LONDON, UK: Roebuck Food Group plc (AIM: RFG), a company specializing in food and agribusiness growth and innovation, has announced a conditional agreement to acquire the entire issued share capital of Moorhead & McGavin Ltd, a food and food ingredient distribution business based in Motherwell, UK. The acquisition, subject to a completion accounts adjustment mechanism,…
Currys Plc announces €200 million sale of Kotsovolos to PPC
LONDON, UK: Currys plc has officially confirmed an agreement to sell Dixons South East Europe A.E.V.E., the company responsible for Currys’ retail operations in Greece and Cyprus under the name Kotsovolos, to Public Power Corporation S.A. (PPC) for an enterprise value of €200 million (£175 million). This sale comes after a strategic review announced in…
Regal Partners to acquire PM Capital, reaching $10.8 billion in group funds
SYDNEY, AUSTRALIA: Regal Partners (ASX:RPL) has announced its acquisition of PM Capital Limited, a renowned investment management company with a focus on global long/short equities and fixed income strategies. Founded by Chairman and Chief Investment Officer Paul Moore in 1998, PM Capital manages over $2.7 billion in funds under management as of September 30, 2023….
PagerDuty to acquire Jeli Inc for incident management and analysis
SAN FRANCISCO: PagerDuty, Inc. (PD), a global leader in digital operations management, announced today that it has agreed to buy Jeli, Inc., a company that provides incident analysis and learning solutions. The deal will enhance PagerDuty’s Operations Cloud, a platform that combines Incident Management, AIOps, Automation and Customer Service Operations. The acquisition will enable PagerDuty…
WWAC shareholders approve merger with Aeries Technology
NEW YORK: Worldwide Webb Acquisition Corp. (WWAC), a special purpose acquisition company, announced today that its shareholders voted overwhelmingly to approve its merger with Aeries Technology, a Singapore-based provider of cloud-based solutions for heavy oil applications. The deal values Aeries at about 3.7 times its EBITDA for the year ending September 30, 2023. The merger…
Box appoints Olivia Nottebohm as new COO
CALIFORNIA: Box Inc. (BOX), the leading Content Cloud, today announced that Olivia Nottebohm, a former executive at Google, Dropbox, and Notion, will join the company as its new Chief Operating Officer (COO). Nottebohm will lead the global go-to-market organization at Box, including Sales, Customer Success, and Marketing. She will replace Stephanie Carullo, who is retiring…
Forum Energy Technologies to acquire Variperm for $150mn cash, 2mn shares
HOUSTON: Forum Energy Technologies, Inc. (FET), a global provider of oilfield products and services, announced today that it has agreed to buy Variperm Energy Services, a Canadian manufacturer of sand and flow control products for heavy oil applications, for $150 million in cash and 2 million shares of FET stock. The deal values Variperm at…
Credit Clear acquires DRA Group to boost its insurance sector presence
SYDNEY, AUSTRALIA: Credit Clear Limited (ASX: CCR), a leading provider of digital debt collection and technology solutions, has announced the acquisition of DRA Group, a specialist in insurance-related debt recovery and legal services. The deal, worth $1.5 million, will be paid in cash and shares and is expected to enhance Credit Clear’s earnings and market…
Triangle Energy wins gas blocks in UK licensing round
SYDNEY, AUSTRALIA: Triangle Energy (Global) Limited (ASX:TEG) and its joint venture partner Athena Exploration Limited have secured five blocks in the West of Shetlands gas province in the 33rd UK Licensing Round. The blocks contain the Cragganmore gas field, which has a best estimate of 527 billion cubic feet (Bcf) of recoverable gas.The joint venture…
Cash bid for MC Mining Limited by Senosi Group and Dendocept
SYDNEY, AUSTRALIA: Senosi Group Investment Holdings Proprietary Limited and Dendocept Proprietary Limited (NBIO), which own 64.5% of the company’s shares, has sent a letter to MC Mining Limited outlining their plan and intention to make a cash offer for all the shares in the Company that they do not already own. The letter also says…
Netspend and Rêv combine global portfolio under parent brand Ouro
Netspend and Rêv Worldwide announced today that they have completed the integration of their key strategic assets and have formed a new global corporate entity of financial services, loyalty and technology called Ouro. The company plans to aggressively expand its multi-brand portfolio, which spans prepaid debit products, cross-border payments, remittances and loyalty product innovations and…
DigitalOcean Reports 16% Revenue Growth in Q3 2023
DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud provider for startups and small businesses, today announced its financial results for the third quarter of 2023. The company reported revenue of $177 million, up 16% year-over-year, and net income of $19 million, up from $9 million in the same period last year. The company also saw improvement…