GDR 3.38 -0.375 -10.00% : Genedrive PLC – MSN Money Genedrive PLC (LON GDR) is a molecular diagnostics company that specializes in the development and commercialization of a point-of-care molecular platform for the diagnosis of infectious diseases, genotyping, pathogen detection, and other applications. They are known for their Genedrive® HCV-ID test, which has received CE-IVD…
Navigating Economic Uncertainty: Strategies for Businesses in Volatile Markets
In today’s dynamic business environment, economic uncertainty has become a constant companion for businesses, presenting challenges that require innovative strategies to overcome. Whether it’s the ripple effects of global events or shifts in consumer behavior, volatility is a defining characteristic of modern markets. In this article, we’ll explore actionable strategies that businesses can adopt to…
Banglalink gets unified licence to deliver superior digital services in Bangladesh
AMSTERDAM: VEON Ltd., a global digital operator that provides converged connectivity and online services, announces that Banglalink, its leading innovative digital service provider in Bangladesh, has received a unified licence from the Bangladesh Telecommunication Regulatory Commission (BTRC). The newly issued licence combines existing authorisations to use 2G, 3G, and 4G standards, making Banglalink’s licences technology-agnostic…
TotalEnergies has acquired American company, Talos Low Carbon Solutions
PARIS: To bolster its carbon capture and storage (CCS) capabilities, TotalEnergies has announced the complete acquisition of Talos Low Carbon Solutions, a pioneering American company in the CCS sector. This acquisition positions TotalEnergies with a 25% stake in the Bayou Bend CCS project, a significant venture along the Texas Gulf Coast, in partnership with Chevron…
LACROIX sold its Road Signs Business Unit to American Industrial Acquisition Corporation
PARIS, FRANCE: LACROIX announced the sale of its Road Signs Business Unit to the industrial investment company AIAC (American Industrial Acquisition Corporation). LACROIX aims to become a global leader in industrial IoT solutions and electronic equipment for mission-critical applications by 2025. Given the market trends, synergies between the Road Signs Business Unit and the rest…
Metarock Group announces $65 million sale of PYBAR to Thiess
SYDNEY, AUSTRALIA: Metarock Group Limited (ASX:MYE), a prominent player in the mining services industry, has officially declared the sale of its entire stake in PYBAR, a leading underground hard rock contracting business, to Thiess Pty Ltd for a headline consideration of $65 million. This strategic move is expected to net Metarock approximately $36.3 million after…
Poseidon Nickel announces strategic divestment of Lake Johnston Project
SYDNEY, AUSTRALIA: Poseidon Nickel Limited (ASX: POS) has entered into a Binding Heads of Agreement for the sale of its Lake Johnston Project to Mineral Resources Limited (MRL). The agreement, which is subject to certain conditions precedent, outlines a total cash consideration of $15 million for Poseidon. The terms of the proposed sale include an…
AUCloud set to acquire PCG Cyber, Venn IT Solutions and Arado for $28 million
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…