LONDON, UK: CG Oncology, a biotechnology company focused on cancer immunotherapy, has launched its initial public offering (IPO) of 20 million shares at $19 per share, raising $380 million in gross proceeds. The company, which is backed by Malin Corporation, a life sciences investment firm, will trade on the Nasdaq Global Select Market under the…
Workspace Group CEO Graham Clemett to retire
LONDON, UK: Workspace Group announced that Graham Clemett, Chief Executive Officer (CEO), has informed the Board of his intention to retire during 2024, once his successor has been appointed and an appropriate handover completed. The search for Graham’s successor will be led by Duncan Owen, Chairman, in consultation with the Nominations Committee. The Company will…
Haleon plc to sell ChapStick brand to Suave Brands Company
LONDON, UK: Haleon plc, a global leader in consumer health, has entered into a binding agreement for the sale of the ChapStick brand to Suave Brands Company, a portfolio company of Yellow Wood Partners. Under the terms of the transaction, Haleon will receive pre-tax cash proceeds of approximately $430 million, as well as a passive…
SkinBioTherapeutics acquires Dermatonics Limited for £2.93 million
LONDON, UK: SkinBioTherapeutics plc (AIM: SBTX) has entered into an agreement to acquire the issued share capital of Dermatonics Limited, a specialist in innovative topical and dermatological products in the skincare/woundcare space. The initial consideration is £1.68 million plus £1.25 million earn-out over three years, in a cash-free and debt-free acquisition. Completion will take place…
Bending Spoons has acquired Meetup
Italian technology company Bending Spoons has completed its acquisition of Meetup, the US-based platform that connects people with common interests. Meetup has over 60 million members worldwide who join groups and events based on their passions. Bending Spoons, which owns popular apps such as Remini, Splice, and Evernote, plans to use its proprietary technologies and…
FleetPartners Group reports strong EPS growth and reaffirms FY24 outlook
SYDNEY, AUSTRALIA: FleetPartners Group Limited (ASX:FPR), a leading provider of fleet management and leasing solutions, has announced its first quarter results for FY24 and reiterated its full year guidance. The Group’s CEO and MD, Damien Berrell, said the company has a clear vision for creating sustainable shareholder value, based on four key drivers: revenue growth,…
Tennant Minerals appoints Vincent Algar as new CEO
SYDNEY, AUSTRALIA: Tennant Minerals Ltd, a copper-gold exploration company, has announced the appointment of Vincent Algar as its new Chief Executive Officer. Vincent Algar is a veteran geologist and former Managing Director of Australian Vanadium Ltd, where he raised over $62 million and led a major vanadium project to feasibility. Algar will leverage his technical…
Dalrymple Bay Infrastructure appoints Michael Riches new CEO
SYDNEY, AUSTRALIA: Dalrymple Bay Infrastructure Limited (DBI), a leading coal export terminal operator, has announced the appointment of Mr Michael Riches as its new Chief Executive Officer, effective on 4 March 2024. Mr Riches has extensive experience in infrastructure, regulatory and operational roles across various industries in Australia. He was previously the CEO of Axicom,…
Janelle Campbell appointed as CEO of The Star Sydney
SYDNEY, AUSTRALIA: The Star Entertainment Group Limited has announced the appointment of Janelle Campbell as the new Chief Executive Officer of The Star Sydney, subject to regulatory approvals. Ms Campbell is a veteran casino executive with over 20 years of experience in the industry, including senior roles at Conrad Treasury, Conrad Jupiters, Treasury Casinos and…
PTC and Columbia Business School Launch Leadership Program for Executives
The Pacific Telecommunications Council (PTC), a non-profit organization dedicated to advancing digital infrastructure, telecommunications and ICT, has teamed up with Columbia Business School Executive Education (CBSEE) to create the Top Talent Leadership Development Program. This program, which will start at PTC’25, is designed to equip executives with the skills and insights they need to thrive…
SingleStore launches Pro Max, a real-time data platform for AI
SingleStore, a database company that enables data transactions, analysis and contextualization, today unveiled its latest product, SingleStore Pro Max, which claims to be the only real-time data platform in the industry. The new product offers features such as indexed vector search, an on-demand compute service for GPUs/ CPUs and a new free shared tier, among…
Maximus appoints new leaders for federal growth
Maximus (NYSE: MMS), a global provider of government services, has announced a new leadership team for its federal growth strategy. The company has reorganized its federal business into three verticals: Civilian, Health, and Defense. Each vertical will be led by an Executive Managing Director (EMD) with extensive experience in the government contracting market. The new…