed Chairman of BASC Board
LONDON, UK: The Board of Directors of Brown Advisory US Smaller Companies PLC (BASC) announced that Stephen White has now taken over as Chairman of the investment trust. Stephen, who joined the Board on 1st October 2020 as Chairman Designate, takes over from Gordon Grender, who steps down after 23 years as Chairman and 28…
JD Sports Fashion acquires Cosmos Sport in Greece and Cyprus
LONDON, UK: JD Sports Fashion, one of the world’s leading retailers of sports, fashion and outdoor brands, announced that on 21 October 2021, it acquired 80% of Cosmos Sport S.A. Based in Crete, Greece, Cosmos was founded in 1982 by Fragiskos Tsiknakis who continues to be active in the business although he has handed over…
Aurizon agrees for $2.35bn acquisition of One Rail Australia
SYDNEY, AUSTRALIA: Aurizon Holdings signed an agreement with Macquarie Asset Management to acquire One Rail Australia (ORA) for $2.35 billion, a bourse filing said. One Rail Australia (ORA) comprises bulk rail haulage and general freight assets in South Australia (SA) and the Northern Territory (NT); the 2,200km Tarcoola-to-Darwin railway line; and a haulage business in…