AMSTERDAM: ASM International N.V. (Euronext Amsterdam: ASM), a leading supplier of wafer processing equipment, today announced that its CEO Benjamin Loh will retire and be succeeded by Hichem M’Saad, the current CTO and Management Board member. Loh, who joined ASM as CEO in 2020, will step down as per the Annual General Meeting (AGM) of…
Anglo American and Finnish Minerals Group to explore battery value chain opportunities
LONDON, UK: Anglo American and Finnish Minerals Group have signed a memorandum of understanding (“MOU”) to work together to explore opportunities to further support Finland’s battery strategy. Finnish Minerals Group is a holding and development company that manages the Finnish Government’s mining industry shareholdings and supports the development of the Finnish battery value chain. Alison…
ADNOC Gas reports strong financial results and growth investments in 2023
ABU DHABI, UAE: ADNOC Gas, a world-class integrated gas processing company, announced its consolidated financial results for Q4 2023 and FY 2023, showing a strong performance driven by volume growth and a positive pricing environment. The Company’s Q4 2023 revenue increased by 7% year-on-year to $6.3 billion, processed volumes rose to 912 TBTU, enough to…
Invictus Investment reports record revenue and expands to 10 new markets in 2023
ABU DHABI, UAE: Invictus Investment Company PLC (ADX: INVICTUS), a leading agro-food enterprise in the Middle East, Africa and Asia, announced its financial results for the 12 months ended December 31, 2023, with a revenue growth of 35% year-on-year to AED 8.1 billion – its highest annual revenue as a listed company. The company also…
Sirius Real Estate acquires two more business parks in Germany for €40 million
LONDON, UK: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has announced the acquisitions of two business parks, one in Köln (Cologne) and the other in Göppingen, for a total acquisition cost of approximately €40 million (£34 million)….
Bluejay Mining cuts costs, raises funds and appoints new senior geologist
LONDON, UK: Bluejay Mining plc, a leading exploration and development company with projects in Greenland and Finland, has announced a series of strategic measures to improve its financial and operational performance. The company has reduced its workforce by 80%, lowered its director costs by 70%, and achieved other cost synergies, resulting in an annual saving…
ValiRx partners with Dundee to explore novel cancer drugs
LONDON, UK: ValiRx plc, a company developing early-stage cancer therapeutics and women’s health products, has signed a five-year agreement with the University of Dundee and its Drug Discovery Unit (DDU) to access their research on new potential drugs. The first project under the agreement will focus on pro-senescence, a novel approach that aims to make…
Amaroq Minerals to raise £30 million for Southern Greenland projects
Amaroq Minerals Ltd., a mining company with gold and energy transition mineral assets in Southern Greenland, announced its plan to raise £30 million (C$51 million or ISK5.2 billion) by issuing new common shares at 74 pence (C$1.25 or ISK127) each. The company said it has already received strong interest from investors for the fundraising, which…
Tritax Big Box REIT proposes to acquire UK Commercial Property REIT for £924 million
LONDON, UK: Tritax Big Box REIT PLC (BBOX) and UK Commercial Property REIT Limited (UKCM), two of the UK’s leading real estate investment trusts, have reached agreement on the key terms of a possible all-share offer for UKCM, which would create a combined group with a market capitalisation of over £4 billion. The possible offer…
Good Energy to acquire solar and storage specialist JPS Group for up to £13.75 million
LONDON, UK: Good Energy Group PLC (AIM: GOOD), a renewable electricity and energy services provider, has signed a binding agreement for the acquisition of JPS Renewable Energy Ltd (JPS), a solar and storage installation and distribution business, and its subsidiary Trust Solar Wholesale Limited (Trust), a distribution and procurement business. The acquisition is on a…
SSP Group signs agreement to acquire Airport Retail Enterprises in Australia
LONDON, UK: SSP Group plc, a leading operator of restaurants, bars, cafes and other food and beverage outlets in travel locations across 36 countries, has entered into an agreement to acquire 100% of the shares of Airport Retail Enterprises Pty Ltd (ARE) in Australia. Founded in 1971, Airport Retail Enterprises Australia is a leading, privately-owned…
Stanmore acquires 50% stake in Eagle Downs coal project from South32
SYDNEY, AUSTRALIA: Stanmore Resources Limited (ASX:SMR) has signed a definitive agreement with a subsidiary of South32 Limited (ASX:S32) to acquire its 50% interest in the Eagle Downs metallurgical coal project, 100% interest in Eagle Downs Coal Management Pty Ltd and associated assets in Queensland, Australia. The deal, which is expected to close by the end…