SYDNEY, AUSTRALIA: Sovereign Cloud Holdings Limited (AUCloud) is set to acquire three businesses, aiming for product and revenue diversification and a profitability path by FY25. The acquisitions are part of a strategic review to enhance capabilities in cybersecurity and cloud solutions. The combined entity, MergeCo, is expected to generate an Underlying EBITDA of approximately $4.7…
Pfizer announces major share sale in Haleon plc alongside a strategic share buyback
LONDON, UK: Pfizer Inc. has declared its intention to offload a substantial portion of its shares in Haleon plc. The transaction involves approximately 630 million ordinary shares, including those represented by American Depositary Shares (ADSs), through a dual public offering in the United States and an international offering to qualified investors. The pricing for this…
Tirupati advances in high-purity graphite production amidst global demand
LONDON, UK: Tirupati Graphite plc, a key player in the flake graphite market, has announced substantial progress in the production and qualification of high-purity jumbo flake graphite from its Madagascar operations. This announcement follows the company’s previous operational update on April 4, 2023. Shishir Poddar, Executive Chairman, said: “Today’s announcement is validation of the Company’s…
Capral acquires Victorian based Aluminium Trade Centre
SYDNEY, AUSTRALIA: Capral today announced the acquisition of Aluminium Trade Centre (ATC), a Victorian-based aluminium sales and distribution business, subject to completion conditions. Although relatively small with sales of around $10 million, this move strengthens Capral’s market presence and enhances its ability to deliver market-leading service to manufacturers within Victoria, ensuring their needs are met…
British Land and Royal London Asset Management forge £385m joint venture for science hub
LONDON, UK: British Land and Royal London Asset Management Property have announced the creation of a 50:50 joint venture, set to transform 1 Triton Square into a premier science and innovation hub at Regent’s Place. The partnership, valuing the property at £385 million, aims to expedite the development of this cutting-edge facility. The joint venture…
Recyclus to recycle lithium-ion batteries from e-bike and e-scooter operator Beryl
LONDON: Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announced that its 48.35% owned battery recycling business, Recyclus Group, has signed an agreement with UK-based shared sustainable transport operator, Beryl, to recycle waste lithium-ion (“Li-ion”) batteries from its fleet of e-bikes and e-scooters….
Chariot Limited announces strategic review of its Transitional Power Division
LONDON: Chariot Limited (AIM: CHAR), a company at the forefront of Africa’s transitional energy sector, has declared the commencement of a strategic review for its Transitional Power division. This division is dedicated to delivering sustainable power and water solutions across Africa, with a particular emphasis on renewable energy projects and electricity trading. Since its inception…
Playstack’s Balatro: A Million Milestone in Gaming
Playstack is the esteemed UK games publisher and proud member of the TruFin family. Their latest gaming sensation, Balatro, has shattered records, achieving a staggering one million unit sales shortly after its release, marking it as the company’s quickest selling game ever. Released across multiple platforms including PC, PlayStation 5, PlayStation 4, Xbox Series X|S,…
Witan Investment Trust CEO, Andrew Bell, to retire
LONDON: Witan Investment Trust plc has announced that its CEO, Andrew Bell, plans to retire within the next year. In light of this, the Board is seizing the chance to reassess the trust’s investment management strategy and is open to receiving new proposals for managing its portfolio. Chairman Andrew Ross reflects on Witan’s strategic evolution…
Metals Exploration appoints Nick von Schirnding as Chairman of the company
LONDON, UK: Metals Exploration plc (AIM: MTL), a gold producer in the Philippines, announced the appointment of Nick von Schirnding as Chairman of the Company with immediate effect. Steven Smith, the Company’s current Interim Chairman, will remain on the Board and resume his role as a Non-Executive Director. Mr von Schirnding, has over thirty years’…
Oakley Capital agrees to acquire Horizons Optical
LONDON, UK: Oakley Capital Origin Fund I has agreed to acquire Horizons Optical, a provider of medical software used to make premium spectacle lenses. Oakley Capital Origin Fund is acquiring a majority stake in the business alongside CEO Santiago Soler, who will retain a significant share in the business and will continue to lead Horizons….
Supernova Digital Assets has acquired Hyperslot in a share exchange deal
LONDON, UK: Supernova Digital Assets (AQSE: SOL), a company specialising in the Solana ecosystem, has acquired the entire issued share capital of Hyperslot PTE Limited for a total consideration of £225,000, which is to be satisfied with the issue of 150,000,000 new Supernova Shares of £0.001 each in the company at an issue price of…