LONDON: Edenville Energy Plc (LON: EDL) announced that Mr Anthony (Tony) Buckingham has agreed a £1.0 million strategic investment in the Company through the Placing of shares, giving him a shareholding of 18.5% of the Company’s issued share capital, as enlarged by the Placing. Mr Buckingham is well known in the natural resources market, particularly…
NeoGenomics Inc. acquires Inivata Limited
LONDON: Schroder UK Public Private Trust’s portfolio company Inivata Limited has been acquired by NeoGenomics Inc., a leading provider of cancer-focused genetic testing services and global oncology contract research services. The acquisition follows a $25 million minority equity investment by NeoGenomics in Inivata in May 2020, at which time NeoGenomics was granted a fixed price…
Athenex Inc. acquires IP Group’s portfolio company Kuur Therapeutics for $185 million
LONDON: IP Group plc (LON: IPO) announced that its portfolio company Kuur Therapeutics Ltd has been acquired by Athenex Inc., a global biopharmaceutical company, for a total potential consideration of $185 million. Under the terms of the agreement, Athenex will pay $70 million (£50 million*) upfront to Kuur shareholders and its former employees and directors,…
Knowit acquires Cybercom in a SEK 2.2 billion deal
STOCKHOLM: Knowit AB has acquired Cybercom Intressenter AB forming a unique customer offering within digital transformation with a strong position in the Nordic region, a news release said. Knowit’s established position in system solutions, management consulting and digital customer experiences is complemented by a fourth business area, Knowit Connectivity, with a focus on meeting the…
Acting CEO of Ayfie Group resigns
OSLO: The board of Ayfie Group AS announced that acting CEO Siw Ødegaard has notified the Company that she resigns from her positions. Siw Ødegaard, who also holds the position as CFO of the Company, has agreed with the board to be with Ayfie until 31 July 2021. “I have, after four years in Ayfie,…
FINEOS acquires Spraoi for up to $10.6 million
SYDNEY: FINEOS Corporation Holdings has entered into a binding agreement with DigIn Technologies LLC (Spraoi) to acquire 100% of Spraoi’s issued securities for an upfront cash payment of US$4 million (A$5.2 million), and an earnout of up to US$6.6 million (A$8.5 million) over three years subject to specific revenue hurdles being met. The acquisition will…
PointsBet launches iGaming in Michigan
MELBOURNE: PointsBet Holdings Limited announced that its wholly owned subsidiary PointsBet Michigan LLC has been authorised by the Michigan Gaming Control Board (MGCB) to commence iGaming operations and has launched its’ proprietary iGaming platform in that state. The launch of PointsBet’s inaugural iGaming operations follows the launch of Sport Wagering in Michigan on 22 January…
Pacific Edge appoints Demi Stefanova as Chief Operating Officer
AUCKLAND: Pacific Edge Limited announced the appointment of Demi Stefanova as Chief Operating Officer, effective from 21 June 2021. This is a new role for Pacific Edge as the company strengthens its leadership team to meet the demands of the business as it grows. Pacific Edge is focused on leveraging recent milestones to drive continued…
Port of Corpus Christi Authority to construct LNG fueling infrastructure for marine vessels
HOUSTON: The Port of Corpus Christi Authority and Stabilis Solutions Inc. have entered into a Memorandum of Understanding (MOU) to construct LNG fueling infrastructure for marine vessels at the Port of Corpus Christi, a news release said. Stabilis Solutions is a leading provider of energy transition services, including hydrogen and liquefied natural gas (LNG) fueling…
Anaqua Inc. acquires SeeUnity to enhance content integration and migration capabilities
BOSTON: Anaqua Inc. has acquired SeeUnity to provide its customers greater interconnectivity between its IP management software and other mission-critical enterprise systems and builds on SeeUnity’s success in delivering enhanced connectivity solutions to the broader legal industry, a news release said. Anaqua is an innovation and intellectual property (IP) management technology provider, and SeeUnity is…
Meezan Bank to advise EXIM Bank on providing Shariah-compliant consulting services
KARACHI: Meezan Bank has recently signed an agreement with Export-Import (EXIM) Bank of Pakistan to act as its consultant for developing Islamic Trade Finance, Takaful Insurance / Guarantee Products and Services for Corporate and SME (Small Medium Enterprises) Exporters under a Technical Assistance Grant provided by Islamic Development Bank (IsDB). The grant will support the…
Walmart and Sam’s Club administering walk-up COVID-19 vaccines at 5,100+ pharmacies nationwide
BENTONVILLE: Walmart and Sam’s Club today announced a new COVID-19 vaccine milestone. Immunizations are now available to customers and associates in all of their more than 5,100 pharmacy locations nationwide, across 49 states, Puerto Rico and Washington, D.C. Vaccines are being administered via both walk-up and pre-scheduled appointments, providing convenient options for customers to get…