SYDNEY, AUSTRALIA: Universal Stores Holdings (UNI), Australia’s leading youth and young adult fashion retailer, has announced its plans to expand its presence and product range in the face of changing customer spending habits and cost of living pressures. The company, which owns and operates three brands: Universal Store, Perfect Stranger and THRILLS, has reported a…
RGL offers to acquire Rotala Plc at the rate of 63.5 pence/share in cash
LONDON, UK: Rotala Group Limited (RGL) has reached on agreement to acquire Rotala Plc at the rate of 63.5 pence in cash/share valuing the entire issued and to be issued share capital of Rotala Plc at approximately £23.5 million. Rotala Group Limited (RGL) is a private limited company formed specifically for the purpose of the…
How I Survived the Google Helpful Content Update and What You Can Learn from It
Google is constantly updating its algorithms to provide the best user experience and the most relevant information. One of the recent updates that shook the content development and SEO world was the Helpful Content update, which rolled out in October 2023. This update aimed to reward websites and blogs that offer original, helpful, and high-quality…
Leadership change at Goldman Sachs Japan as Masanori Mochida ends 38-year career
TOKYO: A new leadership group for its Japan business has been appointed by Goldman Sachs Group Inc. to succeed a veteran investment banker who is retiring after 38 years of service. The group consists of Shinichi Yokote, Kenro Tsutsumi, Yoshihiko Yano, Etsuko Kobayashi and Shogo Matsuzawa, who will work together to coordinate and oversee the…
Former Twitch CEO Emmett Shear will join OpenAI as its new chief
Former Twitch CEO Emmett Shear will join OpenAI as its new leader, following the abrupt departure of Sam Altman, according to a confirmed report by CNBC. Shear’s appointment comes amid a turbulent weekend at the prominent artificial intelligence startup. On Friday night, OpenAI’s board announced that it had removed Altman from his role and temporarily…
Antin Infrastructure Partners to acquire Consilium Safety Group from Nordic Capital
PARIS, FRANCE: Antin Infrastructure Partners announced that a wholly owned affiliate of its Flagship Fund V has agreed to acquire Consilium Safety Group from Nordic Capital, subject to regulatory approvals. This represents the third investment announced in Flagship Fund V. Founded in 1912 and headquartered in Gothenburg, Sweden, Consilium Safety has an installed base of…
Vinanz and Luxor Technology partner to increase bitcoin miner speeds and margins
LONDON: Vinanz Limited, the London-listed Bitcoin mining company focusing on decentralised Bitcoin mining facilities throughout the US and Canada, strategic partnership with US-based Luxor Technology Corporation to increase Vinanz Limited’s Bitcoin miner’s operational efficiencies, mining hashrate, and operating margins on its North American mining fleet. Vinanz and Luxor Technology have agreed to deploy Luxor’s Firmware…
Solocal Group appoints Cédric Dugardin as Chief Executive Officer
PARIS, FRANCE: The Board of Directors of Solocal Group has decided to appoint Cédric Dugardin as Chief Executive Officer. He will succeed Hervé Milcent who will leave the Group on 21 November 2023. Cédric Dugardin, member of the Bord of Directors of the Group since June 2023, will keep this function. Philippe Mellier, chairman of…
Schroders Capital Global Innovation Trust makes investment in Memo Therapeutics
LONDON: Schroders Capital Global Innovation Trust has made a commitment of CHF 0.9 million (£0.8 million) to Memo Therapeutics AG, a Switzerland-based clinical-stage biopharmaceutical company. The Company participated in Memo’s Series C financing round, which raised CHF 25 million and was led by Pureos Bioventures. Existing investors Swisscanto, Vesalius Biocapital, Adjuvant Capital, Verve Ventures, GF…
Bushveld Minerals agrees to sell half of Vanchem to SPR for US$21.3 million
LONDON: Bushveld Minerals Limited (AIM: BMN), a leading producer of vanadium, a metal used in batteries and steel, has announced that it has signed a definitive agreement to sell 50% of its stake in Bushveld Vanchem (Pty) Ltd (BV) to Southern Point Resources – Fund 1 SA L.P. (SPRF) for up to US$21.3 million. BV…
LSEG appoints Michel-Alain Proch as Chief Financial Officer
LONDON: London Stock Exchange Group (LSEG) announces today that Michel-Alain Proch has been appointed Chief Financial Officer and a member of the Board of LSEG plc. Reporting to David Schwimmer, he will join LSEG on 26 February 2024 before joining the Board as CFO on 1 March 2024, subject to regulatory approval. Following publication of…
Halma Plc has acquired TeDan group of companies for upto $100 million
LONDON, UK: Halma Plc has acquired the TeDan group of companies, comprising the separate companies of TeDan Surgical Innovations, Inc., West Coast Surgical, LLC, Axcess Surgical Innovations, LLC and TeDan Surgical Innovations GmbH. Headquartered in Houston, Texas and Half Moon Bay, California, USA, TeDan is a global leader in innovative surgical access systems, which it…