SANDNES, NORWAY: Horisont Energi and Koole Terminals B.V. announced the signing of a memorandum of understanding to collaborate on the development of a terminal and storage facility at the Port of Rotterdam. According to the agreement, Horisont Energi and Koole Terminals will explore the establishment of a strategic and collaborative relationship for storage of ammonia…
Pyxis Oncology prices Nasdaq IPO at $16/share
LONDON, UK: Arix Bioscience plc, a global venture capital company focused on investing in and building breakthrough biotech companies, notes that its portfolio company, Pyxis Oncology Inc., has announced the pricing of its initial public offering of 10.5 million shares of common stock at a public offering price of $16 per share for aggregate gross…
GLS to buy Canadian freight carrier Rosenau Transport for £210.5mn
LONDON, UK: Royal Mail’s subsidiary, General Logistics Systems (GLS), has agreed to acquire Canadian logistics company Mid-Nite Sun Transportation Ltd, one of the largest independent freight carriers in Western Canada that operates as ‘Rosenau Transport’. The total consideration is C$360.0 million (approximately £210.5 million) on a debt and cash free basis. The Acquisition will be…
Volex acquires Prodamex SA and Terminal & Cable for CAD22.5mn
LONDON, UK: Volex plc, the global supplier of integrated manufacturing services and power products, has signed a share purchase agreement for the acquisition of the entire issued share capital of Prodamex SA de CV and Terminal & Cable TC Inc., for a total consideration of CAD$22.5 million. The consideration will be paid in cash from…
SULB inaugurates $20mn wharf at Salman Industrial City in Hidd
HIDD, KINGDOM OF BAHRAIN: SULB, a major steel producer serving international markets, inaugurated the newly constructed Wharf. The new private port facility, located at Salman Industrial City in Hidd, is set to significantly enhance the company’s supply chain and deliver strong environmental and economic benefits for the Kingdom of Bahrain and its customers. High level…
Air Liquide acquires Polish home healthcare business, Betamed
PARIS, FRANCE: Air Liquide has announced the acquisition of Betamed S.A., a major home healthcare provider in Poland. Betamed specialises in the care of patients with severe pathologies, either at home or in its specialised clinic in Chorzów in Silesia. This acquisition enables the Group to strengthen its presence in Poland and to expand its…
MED completes acquisition of Rochdale Power Limited
LONDON, UK: Mast Energy Developments (MED), the UK-based multi-asset operator in the rapidly growing Reserve Power market, has exchanged final documentation and completed the definitive Sale and Purchase Agreement for Rochdale Power Limited announced on 16 August 2021. The transactional rationale and the technical and financial merits of the project are outlined in the Company’s…
Wheelsure signs collaboration agreement with Sedwell Limited
LONDON, UK: Wheelsure Holdings, the Aquis Stock Exchange quoted industrial engineering company, has entered into a collaboration agreement with Sedwell Ltd, a privately held digital technology company. This agreement is to mutually and exclusively develop their respective technologies in the form of a secure digital fastener for use in the global rail market. Tracksure, the…
Mode Global joins leading trade association, CryptoUK
LONDON: Mode Global Holdings, the LSE-listed fintech group, announced its membership of CryptoUK, the UK’s leading trade association for the digital asset industry. CryptoUK is a self-regulatory trade association established to promote higher standards of conduct in the cryptocurrency industry, help create fit for purpose regulation and ensure the UK maintains its position as a…
Powerhouse Energy signs Collaboration agreement with HUI
LONDON, UK: Powerhouse Energy Group, the UK technology company commercialising hydrogen production from waste plastic, has entered into a binding collaboration agreement with HU2021 International UK Limited (HUI), a wholly owned subsidiary of Hydrogen Utopia International PLC, to market the deployment of DMG technology in territories outside the UK. Under the Collaboration Agreement, Powerhouse and…
Softline confirms intention to float on LSE
LONDON, UK: Following its announcement on 30 September 2021 regarding the publication of a Registration Document, Softline, a leading global solutions and services provider in digital transformation and cybersecurity, with its headquarters in London, confirms its intention to proceed with an initial public offering (IPO) and provides certain details of the Offer. Softline confirms its intention to apply for…
NFT makes investment in social network platform Big Whale Labs
LONDON, UK: NFT Investments PLC, an incubator specialising in the market for non-fungible tokens (NFTs), announced an investment of CAD$100,000 into start-up Big Whale Labs, a decentralised social network platform. The investment is being made as part of a CAD$655,000 pre-seed funding round raised by Big Whale Labs and led by venture capital firm Slow…