Flame Acquisition Corp. (Flame), a blank check company, and Sable Offshore Corp. (Sable), a streamlined production unit, have received the green light from Flame’s stockholders to merge and become a publicly traded company. The business combination was approved by the requisite number of shares of Flame common stock voted at the special meeting on February…
HighCom CEO resigns, Executive Chairman takes charge
SYDNEY, AUSTRALIA: HighCom Limited (ASX:HCL), a leading provider of armour and technology solutions, announced today that Mr. Scott Basham has stepped down as Group CEO, effective immediately. The Board thanked Mr. Basham for his role in transforming the business since 2021, according to company news. The Company’s operations will be led by the divisional heads:…
Horizon Minerals and Greenstone Resources announce merger to create a gold mining powerhouse
SYDNEY, AUSTRALIA: Horizon Minerals Limited (ASX: HRZ) and Greenstone Resources Limited (ASX: GSR) have announced a merger that will create a gold mining powerhouse in the Western Australian Goldfields, a financial news announcement noted. The merger will be conducted by way of schemes of arrangement, whereby Horizon will acquire 100% of the fully paid ordinary…
Hansen Technologies acquires German software firm powercloud GmbH for EUR 30m
SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…
RWC acquires Holman Industries for A$160 million
SYDNEY, AUSTRALIA: Reliance Worldwide Corporation Limited (RWC), a global leader in plumbing solutions, has announced the acquisition of Holman Industries, a leading manufacturer and distributor of plumbing and watering products in Australia, for A$160 million (US$105 million). According to the business announcement, the deal, which reflects a 7.0 times multiple of Holman’s last twelve months…
Beacon acquires Metro Sealant, expands waterproofing division
Beacon, a leading distributor of building products, announced the acquisition of Metro Sealant, a company that provides sealant and waterproofing solutions for commercial construction. The deal strengthens Beacon’s position as a national leader in specialty waterproofing. Metro Sealant, founded in 1989, has four branches in Virginia and Maryland, and serves contractors, design professionals, and owners…
Diamondback Energy to buy Endeavor Energy Partners for $26 billion
Diamondback Energy, a leading shale producer, announced on Monday that it would acquire Endeavor Energy Partners, the largest private oil and gas company in the Permian Basin, for about $26 billion, including debt. The deal would create the third biggest producer in the Permian, the most prolific oil and gas region in the U.S., behind…
AtlasClear Completes Business Combination With Quantum And Acquires Wilson-Davis
AtlasClear Holdings, Inc. , a technology and financing solution provider for small and midsize financial institutions, announced on Monday that it has completed its business combination with Quantum FinTech Acquisition Corporation (NYSE: QFTA), a publicly-traded special purpose acquisition company, and its acquisition of broker-dealer Wilson-Davis & Co., Inc. The combined company will operate as AtlasClear…
Couply AI: The World’s First Personalized Relationship Coach
Couply, the award-winning relationship app, has launched Couply AI, a personalized relationship coach that offers tailored advice and date ideas to couples. The app uses personality quizzes and questions to create a “personality mesh” for each couple, and then provides insights and suggestions based on their unique dynamics. Couply AI is the result of five…
Saama and Pfizer expand AI partnership to accelerate clinical trials
Saama, a leading provider of AI-based solutions for clinical development and commercialization, announced a new multi-year agreement with Pfizer, a global biopharmaceutical company, to scale up their data review automation and speed up regulatory submissions. The partnership builds on the success of their previous collaboration, which resulted in Smart Data Quality (SDQ), an AI-powered tool…
Visa Commercial Pay expands to Latin America & Caribbean, adds digital wallet feature
Visa (NYSE:V), a global leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, have announced new enhancements to their B2B payment solutions, Visa Commercial Pay. The solutions, which include virtual card B2B payment solutions, aim to improve cashflow for businesses and reduce outdated manual processes. The latest innovation enables…
Cannae Holdings Inc. announces William P. Foley II as CEO
Cannae Holdings Inc. (NYSE: CNNE) today announced that it has appointed Chairman William P. Foley II as Chief Executive Officer of the Company and Richard Massey as Vice Chairman of the Board. Mr. Massey will continue to work with Mr. Foley on investment opportunities. Mr. Foley will continue as Chairman of the Board and Ryan…