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…
Safestay plc announces acquisition of central property in Brighton
LONDON, UK: Safestay (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, announced the acquisition of a freehold property in the centre of Brighton, from the University of East Sussex, by Safe Hostels Ltd, a 100% owned subsidiary of and guaranteed by Safestay Plc, with the intention of converting it into…
PPHC acquires cross-party public affairs advisory firm, Pagefield
LONDON: Public Policy Holding Company (AIM: PPHC), the government relations and public affairs group providing clients with a fully integrated and comprehensive range of services, has acquired Pagefield Communications Limited, a premier London-based strategic communications and cross-party public affairs advisory firm, for an initial consideration of £16.2 million. Until now, PPHC’s nine operating companies have…
Ardena announces CEO transition: Jeremie Trochu takes the helm
GHENT, BELGIUM: Ardena, a prominent Contract Development and Manufacturing Organization (CDMO), has announced a significant leadership change. **Dr. Harry Christiaens** is retiring after two decades of service as CEO and will continue to serve on the company’s board. Succeeding him is **Jeremie Trochu**, a veteran in the pharmaceutical CDMO sector, who brings a wealth of…
Indico Data raises $19M with Guidewire to deliver cutting-edge AI technology
BOSTON: Indico Data, the industry’s leading solution for the automating of critical intake workflows across the policy lifecycle, announced completion of a successful funding round raising $19M with a strategic investment from Guidewire, a premier platform for Property and Casualty (P&C) insurers. This strategic financial infusion and partnership with Guidewire will accelerate Indico Data’s mission…
TransDigm completes $1.385 billion acquisition of Electron Device Business
CLEVELAND: TransDigm Group Incorporated (NYSE: TDG) has completed its acquisition of the Electron Device Business of Communications & Power Industries (CPI), a portfolio company of TJC, L.P., for approximately $1.385 billion in cash. TransDigm financed the acquisition through cash on hand as well as cash proceeds from the notes offerings completed in November 2023. The…