SYDNEY: Swoop Holdings (ASX:SWP) has announce its intention to make an off-market takeover offer to acquire all of the ordinary shares of Vonex Limited (ASX:VN8)that it does not currently own. Swoop is offering 1 fully paid Swoop ordinary share for every 4.2 Vonex Shares. The implied offer price is 5 cents per Vonex share. Swoop…
Lycopodium Limited to acquire SAXUM, an Argentinian headquartered engineering company
PERTH: Lycopodium Limited has entered into a Heads of Agreement to acquire a majority interest in SAXUM, an Argentinian headquartered engineering company. Under the terms of the agreement, Lycopodium will acquire a 60% shareholding in SAXUM with options over the remaining share capital in subsequent years. SAXUM is a multi-disciplinary engineering and project management services…
Dignity, end-of-life service provider in UK, is acquiring Farewill Limited for £12.9 million
LONDON: Dignity, the leading end-of-life service provider in the UK, is acquiring Farewill Limited, an award-winning leader in digital end-of-life services. This transaction has important strategic benefits for both companies, allowing them to combine their strengths and continue to serve their distinct customer bases, collectively reinforcing Dignity’s position as the UK’s largest and most comprehensive…
Adriatic Metals appoints Laura Tyler as MD and CEO
LONDON: Adriatic Metals announced the appointment of Laura Tyler as Managing Director and Chief Executive Officer. Laura Tyler joined the Adriatic Board as a Non-Executive Director on 1 July 2024 and was appointed Interim CEO on 9 August 2024. The appointment follows an extensive CEO search by the Board as the Company transitions to a…
FRP Advisory Group has acquired Globalview Advisors for £5.5 million
LONDON: FRP Advisory Group, a specialist business advisory firm, has acquired Globalview Advisors Limited for a total consideration of £5.5 million. As part of the overall transaction, Globalview’s Managing Director, Sarpel Ustunel, has entered into a subscription agreement to reinvest £2.2 million of the proceeds into new ordinary shares which will be issued by FRP. Based…
Joshua Alliance agrees to take over N Brown Group in a £191 million deal
LONDON: Falcon 24 Topco Limited, a newly formed company owned and controlled by Joshua Alliance, reached agreement to acquire the entire issued and to be issued share capital of N Brown, other than the N Brown shares already owned or controlled by Joshua Alliance. Joshua Alliance owns 30,943,800 N Brown shares, representing approximately 6.6% of share…
Australia appoints VFS Global to deploy biometric collection for Sub-Saharan Africa
Government of Australia has appointed VFS Global to provide biometric collection services for Sub-Saharan Africa. VFS Global is the world’s leading outsourcing and technology service specialist for governments and diplomatic missions. This is in addition to the seven regions awarded in August 2023 to provide biometric collection services –the Americas, Mekong, Middle East and North…
Microsoft unveils three new Xbox consoles with enhanced features
Microsoft has recently launched three new Xbox consoles, each bringing unique features and improvements to the gaming experience. The lineup includes the special edition 2 TB Xbox Series X, the disk-less white 1 TB Xbox Series X, and the 1 TB Xbox Series S. While these consoles may look similar to their predecessors on the…
Woodside Energy to delist from the London Stock Exchange
LONDON: Woodside Energy has reviewed its current listing structure and decided to delist from the London Stock Exchange (LSE). Woodside shares represented by depositary interests account for approximately 1% of Woodside’s issued share capital. Trading volumes of Woodside shares on the LSE are low and delisting from the LSE will reduce Woodside’s administration costs. Woodside…
CloudCoCo to sell its IT managed services business for £9.2 million
LONDON: CloudCoCo, a leading UK provider of managed IT services and communications solutions, has entered into a Share Purchase Agreement to sell the entire issued share capital of CloudCoCo Limited to Aspire Technology Solutions Ltd, for gross cash consideration of up to c.£9.2 million. CloudCoCo Limited is the Group’s IT managed services business. Proceeds from…
KMD Brands announces Rip Curl brand CEO resignation
WELLINGTON: KMD Brands Limited announced that Brooke Farris has given notice of her resignation as Rip Curl brand CEO. KMD Brands Group CEO Michael Daly said, “Brooke has been dedicated to the success of Rip Curl for 14 years. As CEO, she has achieved record sales and grown the women’s business significantly. Brooke leaves Rip…
Techbio company Antiverse raises another £3.5 million seed funding
CARDIFF: Antiverse, a techbio company designing antibodies for challenging targets, today announced it has added £3.5M ($4.6M) to its seed funding. The investment will facilitate the Company’s growth, including appointments to strengthen the team and continued development of its antibody design programmes, many in partnership with pharmaceutical companies. The latest investment round was led by…