LONDON, UK: Regional REIT Limited has exchanged contracts with ARA Dunedin for the disposal of a significant industrial property portfolio for £45 million. The completion is conditional upon the Purchaser having in place the required financing. This reflects a net initial yield of 6.75% to the Purchaser and is 7.5% above the valuation as at…
Kavango Resources commences Kalahari Suture Zone drilling
LONDON, UK: Kavango Resources plc, the exploration company targeting the discovery of world-class mineral deposits in Botswana, announced that drilling has commenced on Target A2 (A2) in the northern (Hukuntsi) section of the Kalahari Suture Zone (KSZ). The goal of this geological borehole is to retrieve core samples from the bottom of the “Norilsk style…
Rio Tinto’s RBM shuts furnace as security situation worsens
LONDON, UK: Rio Tinto‘s Richards Bay Minerals (RBM) operation in South Africa will shut one of its four furnaces due to the depletion of available feedstock at the plant. This is the result of mining operations being halted following an escalation in the security situation at the operations which significantly hampered the mine’s ability to…
Muhammad Manan appointed Group CEO of Eco Hotels UK Plc
LONDON, UK: Muhammad Manan has been appointed as Group CEO of Eco Hotels UK Plc, a news release said. Eco Hotels, an incubation by Red Ribbon Asset Management Plc, is intending to roll out carbon neutral hotels across the UK and India. It has two brands, Eco Premium and Ecolodge, which will offer carbon neutral…
Intertek acquires JLA Brazil
LONDON, UK: Intertek Group plc, a total quality assurance provider to a range of industries worldwide, is pleased to announce that it has acquired JLA Brasil Laboratório de Análises de Alimentos S.A. JLA Brazil (JLA), a market-leading independent provider of Food, Agri and Environmental testing solutions based in Brazil, a news release said. As the…
Paycor announces IPO at $23/share
CINCINNATI: Paycor HCM Inc. announced the pricing of its initial public offering of 18.5 million shares of its common stock at a price to the public of $23 per share. Paycor creates Human Capital Management (HCM) software. The shares are expected to begin trading on the Nasdaq Global Select Market (Nasdaq) under the ticker symbol…
RealPage Inc. to acquire G5 Search Marketing
RICHARDSON, TEXAS: RealPage Inc. has entered into a definitive agreement to acquire G5 Search Marketing Inc., a leading pure-play provider of digital marketing, advertising and analytics solutions to the real estate sector. RealPage plans to combine G5’s industry-leading solutions with its end-to-end real estate platform, significantly accelerating RealPage’s vision for marketing optimization and ultimately a…
BCAL Diagnostics lists on ASX after raising $10 million in IPO
SYDNEY, AUSTRALIA: BCAL Diagnostics listed on the Australian Securities Exchange (ASX) following an Initial Public Offering (IPO) that raised $10 million from investors. The offer saw the issue of 40 million new shares at 25 cents per share, valuing BCAL at $51.7 million. BCAL is developing a non-invasive laboratory blood test for the detection of…
Gefen International lists on ASX following A$25million IPO
TEL AVIV, ISRAEL: Gefen International A.I. Limited, a platform provider that empowers and transforms agent-based networks, announce that trading of its shares on the Australian Securities Exchange (ASX) will commence today with the code GFN, following the completion of its successful initial public offering (IPO). The IPO raised gross proceeds of A$25 million at an…
Synthomer plc received London Stock Exchange’s Green Economy Mark
LONDON, UK: Synthomer Plc is a global differentiated chemicals company and one of the world’s leading suppliers of sustainable water-based polymer solutions. With strong geographic and end market diversity combined with increasing product differentiation, Synthomer holds leadership positions in a wide range of markets including coatings, construction, textiles, paper, adhesives, healthcare and oil & gas….
Limeade buys employee wellbeing software firm, TINYpulse for $8.8 million
BELLEVUE, WASHINGTON: Limeade Inc. announced its acquisition of TINYpulse, a leader in employee listening software. The acquisition brings together two companies committed to helping their customers create healthy employee experiences. The acquisition comes at a time when companies worldwide are increasing their investment in understanding and tracking employee sentiment and well-being. In its most recent…
Skyfii acquires CrowdVision, AI driven computer vision & video analytics company
SYDNEY, AUSTRALIA: Skyfii Limited, an omnidata intelligence company, has completed acquisition of CrowdVision, a highly complementary Artificial Intelligence, computer vision and video analytics company, a news release said. The acquisition of CrowdVision delivers Skyfii a leading presence in the global airport vertical. The timing of the transaction is strategically counter-cyclical and provides significant scope for…