Contentful, a leader in composable content platforms, has announced the appointment of Karthik Rau as its new Chief Executive Officer. Rau, succeeding Steve Sloan, brings over two decades of leadership and innovation to the role, having previously founded SignalFx and…
LONDON: Syncona Ltd has signed an agreement for the sale of its portfolio company Clade Therapeutics to Century Therapeutics for $45 million. Century is a biotechnology company developing induced pluripotent stem cell (iPSC)-derived cell therapies. Syncona committed $30 million to…
LONDON, UK: Animalcare Group plc (AIM: ANCR) has reached agreement in principle to sell its 33.34% equity stake in STEM Animal Health Inc. (STEM) to Dechra Pharmaceuticals Limited for a total cash payment of US$4.7m. STEM is currently owned by…
Captura has successfully expanded its Series A funding round, amassing a total of $45.3 million. This infusion of capital is a testament to the company’s dynamic growth and its commitment to advancing its Direct Ocean Capture (DOC) technology—a promising solution…
PARIS, FRANCE: Societe Generale’s Board of Directors has approved the signing of a Memorandum of Understanding with Groupe BPCE for the divestment of the professional equipment financing businesses operated by Societe Generale Equipment Finance (SGEF). Groupe BPCE would take over…
LONDON, UK: M&C Saatchi announced the appointment of Rob Doubal and Laurence (Lolly) Thomson as the new joint Global Chief Creative Officers (CCOs). Rob and Lolly join M&C Saatchi from McCann London, where they held the position of joint CCOs…
LONDON, UK: Shurgard Self Storage Ltd has reached agreement on the terms of a recommended cash offer to acquire Lok’nStore Group. Under the terms of the acquisition, Lok’nStore shareholders will be entitled to receive 1,110 pence in cash for each…
Vertex Pharmaceuticals Incorporated (VRTX) has announced its plans to acquire Alpine Immune Sciences, Inc. (ALPN), a company dedicated to the discovery and development of novel protein-based immunotherapies. The acquisition, valued at approximately $4.9 billion, will see Vertex purchasing Alpine at…
AUCKLAND: Downer EDI Limited today announced it had been awarded a road maintenance contract by Victoria’s Department of Transport and Planning valued at an estimated $320 million over a maximum term of eight years. The contract begins in July 2024…
Stewart Information Services Corporation (NYSE-STC) has announced the acquisition of All New York Title Agency, Inc., a prominent commercial boutique title company based in White Plains, New York. All New York, founded in 1995 by industry veterans Joseph Petrillo and…
Philadelphia-based buyout firm Inverness Graham, known for investing in technology-driven companies, has officially announced the acquisition of BenefitHub. Established in 1999, BenefitHub is renowned for its comprehensive voluntary benefits and employee engagement platform, which serves over 10 million employees worldwide….
AIP Capital (AIP), a global asset management and investment company, announced today the formation of Phoenix Aviation Capital, a full-service aircraft lessor focusing on financing modern, high-demand aircraft worldwide. Phoenix is wholly owned by an American insurance and financial services…