ASHEVILLE: HomeTrust Bancshares Inc., the holding company of HomeTrust Bank, announced that C. Hunter Westbrook will assume the positions of President and Chief Executive Officer of the Bank, and President and Chief Operating Officer of the Company, effective September 1, 2021. At that time, Mr. Westbrook will also join the Boards of Directors of the…
Blackwood Partners and Nicola Wealth acquire another industrial land
TORONTO, ONTARIO: Blackwood Partners and Nicola Wealth Real Estate (NWRE) acquired a 34-acre industrial development site located in Grimsby, southwest of Toronto. The acquisition, which closed July 26, 2021, marks the second co-venture deal by the partnership since Nicola Wealth acquired Blackwood Partners in late 2020. “This property is well-positioned with prominent frontage and exposure…
Neles to acquire Flowrox for Eur 40.9 million
HELSINKI, FINLAND: Neles has signed an asset purchase agreement to acquire the valve and pump businesses of the Finland-based technology company Flowrox, a news release said. The purchase price of the valve and pumps businesses is EUR 40.9 million, payable in cash at closing, with an additional orders received-based earn-out consideration of up to EUR…
Beatrice Mary Nicholas appointed non-executive director at Cohort Plc
LONDON, UK: Cohort Plc, the independent technology group, announced the appointment of Beatrice Mary Nicholas as a non-executive director, with effect from 1 September 2021. Beatrice will also become a member of the Audit and Remuneration Committees. Beatrice has had a distinguished career in defence engineering and research. Most recently she was Director of Engineering…
Stephen Birrell joins Live Company Group board
LONDON, UK: Live Company Group plc has appointed Stephen Birrell as an independent Non-Executive Director with immediate effect, a news release said. Stephen is an experienced Non-Executive and is currently a Non-Executive Director of Ascent Resources PLC and holds an Executive Director role at Ossian Energy Ltd. He has a BSc Honours in Applied Geology,…
Oracle Power appoints Edward Mead as exploration manager in Australia
LONDON, UK: Oracle Power PLC announced the appointment of Mr. Edward Mead as Exploration Manager for Oracle’s Western Australian gold projects. Mr. Mead is a qualified geologist with more than 25 years’ experience in gold and base metals exploration, mine development and mine production. He has worked in a wide range of geological settings and…
Mutares receives a put option to sell Norsilk to Protac
MUNICH: Mutares SE & Co. has received a put option for the sale of Norsilk to Protac, part of Groupe Rose, a news release said. If this option is accepted after the opinion of the works council, the closing of the transaction could occur during the third quarter of 2021. Norsilk was acquired from the…
IGO Limited signs A$45 million deal with Creasy Group
SYDNEY, AUSTRALIA: IGO Limited has entered into a binding agreement with entities owned and controlled by Mark Creasy (Creasy Group) to (i) acquire 100% of the Silver Knight nickel-copper-cobalt sulphide deposit (Silver Knight), and (ii) form a joint venture with Creasy Group (IGO 65% : Creasy Group 35%) over a portfolio of exploration tenements around…
Nokia and EDC partner to advance Canada’s 5G contributions
OTTAWA: Nokia and Export Development Canada (EDC) today announced an expanded global partnership aimed at investments in 5G and the next generation network infrastructure for global deployment. EDC, a Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage, will deploy a full suite of finance and insurance solutions to…
ITV buys minority stake in Live Tech Games
LONDON, UK: ITV Plc has agreed to invest £2.5 million in cash for a minority shareholding in Live Tech Games Ltd, a news release said. Live Tech Games is pioneering a new wave of mobile entertainment, creating live, player-vs-player, accessible, short-form games and transforming them into rewarding nationwide experiences on your mobile phone. The company…
Aon and Willis Towers Watson mutually agree to terminate combination agreement
DUBLIN, IRELAND: Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice (DOJ). The proposed combination was first announced on March 9, 2020. “Despite regulatory momentum around the world, including the recent approval of our combination by the…
S-Ventures acquires Pulsin Limited in a £7.5 million deal
LONDON, UK: S-Ventures PLC has acquired 100% of the share capital of Pulsin Limited, a well-established and highly respected plant-based nutrition company, excelling in plant-based nutrition technology, manufacturing and sales. An expert in its field, Pulsin formulates and produces high quality plant-based products under its own brands as well as for third parties, many of…