SYDNEY, AUSTRALIA: Auswide Bank Limited has entered into a binding agreement to merge with MyState in a transaction that, if implemented, will combine two high-quality banks and materially increase scale with the potential for shareholder value creation. The proposed merger aims to strategically consolidate two high-quality, complementary banks, creating a trusted national organization. This merger will significantly…
Multiways International launches Daria BOND Smartphone in UAE market
DUBAI: Multiways International has announced the launch of the revolutionary Daria BOND Smartphone in the UAE market. Designed by Multi Ways International, the Daria BOND smartphone ushers in a new era of innovation, blending cutting-edge technology with a unique community-based monetization ecosystem that rewards users for their contributions. Halil Chaglar , CEO, Multi Ways International,…
Nex Metals Explorations appoints Maki Petkovski as Chief Executive Officer
SYDNEY: Nex Metals Explorations (ASX:NME) announce the appointment of Mr. Maki Petkovski as the Chief Executive Officer of the Company, effective as of 15 August 2024. Mr Petkovski commented;“It is an honour to have the support of the board in assuming the role of CEO with Nex Metals Explorations. I look forward to delivering the…
Vintage Energy signs agreement to takeover Galilee Energy
SYDNEY: Vintage Energy Ltd (ASX: VEN) and Galilee Energy Limited (ASX: GLL) have entered into a binding Heads of Agreement (HoA) under which Vintage will acquire all of the fully paid ordinary shares in Galilee by way of a scheme of arrangement. The proposal will create a merged group better resourced to generate value from…
Sure Valley Ventures invests in PHINXT Robotics and Vortex IQ
LONDON: Sure Valley Ventures (SVV) has committed to two new investments through the Sure Valley Ventures UK Software Technology Fund (SVV2), benefiting PHINXT Robotics and Vortex IQ Limited, both of which have ties to Mindflair Plc. PHINXT Robotics, an innovative AI-led robotics software company founded in 2022, is redefining warehouse automation. Their cloud-based platform simplifies…
Judges Scientific acquired Magsputter Limited, holding company of Teer Coatings
LONDON: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, has acquired 100% of the issued share capital of Magsputter Limited, the holding company of Teer Coatings Limited. Teer is a company specialising in manufacturing coating instruments and providing coating services. The Board expects the acquisition to be immediately earnings…
Mpac Group has acquired SIGA Vision Ltd
LONDON: Mpac Group plc, a global leader in high-speed packaging and automation solutions, has acquired the trade and certain assets of SIGA Vision Ltd, a UK-based provider of machine vision solutions to the food, beverage and healthcare markets. SIGA, founded in 2007, is a leading designer of automated visual inspection systems, providing customers with solutions for…
Tungsten West appoints Jeffery Court as Chief Executive Officer
LONDON: Tungsten West (LON:TUN) announced the appointment of Mr Jeffery Court as Chief Executive Officer (“CEO”) of the Company. The appointment is intended to be effective no later than 1 November 2024. David Cather, Chairman of Tungsten West, said: “On behalf of the Board, I am delighted to welcome Jeff as the CEO of Tungsten…
Capital Limited sold Predictive Discovery Limited to Perseus Mining for A$47.3 million
LONDON: Capital Limited (LSE: CAPD), a leading mining services company, announced the sale of its entire shareholding in Predictive Discovery Limited to Perseus Mining Limited for total cash consideration of A$47.3 million (US$31.2 million) today. The agreement with Perseus includes a profit share arrangement whereby Capital and Perseus have agreed to share (on a 50/50 basis)…
Ferguson Enterprises acquired Gerster Equipment Co. and United Water Works
Ferguson Enterprises Inc. (NYSE: FERG) has acquired Gerster Equipment Co. and United Water Works Inc. The company closed on ten acquisitions last fiscal year, which ended July 31, 2024. Headquartered in Buffalo, NY, with a second location in Syracuse, NY, Gerster Equipment is a distributor of Trane and Mitsubishi HVAC brands. This acquisition allows Ferguson…
Keywords Studios has acquired Wushu Studios Limited
LONDON: Keywords Studios has announce the acquisition of Wushu Studios Limited, a leading game development studio headquartered in Liverpool, United Kingdom. Wushu was founded in 2017, initially as an original IP studio, before transitioning to a work-for-hire model, providing a range of services to high-profile publishers and developers on co-development and full development projects as…
Vinyl Group acquires Mediaweek for $1 million
Melbourne, Australia: Vinyl Group (ASX: VNL), Australia’s only ASX-listed music company, has executed a binding Heads of Agreement to acquire Mediaweek from Chattr Pty Ltd. Mediaweek is a leading media trade publication in Australia in both readership and industry respect. The company was founded in 1990 and has a monthly average readership of 300,000 unique…