LONDON, UK: AssetCo, a UK-based asset management company, has announced the sale of its 70% stake in Rize, a thematic ETF specialist, to ARK Invest, a US-based ETF provider. The deal will give AssetCo an up-front payment of £2.625m, a deferred payment of £2.625m and an earn out provision of up to £5.25m over five…
DBAY Advisors to takeover Finsbury Food Group at the rate of 110 pence per share
LONDON, UK: Frisbee Bidco Limited has reached an agreement to acquire entire shares of take over Finsbury Food Group plc (other than the Finsbury Shares held by funds managed by DBAY Advisors Limited) at the rate of 110 pence in cash per share valuing the entire issued ordinary share capital of Finsbury at approximately £143.4…
The Top 5 Best Affordable Laptops in 2023: Reviews and Recommendations
If you are looking for a laptop that can handle your everyday tasks without breaking the bank, you might be interested in the best affordable laptops of 2023. These laptops offer decent performance, features, and battery life for under $1,000, and some even cost less than $500. Whether you need a laptop for work, school,…
Tabular raises $26M in funding to expand data platform
San Jose-based data platform provider Tabular has successfully concluded a funding round, securing $26 million in investment. This round, led by Altimeter Capital and featuring participation from Andreessen Horowitz and Zetta Venture Partners, brings Tabular’s total funding to $37 million. Tabular, founded by former Netflix executives Ryan Blue, Dan Weeks, and Jason Reid, specializes in…
Qualcomm’s New Snapdragon 7s Gen 2 Mobile Platform: What You Need to Know
Qualcomm has recently introduced its latest mobile chipset, the Snapdragon 7s Gen 2 Mobile Platform (SM7435-AB). This announcement adds a new member to the Snapdragon 7 series, alongside the Snapdragon 7 Gen 1 and the Snapdragon 7+ Gen 2. However, it’s worth noting that the newly unveiled chipset is not directly related to the other…
Product Review: Bose’s Latest Headphones Lineup
American audio powerhouse Bose has recently unveiled its latest trio of headphones, featuring the Bose QuietComfort Ultra Headphones, the Bose QuietComfort Headphones, and the Bose QuietComfort Ultra Earbuds. These new releases are set to replace the beloved Bose Noise Cancelling Headphones 700, Bose QuietComfort 45, and Bose QuietComfort Earbuds II. While the QuietComfort Headphones are…
Dékuple Group acquires a majority stake in the consulting agency Le Nouveau Bélier
PARIS, FRANCE: Le Nouveau Bélier, a leading retail advertising strategy consultancy, is joining Dékuple Group, a European player in data marketing. The alliance will create a unique global support offer for retail players, combining Dékuple Group’s data-driven skills with Le Nouveau Bélier’s branding and advertising expertise. The retail marketing sector is expanding rapidly and undergoing…
Comet Ridge signs gas deal with CleanCo to Queensland power station
SYDNEY, AUSTRALIA: Comet Ridge Limited, a gas exploration and development company, has announced a seven-year Gas Sales Agreement (GSA) with CleanCo Queensland Limited, a state-owned low-emission power generator. The GSA is subject to approval from the Queensland Government. The deal will see Comet Ridge supply 3 PJ of natural gas per year to CleanCo’s Swanbank…
Zenith Energy signs third MOU for acquiring oil production asset in
LONDON, UK: Zenith Energy has signed the third MOU with a company incorporated in Kazakhstan to evaluate the potential acquisition of an oil production and development asset. The seller holds a 100% interest in an oil production and development asset located in the Atyrau Region of Kazakhstan. The Potential Acquisition formerly produced from wells drilled…
Veracio acquires Minalyze AB for US$29.3 million
SYDNEY, AUSTRALIA: Veracio Ltd, a subsidiary of Boart Longyear Group Ltd (ASX:BLY), has announced that it has entered into a definitive agreement to acquire Minalyze AB, a Swedish company that specializes in XRF core scanning instruments and software for visualisation of geological data. The deal, which is valued at US$29.3 million, is expected to close…
indie Semiconductor acquires Swiss photonics company EXALOS in a $45 million deal
indie Semiconductor, an Autotech solutions innovator listed on Nasdaq, has announced the completion of its acquisition of EXALOS AG, a privately held Swiss company that specializes in high-performance optical semiconductors. The deal, which was subject to the terms and conditions of a definitive agreement, was valued at approximately $45 million, paid in 6.6 million indie…
Kecia Steelman Becomes President and COO of Ulta Beauty
Ulta Beauty, the largest beauty retailer in the United States, has announced the promotion of Kecia Steelman to President and Chief Operating Officer, effective immediately. Ms. Steelman, who has been with the company since 2014, will oversee all aspects of the company’s operations, strategy, and growth initiatives. Ms. Steelman has been instrumental in leading Ulta…