LONDON, UK: NetScientific Plc (AIM: NSCI), the deep tech and life sciences VC investment group, announces that its portfolio company DeepTech Recycling Limited has successfully closed a £1 million fundraising. DeepTech Recycling is a UK deep tech company born out of a global environmental crisis caused by insufficient and unsustainable management of plastic waste. Its…
3i Infrastructure completes €215m sale of its stake in Attero
LONDON, UK: 3i Infrastructure plc has completed the sale of its c.25% stake in Attero, one of the largest waste treatment and recycling companies in the Netherlands. The sale, to Ardian, was announced on 24 July 2023. The net sale proceeds of €215m will be used to partially repay drawings on 3i Infrastructure’s revolving credit…
Maven Capital Partners agrees to acquire Newable Ventures Limited
LONDON, UK: Maven Capital Partners UK LLP, part of Mattioli Woods plc, has entered into an agreement to acquire the entire share capital of Newable Ventures Limited from Newable Capital Group Limited, subject to regulatory approval. This acquisition follows recent discussions between Maven and the Newable Capital Group executive and will allow Maven to expand…
Integrative Life and Integrative Health merge to create Peregrine Health
Two companies that provide mental and behavioral healthcare services have merged to form a new company called Peregrine Health, Inc. (Peregrine). The merger was announced today, along with a $7M Series A fundraising round led by BIP Ventures. Peregrine Health is a combination of Integrative Life Network, LLC (ILN) and Integrative Health Centers, Inc. (IHC)….
Ariel Investments buys 58.5% stake in My Code at $400 million valuation
My Code, a company that provides solutions to brands that want to reach diverse audiences, has sold 58.5 percent stake to Project Black, a private equity fund that aims to create more minority-owned businesses. The deal values My Code at $400 million and allows the existing shareholders, including Falfurrias Capital Partners, to retain a minority…
BlueBet reports strong growth in Australia and US markets
SYDNEY, AUSTRALIA: BlueBet Holdings, a leading online sports betting company, has announced its financial results for the fiscal year 2023, highlighting its strong performance in both Australia and the US markets. According to the company’s CEO, Bill Richmond, FY23 was another strong year for BlueBet, as it continued to achieve significant strategic milestones and make…
T-Mobile Opens New Retail Stores in Texas, Creating Jobs and Expanding Network Coverage
T-Mobile, the leading wireless provider in the United States, has announced the opening of 18 new retail stores across Texas in 2023, as part of its ongoing commitment to serve customers and communities in the Lone Star state. The new stores have created about 120 new jobs for the state, and T-Mobile plans to open…
Dell XPS 15 Laptop Review: A Powerful and Portable Workhorse
If you are looking for a laptop that can handle your professional and personal needs, you might want to consider the Dell XPS 15. This laptop is one of the most popular and well-reviewed 15-inch laptops on the market, and for good reasons. Product Review: Dell XPS 13 – A Portable Powerhouse It offers a…
Johnson & Johnson MedTech acquires Laminar Inc. for an upfront $400 million
NEW BRUNSWICK: Johnson & Johnson MedTech, a division of Johnson & Johnson that focuses on medical intervention solutions, announced today that it has completed the acquisition of Laminar Inc., a privately-held medical device company that specializes in eliminating the left atrial appendage (LAA) in patients with non-valvular atrial fibrillation (AFib). The deal was worth $400…
AbbVie to buy ImmunoGen for $10.1 billion, boosting its oncology portfolio
AbbVie Inc. (NYSE: ABBV) announced today that it has agreed to acquire ImmunoGen, Inc. (NASDAQ: IMGN), a biotechnology company focused on developing antibody-drug conjugates (ADCs) for the treatment of cancer. The deal values ImmunoGen at $31.26 per share in cash, or about $10.1 billion in total. The acquisition will give AbbVie access to ImmunoGen’s flagship…
Samsung Glasses: What to Expect from the Upcoming XR Headset
Samsung is reportedly working on a new headset that will compete with Apple’s Vision Pro in the eXtended Reality (XR) market. The device, dubbed Samsung Glasses, will offer a mix of virtual reality (VR), augmented reality (AR), and mixed reality (MR) experiences. But what exactly will Samsung Glasses look like and how will they differ…
What is a Social Responsibility Norm in Business Strategies?
Social responsibility norms turned from a consideration to a necessity. Nowadays, companies recognize the strong impact of their actions on society and the environment. This shift led to a movement to implement social responsibility norms in businesses’ core values. However, many companies aren’t that familiar with these terms, which is why we’ll explain them one…