SYDNEY: Sequoia Financial Group Limited (ASX: SEQ) has sold its general insurance broking businesses to WIB Corporate Pty Ltd, a company 100% owned and controlled by Cameron Bott. WIB Corporate has acquired 100% of the shares in Sequoia Insurance Brokers and Interprac General Insurance at 2.4 times annual revenue for the period to June 30,…
Brunel International CEO Jilko Andringa departs
Brunel International N.V., a global specialist delivering customised project and workforce solutions and expertise, today announced the departure of its CEO Jilko Andringa.
BATM signs commercial markets cybersecurity solution partnership
LONDON: BATM (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, has signed a strategic partnership and cooperation agreement with a significant global technology, engineering and defence group to deliver the Group’s advanced cybersecurity solution to commercial markets. The partner generated revenue of over $10bn in 2023 and serves…
Craneware forms alliance with Microsoft to further transform healthcare business
LONDON: Craneware (AIM: CRW.L), the market leader in value cycle solutions for the U.S. healthcare market, has signed agreements with Microsoft in the areas of the Microsoft Azure cloud platform, technical innovation, and healthcare industry collaboration, including joint marketing initiatives. The collaboration will see the delivery of differentiated offerings and increased value to customers through…
Coinsilium Group signs strategic Web3 collaboration with Liteflow
LONDON, UK: Coinsilium Group Limited (AQSE: COIN), the Web3 investor, advisor, and venture builder has signed a Memorandum of Understanding (MoU) with Liteflow Inc, an experienced Web3 and NFT technical developer. The MoU is a first step in a planned long term strategic collaboration agreement with Liteflow. The MoU and the collaboration aim to provide…
RTW Biotech Opportunities invests in Mirador Therapeutics and Santa Ana Bio
LONDON: RTW Biotech Opportunities Ltd, a London Stock Exchange-listed investment company focused on identifying transformative assets with high growth potential across the life sciences sector, announced investments in new private portfolio companies, Mirador Therapeutics and Santa Ana Bio. RTW, alongside other investment vehicles managed by RTW Investments, LP, participated in Mirador’s Series A financing round…
Bendigo and Adelaide Bank appoints Richard Fennell as CEO and MD
LONDON: The Bendigo and Adelaide Bank Board of Directors today announced the appointment of Richard Fennell as Chief Executive Officer and Managing Director. Mr Fennell, the Bank’s Chief Customer Officer for Consumer Banking since 2018, will succeed Marnie Baker on August 31, 2024. Ms Baker has indicated her intention to conclude her time with the…
UBS completes merger of UBS Switzerland AG and Credit Suisse
The merger of the Swiss entities facilitates the migration of clients and operations from Credit Suisse (Schweiz) AG to the UBS platform, following business, client- and product-specific requirements
TotalEnergies has acquired Tecoil, a Finnish re-refined base oils company
TotalEnergies (Paris:TTE) announced the acquisition of Tecoil, a Finnish company specialized in the production of Re-Refined Base Oils (RRBOs), which has the most efficient used oil regeneration process on the market
JTC Plc has acquired Hanway Advisory Limited
LONDON: JTC Plc, the global professional services business, announced the acquisition of Hanway Advisory Limited. Formed in 2018, Hanway provides corporate governance, fund administration and accounting services to UK listed investment companies. An experienced team of six professionals will remain with the business. Post-completion of the acquisition, Hanway will become part of JTC’s Institutional Client…
Scatec ASA signs terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia
OSLO: Scatec ASA, a leading renewable energy solutions provider, and its partners, ECHEM and MOPCO, have agreed on Heads of Terms for renewable ammonia offtake from Egypt with Yara Clean Ammonia, the world’s largest trader- and distributor of ammonia. Last year, Scatec, the Egyptian Petrochemicals Holding Company (ECHEM) and Misr Fertilizers Production Company (MOPCO) entered…
Mutares SE to acquire Serneke Sverige AB
MUNICH: Mutares SE & Co. has signed an agreement to acquire Serneke Sverige AB from Serneke Group AB (publ). The company will strengthen the Engineering & Technology segment as a new Swedish platform investment. Closing of the transaction is subject to merger approval, FDI approval as well as FSR approval. Serneke Sverige is a leading…