SYDNEY , AUSTRALIA: McGrath Limited (ASX: MEA) has announced a Scheme Implementation Deed with a consortium comprising Knight Frank and Bayleys. The agreement will see the consortium acquire all shares of McGrath through a scheme of arrangement. Shareholders of McGrath Limited are presented with a lucrative offer to receive $0.60 in cash for each share…
Brightstar Resources to acquire Linden Gold Alliance in a $23.7m takeover
SYDNEY, AUSTRALIA: Brightstar Resources Limited has announced its intention to acquire Linden Gold Alliance Limite through an off-market scrip takeover offer that has been unanimously recommended by Linden’s Directors. Linden, a gold production company with a strong foundation in development and exploration, boasts mineral resources of approximately 350,000 ounces at 2.1 grams per tonne of…
Future Battery Minerals acquires Coolgardie Nickel, a subsidiary of Corazon Mining
SYDNEY, AUSTRALIA: Future Battery Minerals Ltd (FBM) has announced the acquisition of an 85% stake in Coolgardie Nickel Pty Ltd, a subsidiary of Corazon Mining Limited. This acquisition includes the promising Miriam Project, known for its high-grade spodumene-bearing pegmatites. FBM’s Managing Director, Nicholas Rathjen, expressed confidence in the acquisition, stating, “The Miriam Project is a…
ALS Limited secures full ownership of Nuvisan Pharma
SYDNEY, AUSTRALIA: ALS Limited (ASX: ALQ) has announced the acquisition of the remaining 51% stake in Nuvisan Pharma Holding GmbH, a leading European contract research organization (CRO). The acquisition, which includes Nuvisan GmbH and Innovation Campus Berlin (ICB), comes at no additional cost and is set to take effect on March 31, 2024, for financial…
Third Age Health completes acquisition of 70% of Hub Aged Care
AUCKLAND: Third Age Health Services Limited (NZX: TAH) confirmed the completion of due diligence and Board approval for its acquisition of 70% of Hub Aged Care, a Wellington-based primary care practice specialising in aged residential care services. This marks an important step in our efforts to expand our elder care offerings in the Lower North…
Exploring the ASUS ROG NUC: A Compact Powerhouse for the Niche Gamer
The gaming community is abuzz with the latest entrant in the compact PC space – the ASUS ROG NUC. This device represents a unique collaboration between two tech giants: Intel and ASUS. The Republic of Gamers (ROG) brand is synonymous with cutting-edge gaming hardware, and the “NUC” acronym, standing for “Next Unit of Computing,” heralds…
Stability AI founder and CEO Emad Mostaque has resigned
Stability AI’s founder and CEO, Emad Mostaque, has resigned from his position, following the departure of key researchers. This development raises questions about the future direction of the company and the broader implications for the AI industry. Mostaque’s exit comes at a critical juncture for Stability AI, which has been at the forefront of the…
Airiam signs alliance with White Knight Labs to tap corporate cybersecurity market
Airiam, a leader in cybersecurity and resilience solutions, announced its strategic alliance with White Knight Labs to provide businesses with comprehensive and scalable cybersecurity solutions, aimed at addressing the escalating threat landscape. White Knight Labs, a cybersecurity consultancy based in Pennsylvania, specializes in security assessments and offensive cyber engagements. Their team of skilled engineers collaborates…
Ibotta, backed by Walmart, announces U.S. IPO plans
Digital marketing firm, Ibotta, supported by retail giant Walmart (WMT.N), has officially filed for an initial public offering (IPO) in the United States. The announcement came through a recent filing, which revealed the company’s intention to go public on Friday. The Denver-based firm boasts an impressive client roster, including industry heavyweights such as PepsiCo, Nestle…
Reddit’s IPO surges, signals renewed investor confidence in tech
The debut that may herald a resurgence of investor confidence in high-potential yet unprofitable tech firms, Reddit’s shares soared by 48% on their inaugural trading day in New York. Despite its consistent lack of profitability since its inception in 2005, Reddit has captivated investors’ imaginations by showcasing its platform as a fertile testing ground for…
Empower Your Trading Strategy with TradingView: A Professional’s Guide
In the dynamic world of financial markets, having a reliable and sophisticated analysis platform is paramount for any serious trader or investor. TradingView stands at the forefront of this domain, offering a suite of tools that are indispensable for market participants seeking to enhance their decision-making process. I will guide you through the strategic advantages…
TRIG sells UK onshore wind farms for £51 million
LONDON: TRIG, a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems (RES) as Operations Manager, has sold two UK onshore wind farms. TRIG announced the sale of its 100% equity interests in Forss and Little Raith onshore wind farms in the UK for a total consideration of £51…