LONDON: The Bendigo and Adelaide Bank Board of Directors today have confirmed that Vicki Carter’s appointment as Chair has become permanent, following her appointment as Interim Chair on 17 April. David Foster has stepped down as Chair and remains on a leave of absence. Vicki joined the Board in September 2018 and has over 30…
Amur Minerals Corporation acquires Extruded Pharmaceuticals
LONDON: Amur Minerals Corporation, now an AIM Rule 15 cash shell, has executed a sale and purchase agreement to acquire Extruded Pharmaceuticals Limited (EPL), a UK-based innovator in cancer treatment technology. The acquisition, valued at £5.5 million, will be satisfied through the issuance of 23,939,986 new ordinary shares. This strategic acquisition is a reverse takeover…
NetScientific plc expands management with Martlet Capital’s portfolio
LONDON, UK: NetScientific plc, the deep tech and life sciences VC investment group, has announced a significant expansion of its venture capital and corporate finance operations. The company’s subsidiary, EMV Capital Limited, has been appointed to manage Martlet Capital Limited’s approximately £23.3 million investment portfolio. Additionally, EMV Capital has acquired the operational venture capital business…
Atrato Onsite Energy announces £6.4 million solar investments
LONDON: Atrato Onsite Energy plc (LSE: ROOF), the investment company focusing on clean energy generation, announced two solar investments for a combined consideration of £6.4m. The investments comprise 9.5MW of solar capacity and are expected to deliver long dated, highly visible, contracted cashflows with annual uplifts. Automotive portfolio The Company has acquired an operational portfolio…
MISSION Group rejects Brave Bison’s takeover bid
LONDON, UK: MISSION Group plc has firmly rejected an unsolicited takeover proposal from Brave Bison Group plc, citing the offer as opportunistic and significantly undervaluing the company. The offer, made on April 29, 2024, suggested an all-share exchange ratio of 11.5 Brave Bison shares for each MISSION share, valuing each MISSION share at approximately 29…
Brave Bison in talks to acquire The Mission Group plc
LONDON: Brave Bison Plc, the digital advertising and technology services company, has made a formal approach to the Board of The Mission Group plc regarding a possible offer to acquire the entire issued and to be issued share capital of Mission by way of an all-share offer. Mission Group PLC is a UK-based marketing communication…
FRP Advisory Group acquires Hilton-Baird Group for initial £7 million
LONDON, UK: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of commercial finance and risk management specialists Hilton-Baird Group for a consideration of £7 million plus an amount for the net assets acquired on completion which we estimate to be c. £1.4 million and a three-year performance based earn-out…
Surefire Resources NL appoints Jan De Jager as Chief Executive Officer
SYDNEY, AUSTRALIA: Surefire Resources NL (ASX:SRN) announced the appointment of Mr Jan De Jager as Chief Executive Officer (CEO) effective as of today. Jan is a highly experienced mining executive with a proven track record in listed international mining companies. He has more than 25 years’ experience across operational, finance, commercial, strategy, and business development…
Southern Cross Electrical Engineering to acquire MDE Group for $10.55m
SYDNEY, AUSTRALIA: Southern Cross Electrical Engineering Limited (SCEE Group) has executed a Share Purchase Agreement to acquire 100% of MDE Group Pty Ltd (“MDE”) for an enterprise value of up to $10.55m. Completion is expected to occur by the end of May 2024. Founded in 2006 and based in Sydney, MDE Group provides communications, data,…
Tenaris commences $300 million tranche of $1.2 billion buy back
Tenaris S.A., a global leader in steel tube manufacturing, has initiated the third tranche of its Share Buyback Program. The company, listed on multiple stock exchanges including NYSE, Mexico, and Italy, has confirmed the commencement of a $300 million buyback phase, starting May 13, 2024. This strategic financial maneuver is part of a broader $1.2…
Zinzino has acquired Luxembourg-based direct sales company Xelliss for EUR 2 million
Scandinavian health and wellness giant Zinzino has announced the acquisition of Luxembourg-based direct sales company Xelliss. The deal, which includes the rights to Xelliss’s distributor database, customer register, inventory, and intellectual property, marks a pivotal step in Zinzino’s ambitious growth strategy aimed at enhancing personal health and well-being worldwide. Xelliss, renowned for its natural wellness,…
U.S. celebrates launch of first American-built offshore wind service vessel
In a landmark achievement for the U.S. offshore wind energy sector, the nation witnessed the christening of the ECO EDISON, the first-ever offshore wind service operations vessel (SOV) constructed in America, owned by Americans, and operated by an American crew. This vessel is set to play a pivotal role in fostering domestic energy production and…