LONDON, UK: MaxCyte, Inc., a leading cell-engineering company, announced today that Maher Masoud will take over as President and CEO from Doug Doerfler, who will retire on January 1, 2024. Masoud, who currently serves as EVP, Head of Global Business Development and Chief Counsel, will also join the Board of Directors. Doerfler founded MaxCyte in…
AstraZeneca signs deal to acquire Icosavax Inc. for $1.1 billion
LONDON, UK: AstraZeneca has entered into a definitive agreement to acquire Icosavax Inc. (NASDAQ: ICVX), a US-based clinical-stage biopharmaceutical company focused on developing differentiated, high-potential vaccines using an innovative, protein virus-like particle (VLP) platform. Under the terms of the agreement, AstraZeneca, through a subsidiary, will initiate a tender offer to acquire all of Icosavax’s outstanding…
TEAM plc has acquired Neba Wealth and Neba Singapore
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Neba Wealth and Neba Singapore from the 100% shareholder, John Beverley. Neba Financial Solutions Limited (Neba Wealth) is a Labuan, Malaysia regulated network of financial advisers operating in Asian, South and Central…
Begbies Traynor Group has acquired SDL Property Auctions
LONDON, UK: Begbies Traynor Group has completed the acquisition of SDL Auctions Limited, which trades as SDL Property Auctions (SDL). SDL will integrate with Eddisons, the group’s property advisory and transactional services division. SDL is a national firm of property auctioneers, headquartered in Nottingham and employing 46 staff who will all join the group following…
Discover Financial Services names Michael G. Rhodes as new CEO and President
Discover Financial Services (NYSE: DFS) announced today that Michael G. Rhodes, a veteran financial industry executive, will be its new Chief Executive Officer and President, effective on or before March 6, 2024. He will also serve as President of Discover Bank and join the boards of both the Company and the Bank. Michael Rhodes, who…
Vegard Wollan to succeed Svenn-Tore Larsen as Nordic Semiconductor CEO
OSLO, NORWAY: Nordic Semiconductor, a global leader in connectivity solutions, has announced that Vegard Wollan will take over as the new CEO of the company from January 1, 2024. Wollan is a serial entrepreneur and a co-inventor of the AVR microcontroller technology, which he developed into a billion-dollar business at Atmel and later at Microchip…
Norwegian insurance companies, Fremtind Forsikring and Eika Forsikring to merge in 2024
OSLO, NORWAY: Two Norwegian insurance companies, Fremtind Forsikring AS and Eika Forsikring AS, have agreed to merge in 2024, creating a new entity called Fremtind Forsikring. The merger is subject to regulatory approval and the signing of a final transaction agreement. The deal involves the owners of the two companies, SpareBank 1 Gruppen AS, DNB…
Everfuel collaborates with ITOCHU and Osaka Gas for green hydrogen production
HERNING, DENMARK: Everfuel A/S has entered into a strategic collaboration with HyVC ApS (the Japanese consortium), a joint venture between ITOCHU Corporation and Osaka Gas Co., Ltd., with the ambition of accelerating development of green hydrogen production and sharing of related technology, know-how and best-practices. The agreement includes a commitment by the Japanese consortium to…
Incitec Pivot Limited appoints Mauro Neves as CEO and MD
SYDNEY, AUSTRALIA: Incitec Pivot Limited (ASX:IPL) announced that Mr Mauro Neves de Moraes has been appointed as Chief Executive Officer & Managing Director of IPL, following a comprehensive search process. Mauro will assume the CEO & Managing Director role effective 22 January 2024. Incitec Pivot LimitedChairman Mr Greg Robinson said: “We are very pleased to…
Altice USA may sell Cheddar News to Regent LP
Altice USA, the fourth-largest U.S. cable provider, is in talks to sell its financial news streaming service Cheddar News to a private equity firm, Regent LP, CNBC reported. The deal could be worth up to $50 million, depending on Cheddar’s future performance. Cheddar, which targets millennials, was acquired by Altice USA for $200 million in…
Marel appoints Arni Sigurdsson as Chief Executive Officer
AMSTERDAM: Marel today announced that Arni Sigurdsson has been appointed as Chief Executive Officer with immediate effect. Marel (NASDAQ: MAREL; AEX: MAREL) is a leading global provider of advanced food processing equipment, systems, software, and services to the poultry, meat and fish industries. Arni Sigurdsson took over the role of Chief Business Officer and Deputy…
HP’s RTX 4060 gaming PC: A beast of a machine for a bargain price
If you are a gamer looking for a new PC that can handle the latest and greatest games, you might want to check out HP’s RTX 4060 gaming PC. This is a powerful machine that offers a lot of bang for your buck, and it comes with some impressive features that will make your gaming…