LONDON, UK: Mode Global Holdings is launching a range of initiatives to tackle its carbon footprint with an ambition to be a sector leader in its environmental responsibility. The Company has firstly become a signatory of the CCA. This commits Mode to achieve net-zero emissions from all energy consumption related to cryptocurrency, and prove this…
Kingswood Holdings acquires Admiral Wealth for £4.0mn
LONDON, UK: Kingswood Holdings Limited has completed the acquisition of Admiral Wealth Management Limited, a Chartered Financial Planning firm based in North Lincolnshire, a news release said. Admiral Wealth Management provides independent financial advice to individuals and corporates primarily in Lincolnshire and Yorkshire. It currently employs 7 people, including 2 advisers managing c.£100 million AuA…
Pineapple Power proposes reverse takeover of BVP
LONDON, UK: Pineapple Power Corporation has entered into a non-binding heads of terms to acquire 100% of the outstanding shares in BVP Investments Limited, a news release said. BVP Investments was founded in 2004 by Managing Director, Elliott Griffin. It is a fund manager regulated by the Central Bank of Ireland. BVP focusses on companies…
Woodside Petroleum and BHP Group sign all‑stock merger
LONDON, UK: Woodside Petroleum Ltd and BHP Group have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all‑stock merger to create a global top 10 independent energy company by production. On completion of the Transaction, BHP’s oil and gas business would merge with Woodside, and Woodside would…
Insig to partner with CarVal
LONDON, UK: Insig AI plc, the data science and machine learning solutions company serving the asset management industry, announced that CarVal Investors L.P. and Insig AI Corporation have entered into binding heads of terms for Insig AI to partner with CarVal to develop a new line of HY and IG ESG products, as part of…
CloudCoCo to acquire Systems Assurance Limited
LONDON, UK: CloudCoCo, a UK provider of IT and communications solutions to businesses and public sector organisations, announced the proposed acquisition of the entire issued share capital of Systems Assurance Limited, an IT group comprising a B2B value-added reseller and an automated cloud-based VAR and IT managed service provider. The consideration for the acquisition is…
Riverstone buys $30mn stake in a Samsung Venture
LONDON, UK: Riverstone Energy Limited (REL) has purchased an interest in one of Samsung Ventures’ battery technology focused venture capital portfolios for $30 million. The remaining interest was purchased by Riverstone affiliates for $3.0 million. The Samsung Portfolio consists of seven unrealised investments with the majority of value deriving from over 1.66 million shares of…
James Saralis appointed Group CEO of NAHL
LONDON, UK: NAHL Group, a leader in the UK consumer legal services market, announced that James Saralis has been appointed as the Group’s Chief Executive Officer and Chris Higham, currently the Group’s Finance Director, has been appointed acting Chief Financial Officer, effective immediately. Since joining NAHL as CFO on 1 January 2018, James Saralis has…
Adam Crozier appointed Chairman of BT Group
LONDON, UK: BT Group plc announced that Adam Crozier will succeed Jan du Plessis as Chairman. Adam will join the Board as an independent non-executive director and Chairman Designate with effect from 1 November 2021 and will become Chairman with effect from 1 December 2021 when Jan will retire from the BT Board. Adam is an experienced chairman with…
Frenkel Topping acquires Bidwell Henderson for £1.48mn
LONDON, UK: Frenkel Topping Group has acquired the entire issued share capital of Bidwell Henderson Costs Consultants Ltd, a leading legal costs consultancy, based in Derbyshire and Newcastle upon Tyne. The total maximum consideration for Bidwell Henderson is £1.48 million of which £0.74 million is payable on completion and the balance of which will fall…
Green Life Farms to purchase hydroponic greenhouse owner Finn Farms
NAPLES: Green Life Farms has reached an agreement to purchase Finn Farms, a hydroponic grower located on Florida’s West Coast. The transaction will provide Green Life Farms with full ownership of Finn Farms, including all site and equipment assets. Green Life Farms currently operates a hydroponic greenhouse in Lake Worth, FL, with its second of…
Hexagon Agility receives orders for gas trucks
OSLO, NORWAY: Hexagon Agility, a business of Hexagon Composites, signed a master services agreement in June 2020 with a global logistics customer to deliver renewable natural gas (RNG) and compressed natural gas (CNG) fuel systems for medium and heavy-duty trucks. Hexagon Agility received its eighth set of orders in 2021 under this agreement, which represent…