LONDON, UK: Neon Buyer Limited, backed by Trive Capital Partners LP reached agreement to acquire Ten Entertainment Group plc (TEG) at the rate of 412.5 pence in cash. The acquisition values TEG’s entire issued, and to be issued, ordinary share capital at approximately £287 million on a fully diluted basis. It and implies a multiple…
LOS Group to be acquired and merge into Eqva ASA
OSLO, NORWAY: Eqva ASA and LOS Group have signed a letter of intent for a business combination agreement. The combined entity will have an EV of approximately NOK 620 million. The agreement includes the LOS Group’s 100 percent ownership in LOS Elektro AS and LOS Eiendom Bergen AS, as well as 51 percent ownership in…
Woodside Energy signs 20-year LNG supply agreement with Mexico Pacific
SYDNEY, AUSTRALIA: Woodside Energy Group has signed a sales and purchase agreement (SPA) with Mexico Pacific Limited (Mexico Pacific) to purchase 1.3 million tonnes per annum (Mtpa), equivalent to approximately 18 cargoes per year, of liquefied natural gas (LNG) for 20 years. LNG is expected to play a critical role in the energy transition and…
DTEX Systems appoints Marshall Heilman as new CEO
DTEX Systems, the global leader for insider risk management, has announced the appointment of Marshall Heilman as its new CEO. Heilman will drive the company’s mission to proactively protect global organizations from insider risks, with a focus on operational excellence and customer-centric innovation. Heilman has over 20 years of experience in cybersecurity, engineering, and executive…
WHSP to acquire Perpetual Limited and demerge its asset management business
SYDNEY, AUSTRALIA: Washington H. Soul Pattinson and Company (WHSP), a diversified investment company and a large shareholder of Perpetual Limited, has made an indicative proposal to acquire 100% of Perpetual and demerge its asset management business, Perpetual Asset Management (PAM), to existing Perpetual shareholders. WHSP would retain the other two businesses including Perpetual Wealth Management…
Maxsun launches MegaGamer GeForce RTX 4070: A Beast of a Graphics Card
If you are looking for a graphics card that can handle the latest games and applications with ease, you might want to check out Maxsun’s MegaGamer (MGG) series of add-in-boards. Maxsun is a Chinese brand that is not very well-known outside of its home market, but it has gained some attention for its unique and…
Astro A50 X: The Ultimate Gaming Headset with PlaySync Technology
If you’re looking for a gaming headset that can do more than just deliver immersive sound, you might want to check out the new Astro A50 X from Logitech. This premium headset not only boasts high-quality audio features, but also comes with a unique dock that lets you switch your entire gaming and entertainment setup…
Manufacturers Bank changed its name to SMBC MANUBANK
LOS ANGELES: Manufacturers Bank, a wholly owned subsidiary of SMBC Americas Holdings, changed its name to SMBC MANUBANK. The new name reflects the bank’s strategic vision to transform and expand its commercial banking business, compete in the digital consumer bank space, and further align with SMBC Group. “SMBC MANUBANK reinforces our commitment to invest and…
The Evolution of Face ID Checks: Balancing Convenience and Security
In an era dominated by digital advancements, the way we secure our personal information has undergone a significant transformation. One of the most revolutionary developments in this realm is the implementation of Face ID checks. This cutting-edge technology has not only simplified the authentication process but has also raised important questions about the delicate balance…
Best Summer Drives in Michigan
As the sun peeks over the horizon and the days lengthen, it’s that time again to embrace the lure of open roads and the beauty of the outdoors. Summer is meant for road trips with the windows down, music up, and good times on the horizon. Fortunately for Michiganders, and for those who visit us…
Tripping the Switch: Exploring the Mechanisms and Types of Circuit Breakers
In the world of electrical engineering and home safety, circuit breakers play a pivotal role. These essential electrical devices protect our homes and businesses from electrical overloads and short circuits, preventing potential disasters. If you want to expand your knowledge about circuit breakers, you are at the right place. In this article, we will delve…
Telecom Egypt expects growth in 2024 amid digital transformation
LONDON, UK: Telecom Egypt, the country’s leading telecom operator, announced its outlook for 2024, expressing optimism about its growth prospects and strategic plans. Mohamed Nasr, Managing Director and Chief Executive Officer, commented on the company’s vision and goals for the next year. According to Nasr, Telecom Egypt expects 2024 to be another year of growth,…