LONDON: H.I.G. European Capital Partners LLP, a private equity firm, has received renewed letters of intent from two major shareholders of DX, a logistics company, to back its possible offer for the company. Gatemore Capital Management LLP and Lloyd Dunn, the CEO of DX, together hold about 31.6 per cent of DX’s shares and contracts…
RTW Biotech agrees to takeover Arix Bioscience plc at the rate of £1.43 per share
LONDON, UK: RTW Biotech Opportunities Ltd has agreed to the terms of a recommended all-share acquisition of Arix Bioscience PLC, to be affected through a scheme of reconstruction and the voluntary winding-up of Arix under section 110 of the Insolvency Act 1986, a notice said. The scheme will combine the assets of Arix with RTW…
United Oil & Gas terminates sale of North Sea Licence
LONDON, UK: United Oil & Gas PLC (AIM: UOG) announced the termination of the Asset Purchase Agreement (APA) with Quattro Energy Limited (Quattro) for the sale of the UK Central North Sea Licence P2519, which contains the Maria discovery in Block 15/18. The long stop date for the satisfaction of the APA conditions was extended…
Cellular Goods open shipping to France and Germany
LONDON, UK: Cellular Goods (LSE: CBX), a UK based company pioneering the use of lab-based and biosynthetic production methods for wellness and sustainability solutions, is pleased to announce that products in its ‘Look Better’ skincare range are now available to purchase for the first time in France and Germany. Cellular Goods has opened sales from…
AstraZeneca and Cellectis partner to accelerate development of next-generation therapeutics
LONDON, UK: AstraZeneca (NYSE: AZN) today announced a collaboration and investment agreement with Cellectis (NASDAQ: CLLS), a clinical-stage biotechnology company, to accelerate the development of next-generation therapeutics in areas of high unmet need, including oncology, immunology, and rare diseases. Under the terms of the agreement, AstraZeneca will leverage Cellectis’ proprietary gene editing technologies and manufacturing…
Halfords to sell 5% stake in Avayler to Bridgestone for $3 million
LONDON, UK: Halfords Group, the UK’s leading provider of Motoring and Cycling products and services, has reached an agreement for the sale of a 5% minority stake in its Avayler business, Avayler Trading Limited, to Bridgestone Americas Inc., a leading global mobility company, and has also agreed the terms of a master commercial agreement with…
Oxford Metrics to acquire Industrial Vision Systems (IVS) for £8.1 million
LONDON, UK: Oxford Metrics plc (LSE: OMG) has entered into an agreement to acquire Industrial Vision Systems Ltd (IVS), specialists in developing machine vision software and technology for high precision, automated quality control systems used across numerous industries. The consideration of £8.1 million is to be funded with existing cash resources and new ordinary Oxford…
Yokogawa Electric invests in TECO 2030 to develop hydrogen fuel cells for industrial use
TECO 2030 launches hybrid/closed loop Future Funnel
Tyler Technologies acquires ResourceX to boost priority-based budgeting solutions
TEXAS: Tyler Technologies, Inc. (NYSE: TYL) bought ResourceX, a company that makes software for better budgeting in the public sector. ResourceX helps governments deal with problems like not enough money and lack of openness. Tyler will add ResourceX’s software to its own products, which will make Tyler’s budgeting solutions more unique and powerful. Chris Webster,…
Aussie Broadband has agreed to buy Symbio Holdings
SYDNEY, AUSTRALIA: Aussie Broadband has agreed to buy Symbio, a cloud-based communication services provider, through a scheme of arrangement. Symbio shareholders will get $2.26 cash and 0.192 Aussie Broadband shares for each Symbio share they own, unless they choose a different option. This values Symbio at $3.01 per share based on Aussie Broadband’s recent share…
Finexia Financial Group appoints Patrick Bell as Chief Executive
SYDNEY, AUSTRALIA: Finexia Financial Group Limited (ASX:FNX) announced the commencement of its planned leadership transition with the appointment of Mr Patrick Bell to the role of Chief Executive effective from 1 November 2023, according to a statement. Patrick Bell joined Finexia in 2020 through the Company’s acquisition of Creative Capital and since that time has…
United Natural Foods names Andre Persaud as new Retail CEO
United Natural Foods, Inc. (NYSE: UNFI), a leading food distributor, today announced that Andre Persaud will join the company as President and Chief Executive Officer of Retail, effective November 6, 2023. Persaud will oversee the company’s two retail banners, CUB and Shoppers Food Warehouse, and report to Sandy Douglas, UNFI’s Chief Executive Officer and President….