LONDON: Digital 9 Infrastructure Plc announced the launch of its initial public offering (IPO) on the Specialist Fund Segment of the Main Market of the London Stock Exchange, for a target issue of 400 million Ordinary shares at an initial issue price of £1.0 per Share. This announcement follows the Company’s Intention to Float announcement…
Aker ASA launches Seetee to invest in Bitcoin and blockchain ecosystem
OSLO: Aker ASA has established Seetee AS with a capital investment of NOK 500 million, a new company dedicated to investing in projects and companies throughout the Bitcoin ecosystem and which will keep all its liquid investable assets in bitcoin. Seetee will initially focus on 1) investing in and owning bitcoin, 2) joining the Bitcoin…
Wildcat Resources Limited appoints Sam Ekins as Chief Executive Officer
SYDNEY: Wildcat Resources Limited has appointed Mr Sam Ekins as Chief Executive Officer (CEO) to advance the Company’s two exciting projects, the Mt Adrah Gold Project (Lachlan Fold Belt, NSW) and the Bolt Cutter Gold Project (Mallina Province, WA). Mr Ekins has over 15 years of experience as an economic geologist. He holds a BSc…
ALS Limited announces acquisition of Americas-based Investiga
SYDNEY: ALS Limited announced the acquisition of Investiga, a pharmaceutical testing business with operations in Brazil and the east coast of the USA. Founded in 1993, Investiga is privately owned with 360 employees and generated AUD ~$20m of revenue in FY20. It specialises in the cosmetic and personal care market, providing services to a portfolio…
Mercury NZ plans upto $200mn green bond offer
AUCKLAND, NEW ZEALAND: Mercury NZ Limited is likely to make an offer of up to $200 million of 5.5 year unsecured, unsubordinated fixed rate green bonds to institutional investors and New Zealand retail investors. The offer, with the ability to accept up to an additional $50 million of oversubscriptions at Mercury’s discretion, is expected to…
Orano to acquire Daher’s nuclear activities in Germany and North America
PARIS: The Orano Group has signed an agreement to acquire Daher Group’s German nuclear activities (Daher Nuclear Technologies Gmbh – DNT) and of its North American subsidiary (TLI Inc. -TLI), a news release said. This project is part of the Orano Group’s strategy to strengthen its competencies in its core business. The entities involved in…
OCI signs agreements to start commercialization of ammonia and methanol as shipping fuels
AMSTERDAM: OCI N.V. has entered into agreements with MAN Energy Solutions, Hartmann Group and Eastern Pacific Shipping (EPS) to create marine value chain and start commercialization by 2023/24 of ammonia and methanol as the shipping fuels of the future, a news release said. A Memorandum of Understanding (MoU) with MAN Energy Solutions and Hartmann Gas…
CoStar Group withdraws bid to acquire CoreLogic
WASHINGTON: CoStar Group Inc. has withdrawn its bid to acquire CoreLogic and terminate any further acquisition discussions, a news release said. CoStar Group believes rising interest rates will negatively impact the outlook for the mortgage refinancing market. Accordingly, these rising interest rates have caused valuations for residential property technology companies to decline significantly in recent…
Azul 3D announces Paul F. Decker as CEO
SKOKIE: Azul 3D, a developer of leading-edge 3D-printing technology, named Paul Decker as chief executive officer (CEO), effective March 1, 2021. Decker brings over 20 years of global executive experience commercializing digital industrial technologies to Azul 3D. He was CEO, and later chairperson, of ABP Induction, a leader in the field of high-powered induction equipment…
Medallia to acquire Decibel in a $160 million deal
SAN FRANCISCO: Medallia Inc. has entered into a definitive agreement to acquire Decibel, a leader in digital experience analytics, in $160 million cash deal, a news release said. With this acquisition, Medallia’s leading customer experience and engagement platform will seamlessly include always-on, unsolicited digital feedback, providing a single view of all customers and prospective customers…
Contango Holdings acquires Ntiela Gold Project in Mali for £0.75 million
LONDON: Contango Holdings Plc announced the acquisition of the Ntiela Gold Project in Mali, which is contiguous to the company’s existing Garalo Gold Project. Carl Esprey, Chief Executive Officer of Contango Holdings, said: “Our Garalo Gold Project is on track to deliver first gold by the end of this year and I am pleased to…
Senior plc to sell Senior Aerospace Connecticut to PCX Aerosystems for $74 million
LONDON: Senior plc, an international manufacturer of high technology components and systems, announced the divestiture of Senior Aerospace Connecticut, the stand alone, build-to-print helicopter structures operating business to PCX Aerosystems LLC for $74 million. Senior Aerospace Connecticut is a build-to-print manufacturer of precision metallic parts for the aerospace industry, supplying machined parts from bar stock,…