LONDON, UK: Union Jack Oil plc, a UK-based company that produces, develops and explores onshore hydrocarbons, has announced that it has acquired a 3.22% stake in Beacon Energy plc, a full cycle oil and gas company with a portfolio of onshore German assets. The deal, which was completed following Beacon’s recent fundraise, gives Union Jack…
Close Brothers Group agrees to acquire Bluestone Motor Finance
LONDON, UK: Close Brothers Group has reached an agreement to acquire Bluestone Motor Finance (Ireland) DAC (Bluestone Motor Finance), a provider of motor finance in Ireland in a cash deal. The transaction is expected to complete in Q4 2023. Bluestone Motor Finance has originated over €450 million since inception in 2014 and had loans under…
Journeo plc has acquired MultiQ Denmark A/S for a total of €2.5 million
LONDON, UK: Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities, announced the acquisition of the entire issued share capital of MultiQ Denmark A/S for a total consideration of €2.5 million on a debt free cash free basis. MultiQ Denmark is a leading full-service provider…
AssetCo sells stake in Rize ETF Limited stake to ARK Invest
LONDON, UK: AssetCo, a UK-based asset management company, has announced the sale of its 70% stake in Rize, a thematic ETF specialist, to ARK Invest, a US-based ETF provider. The deal will give AssetCo an up-front payment of £2.625m, a deferred payment of £2.625m and an earn out provision of up to £5.25m over five…
DBAY Advisors to takeover Finsbury Food Group at the rate of 110 pence per share
LONDON, UK: Frisbee Bidco Limited has reached an agreement to acquire entire shares of take over Finsbury Food Group plc (other than the Finsbury Shares held by funds managed by DBAY Advisors Limited) at the rate of 110 pence in cash per share valuing the entire issued ordinary share capital of Finsbury at approximately £143.4…
Tabular raises $26M in funding to expand data platform
San Jose-based data platform provider Tabular has successfully concluded a funding round, securing $26 million in investment. This round, led by Altimeter Capital and featuring participation from Andreessen Horowitz and Zetta Venture Partners, brings Tabular’s total funding to $37 million. Tabular, founded by former Netflix executives Ryan Blue, Dan Weeks, and Jason Reid, specializes in…
Qualcomm’s New Snapdragon 7s Gen 2 Mobile Platform: What You Need to Know
Qualcomm has recently introduced its latest mobile chipset, the Snapdragon 7s Gen 2 Mobile Platform (SM7435-AB). This announcement adds a new member to the Snapdragon 7 series, alongside the Snapdragon 7 Gen 1 and the Snapdragon 7+ Gen 2. However, it’s worth noting that the newly unveiled chipset is not directly related to the other…
Product Review: Bose’s Latest Headphones Lineup
American audio powerhouse Bose has recently unveiled its latest trio of headphones, featuring the Bose QuietComfort Ultra Headphones, the Bose QuietComfort Headphones, and the Bose QuietComfort Ultra Earbuds. These new releases are set to replace the beloved Bose Noise Cancelling Headphones 700, Bose QuietComfort 45, and Bose QuietComfort Earbuds II. While the QuietComfort Headphones are…
Dékuple Group acquires a majority stake in the consulting agency Le Nouveau Bélier
PARIS, FRANCE: Le Nouveau Bélier, a leading retail advertising strategy consultancy, is joining Dékuple Group, a European player in data marketing. The alliance will create a unique global support offer for retail players, combining Dékuple Group’s data-driven skills with Le Nouveau Bélier’s branding and advertising expertise. The retail marketing sector is expanding rapidly and undergoing…
Comet Ridge signs gas deal with CleanCo to Queensland power station
SYDNEY, AUSTRALIA: Comet Ridge Limited, a gas exploration and development company, has announced a seven-year Gas Sales Agreement (GSA) with CleanCo Queensland Limited, a state-owned low-emission power generator. The GSA is subject to approval from the Queensland Government. The deal will see Comet Ridge supply 3 PJ of natural gas per year to CleanCo’s Swanbank…
Zenith Energy signs third MOU for acquiring oil production asset in
LONDON, UK: Zenith Energy has signed the third MOU with a company incorporated in Kazakhstan to evaluate the potential acquisition of an oil production and development asset. The seller holds a 100% interest in an oil production and development asset located in the Atyrau Region of Kazakhstan. The Potential Acquisition formerly produced from wells drilled…
Veracio acquires Minalyze AB for US$29.3 million
SYDNEY, AUSTRALIA: Veracio Ltd, a subsidiary of Boart Longyear Group Ltd (ASX:BLY), has announced that it has entered into a definitive agreement to acquire Minalyze AB, a Swedish company that specializes in XRF core scanning instruments and software for visualisation of geological data. The deal, which is valued at US$29.3 million, is expected to close…