LONDON: Barclays Plc, one of the leading global financial services providers, has today announced a new operating structure that will align its business segments with its strategic priorities and customer needs. The new structure will consist of five focused operating divisions, namely: Barclays will report its financial performance based on these five operating divisions, in…
Valereum Plc announces strategic initiatives and capital raise for 2024-2025
LONDON, UK: Valereum Plc (AQSE: VLRM), a Gibraltar technology group, has announced its strategic initiatives and capital raise for 2024-2025, aiming to become a leading provider of innovative solutions for tokenising and trading digital assets. The company is planning to launch ‘The Bridge’, a blockchain-based digital financial markets infrastructure (DFMI) that supports the issuance, trading…
Melanie Lane appointed Chief Executive Officer of Pod Point Group
LONDON, UK: Pod Point Group, a leading provider of electric vehicle (‘EV’) charging solutions in the UK, announced the appointment of Melanie Lane as Chief Executive Officer (“CEO”) with effect from 1 May 2024. She will succeed Andy Palmer, who has acted as Interim CEO since 6 July 2023 during the course of the executive…
X5 acquires Forward-Market, a Bashkortostan distributor
MOSCOW: X5 Group, a leading Russian food retailer, announced an agreement to acquire Forward-Market, a distributor operating in the Republic of Bashkortostan. The Federal Antimonopoly Service (FAS) of the Russian Federation has approved the deal. As part of the deal, X5 will take over the ownership of distribution centres measuring a total of 28,000 square…
Nightcap Plc has acquired The Piano Works
LONDON, UK: Nightcap Plc (AIM: NGHT), the owner and operator of 46 premium bars, announced the acquisition of The Piano Works, the live entertainment concept currently operating at Nightcap’s Barrio Covent Garden venue and at a venue in Farringdon, London. The Piano Works was launched in 2015 in a large Victorian warehouse site in Farringdon,…
Pape-Dawson Engineers has acquired Georgia-based engineering firm, Maxwell-Reddick
Pape-Dawson Engineers, LLC has acquired Georgia-based engineering firm, Maxwell-Reddick, as part of its strategy to expand its industry-leading civil engineering, surveying, and land planning practice across the United States. Maxwell-Reddick was founded in 1964 and provides a wide range of services including land planning, civil engineering, hydrology and hydraulics, and surveying. The firm is headquartered…
Black Stone Minerals reports strong results for 2023, provides outlook for 2024
Black Stone Minerals, L.P. (NYSE: BSM), a leading owner of oil and natural gas mineral interests in the United States, announced its financial and operating results for the fourth quarter and full year of 2023 and provided guidance for 2024. The Company reported net income of $147.6 million and Adjusted EBITDA of $125.5 million for…
Elixinol Wellness sells stake in Pet Releaf for A$2.3 million
SYDNEY, AUSTRALIA: Elixinol Wellness Limited (ASX: EXL), a global leader in hemp and plant-based products, has announced the sale of its minority interest in Altmed Pets, LLC (Pet Releaf), a US-based pet wellness company, for approximately A$2.3 million. The deal, which is subject to financing, will allow Elixinol Wellness to focus on its core business…
Metals Acquisition Limited debuts on ASX with oversubscribed IPO
SYDNEY, AUSTRALIA: Metals Acquisition Limited (MAC), a global metals and mining company, has commenced trading on the Australian Securities Exchange (ASX) today under the ticker ‘MAC’, after raising A$325 million in an oversubscribed initial public offering (IPO) of CHESS Depositary Interests (CDIs). The company, which is also listed on the New York Stock Exchange (NYSE),…
LLYC acquires Lambert Global, triples its size in the U.S.
LLYC, a global Corporate Affairs and Marketing consulting firm, has announced the largest acquisition in its history: Lambert Global, a strategic communications firm that specializes in public relations, investor relations, and integrated marketing. The acquisition is expected to result in revenues of $35.1 million and EBITDA of $9.7 million for LLYC USA. LLYC is acquiring…
UFOFLEET and Stellantis join forces to offer innovative mobility solutions in Belgium
UFOFLEET, the leading SaaS platform for electric fleet management, has announced a strategic partnership with Stellantis Financial Services in Europe, the financial arm of the world’s fourth-largest automaker. The partnership aims to provide enhanced mobility solutions for Stellantis customers and dealers in Belgium, starting with a pilot project to automate the test drive experience using…
Bona acquires its Australian distributor Ezi Floor Products
Bona, a global leader in premium floor products, has announced the acquisition of its long-time Australian distributor Ezi Floor Products (EFP), strengthening its presence and growth in the Asia-Pacific region. Bona acquires its Australian distributor Ezi Floor Products, which has been the exclusive importer and national distributor of Bona products in Australia for over 20…