OSLO: Norwegian Block Exchange (NBX) has entered into an agreement to be the European issuer of a US dollar stablecoin in collaboration with Mehen Finance LLC. Mehen Finance LLC owns the rights to the stablecoin USDM and carries out issuance and redemption in the USA, while NBX will perform corresponding operations for the European part…
BATM to deliver Edgility to Totalplay in Mexico
LONDON: BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, has signed a three-year agreement to provide its Edgility edge virtualisation platform and accompanying hardware to Totalplay, a Tier 1 telecommunications company in Mexico that offers internet access, pay television and telephony services through one of…
Anglesey Mining plc appoints Rob Marsden as Chief Executive Officer
LONDON, UK: Anglesey Mining plc (AIM:AYM), 100% owner of the Parys Mountain Cu-Zn-Pb-Ag-Au VMS deposit in Anglesey, North Wales, announced the appointment of Robert Marsden to the Board as Chief Executive Officer with effect from 1st May 2024. Rob Marsden is a Mining Engineer with 29 years of international experience. Upon graduation from the Camborne…
Great Western Mining acquires Olympic Gold Project in Nevada
LONDON: The UK-based Great Western Mining Corporation (GWMC) has finalized the acquisition of the Olympic Gold Project in Mineral County, Nevada, from Nevada Select Royalty Inc., a subsidiary of Gold Royalty Corp. The deal, valued at $150,000, grants GWMC ownership of 48 claims over 825 acres, including the historic OMCO gold mine, and an additional…
Charlestown Energy Partners to invest in Challenger Energy
LONDON, UK: Challenger Energy (AIM: CEG), the Atlantic margin focused energy company, has entered into a legally binding term sheet for an investment by Charlestown Energy Partners LLC. Charlestown will invest £1.5m in the Company, initially in the form of a loan, which upon closing of the AREA OFF-1 farm-out to Chevron and subject to…
Concord Chorus Limited offers to acquire Hipgnosis Songs Fund for $1.4 billion
LONDON, UK: Concord Chorus Limited and the board of Hipgnosis Songs Fund have announced a definitive agreement for a recommended all-cash acquisition. The transaction will see Concord Chorus acquire the entire issued and to be issued share capital of Hipgnosis. The acquisition, valued at approximately US$1.402 billion, is set to be executed through a Court-sanctioned…
Apax Funds to acquire Zellis Group
LONDON, UK: Apax Global Alpha (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €36m in Zellis Group on a look-through basis. On 15 April 2024, the Apax XI Fund (Apax XI), in which AGA is a limited partner, announced that it had…
Montrose Environmental Group announces public offering of common stock
Montrose Environmental Group, Inc., a leading environmental services company, has announced the pricing of its public offering of 3 million shares of common stock. Priced at $37.15 per share, the offering is set to raise substantial funds for the company’s ambitious expansion plans. The underwriters have been granted an option to purchase up to an…
EBR appoints Erik Strandberg as Chief Commercial Officer
SYDNEY: EBR Systems, Inc. (ASX: “EBR”), developer of the world’s only wireless cardiac pacing device for heart failure, announced the appointment of Mr. Erik Strandberg as Chief Commercial Officer (“CCO”) of the Company, effective as of 29 April 2024. Mr. Strandberg will lead the Company’s US commercialization strategy and will immediately focus on preparing the…
Amerant Bancorp sells Houston banking operations to MidFirst Bank
Amerant Bancorp Inc. (NYSE: AMTB), the parent company of Amerant Bank, has entered into a definitive agreement with MidFirst Bank for the sale of its Houston-based banking operations. The deal, which encompasses six branches within the Houston metropolitan area, involves the transfer of approximately $576 million in customer deposits and $529 million in loan portfolios….
The Comprehensive Guide to Acquiring Used Shipping Containers
Welcome to the comprehensive guide to acquiring pre-owned shipping containers, the robust and versatile giants of storage and transport. Once the backbone of global trade, these steel containers are now being embraced for their potential in a myriad of innovative applications. From constructing eco-friendly homes to establishing pop-up shops and offices, the repurposing of shipping…
MSCI Inc. completes acquisition of Foxberry
MSCI Inc. (NYSE: MSCI), one of the leading companies in the world in the investment sector that develops services and tools to support critical decision-making processes, has completed the acquisition of Foxberry, a London-based company that develops “front office” index technology for investors. “This acquisition marks the opening of new pathways to index innovation and…