LONDON: Mirriad Advertising, a pioneer in in-content advertising and virtual product placement, has announced a strategic partnership with TripleLift Inc., a leader in advanced advertising technology. This collaboration is set to transform the digital advertising landscape by integrating TripleLift’s supply-side platform (SSP) capabilities with Mirriad’s extensive in-content inventory. The partnership heralds a new era for…
Tight gas discovery in Sindh, Pakistan by OGDCL
In a significant development for Pakistan’s energy sector, the Oil & Gas Development Company Limited (OGDCL) has announced a new tight gas discovery at its exploratory well, Nur West #01, in the district of Sujawal, Sindh Province. The well, which is fully operated by OGDCL, is part of the Nur Development & Production Lease (D&PL)…
Sirius Real Estate completes over €100 million of acquisitions in Germany and UK
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has completed on four previously announced notarised acquisitions in Germany and the U.K., totalling over €100 million in aggregate. These include: Vantage Point Business Village in Gloucestershire, U.K.,…
Caspian Sunrise acquires CS Energy LLP for $15 million
LONDON: Caspian Sunrise has announced the successful execution of documents for the acquisition of CS Energy LLP, the license holder of the West Shalva contract area, for a total consideration of up to $15 million. The acquisition hinges on several conditions, including the crucial approval from the company’s shareholders at the upcoming General Meeting scheduled…
Caledonia Mining Corporation appoints James Mufara as Chief Operating Officer
LONDON, UK: Caledonia Mining Corporation Plc announced that James Mufara (aged 49) has agreed to join the Caledonia group as Chief Operating Officer with effect from May 1, 2024. James was previously at Harmony Gold Mining Company Limited where, as Regional General Manager, he headed a complex portfolio of operations consisting of five mines and…
Faron Pharmaceuticals appoints Dr. Juho Jalkanen as new CEO, as Dr. Markku steps down
TURKU, FINLAND: Faron Pharmaceuticals Ltd. (AIM: FARN), a clinical-stage biopharmaceutical company pursuing a CLEVER approach to reprogramming myeloid cells to activate anti-tumor immunity in hematological and solid tumor microenvironments, today announced that its Chief Executive Officer (CEO) Dr. Markku Jalkanen, who turns 70 later in 2024, has informed the Board of Directors of his wish…
Accenture has acquired Japanese technology services provider, CLIMB
Accenture (NYSE: ACN) has announced the acquisition of CLIMB, a renowned technology services provider known for its system integration, IT infrastructure management, and operations. This acquisition is set to fortify Accenture’s presence in the Gunma Prefecture, Japan, and add significant expertise to its global operations. CLIMB, established in 1989 in Maebashi City, has carved a…
Westgold Resources Limited and Karora Resources Inc. to merge
MELBOURNE, AUSTRALIA: Westgold Resources Limited and Karora Resources Inc. have announced a definitive merger agreement. Under the arrangement, Westgold will acquire all outstanding shares of Karora, with shareholders receiving a mix of shares, cash, and SpinCo shares as consideration. The transaction values Karora shares at approximately A$6.60 each, marking a premium over recent trading prices….
Rio Tinto has appointed Bold Baatar as Chief Commercial Officer
SYDNEY, AUSTRALIA: Rio Tinto has appointed Bold Baatar to the role of Chief Commercial Officer, to lead the Group’s commercial and business development activities globally. Bold Baatar will succeed Alf Barrios as Chief Commercial Officer, following his decision to retire from Rio Tinto. Bold, who is currently Chief Executive Copper, will take on accountability for…
Viva Leisure has acquired iFitness 24/7 on a $5.2 million deal
SYDNEY, AUSTRALIA: Viva Leisure Limited (ASX: VVA), also known as Viva, has announced the acquisition of iFitness 24/7, the premier health club operator in the Northern Territory. This acquisition of iFitness 24/7 not only marks Viva’s entry into the region but also significantly enlarges its national presence. Commenting on the acquisition, Viva’s Managing Director and…
Ansell Limited to acquire Kimberly-Clark’s PPE Division for $640 million
SYDNEY, AUSTRALIA: Ansell Limited (ASX:ANN) has signed an agreement for the acquisition of Kimberly-Clark Corporation’s Personal Protective Equipment (PPE) business for a cash consideration of $640 million. The acquisition encompasses the entirety of the assets within Kimberly-Clark’s PPE division, known for its innovative hand, body, and eye protection products marketed under the Kimtech™ and KleenGuard™…
APM Human Services weighs takeover proposal from Madison Dearborn Partners
SYDNEY, AUSTRALIA: APM Human Services International has disclosed that Madison Dearborn Partners (MDP), a major stakeholder with approximately 29% ownership and three board members, has expressed its intention to propose an acquisition of the company. The proposal, which is non-binding and indicative, suggests a scheme of arrangement under Part 5.1 of the Corporations Act 2001,…