LONDON: Pathfinder Minerals PLC (AIM: PFP) has declared its conditional agreement to acquire Rome Resources Ltd. This transaction, announced on May 7, 2024, follows Pathfinder’s initial statement made on November 29, 2023. The acquisition process, termed as the “Arrangement,” is set to be executed through a court-sanctioned plan of arrangement in accordance with the British…
Lawrence Hutchings to be appointed CEO of Workspace Group Plc
LONDON: Workspace Group PLC, London’s leading owner and operator of sustainable, flexible work space today announced the appointment of Lawrence Hutchings as its CEO Designate. Lawrence will replace Graham Clemett, who informed the Board in January of his decision to retire from Workspace. Lawrence Hutchings has been Chief Executive Officer at Capital & Regional PLC…
Cadoux Limited acquires 50% Stake in Minhub Operations Pty Ltd
SYDNEY, AUSTRALIA: Cadoux Limited (ASX: CCM) has announced the acquisition of a 50% stake in Minhub Operations Pty Ltd (MOPL), an emerging name in rare earth production. The acquisition, which aligns with the Australian sovereign supply chain objectives, marks the completion of the first stage of a Share Purchase Agreement (SPA) outlined in a previous…
Humanaut Health raises $8.7 million seed investment
AUSTIN, Texas: Humanaut Health has successfully secured an $8.7 million seed investment. The funding round was spearheaded by The Kabech Fund and saw active participation from Midnight Venture Partners, along with the company’s founders and other key individual investors. The influx of capital is set to bolster the development of Humanaut Health’s innovative care model,…
Base Power unveils revolutionary home energy service in Texas
AUSTIN, Texas: Base Power has launched a new battery-powered home energy service, promising Texas homeowners a more reliable and cost-effective power supply. Amidst the state’s notorious power outages and soaring electricity prices, Base Power’s service is now available to select homeowners, with an eye on a national rollout. As the first company to offer an…
HSB Canada launches new liability insurance to protect small businesses
Toronto, Canada: HSB Canada, a subsidiary of Munich Re, has announced the launch of its new Employment Practices Liability Insurance, designed to safeguard small businesses against the rising tide of employment-related claims. This innovative coverage arrives at a time when small enterprises face increasing threats from a rapidly evolving social and legal landscape. Terry Smith,…
Rexel to acquire Talley Inc, a US distributor of wireless infrastructure products and solutions
PARIS: Rexel has reached an agreement to acquire Talley Inc, a leading distributor of wireless infrastructure products and solutions in the United States, strongly reinforcing its exposure to the fast-growing data usage trends. Talley provides network infrastructure products to mobile network operators, network installers, infrastructure operators and end-users across the US. Established in 1983 by…
TotalEnergies and SINOPEC deepen ties with new energy pact
PARIS: In a significant move during the Chinese President’s state visit to France, energy giants TotalEnergies and SINOPEC have inked a strategic agreement to enhance collaboration in low-carbon energy sectors. The deal, signed by TotalEnergies’ CEO Patrick Pouyanné and SINOPEC’s Chairman Ma Yongsheng, marks a continuation of their longstanding partnership, which spans operations in Angola,…
Guild Esports joins the Esports World Cup Club Program
LONDON: Guild Esports PLC, a global gaming-focused media business, has joined the Esports World Cup Club Program (“EWC Club Program”), a scheme launched by the Esports World Cup Foundation (“EWC Foundation”) to incentivise leading esports organisations to expand their competitive presence at the Esports World Cup (“EWC”). The EWC is an annual esports tournament hosted…
Ashoka WhiteOak likely to acquire Asia Dragon Trust
LONDON: Ashoka WhiteOak Emerging Markets Trust plc (AWEM) has proposed a strategic transaction with Asia Dragon Trust plc, which has received in-principle support from a majority of Asia Dragon shareholders. The transaction aims to provide significant benefits for both sets of shareholders, including a cash exit option for up to 50% of Asia Dragon shares….
Schroders Capital invests more in Memo Therapeutics AG
LONDON: Schroders Capital Global Innovation Trust plc announced its follow-on investment in Memo Therapeutics AG, a late clinical-stage biotech company based in Switzerland. The Company invested CHF 0.5 million (£0.4 million) in Memo’s Series C extension financing round, which raised CHF 20 million (£17 million) and was co-led by new investors, Ysios Capital and Kurma…
AdvancedAdvT Limited has acquired Celaton for £5.0 million
COMPLETION OF ACQUISITION OF CELATON LONDON, UK: AdvancedAdvT Limited (AIM: ADVT), a leading provider of software solutions, has announced the acquisition of Celaton Ltd, an AI-driven intelligent process automation platform known for its inSTREAM technology, for a net cash consideration of £5.0 million. The strategic move is set to enhance AdvT’s offerings in business solutions,…