LONDON: MaxCyte, Inc. (Nasdaq: MXCT; LSE: MXCT), a leading cell-engineering company, announced the acquisition of SeQure Dx, a market leader in editing assessment services for cell and gene therapies. The acquisition aims to enhance MaxCyte’s offerings in both ex vivo and in vivo cell and gene therapy development. The acquisition will expand MaxCyte’s service portfolio,…
Future plc announced appointment of Kevin Li Ying as Chief Executive Officer
LONDON: Future plc (LSE: FUTR; “Future” or “the Group”), the global platform for specialist media, today announces the appointment of Kevin Li Ying as Chief Executive Officer. The appointment, which follows a thorough search process, will take effect from 31 March 2025 when Kevin will join the Board of Future. Kevin joined Future over 20…
Diageo sells majority stake in Guinness Ghana Breweries to Castel Group for $81 million
LONDON: Diageo has sold its 80.4% stake in Guinness Ghana Breweries to Castel Group for $81 million, marking a strategic shift in its African operations. The deal, announced Tuesday, follows months of speculation about Diageo’s plans in West Africa, which the company had previously denied. Under the agreement, Diageo will retain ownership of the Guinness brand and…
Hargreaves Services plc appoints Simon Hicks as COO and Executive Director
LONDON: Hargreaves Services plc (AIM: HSP) has announced the appointment of Simon Hicks as Chief Operating Officer and Executive Director, starting June 1, 2025. Hicks, who most recently served as CEO of Evero Energy Limited, brings extensive experience in the infrastructure and energy markets. He has held senior positions at Cape plc, Altrad Services, and…
Global Connectivity plc announces further investment in Voneus Limited
LONDON: Global Connectivity plc (AQSE: GCON), a company that focuses on enhancing communication services and technologies, has announced a significant capital investment. On 15 January, shareholders injected a further £6,198,805 into Voneus Limited, a leading UK broadband provider. This investment includes their stake in Rural Broadband Solutions Holdings Limited (RBSHL) and PLUG Group Limited. Previously,…
American Axle & Manufacturing Holdings and Dowlais Group agree to merge
LONDON: American Axle & Manufacturing Holdings Inc. (AAM) and Dowlais Group have reached an agreement on the terms of a recommended cash and share offer by AAM for Dowlais’ entirety of issued and to-be-issued ordinary share capital, marking a significant merger for both companies. The merged entity, referred to as the Combined Group, will emerge…
hVIVO acquires CRS units for €10 million
LONDON: hVIVO plc, a leading human challenge clinical trials organization, has acquired two clinical research units from German CRO CRS Clinical Research Services Management GmbH for €10 million. The Mannheim and Kiel units, known for cardiometabolic, immunology, and renal trials, add 120 beds to hVIVO’s capacity. The acquisition enhances hVIVO’s Phase I and II trials…
Chinese AI startup DeepSeek rivals OpenAI with breakthrough model
DeepSeek limits registrations due to cyber attack What is DeepSeek? DeepSeek aims to develop AI technologies similar to OpenAI’s ChatGPT and Google’s Gemini. By 2021, the startup had acquired thousands of computer chips from U.S. chipmaker Nvidia, crucial for creating powerful AI systems. Who is Liang Wenfeng? High-Flyer, a top-performing Chinese quantitative hedge fund, founded…
Polarean Imaging and SimonMed Imaging announce strategic collaboration
LONDON: Polarean Imaging plc (AIM: POLX), a leader in advanced medical imaging focused on functional MRI of the lungs, has announced a strategic collaboration with SimonMed Imaging, one of the largest outpatient medical imaging providers in the United States, to expand access to Polarean’s cutting-edge Xenon MRI platform. SimonMed Imaging operates over 170 facilities across…
Foresight Group expands through strategic acquisitions and appointments
LONDON: Foresight Group Holdings Limited, a prominent investment manager, has announced several significant developments that will expand its assets under management by over £800 million. Acquisition of WHEB Asset Management Foresight has acquired the trade and assets of WHEB Asset Management LLP, a leader in impact investing based in London. WHEB’s team, including its management,…
Anders Lundstrom appointed CEO of Shield Therapeutics
LONDON: Shield Therapeutics plc (LSE: STX), a commercial stage pharmaceutical company specialising in iron deficiency, announces that Anders Lundstrom has been appointed as Chief Executive Officer (CEO) with effect from 01 February 2025. Anders joined the Board of Shield in May 2021 and was appointed as interim Chief Executive Officer on 24 July 2024. He…
Diversified Energy to acquire Maverick Natural Resources for $1.275 billion
LONDON: Diversified Energy (LSE: DEC; NYSE: DEC), today announced that it has entered into a definitive agreement to acquire Maverick Natural Resources, a portfolio company of EIG for total consideration of approximately $1,275 million. The acquisition combines two complementary asset packages, pairing high-quality Proved Developed Producing weighted production assets with the lowest corporate decline and…