LONDON, UK: Nu-Oil and Gas plc confirms, further to the announcements of 8 March 2021 and 5 May 2021, its continued intention to acquire Guardian Maritime Ltd and Guardian Barriers IP Ltd (together “Guardian”) and to apply for admission of its Ordinary Shares to the Standard Segment of the Official List and to trading on…
Alinda Capital Infrastructure Investments plans £350 million IPO
LONDON, UK: Alinda Capital Infrastructure Investments Plc announced its intention to launch an initial public offering (IPO) and to admit its shares to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Alinda Capital Infrastructure Investments is seeking to raise £350 million by means of a placing and offer…
Tremor International buys Spearad for $14.7 million
LONDON, UK: Tremor International Ltd., a global leader in Video and Connected TV (‘CTV’) advertising, announced the strategic acquisition of Spearad. Spearad is a global CTV Video ad server and media management platform purpose-built for broadcasters and TV content companies to deliver seamless TV-like experiences in CTV and Over-the-Top (‘OTT’) environments, with the same advanced…
Moneysupermarket.com to acquire Quidco for upto £101 million
LONDON, UK: Moneysupermarket.com Financial Group Limited, a subsidiary of Moneysupermarket.com Group PLC, has agreed to acquire 100% of the issued share capital of Maple Syrup Media Ltd (trading as Quidco), a leading consumer cashback business, a bourse filing noted. The initial consideration is £87m in cash with a further £14m deferred. Quidco is being purchased…
Life Science REIT plans £300 million IPO on London Stock Exchange
LONDON, UK: Life Science REIT plc expressed intention to launch an initial public offering (IPO) on the Alternative Investment Market (AIM) of London Stock Exchange. Life Science REIT will issue 300 million ordinary shares of £0.01 each in the capital of the company at an issue price of 100 pence per ordinary share. This will…
6 Important Things To Do When You Have New Hires In Your Company
Hiring new people can be beneficial for any company, as new talent can bring different experiences and knowledge to the table. On the other hand, every new employee needs some time to adapt to a new work environment. Whether you’re a small company with only a few employees or a multinational corporation with hundreds of…
Nordic Nanovector enters research collaboration with University of Pennsylvania
OSLO, NORWAY: Nordic Nanovector ASA has entered into a research collaboration with the University of Pennsylvania to generate a CD37-targeting CAR-T cell approach as a potential treatment for patients with B-cell malignancies. The collaboration aims to combine Nordic Nanovector’s expertise around CD37, a protein present on the surface of B-cell tumour cells, with the world-class…
Technip and TÜV Rheinland to expand project management consultancy services
PARIS, FRANCE: Technip Energies and TÜV Rheinland have signed a strategic alliance to offer Project Management Consulting Services to clients in the infrastructure, energy, chemicals and mining & metals industries. The 5-year alliance will leverage the two companies’ strengths as world class players in their respective industries and grow the footprint of both parties to…
AgEagle to acquire senseFly from Parrot for $23mn
PARIS, France: AgEagle Aerial System will acquire senseFly, a Parrot Group’s wholly-owned subsidiary, in a cash and stock transaction valued at US$23 million. AgEagle Aerial Systems is an industry-leading provider of drones, sensors and software, and Parrot Group is a leading European drone group. Founded in 2009, senseFly develops and produces a proprietary line of…
Merrill Gray joins Hexagon board as Stedwell steps down
SYDNEY, AUSTRALIA: Hexagon Energy Materials Limited notified that Mr. Justyn Stedwell has stepped down as a Non-Executive Director. Merrill Gray will join the board. Mr. Stedwell joined the company in December 2020 to help oversee the integration of Ebony Energy. Managing Director Merrill Gray who commenced work with the Company on 18 October 2021 and…
Ava Risk Group closes divestment of Ava Global to TTG Bidco
SYDNEY, AUSTRALIA: Ava Risk Group Limited has completed the sale of its non-core Services Division, Ava Global DMCC-LLC to TTG Bidco Limited, an entity backed by funds advised by Phoenix Equity Partners Limited. Sale price includes US$46.4 million (A$62.6 million) with anticipated net cash proceeds of US$31.1 million (A$41.9 million) after closing adjustments, and payment…
Freightways acquires ProducePronto for upto $14 million
AUCKLAND, NEW ZEALAND: Freightways has signed a conditional sale and purchase agreement and expects to take ownership of ProducePronto on 1 November 2021. Purchase price is $10 million in addition to upto $4 million earnout payment. ProducePronto will form a part of the Express Package Division. ProducePronto operate a 4PL service with 365 day/year, same-day…