Gcore, a global provider of edge AI, cloud, network, and security solutions, has announced the acquisition of StackPath’s web application and API protection (WAAP) solution, a leading product for protecting applications from cyberattacks. The acquisition will enhance Gcore’s security offerings with web application firewall (WAF), API security, bot protection, and Layer-7 DDoS mitigation at the…
Allshares secures growth investment from Bregal Milestone
Allshares, formerly known as Evli Alexander Incentives (EAI), has received a majority growth investment from Bregal Milestone, a leading European software and technology growth private equity firm. The deal will enable Allshares to expand its market presence and product offerings in the compensation and long-term incentive space. Allshares is a spin-off from Evli Group, a…
Braveheart Investment increases stake in Autins Group to 23.42%
LONDON: Braveheart Investment Group, a UK-based investment company, has increased its shareholding in Autins Group, a leading provider of acoustic and thermal solutions for the automotive sector and other industries. Braveheart announced that it has acquired an additional 4 million shares in Autins at an average price of 8 pence per share, for a total…
888 Holdings to explore options for US business amid low margins and high costs
LONDON: 888 Holdings, one of the world’s leading betting and gaming companies, has announced a strategic review of its US consumer-facing operations, which could lead to a sale or exit of the market. The company, which owns brands such as William Hill, 888 and Mr Green, said it would consider all potential alternatives that can…
ImmuPharma reports positive financial and business update
LONDON: ImmuPharma PLC, a specialist drug discovery and development company, has announced a positive and comprehensive update on its financial situation and its portfolio of products. The company, which is listed on the London Stock Exchange’s AIM market, said it has enough funds for its immediate needs and does not plan to raise more equity…
Breedon Group acquires US concrete supplier BMC Enterprises for $300m
LONDON: Breedon Group plc, a leading construction materials group in Great Britain and Ireland, has announced the acquisition of BMC Enterprises Inc., a supplier of ready-mixed concrete, aggregates and building products based in St Louis, Missouri, for an enterprise value of $300m (£238.1m). The deal, which is expected to close by 7 March 2024, will…
Galderma Group plans to launch $2.3 billion IPO on the Swiss stock exchange
Galderma Group AG, the global leader in dermatology, announced on Wednesday that it intends to launch an Initial Public Offering (IPO) on the SIX Swiss Exchange, as part of its ambitious growth strategy. The company, which was founded in 1981 as a joint venture between L’Oréal and Nestlé, aims to raise about 2.3 billion USD…
Murray Cod Australia appoints Brett Paton as new Chairman
SYDNEY: Murray Cod Australia Limited (ASX: MCA) has announced the appointment of Brett Paton as the new independent non-executive Chairman. Paton’s extensive experience, including a 23-year tenure as Vice Chairman of UBS and roles at Citigroup and Tabcorp, is expected to bolster the company’s board. Concurrently, Ross Anderson steps down as Chairman but will maintain…
BCAL Diagnostics appoints Shane Ryan as new CEO
SYDNEY, AUSTRALIA: BCAL Diagnostics Limited (ASX:BDX) has announced the appointment of Shane Ryan as the new CEO, effective from April 2, 2024. Ryan, previously the company’s COO, will lead the launch of the innovative breast cancer test, BREASTEST™, and drive the company’s commercialisation efforts. Ryan’s extensive experience in biotechnology product commercialisation, notably his successful launch…
Globe Metals & Mining Limited announces CEO transition
SYDNEY, AUSTRALIA: Globe Metals & Mining Limited (ASX: GBE) has announced a significant leadership transition, with CEO Grant Hudson set to retire on May 31, 2024. Succeeding him will be Paul Smith, currently the Chief Operating Officer, who will take over as CEO on June 1, 2024, an ASX announcement noted. Smith, who joined Globe…
Growthpoint Properties Australia appoints Ross Lees as new CEO
SYDNEY: Growthpoint Properties Australia (GOZ) has announced the appointment of Ross Lees as the new Chief Executive Officer and Managing Director. Lees, who brings over two decades of experience in real estate investment, will succeed Timothy Collyer, with a transition period extending until July 2024. Lees’ extensive background includes a successful tenure as Head of…
ANZ sells 16.5% of shareholding in AmBank
AUCKLAND: ANZ has agreed to sell 16.5% of the issued capital in AMMB Holdings Bhd (AmBank) via a block trade at a price of MYR3.85 per share. The sale will reduce ANZ’s shareholding in AmBank from 21.7% to 5.2% and is in line with ANZ’s strategy of simplifying the Bank. Following the sale, ANZ will…