SYDNEY, AUSTRALIA: Rare Foods Australia, a company that specializes in sustainable seafood products, has announced its plans to diversify its revenue stream by launching a new line of Ocean Cellared wines. The company has also reported a strong demand for its wild Greenlip abalone, which it claims is a world first innovation in the sustainable…
MCM Energy Partners appoints Matthew Chitwood to President
TEXAS: MCM Energy Partners LLC announced the appointment of Matthew Chitwood to President. Mr. Chitwood has been with MCM since 2015 serving as Vice President of Land. Matt directs and oversees a team of landmen, reservoir engineers, and geologists that are specialized in building operated acreage positions that result in best-in-class development projects for MCM….
Retail Food Group agrees to acquire Beefy’s Pies for $10 million
SYDNEY, AUSTRALIA: Retail Food Group Limited (ASX: RFG) has signed an agreement to purchase the trade & assets of Beefy’s Pies including the share capital of Beefy’s Pty Ltd which owns the Intellectual Property for total consideration of $10 million. Established in 1997, Beefy’s is a family-owned business committed to making great quality products. Key…
Kavango Resources buys 15% stake in Pambili Natural Resources
LONDON, UK: Kavango Resources plc (LSE:KAV), a metals exploration company focused on Southern Africa, has acquired a 15% stake in Pambili Natural Resources Corporation (TSX-V:PNN), a gold mining, exploration, and development company active in Matabeleland, southern Zimbabwe. Kavango converted a US$250,000 loan and a US$75,000 premium into common shares in Pambili, which recently completed the…
Accenture has agreed to acquire Bangkok-based Rabbit’s Tale
BANGKOK: Accenture has agreed to acquire Rabbit’s Tale, a Bangkok-based creative and digital experience agency. Recognized as one of Thailand’s most prominent advertising agencies, including being named among the top three agencies of 2022 at the Adman Awards by the Advertising Association of Thailand, Rabbit’s Tale brings credibility in crafting impactful brand strategies, driving digital…
ADM Energy acquires majority stakes in OFX Technologies LLC
LONDON, UK: ADM Energy PLC, a natural-resources investing company, has announced that it has acquired a majority stake in OFX Technologies, LLC, a technology company that provides solutions to the US upstream oil and gas industry. The investment is part of ADM’s strategy to diversify its portfolio and tap into the growing market for oilfield…
Rocket Software agrees to buy AMC business of OpenText for $2.275bn
Rocket Software, a provider of hybrid cloud solutions for mission-critical applications, has agreed to buy the Application Modernization and Connectivity (AMC) business of OpenText for $2.275 billion. AMC is a leader in application modernization tools, including COBOL and host connectivity. The deal will expand Rocket Software’s modernization portfolio and enable customers to run their core…
Pathfinder Minerals likely to acquire Rome Resources Ltd
LONDON, UK: Pathfinder Minerals PLC has entered into non-binding heads of terms regarding a potential acquisition of the entire issued share capital and to be issued share capital of Rome Resources Ltd, which would constitute a reverse takeover under the AIM Rules for Companies. The proposed acquisition remains subject to a number of factors, including…
Spirent Communications wins $15 million deal with global bank for lab automation
LONDON, UK: Spirent Communications plc, a leading provider of test and automation solutions, announced today that it has secured a $15 million contract with a global retail and investment bank to automate its lab and testing capabilities. The deal, which includes $12 million upfront and $3 million for additional services, will enable the bank to…
GSTechnologies signs option agreement to acquire 60% of EasySend Ltd
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into an option to purchase agreement to acquire 60% of the share capital of EasySend Ltd, a Northern Ireland incorporated company operating a cross-border payments business. EasySend is a Financial Conduct Authority (FCA) approved Authorised Payment Institution (API), conducting cross-border payment services. EasySend has a current estimated…
Significance of Facial biometrics in the Financial Institutes
Companies must provide a seamless experience to their clients so that they can retain them for extended periods. They must ensure that the products and services meet the client’s demands. The increased dependence on digital media has increased the number of scams. The biometric systems mitigate these issues by granting access to only real individuals,…
IMCD N.V. agrees to acquire Guangzhou RBD Chemical
ROTTERDAM: IMCD N.V. has signed an agreement to acquire the business of the speciality distribution company Guangzhou RBD Chemical Co., Ltd. in China (RBD). Established in 2004, RBD focuses mainly on the lubricant additives and represents leading global suppliers. It is based in Guangzhou, China, and generated a revenue of approximately CNY 75 million (ca….