LONDON: Tristel plc (AIM: TSTL), the manufacturer of infection prevention products, announced the appointment of Matthew (Matt) Sassone as Chief Executive Officer (“CEO”) and to the Tristel Board, with effect from 2 September 2024. Matt’s appointment follows the conclusion of a competitive selection programme and he will replace Paul Swinney, the Company’s founder and CEO…
ShopOne Centers REIT expands Atlanta portfolio with Publix at Mt. Zion acquisition
NEW YORK: ShopOne Centers REIT Inc., in collaboration with joint venture partners Pantheon and a prominent global institutional investor, has announced the acquisition of the Publix at Mt. Zion shopping center in Morrow, Georgia. This marks the fourth grocery-anchored neighborhood shopping center acquired by the joint venture within the Atlanta Metropolitan Statistical Area (MSA). “We…
Bain Capital agrees to buy PowerSchool Holdings in $5.6 billion deal
PowerSchool Holdings, Inc. (NYSE: PWSC), a premier provider of cloud-based software for K-12 education, has announced that it has entered into a definitive agreement to be acquired by Bain Capital. The transaction, valued at $5.6 billion, marks a substantial premium over PowerSchool’s last unaffected share price. Under the definitive agreement, PowerSchool stockholders will receive $22.80…
BlockDAG Network raises $42 million, revolutionizes crypto with DAG technology
BlockDAG Network has emerged as a trailblazing project, securing over $42 million in pre-seed funding and capturing the attention of the global crypto community. Since the inception of Bitcoin in 2008, the evolution of digital currencies has been swift, but BlockDAG Network’s innovative approach to addressing the crypto space’s most pressing challenges has set it…
SMC Entertainment to acquire ChainTrade’s AI-powered trading platform
SMC Completes Asset Purchase of UK-registered ChainTrade Ltd.’s AI-powered Trading Platform SMC Entertainment Inc. (OTC PINK: SMCE), a versatile incubator company focused on acquisition and support of proven commercialized financial services and technology (Fintech) companies, has entered into an agreement to acquire 100% of the assets of ChainTrade Ltd.’s AI-powered Trading Platform. The closing of…
SysGroup plc announces retail offer to raise £0.5 million
LONDON: SysGroup plc, a leading company in the tech sector, has launched a retail offer to raise funds through the issuance of new ordinary shares. The company aims to generate up to £0.5 million by offering new ordinary shares at an issue price of 33 pence each, which is a 5.7% discount from the closing…
ITV plc proposes buyback of €600 million notes amid plans to issue new debt
LONDON: ITV plc has extended an offer to repurchase its outstanding €600 million 1.375% notes due in September 2026. The buyback is contingent on the successful issuance of new debt under the company’s Euro Medium Term Note Programme. The tender offer, detailed in a memorandum released on June 7, 2024, invites note holders to sell…
Ad Shares and Partnerships: Rise of Millionaire YouTubers and Social Media Influencers
In the digital tapestry of the 21st century, social media has woven itself into the very fabric of our daily lives. It’s a phenomenon that has evolved from a simple means of communication to a multifaceted platform offering boundless opportunities for creativity, connection, and commerce. This evolution has been nothing short of revolutionary, transforming the…
KSA sells secondary offering Saudi Aramco shares at SAR 27.25/share
Saudi Aramco announces launch of a secondary public offering The Government of the Kingdom of Saudi Arabia (the “Government“) and Saudi Arabian Oil Company (Saudi Aramco), the world’s largest integrated energy and chemicals company (the “Company“), today announce the final offer price for the secondary public offering of ordinary shares (the “Offer Shares“) of the…
Vallourec joins the Dii Desert Energy Initiative to support energy transition in the Middle East and Africa
MEUDON, FRANCE: Vallourec, a world leader in premium tubular solutions, announces its effective membership in Dii Desert Energy, a global organization dedicated to energy in the desert regions of the Middle East and North Africa (MENA). Consequently, the Group also joins the MENA Hydrogen Alliance, a collaborative network committed to the development of green hydrogen…
LDC to acquire Nowy Sacz plant and Konspol brand in Poland
PARIS, FRANCE: Lambert Dodard Chancereul (LDC) announced entry into a conditional asset purchase agreement with KONSPOL Holding SP z.o.o., affiliate of the CARGILL’s group for the acquisition in Poland of their Nowy Sacz plant and Konspol brand. This factory achieved a consolidated turnover in 2023 of €35 million. In line with LDC’s international expansion strategy,…
Diversified Energy acquires working interest in key assets from Oaktree Capital
LONDON, UK: Diversified Energy Company (LSE: DEC) has successfully completed the acquisition of a substantial working interest in key assets from Oaktree Capital Management. The deal, initially announced on March 19, 2024, marks a strategic consolidation for Energy Company, enhancing its position in the energy sector. The acquisition, valued at a purchase price of $410…