LONDON: Bluejay Mining plc, a company listed on AIM, FSE, and traded on the Pink Market, has announced the acceptance of their application to expand the Mineral Exploration Licence 2015-08 for their Dundas Ilmenite Project in Greenland. The expansion, which will increase the licence area from 86 km² to 2,833 km², includes high-grade sedimentary hosted…
Martin Rosser is appointed CEO of Oriole Resources
LONDON: Oriole Resources (AIM: ORR) announced that Mr Timothy Livesey has stepped down as Chief Executive Officer (‘CEO’) and from the Board of Oriole with effect from end of 30 April 2024 to focus on his other business interests. The Company also announces that Mr Martin Rosser has been appointed as CEO and will join…
Public Policy Holding has acquired Lucas Public Affairs for initial $7.5 million
LONDON, UK: Public Policy Holding Company (AIM: PPHC), the government relations and public affairs group, has acquired Lucas Public Affairs LLC (LPA), a premier California-based public affairs firm, for an initial consideration of $7.5 million. The acquisition is immediately accretive to the Group’s underlying earnings, a statement noted. This is PPHC’s third significant acquisition since…
Safestay Plc has bought Hotel Lineros in a €2 million
LONDON: Safestay Plc (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, announced the acquisition of the Hotel Lineros from Mr. Antonio Medina Molera, Ms. Carmen Fernandez Gude and A. MEDINA MOLERA, S.L.U. The property has 30 freehold bedrooms and is situated in the very centre of the ancient city of…
Halma Plc has acquired MK Test Systems for £44 million
LONDON: Halma Plc, the global group of life-saving technology companies, today announced that it has acquired MK Test Systems Limited (MK Test). Founded in 1990 and headquartered in Wellington, Somerset, UK, MK Test designs and manufactures safety-critical electrical testing technology. Its products are used globally to test the integrity of high voltage electrical systems in…
Touchstone Exploration to acquire Trinity Exploration and Production for £24.1 million
LONDON: Touchstone Exploration has agreed to acquire Trinity Exploration and Production, with the boards of both companies expressing their satisfaction over the terms of the all-share offer. The acquisition, structured as a scheme of arrangement under the Companies Act, will result in Trinity shareholders receiving 1.5 new Touchstone shares for each share they hold. Upon…
Mammoth Security acquires Adeva for $2.5 million
SYDNEY, AUSTRALIA: IMG’s subsidiary Mammoth Security has entered into a binding sale and purchase agreement today to acquire 100% of the shares in Adeva from its founders. Adeva is a national security provider with a highly focused team of technicians that offers a wide range of intelligent products and services, including access control barriers, CCTV…
Dubai unveils ambitious AI blueprint to transform into a global tech hub
Dubai has announced the launch of its comprehensive AI blueprint, a strategic annual plan aimed at leveraging AI to enhance global quality of life. The ambitious plan kicks off with the designation of a dedicated AI CEO for each government entity. Following this, Dubai will establish an Artificial Intelligence (AI) and WEB3 Incubator, poised to…
Outbound.com acquires Red Wall Marketing
Outbound.com, a leader in AI-driven marketing technology for small businesses, has announced the acquisition of Red Wall Marketing, a top-tier digital marketing agency and 2023 Google Premier Partner. This acquisition places Outbound.com among the elite top 3% of agencies, significantly expanding its reach and capabilities. Since its high-profile launch at the Synapse Summit on February…
SES S.A. acquires Intelsat S.A. in a $3.1 billion deal
PARIS, FRANCE: SES S.A. has announced the acquisition of Intelsat S.A. through a purchase agreement valued at $3.1 billion (€2.8 billion) in cash and additional contingent value rights. This strategic acquisition is poised to create a formidable multi-orbit operator with an extensive coverage area, enhanced resiliency, and a broadened suite of solutions. Strategic Benefits and…
Prudential Plc charts steady course with strategic market expansion
LONDON, UK: In the bustling financial landscape of 2024, Prudential PLC emerged with a robust Q1 performance, marked by an 11% surge in new business profit, reaching a striking $810 million, albeit excluding economic impacts. This growth was a testament to the company’s diverse geographical market presence. However, when economic impacts were factored in, the…
Air Astana initiates share buyback programme
LONDON: Air Astana JSC has announced the launch of a share buyback programme, approved by its Board of Directors on February 12, 2024. The programme aims to acquire up to 4,786,800 ordinary shares and global depositary receipts (GDRs), representing about 1.3% of the company’s total issued shares, with a budget of USD 12 million. This…