LONDON: Northamber Plc (AIM:NAR), a leading value-add AV & IT distributor, has acquired Tempura Technology Limited (TTL) and Tempura Communications Limited (TCL) together with their respective subsidiaries. Tempura is a value-add distributor of unified communications including VoIP, connectivity, audio visual and video conferencing solutions in the UK, Ireland and the BeNeLux. The total consideration for…
Hologic Inc. signs deal to acquire Endomagnetics Ltd for $310 million
LONDON, UK: Hologic Inc. (Nasdaq: HOLX), a global leader in women’s health, that it is has signed a definitive agreement to acquire Endomagnetics Ltd. The acquisition, which is subject to regulatory approval as well as working capital and other customary closing adjustments values Endomag at approximately $310m. Endomag is a medical technology company, based in…
HSBC Holdings Group Chief Executive, Noel Quinn, to stepdown
LONDON: HSBC Holdings plc announced that Group Chief Executive, Noel Quinn, has informed the Board of his intention to retire from the Company after nearly five years in the role. As Group Chief Executive, Mr Quinn has overseen a successful transformation of the Bank. During his tenure, HSBC has delivered record profits and the strongest…
Provident Minerals intends to takeover Sihayo Gold Limited
SYDNEY, AUSTRALIA: Provident Aurum Pte. Ltd., a subsidiary of Provident Minerals, intends to make an off-market takeover bid to acquire all shares of Sihayo Gold Limited (ASX: SIH). The offer comes after Provident Minerals’ long-standing support for Sihayo since 2013, including equity capital participation and a US$3.9 million unsecured loan. Currently, Provident Aurum holds a…
The State of the Auto Market in April 2024: A Comprehensive Analysis
The automotive industry is experiencing a dynamic shift as S&P Global Mobility forecasts that new light vehicle sales will reach 1.34 million units in April 2024. Despite appearing to be a decrease from previous months—7% down from March and 2% down from the previous year—this figure is adjusted for two fewer selling days in March…
Ivy Fertility acquires Dallas IVF
Ivy Fertility has announced the acquisition of Dallas IVF, a top-tier fertility clinic renowned for its exceptional patient care in the Dallas-Fort Worth area. Dallas IVF, celebrated for its innovative approach to reproductive technology and in-vitro fertilization (IVF), has been instrumental in assisting over 13,000 babies to be born since its inception in 1997. The…
Todd Clegg appointed CEO of Carestream
Carestream, a global leader in the provision of medical imaging systems and non-destructive testing solutions, announced that Todd Clegg has been appointed CEO and nominated to the Board of Directors, effective immediately. Todd Clegg joined Carestream last October and has been the company’s interim CEO since December 1st. “I am excited to continue in my…
SYME €135m Inventory Monetisation Programme with SFE and Italian Neo Banking Group
LONDON: In a significant move to enhance cash flow for manufacturing and trading companies, SYME, a leading fintech business, has proudly announced the initiation of a €135 million Inventory Monetisation (IM) Securitisation Programme. This strategic agreement involves Société Financière Européenne S.A. (SFE) and a prominent Italian neo banking group. The programme is set to unfold…
Using Technical Analysis in Index Trading: Identifying Entry and Exit Points
In the world of finance, index trading holds a significant place, offering investors exposure to broad market trends and diversification benefits. However, navigating the complexities of the market requires more than just intuition; it demands a strategic approach backed by thorough analysis. This is where technical analysis steps in, providing traders with valuable insights to…
Skechers opens its first store in Brussels
Brussels, Belgium: Skechers, The Comfort Technology Company, has announced the grand opening of its first concept store located on Rue Neuve, Brussels’ premier shopping avenue. This strategic expansion complements the brand’s existing store on Antwerp’s Meir and the upcoming Bruges location, slated for a mid-May launch. Maurice van Berkel, general manager of Skechers USA Benelux…
MiLaboratories and Miltenyi Biotec forge strategic alliance to transform next-generation therapies
MiLaboratories, renowned for its RNA immune technologies, has joined forces with Miltenyi Biotec, a trailblazer in the biotech industry, to usher in a new era of next-generation therapeutic solutions. This strategic partnership is set to merge MiLaboratories’ state-of-the-art RNA kit technology for immune sequencing with Miltenyi Biotec’s extensive production and commercialization expertise. Under the terms…
Imerys enters talks to acquire Chemviron’s European business
PARIS, FRANCE: Imerys has entered into exclusive negotiations with Chemviron, a subsidiary of Calgon Carbon Corporation, to acquire its European diatomite and perlite business. Through this acquisition, Imerys would extend and complement its European footprint in diatomite and perlite and broaden its Filtration and Life Sciences product portfolio, to better serve its customers in the…