PARIS, FRANCE: Airbus and TotalEnergies have announced a strategic partnership to develop and supply sustainable aviation fuels (SAF) for the aviation industry. The partnership aims to help achieve net carbon neutrality of aviation by 2050, by reducing CO2 emissions up to 90% compared to fossil fuels, a financial news announcement noted. The partnership will focus…
BT Group sells BT Tower to MCR Hotels for £275 million
LONDON, UK: BT Group has agreed to the sale of the BT Tower for £275 million to MCR Hotels, who plan to preserve BT Tower as an iconic hotel, securing its place as a London landmark for the future. As the UK heads rapidly into an all-digital future, a number of network operations that were…
Hornblower Group to sell or shut down its overnight cruising business
Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will see it sell or shut down its overnight cruising business, American Queen Voyages (AQV), which has been struggling due to the pandemic. The deal, which has the support of its investors, will also involve a change in…
Feedback Plc opens opportunity in UK private healthcare with Bleepa-CareLocker
LONDON, UK: Feedback plc (AIM: FDBK), the clinical infrastructure specialist, announces that radiology specialist Medical Imaging Partnership (“MIP”) has agreed to pilot Bleepa-CareLocker, in order to deliver multiple clinical pathways to its customers in the UK private healthcare sector. The agreement to pilot, enables both parties to evaluate how a pathway that enables a ‘straight…
Shanta Gold shareholders to receive £142 million in cash acquisition by Saturn Resources
LONDON, UK: Saturn Resources Ltd (“Bidco”), a subsidiary of ETC Holdings, has agreed to buy out Shanta Gold Limited (“Shanta”), a gold mining company operating in East Africa, for 13.5 pence per share in cash. Badal Patel, CFO of Bidco, commented: “Bidco believes that the recommendations from ISS and Glass Lewis to vote in favour…
Cambridge Cognition and ActiGraph partner to advance digital health technologies in CNS trials
LONDON, UK: Cambridge Cognition Holdings plc, a developer and marketer of digital solutions for brain health assessment, has announced a new strategic partnership with ActiGraph, a leading provider of wearable technologies for clinical trials. The partnership will deliver a comprehensive suite of assessments to measure mental and physical capabilities in clinical development, especially in areas…
Rio Tinto signs Australia’s biggest renewable power deal
LONDON, UK: Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from Windlab’s planned 1.4GW Bungaban wind energy project. The agreement, which follows the company announcement last month of a PPA for the Upper Calliope solar farm in Queensland,…
H&T Group acquires assets of Maxcroft Securities for £11.3m
LONDON, UK: H&T Group Plc, the UK’s largest pawnbroker and a leading retailer of high quality new and pre-owned jewellery and watches, announced the acquisition of certain assets of Maxcroft Securities Ltd, for a cash consideration of £11.3m. Maxcroft is a longstanding and successful pawnbroking business based in Essex, a company announcement said. The Group…
Dewhurst acquires full ownership of P&R Liftcars for A$2.9 million
LONDON, UK: Dewhurst Group plc (AIM: DWHT), a UK-based manufacturer of electrical components and systems, has announced that it will acquire the remaining 25 per cent stake in P&R Liftcars Pty Ltd, an Australian lift car interior manufacturer, for a cash consideration of A$2.9 million (£1.5 million). The deal, which is expected to be immediately…
Software Circle plc has acquired ARC Technology Limited
LONDON, UK: Software Circle plc (AIM: SFT) has acquired the entire issued share capital of ARC Technology Limited, a leading provider of software solutions for the management of practice-based learning to higher education institutions across the UK and the Republic of Ireland, based in Byfleet, Surrey, an AIM news announcement noted. The total consideration of…
Cintas Corporation has acquired SITEX
Cintas Corporation (Nasdaq: CTAS) has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service programs. SITEX was founded by the Sights family in Henderson, Kentucky in 1961. Currently, Wes Sights serves as CEO of SITEX, which has five different locations servicing customers in a four-state region, including Illinois, Indiana, Kentucky and Tennessee. “The…
Technology One reports record results and optimistic outlook
SYDNEY, AUSTRALIA: Technology One Ltd (ASX: TNE), a leading provider of enterprise software solutions, today conducted its Annual General Meeting and announced its financial results for the fiscal year 2023. The company achieved a total annual recurring revenue (ARR) growth of 23%, reaching a record $392.9 million. Its profit before tax (PBT) also increased by…