PARIS, FRANCE: Total SE has acquired 20 percent stake in Hysetco, a French company dedicated to the development of hydrogen mobility in cities. Hysetco owns the largest fleet of hydrogen taxis in the world, launched in 2015 and operated in the Île-de-France region under the Hype brand, as well as hydrogen stations. The Hype project…
Palla Pharma appoints Giles Moss as new CEO
SYDNEY, AUSTRALIA: Palla Pharma Limited announced that Mr Giles Moss has been appointed as the new Chief Executive Officer (CEO) of the Company and will assume the role on September 1, 2021. Giles brings over 30 years of commercial leadership and significant operational experience in the pharmaceutical industry to this role. Over his career, Giles…
Nick Winks appointed Non-Executive Chairman of Sureserve Group
LONDON: Sureserve Group announced that Nick Winks will join the Board as independent Non-Executive Chairman of the Group with immediate effect. Robert Legget will resume his role as Senior Independent Director of the Group. Nick’s early career saw him hold a variety of senior management roles including as MD or CEO of a number of…
Go-Ahead announces retirement of CEO David Brown
LONDON, UK: The Board of the Go-Ahead Group plc announced that David Brown has notified the Board of his intention to retire as Group Chief Executive at the end of this year after more than 10 years leading the business. David has spent nearly 40 years working in the transport industry, including as CEO of…
LSL Property Services sells its 49.6% shareholding in LMS for £12 million
LONDON, UK: LSL Property Services announced the sale of its holding of 49.6% in LMS (Legal Marketing Services), a provider of conveyancing panel management services, to a UK Private Equity firm, for a cash consideration of £12 million. The sale simplifies the Group structure, providing further capital for deployment into opportunities to accelerate the Group’s…
CyanConnode signs Key MOU with Intellismart
LONDON, UK: CyanConnode Holdings has signed a MOU (Memorandum of Understanding) with Intellismart, (Intellismart Infrastructure Private Limited), a joint venture company formed by EESL, (Energy Efficiency Services Limited), and NIIF, (National Investment and Infrastructure Fund). Intellismart is a Meter Asset Provider which deploys smart meters by funding CAPEX, which it then recovers through an OPEX…
Europa Oil & Gas gets oil storage consent for Wressle Oil Field
LONDON, UK: Europa Oil & Gas (Holdings) plc has been advised by the operator that consent has been received from North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the Wressle Oil Field Development. Europa Oil & Gas (Holdings) plc is the UK, Ireland and Morocco focused…
Carlyle’s Murano Bidco to acquire Vectura Group in a £958 million deal
LONDON, UK: The boards of Vectura Group and Murano Bidco have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco shall acquire all of the issued and to be issued ordinary shares of Vectura Group. The acquisition values the entire issued and to be issued ordinary share capital of Vectura…
Crossword Cybersecurity acquires Verifiable Credentials Limited for £2.75 million
LONDON, UK: Crossword Cybersecurity Plc announced its acquisition of the whole of the share capital of Verifiable Credentials Limited (VCL), the provider of Identiproof, the World Wide Web Consortium (W3C) verifiable credentials compatible middleware and wallet technology, with whom Crossword is already working. Identiproof, VCL’s middleware technology suite of products, is a key component in…
Supply@ME Capital signs agreement to buy TradeFlow Capital Management for £31 million
LONDON, UK: Supply@ME Capital plc (LON: SYME) has signed a Share Purchase Agreement (SPA) to acquire the entire issued share capital of TradeFlow Capital Management Pte. Ltd., the leading Singapore-based FinTech-powered commodities trade enabler focused on SMEs. The acquisition will enable SYME to further enhance its platform, delivering a global inventory monetisation service, including the…
Mattioli Woods to acquire Maven Capital and Ludlow Wealth Management for 143.5mn
LONDON, UK: Mattioli Woods plc announced the proposed acquisitions of Maven Capital Partners UK LLP and Ludlow Wealth Management for a total of £143.5 million. Mattioli Woods has conditionally agreed to acquire all the membership interests in Maven, for an aggregate maximum consideration of up to £100.0 million (including, subject to certain conditions being satisfied,…
Playtech plc agrees to sell its financial trading division (Finalto) for $210 million
LONDON, UK: Playtech plc has entered into an agreement for the sale of its financial trading division (Finalto) to a consortium led by Barinboim Group and backed by Leumi Partners Limited and Menora Mivtachim Insurance Limited, together with key members of the Finalto Business’ management team. Finalto is a specialist in B2C and B2B multi-channel…