LONDON, UK: Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, announces that it has entered into a collaboration agreement with a new partner to develop Cadmium Zinc Telluride (“CZT”) based detectors for photon counting computed tomography applications in the medical imaging…
Saint-Gobain signs a renewable electricity supply agreement with Alpiq Energie France
PARIS, FRANCE: In France, Saint-Gobain has signed a 14-year renewable electricity supply agreement (Power Purchase Agreement or PPA) with Alpiq Energie France. This contract covers the purchase of electricity generated by two solar farms located in Moselle (East of France). Alpiq Energie France will supply over 500 GWh of solar electricity to Saint-Gobain over the…
Nanoco Group signs Joint Development Agreement with Asian customer
LONDON, UK: Nanoco Group plc (LSE: NANO), a world leader in the development and manufacture of cadmium-free quantum dots and other specific nanomaterials emanating from its technology platform, has signed a major new Joint Development Agreement (JDA) with its important Asian Chemical customer. The two-year programme has now commenced and creates a longer term and…
Actual Experience plc intends to appoint administrators as cash runs low
LONDON, UK: Actual Experience plc (AIM: ACT), an analytics-as-a-service company, has announced that it is running out of cash and is looking for further funding to continue its operations. The company has been unable to secure significant new revenue contracts or reduce its costs, and has been exploring an equity fundraise with existing and potential…
Irish State sells 5% stake in AIB Group for €514.83 million
LONDON, UK: The Irish State has sold part of its shareholding in AIB Group plc, the country’s largest bank, for €514.83 million. The sale was done through a placing of shares to institutional investors, which was completed on Monday. The sale reduced the State’s stake in AIB from 45.8% to 40.8%, a decrease of 5%….
Foxtons Group has acquired Ludlow Thompson Holdings for a consideration of £10 million
LONDON, UK: Foxtons Group plc announced the acquisition of Ludlow Thompson Holdings Limited and subsidiary companies for a consideration of £10m, on a cash and debt free basis. The acquisition will be funded through the Group’s existing cash resources and existing £20m revolving credit facility, a bourse filing noted. Ludlow Thompson is a high-quality, lettings…
Crescent Point Energy has acquired Hammerhead Energy Inc. for CAD 2.55 billion
LONDON, UK: Riverstone Energy Limited (REL) announced that Hammerhead Energy Inc. has announced the sale of Hammerhead to Crescent Point Energy Corp., a Calgary based energy company, for an enterprise value of C$2.55 billion, or C$21.00 per share, a notice said. Each Hammerhead Energy share will be exchanged for (i) C$15.50 (approximately US$11.26) per share…
Kinder Morgan to buy NextEra Energy Partners’ Texas gas pipelines for $1.82 billion
TEXAS: Kinder Morgan, a U.S. pipeline operator, announced on Monday that it has agreed to acquire NextEra Energy Partners’ natural gas pipelines in South Texas for $1.82 billion in cash. The deal is expected to close in the first quarter of 2024. The acquisition will add seven pipelines with a total transport capacity of 4.9…
Danaher Corporation to acquire Abcam Plc for $24 per share in cash
CAMBRIDGE: Abcam plc (Nasdaq: ABCM), a global leader in the supply of life science research tools, has announced that its shareholders have approved the proposal for Danaher Corporation (NYSE: DHR) to acquire all of the outstanding shares of Abcam for $24.00 per share in cash. The deal is valued at approximately $5.8 billion. The transaction…
Arizona Nutritional Supplements re-acquired by founders
The founders of Arizona Nutritional Supplements, a leading manufacturer of specialty vitamins, minerals, and supplements, have re-acquired the business, marking a new era of innovation and growth. Aaron Blunck and Jonathan Pinkus, who started the company in 1996, have bought back the company from its previous owners. The company is a trusted partner in the…
Joe Hete returns as CEO of Air Transport Services Group
OHIO: Joe Hete, the former longtime Chief Executive Officer of Air Transport Services Group, Inc. (NASDAQ: ATSG), has been reappointed as the CEO of the company, effective immediately. Hete replaces Rich Corrado, who is leaving his role as CEO. Hete will also continue as the Chairman of the Board of Directors. Hete is a veteran…
Joel Fournier joins GreenFirst Forest Products as new CEO
TORONTO: GreenFirst Forest Products Inc. (TSX: GFP) has announced the appointment of Joel Fournier as its new Chief Executive Officer, effective immediately. Fournier replaces Paul Rivett, who remains as Executive Chair of the Board of Directors. Fournier has over 20 years of experience in lumber mill operations in Canada, with expertise in manufacturing, quality control,…