LONDON, UK: Blackbird plc, the developer and seller of a video editing platform, Blackbird, today announced a signed deal with CBS Sports Digital for cloud video production. CBS Sports Digital will deploy Blackbird for professional, collaborative and scalable cloud video editing and publishing of sports content. Accessing Blackbird through a browser, CBS Sports Digital editors…
Okwa Diamonds to buy Gem Diamonds Botswana for $4mn
LONDON, UK: Gem Diamonds Limited has entered into a binding share sale agreement with Okwa Diamonds (Pty) Ltd for the sale of 100% of the share capital of Gem Diamonds Botswana Proprietary Limited (GDB). Okwa Diamonds, an SPV company registered in Botswana, is owned by Vast Resources PLC, a mining and resource development company listed…
HUTCHMED selected for certain Hang Seng Indexes
HONG KONG: HUTCHMED (China) Limited announced that HUTCHMED has been selected as a constituent stock of several indexes administered by Hang Seng Indexes Company Limited, including the Hang Seng Composite Index, in accordance with the latest index series release by Hang Seng, with effect from Monday, September 6, 2021. The Hang Seng Composite Index offers…
easyJet appoints Stephen Hester as a director and Chair designate
LONDON, UK: easyJet plc has appointed Stephen Hester as a director and Chair designate. Stephen will join the Board as a non-executive director on 1 September 2021 and then he will succeed John Barton as the Company’s Chair on 1 December 2021, at which point John will stand down from the Board having completed nearly…
WPP Plc acquires AI technology company Satalia
LONDON, UK: WPP Plc has acquired Satalia, a technology company offering market-leading AI solutions for clients. Satalia is a global leader in enterprise AI and one of the UK’s fastest-growing tech companies, whose clients include BT, DFS, DS Smith, PwC, Gigaclear, Tesco and Unilever. Combining machine learning and optimisation, it builds technologies that helps clients…
Mitie Group to sell Document Management business for £40 million
LONDON, UK: Mitie Group plc has entered into an agreement to sell its Document Management business to Swiss Post Solutions Limited (SPS) for £40 million on a debt-free cash-free basis, a news release said. Mitie Document Management delivered revenue of £48m and an EBITDA of £4.2m for the twelve months to 31 March 2021. The…
SKS Technologies to purchase shares of Integrated Solutions for $5mn
SYDNEY, AUSTRALIA: SKS Technologies Group Limited has entered into a binding shares purchase agreement to acquire all shares of Integrated Solutions Group Queensland Pty Ltd. The total value of consideration shares purchase is $5 million with an initial cash amount of $1.8 million plus $1.2 million of new shares in SKS Technologies both due upon…
Ampol offers to acquire Z Energy at a price of $3.78/share
AUCKLAND, NEW ZEALAND: Z Energy (ZEL) has received a non-binding indicative proposal from Ampol to acquire Z Energy at an offer price of $3.78 per share. The proposal would be implemented by way of a scheme of arrangement, a court-supervised process under which a meeting of shareholders would be held to vote on the transaction….
Bigtincan Holdings to acquire Brainshark Inc.
SYDNEY, AUSTRALIA: Bigtincan Holdings Limited has entered into a Merger Agreement with Brainshark Inc. BTC Mobility Merger Sub Inc. and Shareholder Representative Services LLC to acquire 100% of the issued capital of Brainshark from the company’s shareholders. Brainshark, launched in 1999 and located in Massachusetts, USA, is recognised as a leader in sales coaching, learning…
Fargo Enterprises to acquire Odessa Minerals
SYDNEY, AUSTRALIA: Fargo Enterprises Limited has signed a binding Term Sheet to acquire 100% of the issued capital in Odessa Minerals. Odessa has entered into agreements to acquire a 90% interest in the Aries Project from Jindalee Resources Limited, a 100% interest in the Calwynyardah Project from Volclays Pty Ltd, and 100% interest in the…
Pushpay to acquire Resi Media for $150 million
SYDNEY, AUSTRALIA: Pushpay has entered into a definitive agreement to acquire 100% of the ownership interests in Resi Media LLC for $150 million, a news release said. The purchase price will be paid by the issue of $40 million of new Pushpay shares, with the balance paid in cash. The cash component will be funded…
Integrating Crypto-Currencies To The Real World
The last two years have been a game-changer for the e-sport industry, especially within the Blockchain space. In 2020, the general e-sport industry grew by 15.7%, about $149.4 million from the previous year. By 2021, the industry was valued at a little over $1.08 billion. During this period, a new generation of gamers rose, including…