LONDON, UK: Helix Exploration, a company renowned for its focus on large-scale and low-risk helium deposits, has proudly announced a strategic partnership with Petroleum Consultants, LLC. This collaboration is set to advance Helix’s operations within the prolific ‘Montana Helium Fairway’. The expertise of Petroleum Consultants’ management team is unparalleled, boasting three Professionally Licensed Petroleum Engineers…
Air Astana Group and Neos SpA forge strategic airline alliance
LONDON, UK: Air Astana Group, the premier airline conglomerate in Central Asia and the Caucasus, has announced a strategic partnership with Neos SpA, Italy’s second-largest carrier and a member of the Alpitour group. This collaboration is set to enhance connectivity and service between the two regions, marking a significant step in international travel and cooperation….
Balanced Commercial Property Trust evaluates sale of the business
LONDON, UK: The Balanced Commercial Property Trust Limited (BCPT) has announced a comprehensive strategic review to evaluate the company’s future and maximize shareholder value. Amidst a challenging economic climate and property market, the BCPT Board is considering various options, including a potential sale, although no discussions with buyers are currently underway. Paul Marcuse, Chairman of…
Respiratory disease diagnostics ProAxsis secures c.£1.8 million investment
LONDON: NetScientific Plc (AIM: NSCI) announced that its portfolio company ProAxsis Limited has successfully closed a c.£1.8 million investment. The investment was led by the Company’s wholly owned venture capital and corporate finance firm, EMV Capital, syndicated from a cohort of private investors. The Investment includes c.£211,000 from new investors, c.£36,000 from the exercise of…
CLS announces sale of Westminster Tower for £40.8 million
LONDON: CLS Holdings announced that it has conditionally exchanged on the sale of Westminster Tower, Albert Embankment, for £40.8 million, in-line with its 31 December 2023 valuation. Completion is expected in Q2 2024. The asset was sold to the London Square Group, which intends to convert the property from an office space into residential. The…
Inchcape to sell UK Retail operations to Group 1 Automotive UK for £346 million
LONDON, UK: Inchcape Plc has agreed to sell its UK Retail operations to Group 1 Automotive UK Limited, a wholly-owned subsidiary of Group 1 Automotive Inc. (NYSE: GPI) for a cash consideration of approximately £346 million. In FY2023, Inchcape’s UK Retail operations generated revenue of £2,065m, 18% of Group revenue, and adjusted operating profit of…
Glanbia signs deal to acquire Flavor Producers LLC for upto $355 million
LONDON, UK: Glanbia plc has entered into an agreement with the shareholders of Aroma Holding Company, LLC and related entities, the owners of Flavor Producers LLC to acquire the business for an initial consideration of $300 million plus deferred consideration. Flavor Producers is a leading flavour platform in the US, providing flavours and extracts to…
HgT will invest approximately £21.3 million in Focus Group
BRIGHTON & HOVE, UK: Hg, the Manager of HgCapital Trust plc (HgT), announced an investment in Focus Group, one of the UK’s leading providers of essential business technology to SMEs. HgT will invest approximately £21.3 million in Focus Group, with other institutional clients of Hg investing alongside HgT through the Hg Genesis 10 Fund. Founded…
LPE terminates employment of CEO Damien Glanville
SYDNEY: The Board of Embedded electricity provider, Locality Planning Energy Holdings Limited (ASX: LPE), has resolved to terminate the employment of its Chief Executive Officer, Mr. Damien Glanville, with immediate effect due to his failure to comply with LPE’s Security Trading Policy. The Board, led by our Executive Chairman, Mr. David Jarjoura, will continue to…
Tigers Realm Coal sells Russian assets for $49 million
SYDNEY, AUSTRALIA: Tigers Realm Coal Limited (ASX:TIG), commonly known as TIG, has officially announced the sale of its Russian holdings in a comprehensive share purchase agreement. The deal, valued at a substantial US$49 million, sees the transfer of all issued shares in its Russian subsidiaries to Limited Liability Company APM-Invest. The transaction encompasses the entirety…
Kin Mining NL and PNX Metals have announced a merger
SYDNEY, AUSTRALIA: Kin Mining NL and PNX Metals Limited have announced a merger that promises to reshape the junior resource landscape on the ASX. In a joint statement released today, Kin Mining NL (ASX: KIN) and PNX Metals Limited (ASX: PNX) declared they have signed a binding scheme implementation deed. This agreement sets the stage…
Maximizing Efficiency: Top CRM Sales Features to Look for in 2024
In the fast-paced world of sales, the ability to quickly adapt and respond to customer needs is paramount. Customer Relationship Management (CRM) Sales Features stand at the forefront of this adaptive capability, offering a suite of tools designed to streamline sales operations and fortify customer relationships. At its core, CRM Sales is more than just…