LONDON, UK: Oxford Biomedica, a leading cell and gene therapy CDMO, has announced a business update for the year ending 31 December 2023. The update highlights the Company’s progress in transforming its operations, expanding its client base, and enhancing its capabilities across multiple viral vector platforms and sites. The Company has completed the reorganisation of…
Wynnstay acquires two industrial properties from Gunne family for £2.525 million
LONDON, UK: Wynnstay, a property investment company, has announced that it has agreed to buy two industrial properties from the Gunne family for £2.525 million. The properties are located in Banbury and Stevenage and are leased to trade counter businesses. The Banbury property consists of two freehold buildings with service yards and an access road….
EQTEC Plc has signed agreement for a plant in California
LONDON, UK: EQTEC Plc has signed agreement for a plant in California. The company will provide engineering services and equipment supply for a plant that will convert wood waste into syngas and electricity. Phoenix is the project developer and partner. Phoenix is a renewable energy company that operates in areas where forest fires are a…
Energean Plc enters Morocco gas market with Chariot deal
LONDON, UK: Energean plc, a Mediterranean gas producer, has announced a farm-in agreement with Chariot Limited, a UK-based oil and gas company, to acquire a stake in two offshore licences in Morocco. The deal includes the Anchois gas development, which has 18 billion cubic meters (Bcm) of gross reserves, and several exploration prospects. Energean will…
EnQuest announces new CEO for Veri Energy and new CFO for the Group
LONDON, UK: EnQuest PLC, an oil and gas company, has announced some changes in its senior management. Salman Malik, the current CFO and Managing Director of Infrastructure and New Energy, will become the CEO of Veri Energy, a subsidiary of EnQuest that will focus on developing the company’s infrastructure and new energy business. Malik will…
CEO DS Smith Plc Miles Roberts to retire
LONDON, UK: DS Smith Plc announced that Miles Roberts has informed the company of his intention, following 13 years with the company, to retire from the Board and from his role as CEO. A thorough recruitment process will be conducted and Miles will remain as a director of the Company and CEO throughout and will…
KKR offers to acquire Smart Metering Systems plc for £1.3 billion
LONDON, UK: Kohlberg Kravis Roberts & Co. L.P. (KKR), through a newly formed Sienna Bidco, reached agreement on the terms of a recommended all cash acquisition of Smart Metering Systems plc (SMS) at the rate of 955 pence in cash per share valuing SMS at £1.3 billion on a fully diluted basis, and this implies…
Woodings Industrial acquires Superior Machine Company, expands melt shop capabilities
PITTSBURGH: Woodings Industrial Corporation and affiliated companies have announced the acquisition of Superior Machine Company of South Carolina, Inc., a leading provider of electric arc furnace and continuous casting equipment and services. The acquisition will strengthen Woodings Industrial’s position in the North American market for melt shop engineering, design, maintenance, and repair. Superior Machine, founded…
Bristol Myers Squibb announces 5.3% dividend increase
PRINCETON: Bristol Myers Squibb (NYSE: BMY) announced that its Board of Directors has approved a quarterly dividend of $0.60 per share for the company’s common stock with a par value of $0.10. The dividend will be paid on February 1, 2024, to shareholders who own the stock as of the end of business on January…
ElectraMeccanica continues merger talks with electric businesses: Susan Docherty
ElectraMeccanica, a Canadian electric vehicle company, is still pursuing its merger strategy with other electric businesses, despite the failed deal with Tevva Motors in September 2023. The company’s CEO and Board Member, Susan Docherty, addressed the shareholders in a letter on Wednesday, December 6, 2023, and updated them on the progress of the merger talks….
Careteq Limited signs deal to acquire HMR Referrals platform
SYDNEY, AUSTRALIA: Careteq Limited (ASX: CTQ) has entered into a binding agreement to acquire the business and assets of New Medical Enterprises Pty Ltd trading as HMR Referrals for total consideration of $250k cash and $250k in ordinary shares at 2.5c per share. Established in 2016, HMR Referrals is a marketplace platform that securely simplifies…
Semiconductor developer BluGlass to acquire GaNWorks Foundry
SYDNEY, AUSTRALIA: Global semiconductor developer BluGlass Limited (ASX: BLG) has reached an agreement to acquire its commercial contract manufacturing partner, GaNWorks Foundry Inc. for US$800,000. Under the agreement, BluGlass will acquire core gallium nitride (GaN) wafer processing equipment and processes from GaNWorks Foundry, completing vertical integration of its Silicon Valley laser fabrication facility (the Fab)….