LONDON, UK: First Class Metals PLC, the UK-listed exploration company, has initiated discussions with asset management firm Seventy Ninth Resources Limited for the potential sale of select properties in northern Ontario, Canada. The negotiations, which involve both core and non-core assets, underscore the effectiveness of First Class Metals’ strategy to enhance and monetize its holdings….
Helix Exploration commences trading on AIM market of London Stock Exchange
LONDON: Helix Exploration, a US-based helium exploration firm, has commenced trading on the AIM market of the London Stock Exchange under the ticker HEX. The company’s shares opened at 8.00 a.m. with an ISIN of GB00BPK66X70, following an oversubscribed placing that raised £7.5 million from a demand book exceeding £22 million. The initial market capitalisation…
RBC appoints Katherine Gibson as interim Chief Financial Officer
TORONTO: Royal Bank of Canada (TSX:RY) and (NYSE: RY) announced the appointment of Katherine Gibson as Interim Chief Financial Officer (CFO). She succeeds Nadine Ahn whose employment was terminated by RBC earlier today, effective immediately. RBC was recently made aware of allegations involving Ms. Ahn and immediately launched an internal review and engaged outside legal…
HSBC agrees to sell its business in Argentina to Grupo Financiero Galicia for $550m
LONDON: HSBC Latin America B.V., a wholly owned subsidiary of HSBC Holdings plc, has entered into a binding agreement to sell its business in Argentina to Grupo Financiero Galicia, the largest private financial group in Argentina. Noel Quinn, Group Chief Executive, said: “We are pleased to agree the sale of HSBC Argentina. This transaction is…
Carnell Group has acquired Route One Holdings for £5.0 million
LONDON, UK: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that its wholly owned subsidiary, Carnell Group Holdings Ltd, has acquired Route One Holdings (Wakefield) Ltd for an Enterprise Value of £5.0 million. Based in West Yorkshire, Route One is a multi-disciplinary specialist engineering…
STG Partners agrees to acquire Gresham Technologies £146.7 million
LONDON, UK: Alliance Bidco Ltd, a company indirectly owned by STG Partners has agreed on the terms and conditions of a recommended cash offer to acquire Gresham Technologies plc. Under the terms, each Gresham Technologies shareholder will be entitled to receive 163 pence in cash per share. In addition, prior to the effective date the…
White Cap acquires Crimson Steel
ATLANTA: White Cap, a prominent supplier of construction materials, has acquired Oklahoma-based Crimson Steel Supply, LLC, enhancing its rebar and structural steel offerings. Crimson Steel, known for its engineered steel products, joins White Cap’s brand portfolio, promising to leverage its expertise to bolster service quality. The acquisition, advised by D.A. Davidson & Co., marks a…
Windtree Therapeutics acquires Varian Biopharmaceuticals’ assets
Windtree Therapeutics, Inc. (NasdaqCM: WINT) has announced the acquisition of a novel oncology asset platform from Varian Biopharmaceuticals, Inc., including an atypical protein kinase C iota inhibitor (aPKCi), and the completion of a $1.5 million convertible note bridge financing. The transaction, which took place on April 2, 2024, involved the issuance of 5,500 shares of…
Angi Inc appoints Jeff Kip as new CEO
DENVER:Home services giant Angi Inc. (NASDAQ: ANGI) announced today the promotion of Jeff Kip to the position of Chief Executive Officer. Jeff Kip, who has been with Angi and its parent company IAC in various executive roles, steps into the CEO role effective immediately, taking over from Joey Levin. Levin will maintain his involvement with…
Stratasys appoints Amir Kleiner as new Chief Operating Officer
Stratasys Ltd. (NASDAQ: SSYS), a frontrunner in 3D printing and additive manufacturing solutions, has announced the elevation of Amir Kleiner to the role of Chief Operating Officer. Amir Kleiner, a seasoned member of the Stratasys family with 12 years of dedicated service, is set to oversee the company’s Global Operations, MIS, and Quality teams. His…
QuoteMedia reports 8% revenue growth in 2023
PHOENIX: QuoteMedia, Inc. (OTCQB: QMCI), a prominent provider of financial data and applications, has released its financial outcomes for the fiscal year concluding on December 31, 2023. The company, known for supplying cost-effective and superior stock market data, has reported an 8% increase in annual revenue, reaching $18.9 million, up from $17.5 million the previous…
Core & Main to acquire HDPE products company GSC
Core & Main Inc. (NYSE: CNM) has entered into a definitive agreement to acquire substantially all of the assets of Geothermal Supply Company Inc. (GSC). GSC is a leading distributor and fabricator of high-density polyethylene (HDPE) pipe and other related products, primarily serving the geothermal, water and sewer industries from a single location in Kentucky. “Adding…