LONDON, UK: Samarkand Group plc (AQSE:SMK), the consumer brand owner and cross border eCommerce distribution services group following its recent trading update, today announced the disposal of its long-established probiotics brand Probio7. “We are announcing the disposal of our probiotic brand Probio7, for a total consideration of £1.3m to be satisfied by initial consideration of…
CPP Group divests legacy business CPP Italia Srl for €0.5 million
LONDON, UK: CPP Group (AIM: CPP), a provider of real-time, digitally delivered assistance products which reduce disruptions to everyday life for millions of people, announced that it has disposed of its legacy operations in Italy through the sale of its wholly owned subsidiary, CPP Italia Srl to IGS EMEA SL for a cash consideration of…
Whitebark divests majority stake in Wizard Lake oil field to Conflux Energy
SYDNEY, AUSTRALIA: Whitebark Energy Limited (ASX:WBE) has announced the sale of a 90% working interest in its Wizard Lake oil field assets in Alberta, Canada, to Conflux Energy Corp. The deal, which was facilitated through a Purchase and Sale Agreement (PSA), will see Whitebark’s subsidiary, Rex Energy Limited, retain a 10% working interest. As part…
Intuit Inc. agrees to acquire mobility risk intelligence provider Zendrive
MOUNTAIN VIEW: Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that it has signed an agreement to acquire leading mobility risk intelligence provider Zendrive. Certain Zendrive employees, including CEO Dennis Ellis and Co-founder and CTO Pankaj Risbood, will join Credit Karma to accelerate…
How Does Automated Switchboards Contribute to Sustainability?
In today’s eco-conscious world, the drive towards sustainability in all sectors is more intense than ever before. This shift is noticeably significant in the electrical industry, where energy efficiency and reduced environmental impact are paramount. Automated switchboards stand at the forefront of this transformation, emerging as key players in the quest for a greener future….
All-electric 2024 Jeep® Wagoneer S –Jeep Brand’s First Global Battery-electric SUV
NEW YORK: The 2024 Jeep® Wagoneer S, the brand’s first global battery-electric vehicle (BEV), which will launch initially in the U.S. and Canada, delivers 4xe capability, impressive performance credentials, a sleek aerodynamic design and state-of-the-art technology; Jeep Wagoneer S delivers exhilarating performance with 600 horsepower, more than 800 Nm of immediate torque for lightning-quick 0-60…
Homerun Resources signs exclusivity agreement to acquire Silica Mineral Rights
VANCOUVER: Homerun Resources Inc. (TSXV: HMR) has signed an exclusivity agreement dated June 10th, 2024, for the acquisition of silica sand mineral rights in the municipality of Taperoá, Bahia, Brazil. The agreement comprises the mining rights 870.335/2022, 871.743/2016, 872.794/2015 and 870.051/2024 before the ANM (National Mining Agency, currently held by a local citizen, directly and…
ECGI Holdings signs deal to acquire Pacific Saddlery
IRVINE: ECGI Holdings Inc. (OTC: ECGI), a diversified holding company with a unique portfolio in viticulture and luxury fashion, announced the signing of a binding Letter of Intent (LOI) to acquire all outstanding shares of Pacific Saddlery, Inc., a renowned manufacturer and retailer of luxury equestrian tack, apparel and accessories. This acquisition, strategically aligned with…
Pelagia acquires all the remaining shares in Blue Ocean Technologies AS
OSLO: Pelagia has now acquired all the remaining shares in Blue Ocean Technologies AS, and is the 100% owner of the company. In February 2024 Pelagia became the majority shareholder in Blue Ocean Technology AS following a share issue in the company. Blue Ocean Technology AS was established in 2012, by entrepreneurs with close ties…
Bridge SaaS appoints Daniel Brewer as Chief Executive Officer
SYDNEY: Bridge SaaS Limited (ASX: BGE) announced the appointment of Mr Daniel Brewer as Chief Executive Officer. Mr Brewer is an accomplished technology executive from Accenture, Lockheed Martin and Leidos with a track record for designing and delivering digital programs for ESG and Transformations in the Health, Government, and the Energy sector, with over 15…
Deterra Royalties agrees to acquire Trident Royalties Plc for £144 million
LONDON: Deterra Global Holdings, a direct wholly owned subsidiary of Deterra Royalties Limited has reached agreement on the terms and conditions of a recommended all-cash offer to acquire Trident Royalties Plc at the rate of 49 pence/share in cash. The proposed transaction will be implemented by way of a court-sanctioned scheme of arrangement. The cash…
Nokia announces changes to its group leadership team
ESPOO, FINLAND: Nokia today announced the appointment of Lorna Gibb as Chief People Officer and member of the Group Leadership Team, effective immediately. In addition, Ricky Corker, who has served as Nokia’s Chief Customer Experience Officer since 2021, will step down and leave the company effective June 28, 2024. Lorna Gibb joined Nokia in 2020…