LONDON, UK: HgCapital Trust plc (HgT), the investment management firm listed on the London Stock Exchange, has announced a strategic investment of approximately £9.7 million in CUBE. This global leader in Automated Regulatory Intelligence and Regulatory Change Management technology is set to partner with Hg through the Hg Mercury 4 Fund, alongside other institutional clients….
Roadside Real Estate sells shares in Cambridge Sleep Sciences to CGV Ventures 1
LONDON: Roadside Real Estate (AIM: ROAD) has exchanged an unconditional share purchase agreement to sell 952 shares in its subsidiary, Cambridge Sleep Sciences, (“CSS”) for £6,302.53 per share to CGV Ventures 1 Ltd.. The total consideration of £6.0 million implies a significant upside to the Company’s retained shareholding in CSS. The consideration would be wholly…
MANTRA completes $11 million funding round to accelerate RWA Tokenization
DUBAI, UAE: MANTRA ($OM), the Layer 1 blockchain for Real World Assets (RWA), has announced the completion of a new funding round. Top venture and technology investor in the MENA region, Shorooq Partners, led the $11M investment round. Additionally, a diverse range of strategic investors such as Three Point Capital, Forte Securities, Virtuzone, Hex Trust,…
Crédit Agricole and Worldline launch joint venture for merchant payment services
PARIS, FRANCE: Crédit Agricole and Worldline have received the green light from the European Commission to establish a joint venture aimed at revolutionizing digital payment services for merchants across France. The partnership is set to position the new entity as a formidable force in the French payment services sector. The inaugural Board meeting, which took…
Bureau Veritas unveils LEAP I 28 strategy; Redefines industry standards with sustainability focus
PARIS: Bureau Veritas, a global leader in Testing, Inspection, and Certification (TIC), has unveiled its ambitious 2028 strategy, aiming to redefine industry standards through customer-centricity and sustainability. The strategy, LEAP I 28, focuses on Portfolio, Performance, and People, with a commitment to CSR. The company targets high single-digit revenue growth, improved operating margins, double-digit shareholder…
Talis Group has acquired Aston institute of computer science and cybersecurity
PARIS: Talis Group has officially acquired Aston, a renowned institution for computer science and cybersecurity training. This acquisition, effective from March 20, 2024, marks a significant expansion for Talis Group, which already educates nearly 8,000 students across various professional programs. Aston, established in 2005, has been at the forefront of providing specialized training in digital…
IQGeo Group reports record growth and operational success in 2023
LONDON, UK: IQGeo Group plc (AIM: IQG), the innovative developer of geospatial productivity and collaboration software for telecoms and utility network operators, has announced its final audited results for the year ended 31 December 2023, marking a year of substantial growth and operational achievements. Operational Achievements: The company has made significant strides across all regions,…
Toys“R”Us ANZ Limited acquires RIOT
SYDNEY: Toys“R”Us ANZ Limited (ASX:TOY) has announced the acquisition of assets from the established arts and crafts retailer RIOT, alongside securing up to $5 million in funding from a US investment fund managed by C/M Capital Partners, LP. This acquisition marks a significant expansion for TOY, enhancing its e-commerce presence and diversifying its product offerings….
IMCD signs agreement to acquire 100% shares of Bretano
ROTTERDAM, THE NETHERLANDS: IMCD N.V. has signed an agreement to acquire 100% of the shares of Bretano Costa Rica, S.A., Bretano El Salvador, S.A de C.V., Bretano Guatemala, S.A., and Grupo Bretano México, S. de R.L. de C.V. (jointly “Bretano”). Established in 1961, Bretano is headquartered in Costa Rica, with commercial and logistics operations in…
Pakistan’s power generation hits a 3.5-year low amid cost fluctuations
Why wind is underutilized in Pakistan for power generation? KARACHI: Pakistan’s power generation has plummeted to its lowest in over three years. February 2024 saw a significant 14% month-on-month (MoM) decrease, with the generation clocking in at just 7,130 gigawatt-hours (GWh). This downturn marks the most substantial dip since mid-2020, underscoring a worrying trend in…
CleanTech Lithium produces lithium chloride eluate from its pilot plant
LONDON: CleanTech Lithium PLC, a lithium exploration and development company, has announced the successful commencement of operations at its pilot plant in Chile. The plant, which is part of the Laguna Verde project, has begun producing lithium chloride eluate through the Direct Lithium Extraction (DLE) process. Key Milestones Achieved: This development marks a significant step…
PYX Resources marks milestone with first ilmenite shipment to China
LONDON: PYX Resources Ltd (NSX: PYX | LSE: PYX), recognized as the world’s third-largest publicly listed zircon producer based on resources, has successfully completed its first shipment of ilmenite. The company announced the export of 1,040 tonnes of ilmenite, which contains 45% titanium dioxide (TiO2), to a client located in Zhanjiang, Guangdong Province, China. This…