iXCells Biotechnologies USA, Inc., a cell technology company that offers cell-based products and drug discovery service solutions, has announced the appointment of Helge Bastian, PhD, as its new CEO. Dr. Bastian is a seasoned leader in the life sciences and healthcare sector, with experience in building and growing businesses for small and large companies. He…
Magnora to split its renewable and legacy businesses
OSLO, NORWAY: Magnora, a Norwegian company that invests in renewable energy projects, announced on 18 January that it will separate its renewable business from its legacy business, which is based on contracts linked to its divested FPSO (floating production storage and offloading) technology business. The separation will involve a demerger and a merger, followed by…
Bersh HOA acquires Marsh Landing Management
Bersh HOA, LLC, a company that partners with independent community management companies across the US, has acquired Marsh Landing Management Company, Inc., a boutique property management firm for HOA communities in Northeast Florida. The acquisition is part of Bersh HOA’s mission to grow its presence in the property management industry and offer owners an exit…
Astek Group acquires Riversen, a French engineering consulting firm
The Astek Group, a global leader in digital and engineering solutions, announced on Thursday that it has acquired a majority stake in Riversen, a French engineering consulting firm specialized in the construction and industry sectors, infrastructure, energy, environment and transport. Riversen, founded in 2017 in Lyon and based in Paris, has 350 employees in France…
Boku Inc appoints Stuart Neal as new CEO to lead global payment network
LONDON: Boku Inc, the leading provider of localized payment solutions, has announced that Stuart Neal will take over as its new Chief Executive Officer and Director from January 2024. Neal succeeds Jon Prideaux, who will retire after eight years at the helm of Boku, but will remain on the Board as a Non-Executive Director. Neal…
Net Zero Infrastructure to acquire QuiaPEG’s drug delivery platform
LONDON, UK: Net Zero Infrastructure (NZI), a company listed on the London Stock Exchange, has signed a letter of intent with QuiaPEG, a Swedish drug development company, to license its patented drug delivery platform, Uni-Qleaver, for 12 months, with an option to buy it at the end of the period. The deal, if completed, will…
Samsung launches Galaxy S24 series with Galaxy AI, the most advanced mobile AI ever
Samsung has just announced its new line-up of AI-powered Galaxy smartphones, which the company says will launch a “new era of mobile”. The Galaxy S24, S24+, and S24 Ultra are the first phones to feature Galaxy AI, a suite of artificial intelligence features and apps that will make your life easier, smarter, and more fun….
Sainsbury’s to wind down banking services business
Sainsbury’s has announced that it will be winding down its banking division as part of its “food first” strategy and will be focusing on its core retail businesses. The company is exploring several options as part of a “phased withdrawal” from the banking business, which could result in products being outsourced to other providers, similar…
PUMA recognized as a global top employer for second time
The sports company PUMA has earned the prestigious title of a global Top Employer for the second time, according to the Top Employers Institute. The institute, which conducts a comprehensive survey of companies’ human resources practices, also awarded PUMA in four regions and 24 countries, including Poland and Ukraine for the first time. The award…
Accrol Group has acquired Seven Delta Limited
LONDON: Accrol Group (AIM: ACRL), the UK’s leading independent tissue converter, has completed the acquisition of Severn Delta Limited, a £5m revenue wet wipe and tumble dryer sheet manufacturer based in Somerset, for an EBITDA multiple of less than 3x before synergies. The acquisition was funded from the Group’s existing cash reserves. The acquisition of…
LiveRamp to buy data clean room provider Habu for $200M
LiveRamp, the leading data collaboration platform, announced today that it will acquire Habu, a software company that helps brands and media companies share customer data securely and effectively. The deal, worth about $200 million in cash and stock, will boost LiveRamp’s ability to offer data collaboration solutions across all clouds and platforms, while ensuring privacy…
Qantas Group appoints Andrew Glance as CEO for its Loyalty business unit
SYDNEY: The Qantas Group has appointed Andrew Glance as the new CEO for its Loyalty business unit. Andrew Glance is currently the Executive Manager of Commercial Partnerships and Qantas Business Rewards, having worked in a number of senior roles in Qantas Loyalty since 2016. Prior to that he held senior finance positions across the organisation,…