LONDON: Union Jack Oil plc, an onshore hydrocarbon producer with interests in the UK and USA, has announced the acquisition of a 45% working interest in the Rogers Enhanced Oil Recovery Project in Seminole County, Oklahoma. The $105,000 deal with Reach Oil & Gas Company Inc includes two production wells and one injector well, mirroring…
Oracle Power acquires Blue Rock Valley Copper and Silver Project in Australia
LONDON: Oracle Power (AIM:ORCP) has announced the conditional acquisition of the entire Blue Rock Valley Copper and Silver Project in Western Australia, following the completion of due diligence. The project, located 165km southeast of Onslow, is poised for development with historical assays indicating high-grade copper and silver, and potential for uranium. Key Highlights: – Acquisition:…
Renew Holdings has acquired Excalon Holdings for £26 million
LONDON: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, has acquired Excalon Holdings Limited for a total consideration of up to £26 million. The acquisition represents an excellent strategic fit for the Group, allowing Renew to expand into the electricity transmission and distribution market. This…
Global Connectivity plc increases stake in broadband provider Voneus
LONDON: Global Connectivity plc (AQSE: GCON) has announced a substantial capital investment into Voneus Limited, a leading UK broadband provider. The investment, totaling £18 million, was contributed by both shareholders and lenders on June 6, 2024. This strategic financial infusion has resulted in an increase of Rural Broadband Solutions Holdings Limited’s (RBSHL) stake in Voneus…
Oakley Capital and Eurazeo to acquire co-controlling stake in I-TRACING
LONDON: Oakley Capital Investments (OCI), a leading pan-European private equity investor, is pleased to announce that Oakley Capital Fund V has been granted exclusivity with a view to acquiring a co-controlling stake alongside Eurazeo in I-TRACING, the leading independent provider of cybersecurity services in France. The transaction is subject to consultation with I-TRACING’s employee representative…
Oxford Instruments to acquire FemtoTools AG for upto CHF 24 million
LONDON: Oxford Instruments plc, a leading provider of high technology products and services to industry and scientific research communities, has entered into an agreement to acquire FemtoTools AG, a developer of nanoindentation instruments. Completion is subject to certain closing conditions which are expected to be satisfied within the next four weeks. Based in Zurich, Switzerland,…
Hawksworth to retire, Stew Hamilton appointed new CEO of Mercury NZ
SYDNEY, AUSTRALIA: Mercury NZ Limited’s board has announced the upcoming retirement of Vince Hawksworth, the company’s Chief Executive, effective August 31, 2024. Stew Hamilton, currently serving as the Executive General Manager Generation, is set to take over the helm as the new Chief Executive. Vince Hawksworth, who has been at the forefront of Mercury since…
Lightpath to acquire United Fiber and Data
NEW YORK: Lightpath, a leading all-fiber connectivity provider, has announced the signing of a definitive agreement to acquire the assets of United Fiber and Data (UFD). The acquisition, pending regulatory approval, is slated for completion in Q3 of 2024 and is set to enhance Lightpath’s network reach and service offerings. UFD, known for its high-fiber…
ICANN appoints new president and CEO, Kurtis Lindqvist
LOS ANGELES: The Internet Corporation for Assigned Names and Numbers (ICANN) has announced the appointment of Kurtis Lindqvist as its new President and Chief Executive Officer (CEO). Lindqvist, a seasoned industry leader with over three decades of experience, is set to take the helm of the global internet oversight body on December 5, 2024. Tripti…
Securiguard Services Limited appoints Lorna Clamp as new president
VANCOUVER: Securiguard Services Limited has appointed Lorna Clamp as its new President. Clamp, a veteran with over three decades of experience in the field, is set to bring her extensive expertise and a commendable track record to the helm of Canada’s premier safety and security services provider. Under Clamp’s leadership, Securiguard is poised to continue…
IMCD Italy agrees to acquire Selechimica S.R.L.
AMSTERDAM: IMCD N.V., a leading distributor of speciality chemicals and ingredients, announced that IMCD Italy has signed an agreement to acquire 100% of the shares in Selechimica S.R.L., an Italian distributor in the pharmaceutical industry. Headquartered in Milan, Italy, Selechimica distributes an extensive portfolio of Active Pharmaceutical Ingredients (APIs). With 3 employees, Selechimica represents leading…
Mosman Oil and Gas has sold stakes in Nadsoilco LLC
LONDON: Mosman Oil and Gas Limited (AIM: MSMN) the helium, hydrogen and hydrocarbon exploration, development, and production company, sold its interest in Nadsoilco LLC for a consideration of up to US$1.75 million subject to the completion of due diligence by the acquiror. Nadsoilco LLC currently owns the working interest in Stanley, Greater Stanley and all…