UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, t plans to construct a new Advanced Automotive and Battery Testing Center in Pyeongtaek, Gyeonggi-do, Korea, expanding current UL Solutions battery testing capacity in the region and adding electric vehicle (EV) charger testing and other capabilities. “The global transition to sustainable energy has…
Heater Specialists LLC has acquired fabrication business of ParFab Industries in Oklahoma
TULSA: Heater Specialists LLC (“HSI”), a fully integrated single-source manufacturer of refinery and petrochemical equipment, has acquired the fabrication business of ParFab Industries in Inola, Oklahoma. ParFab Industries is a wholly owned subsidiary of the ParFab group of companies. HSI is a wholly owned subsidiary of Energy Process Technologies, Inc. (EPTI). ParFab Industries’ fabrication business…
Payroc WorldAccess to acquire i3 Verticals’ payments business for $440 million
NASHVILLE: Payroc WorldAccess LLC, a leading omni-channel payments provider, has entered into a definitive agreement to acquire i3 Verticals Inc’s (NASDAQ: IIIV) merchant of record payments business, including its associated proprietary technology, in an all-cash transaction for $440 million, subject to certain purchase price adjustments. Greg Daily, Chairman and CEO of i3 Verticals stated, “i3…
TotalEnergies acquires an offshore exploration license
PARIS: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is…
PI Industries offers to acquire Plant Health Care plc for £32.8 million in cash
PI Industries Ltd. has reached agreement on the terms of a recommended cash offer to acquire entire issued and to be issued share capital of Plant Health Care plc (PHC) at the rate of 9.0 pence in cash per share
Flagship Housing and Bromford Housing groups enter business combination talks
LONDON: Flagship Housing Group Limited and Bromford Housing Group Limited have agreed to enter into discussions with a view to forming a business combination. They aim to come together creating a new organisation that will trade as Bromford Flagship. It is currently proposed that they will use Bromford as the Group parent renamed as Bromford…
Star Entertainment Group appoints Steve McCann as Group CEO and MD
SYDNEY: The Star Entertainment Group Limited (ASX: SGR) announced the appointment of Mr Steve McCann as its Group Chief Executive Officer and Managing Director (Group CEO and MD). Mr McCann will join The Star on 8 July 2024, noting that commencement of his duties and responsibilities as Group CEO and MD are subject to receipt…
Otovo launches partnership with German automobile club ADAC
BERLIN: Otovo, Europe’s leading marketplace for residential solar and battery installations, today announced the launch of a marketing partnership with Germany’s largest automobile club, ADAC. ADAC’s 20 million members outnumber any other automobile association in Europe. In addition to offering roadside assistance, maintenance and repair services, German homeowners can buy solar energy solutions through ADAC’s…
Intercede signs digital identity cybersecurity solutions partnership with Carahsoft Technology
LONDON: Intercede, the leading cybersecurity software company specialising in digital identities, today announced a partnership with Carahsoft Technology Corp to Make Digital Identity Cybersecurity Solutions available to the Public Sector in the US. Under the agreement, Carahsoft will serve as Intercede’s Master Government Aggregator®, making Intercede’s products available to the Public Sector through Carahsoft’s reseller…
Tribe Technology raises £1.41 million through a combination of fundraising activities
LONDON: Tribe Technology PLC (AIM: TRYB), a disruptive developer and manufacturer of autonomous mining equipment, has conditionally raised approximately £1.41 million through a combination of fundraising activities. These include a Placing of 14,216,652 new ordinary shares (Placing Shares) at an issue price of 4.50 pence per share, raising approximately £0.64 million. Additionally, the company issued…
EDX Medical Group signs exclusive distribution agreement with Curesponse Ltd
CAMBRIDGE, UK: EDX Medical Group plc, which develops innovative digital diagnostic products and services supporting personalised treatments for cancer, heart disease and infectious diseases, has signed an exclusive distribution agreement with Curesponse Ltd, to market the cResponse™ cancer assay in the UK, Sweden, Finland, Norway and Denmark. cResponse™ is a groundbreaking platform that biologically assesses…
Alliance Trust and Witan Investment Trust to merge and create Alliance Witan PLC
LONDON, UK: The boards of Alliance Trust PLC and Witan Investment Trust plc announced that the companies have entered into heads of terms for a combination of the two companies to create Alliance Witan PLC. This follows a comprehensive strategic review by the board of Witan of its investment management arrangements. The combination will build…