LONDON, UK: Jade Road Investments Limited (AIM: JADE), an investment company focused on Asia, has announced a plan to transfer its legacy Asian assets to a new entity, Eastern Champion Ltd (SPV). The legacy assets include investments in mining, energy, healthcare, and real estate sectors. The transfer will be done through a conditional agreement, which…
Galapagos NV signs agreement to transfer Jyseleca business to Alfasigma
MECHELEN, BELGIUM: Galapagos NV and Alfasigma S.p.A. today announced that they have signed an agreement to transfer Galapagos’ Jyseleca® (filgotinib) business to Alfasigma, marking a significant milestone in Galapagos’ transformation into an innovative biotechnology company with a best-in-class research and development pipeline aimed at addressing high unmet patient needs in immunology and oncology. The agreement…
Danone signs deal to sell Horizon Organic and Wallaby businesses in the U.S.
PARIS, FRANCE: Danone has signed an agreement to sell its premium organic dairy activity in the U.S. to Platinum Equity, a US-based investment firm. The sale is part of Danone’s portfolio review and asset rotation program the company announced in March 2022, as part of its Renew Danone strategy. In 2022, the US premium organic…
OpenLearning acquires online higher education marketplaces from Prosple
SYDNEY, AUSTRALIA: OpenLearning Limited (ASX: OLL), the AI powered SaaS platform for lifelong learning, has signed a binding business and asset sale agreement to acquire three leading Australian higher education marketplaces, expanding the student acquisition capabilities it offers to customers. Annually, the marketplaces attract over 800,000 users and list over 15,000 courses and degrees from…
Taiba Investment Co. announces new CEO and Managing Director
RIYADH: Taiba Investment Co., a leading Saudi company in the fields of real estate, hospitality, and tourism, has announced the appointment of Mr. Sultan bin Badr Al-Otaibi as its new CEO, effective from January 1, 2024. Mr. Al-Otaibi succeeds Eng. Saleh bin Habdan Al-Habdan, who resigned from his position as CEO and was appointed as…
Level Access to acquire UserWay, a leader in accessibility AI
Level Access, a provider of digital accessibility solutions, has agreed to buy UserWay, a company that uses AI to improve web accessibility for people with disabilities. The deal, expected to close in early 2024, will combine the technologies and expertise of both companies to help more organizations create and maintain accessible digital platforms. UserWay’s software…
LG unveils new Gram Pro laptops with OLED displays and AI features
LG is gearing up for the upcoming CES 2024 event by announcing some exciting updates to its popular Gram series of laptops. The Gram series is known for its lightweight design and powerful performance, and the new models are no exception. Meet the LG Gram Pro and LG Gram Pro 2-in-1 The new additions to…
Apple Hospitality buys Las Vegas hotel for $75 million
Apple Hospitality REIT, Inc. (NYSE: APLE), a real estate investment trust that owns hotels across the US, has acquired the SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million. The 299-room hotel, located near the Las Vegas Strip and the newly expanded Las Vegas Convention Center, offers premium amenities such as a…
Enpro to buy Advanced Micro Instruments (AMI) for $210 million
Enpro Inc., an industrial technology company, announced today that it will acquire Advanced Micro Instruments, Inc. (AMI), a maker of analyzers and sensors that monitor gas quality and reduce emissions. The deal, valued at $210 million in cash, is expected to close in early 2024. AMI, based in Costa Mesa, California, serves customers in various…
EIG to buy Brazilian offshore oil and gas company Ocyan for US$390 million
EIG, a global energy and infrastructure investor, announced today that it has agreed to buy Ocyan, a Brazilian offshore oil and gas solutions provider, from Novonor and BNDES for US$390 million. The deal will help Novonor pay off some of its debt to BNDES, the Brazilian development bank. Ocyan operates four floating production units in…
Things to Look For When Buying a Laptop Bag
You always need a laptop if you live in the digital world. Moving around with your laptop is more convenient when it is in a good bag. A laptop bag is essential whether you work as a professional or a student. Additionally, a dependable laptop bag involves more than just portability. It’s a valuable addition…
How to Choose the Right Size of Diesel Generator for Your Business
Diesel generators are a great option for businesses that need reliable and uninterrupted power supply during emergencies or power outages. Diesel generators have many advantages over other types of generators, such as: However, choosing the right size of diesel generator is not as simple as it may seem. If you choose a generator that is…