LONDON: Alteration Earth plc has entered non-binding heads of terms to acquire the entire issued share capital of PRI0R1TY AI PLC, an unquoted public limited company incorporated in England and Wales in consideration for an issue of new shares in the company. The proposed acquisition is subject to legal, financial and other due diligence and…
Wilmington plc has sold UK Healthcare Business for £26.3 million
Wilmington plc (LSE: WIL) has sold its UK Healthcare Business for up to £26.3 million to Inspirit Franklin Holdings Ltd, an entity ultimately owned by funds managed by Inspirit Capital
VEEM Limited’s Chief Operating Officer Trevor Raman appointed as new CEO
SYDNEY: VEEM Limited (ASX: VEE), a designer and manufacturer of disruptive, high-technology marine propulsion and stabilization systems, announced the promotion of current Chief Operating Officer, Mr Trevor Raman, to the new position of Chief Executive Officer and the promotion of current Finance Manager, Mr Tino Kapfumo, to the roles of Chief Financial Officer and Company…
UL Solutions to build advanced automotive and battery testing center in Korea
UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, t plans to construct a new Advanced Automotive and Battery Testing Center in Pyeongtaek, Gyeonggi-do, Korea, expanding current UL Solutions battery testing capacity in the region and adding electric vehicle (EV) charger testing and other capabilities. “The global transition to sustainable energy has…
Heater Specialists LLC has acquired fabrication business of ParFab Industries in Oklahoma
TULSA: Heater Specialists LLC (“HSI”), a fully integrated single-source manufacturer of refinery and petrochemical equipment, has acquired the fabrication business of ParFab Industries in Inola, Oklahoma. ParFab Industries is a wholly owned subsidiary of the ParFab group of companies. HSI is a wholly owned subsidiary of Energy Process Technologies, Inc. (EPTI). ParFab Industries’ fabrication business…
Payroc WorldAccess to acquire i3 Verticals’ payments business for $440 million
NASHVILLE: Payroc WorldAccess LLC, a leading omni-channel payments provider, has entered into a definitive agreement to acquire i3 Verticals Inc’s (NASDAQ: IIIV) merchant of record payments business, including its associated proprietary technology, in an all-cash transaction for $440 million, subject to certain purchase price adjustments. Greg Daily, Chairman and CEO of i3 Verticals stated, “i3…
TotalEnergies acquires an offshore exploration license
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is…
PI Industries offers to acquire Plant Health Care plc for £32.8 million in cash
PI Industries Ltd. has reached agreement on the terms of a recommended cash offer to acquire entire issued and to be issued share capital of Plant Health Care plc (PHC) at the rate of 9.0 pence in cash per share
Flagship Housing and Bromford Housing groups enter business combination talks
LONDON: Flagship Housing Group Limited and Bromford Housing Group Limited have agreed to enter into discussions with a view to forming a business combination. They aim to come together creating a new organisation that will trade as Bromford Flagship. It is currently proposed that they will use Bromford as the Group parent renamed as Bromford…
Star Entertainment Group appoints Steve McCann as Group CEO and MD
SYDNEY: The Star Entertainment Group Limited (ASX: SGR) announced the appointment of Mr Steve McCann as its Group Chief Executive Officer and Managing Director (Group CEO and MD). Mr McCann will join The Star on 8 July 2024, noting that commencement of his duties and responsibilities as Group CEO and MD are subject to receipt…
Otovo launches partnership with German automobile club ADAC
BERLIN: Otovo, Europe’s leading marketplace for residential solar and battery installations, today announced the launch of a marketing partnership with Germany’s largest automobile club, ADAC. ADAC’s 20 million members outnumber any other automobile association in Europe. In addition to offering roadside assistance, maintenance and repair services, German homeowners can buy solar energy solutions through ADAC’s…
Intercede signs digital identity cybersecurity solutions partnership with Carahsoft Technology
LONDON: Intercede, the leading cybersecurity software company specialising in digital identities, today announced a partnership with Carahsoft Technology Corp to Make Digital Identity Cybersecurity Solutions available to the Public Sector in the US. Under the agreement, Carahsoft will serve as Intercede’s Master Government Aggregator®, making Intercede’s products available to the Public Sector through Carahsoft’s reseller…