DUBAI, UAE: Voxtron Solution, a leading provider of innovative communication solutions, announced the launch of Voxvantage, a cutting-edge Cloud Contact Center Solution designed to revolutionize customer engagement in the Middle East region. Developed in collaboration with longstanding partner Enghouse Systems, Voxvantage represents a significant leap forward in contact center technology, blending advanced AI capabilities with…
Bregal Milestone acquires Novare Pay, appoints new Chair to Allshares board
In a significant move within the European tech sector, Bregal Milestone, a prominent private equity firm specializing in technology and software, has announced its acquisition of Novare Pay, a renowned Stockholm-based compensation services provider. This strategic acquisition is set to bolster Allshares, a leading software and services provider owned by Bregal Milestone, by integrating Novare…
United Fintech expands global reach with new office in Dubai’s financial hub
DUBAI: United Fintech has announced the opening of a new office in the Dubai International Financial Centre (DIFC). The expansion, led by Athena, a key partner company within United Fintech, is a strategic response to the strong market demand and highlights the United Arab Emirates’ pivotal role as a nexus for financial technology innovation. United…
The Casino Group sells its 10.15% stake in GreenYellow
PARIS: The Casino Group announces that it has reached an agreement with Ardian and Bpifrance to sell its 10.15% stake in GreenYellow. As an essential and decisive condition of this transaction, all amounts owed between the Casino Group and GreenYellow, resulting notably from the sale of hypermarkets and supermarkets to Groupement Les Mousquetaires and Auchan,…
Active Energy explores strategic sale of CoalSwitch assets
LONDON: In a recent business update, Active Energy, a leader in the biomass-based renewable energy sector, has announced its engagement in strategic discussions for the potential sale of its CoalSwitch® assets. Following the announcement on April 9, 2024, the company has received several proposals which are currently under the Board’s review. The Board remains optimistic…
Unite Students sells £184 million worth of properties to PGIM Real Estate
LONDON, UK: Unite Students, the UK’s leading owner, manager and developer of student accommodation, today announced the sale of six properties to PGIM Real Estate for £184 million (Unite share: £76 million). The properties, comprising 2,948 beds, are located in Birmingham, Cardiff, Leicester, Liverpool, Nottingham and Sheffield and have an average age of 18 years…
Vicki Carter appointed Bendigo and Adelaide Bank Chair
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…