LONDON: HgCapital Trust plc (HgT) today announced an investment in Scopevisio AG, a leading innovator in cloud-based business automation. The terms of the transaction were not disclosed. HgT will invest approximately £4.8 million in Scopevisio, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund. HgT, whose shares are listed on the…
Software Circle plc acquires Total Drive Software for £7.5 million
LONDON: Software Circle plc (AIM: SFT) announced today the acquisition of the entire issued share capital of Total Drive Software Limited, an end-to-end software solution provider for driving instructors. The acquisition is valued at up to £7.5 million, to be satisfied in cash on a debt-free and cash-free basis. The deal is projected to be cash flow…
Resource Mining Corporation begins exploration in Saudi Arabia
PERTH: Resource Mining Corporation (RMI) announced on March 14, 2025, that its geology team has commenced a site visit to the Wadi Salamah (G-23) and Shaib Margan projects in Saudi Arabia. The team plans to complete mapping and rock chip sampling programs, which will guide future exploration efforts. RMI entered into a binding term sheet with Auking…
Piraeus Bank to acquire majority stake in Ethniki Insurance
ATHENS: Piraeus Financial Holdings S.A. announced that its subsidiary, Piraeus Bank S.A., has entered into a Share Purchase Agreement (SPA) to acquire a 90.01% stake in the parent company of Ethniki Insurance from CVC Capital Partners Fund VII. The deal, valued at €600 million in cash, aims to diversify Piraeus’ revenue sources and enhance value for shareholders….
Ripple secures license to offer regulated crypto payments in UAE
DUBAI: Ripple, a leading provider of enterprise blockchain and crypto solutions, has obtained regulatory approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the Dubai International Finance Centre (DIFC). This makes Ripple the first blockchain-enabled payments provider to be licensed by the DFSA. The approval marks Ripple’s inaugural license in…
Elementis plc appoints Luc van Ravenstein as Chief Executive Officer
LONDON: Elementis plc, a global specialty chemicals company, announced that Luc van Ravenstein will assume the role of Chief Executive Officer (“CEO”) and join the Board of the Company on 29 April 2025, succeeding Paul Waterman. Luc is a highly respected leader with a strong track record of delivering innovation, growth and efficiency during his 13…
James Lowery appointed new CEO of essensys plc
LONDON: essensys plc (AIM:ESYS), the leading global provider of software and technology to the flexible workspace industry announces that Mark Furness has decided to retire as Chief Executive Officer, after founding essensys in 2006 and leading the business since launch. Mark Furness will be succeeded by James Lowery, Chief Operating Officer, who will take over as…
Restore Plc has acquired Synertec (Holdings) for £22 million
LONDON: Restore plc (AIM: RST), the UK’s leading provider of secure and sustainable business services for data, information, communications and assets, today announced the acquisition of Synertec (Holdings) Ltd, a document management business, for an initial cash consideration of £22 million plus deferred cash consideration based on Synertec’s future profits. Synertec was founded in 1999 and is…
Royal Vopak to allocate 1 billion euros to energy transition infrastructure
AMSTERDAM: Royal Vopak (Euronext: VPK) reaffirmed its strategic priorities at its Capital Markets Day, focusing on improving financial and sustainability performance, expanding in industrial and gas terminals, and accelerating investments in energy transition infrastructure. The company raised its operating cash return target to above 13%, up from its previous goal of over 12%. Vopak announced plans to…
Euronext scales up its SaaS offering with the acquisition of Admincontrol
AMSTERDAM: Euronext has entered into a definitive agreement with Visma to acquire 100% of Admincontrol, a leading provider of governance and secure collaboration Software as a Service (SaaS) solution in the Nordics and in the UK. On 8 November 2024, as part of its “Innovate for Growth 2027” strategic plan, Euronext outlined its ambition to scale up…
Nine Entertainment appoints Matthew Stanton as CEO & MD
SYDNEY: Nine Entertainment Co. (ASX: NEC) announced Thursday the appointment of Matthew Stanton as Chief Executive Officer and Managing Director, effective immediately. The Nine Board confirmed Stanton’s appointment following a comprehensive international search process. Stanton has an extensive background in leading transformation programs across various sectors, including media, food and beverage, and retail. He previously served as…
Capricorn Metals announces acquisition of Kings Find Project
PERTH: Capricorn Metals Ltd. (ASX: CMM) announced Thursday that it has entered into a binding agreement to acquire the Kings Find Project, a highly prospective gold exploration tenement located in Western Australia’s Murchison region. The project, covering approximately 54 square kilometers, is contiguous to the northern boundary of Capricorn’s existing Mt Gibson Gold Project (MGGP). The acquisition,…