ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), has appointed Jake Farrell to the ServisFirst Bank Memphis team as Chairman of Tennessee working alongside Joel E. Smith, Market President of ServisFirst Bank Memphis, and Bradford Vieira, Regional President and CEO of ServisFirst Bank Tennessee. Jake Farrell joins ServisFirst Bank as Chairman of Tennessee and will…
CEI acquires Fourth Dimension Technologies
CEI, a renowned provider of technology strategy, solutions, and services, has announced the acquisition of Fourth Dimension Technologies, a seasoned IT Solutions and Managed Service Provider with a global presence and 35 years of industry experience. “We are thrilled to welcome the Fourth Dimension team to the CEI family,” said D. Raja, CEO of CEI….
Outrun Therapeutics launches with a $10m seed financing
Outrun Therapeutics, a pioneering force in E3 ligase inhibition and protein stabilization, has announced its emergence from stealth mode, bolstered by a substantial $10 million seed financing round. The company’s innovative platform has swiftly generated a robust pipeline of highly selective, small molecule, first-in-class E3 ligase inhibitors, alongside the discovery of novel E3 ligase targets…
OLX Group appoints Christian Gisy as new CEO
AMSTERDAM: OLX Group has announced the appointment of Christian Gisy as its new Chief Executive Officer. Gisy, a seasoned executive with a wealth of experience in the digital marketplace and e-commerce industry, will take the helm to drive the company’s strategic expansion in Europe and South Africa. OLX Group, headquartered in Amsterdam, is recognized as…
BP announces major organizational restructure to enhance growth and efficiency
LONDON: BP has announced a major overhaul of its organizational structure. The energy giant is set to simplify its framework to better support the strategic goals it established in February 2024, aimed at increasing the company’s value. The restructuring will see BP maintain its three core businesses: Production & Operations, Gas & Low Carbon Energy,…
Norwegian Block Exchange and Mehen Finance LLC to launch US dollar stablecoin
OSLO: Norwegian Block Exchange (NBX) has entered into an agreement to be the European issuer of a US dollar stablecoin in collaboration with Mehen Finance LLC. Mehen Finance LLC owns the rights to the stablecoin USDM and carries out issuance and redemption in the USA, while NBX will perform corresponding operations for the European part…
BATM to deliver Edgility to Totalplay in Mexico
LONDON: BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, has signed a three-year agreement to provide its Edgility edge virtualisation platform and accompanying hardware to Totalplay, a Tier 1 telecommunications company in Mexico that offers internet access, pay television and telephony services through one of…
Anglesey Mining plc appoints Rob Marsden as Chief Executive Officer
LONDON, UK: Anglesey Mining plc (AIM:AYM), 100% owner of the Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in Anglesey, North Wales, announced the appointment of Robert Marsden to the Board as Chief Executive Officer with effect from 1st May 2024. Rob Marsden is a Mining Engineer with 29 years of international experience. Upon graduation from the Camborne…
Great Western Mining acquires Olympic Gold Project in Nevada
LONDON: The UK-based Great Western Mining Corporation (GWMC) has finalized the acquisition of the Olympic Gold Project in Mineral County, Nevada, from Nevada Select Royalty Inc., a subsidiary of Gold Royalty Corp. The deal, valued at $150,000, grants GWMC ownership of 48 claims over 825 acres, including the historic OMCO gold mine, and an additional…
Charlestown Energy Partners to invest in Challenger Energy
LONDON, UK: Challenger Energy (AIM: CEG), the Atlantic margin focused energy company, has entered into a legally binding term sheet for an investment by Charlestown Energy Partners LLC. Charlestown will invest £1.5m in the Company, initially in the form of a loan, which upon closing of the AREA OFF-1 farm-out to Chevron and subject to…
Concord Chorus Limited offers to acquire Hipgnosis Songs Fund for $1.4 billion
LONDON, UK: Concord Chorus Limited and the board of Hipgnosis Songs Fund have announced a definitive agreement for a recommended all-cash acquisition. The transaction will see Concord Chorus acquire the entire issued and to be issued share capital of Hipgnosis. The acquisition, valued at approximately US$1.402 billion, is set to be executed through a Court-sanctioned…
Apax Funds to acquire Zellis Group
LONDON, UK: Apax Global Alpha (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €36m in Zellis Group on a look-through basis. On 15 April 2024, the Apax XI Fund (Apax XI), in which AGA is a limited partner, announced that it had…