ABU DHABI, UAE: Fertiglobe, a joint venture between ADNOC and OCI Global, is the world’s biggest exporter and producer of urea and ammonia, which are used as fertilizers. It also makes green ammonia, which is a clean fuel. Fertiglobe has signed an agreement with AD Ports Group, a company that manages ports and logistics in…
HICL Infrastructure sells Bradford school projects for £37 million
LONDON, UK: HICL Infrastructure, a UK-based investment company, has agreed to sell its stakes in two school projects in Bradford for £37m, which is 8% higher than its last valuation. The deal is expected to be completed by the end of the year. The projects, Bradford Building Schools for the Future (BSF) Phase 1 and…
Mondi agrees to sell Mondi Syktyvkar for €775 million to Sezar Invest
LONDON, UK: Mondi plc has entered into an agreement to sell its last remaining facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities to Sezar Invest LLC for a total cash consideration of RUB 80 billion (approximately €775 million at the current exchange rate) to be paid in a series of…
Diversified Energy Company reshuffles executive team and board of directors
LONDON, UK: Diversified Energy Company PLC (LSE:DEC), a leading producer of natural gas in the United States, announced a series of executive leadership changes on Monday, September 18, 2023. The changes are aimed at ensuring the continued execution of the Company’s long-term strategic vision and delivering value to shareholders. Eric Williams, who served as the…
Elixirr International acquires Responsum Inc. for a maximum consideration $6.4 million
LONDON, UK: Elixirr International plc (AIM:ELIX) announced the acquisition of the entire issued share capital and voting rights of Responsum Inc., a US-headquartered firm which has developed proprietary artificial intelligence software, for a maximum consideration $6.4 million. Responsum helps organisations realise and implement solutions using the latest in AI, machine learning and generative AI models…
TPXimpact Holdings has sold Questers for cash consideration of £7.5 million
LONDON, UK: TPXimpact Holdings PLC (AIM: TPX) has sold Questers Resourcing Limited and Questers Bulgaria EOOD to pwrteams OÜ, the outsourcing and team augmentation business owned by Nortal AS for cash consideration of £7.5m. Questers is based in Sofia, Bulgaria and has around 300 employees who provide cross-border IT support and related services to the…
Pendragon sells UK motor and leasing business to Lithia Motors for £250 million
LONDON, UK: Pendragon Plc, a leading UK automotive retailer, has announced that it has agreed to sell its UK motor and leasing business to Lithia Motors, Inc., one of the largest automotive retailers in North America, for £250 million. The deal includes Pendragon’s brands Evans Halshaw, Stratstone and Car Store, as well as Pendragon Vehicle…
Comparing Commercial Electricity Rates: How to Find the Right Deal for Your Business
Energy costs are a significant expenditure for businesses of all sizes, and finding the right commercial electricity rate can make a substantial difference in your bottom line. With the increasing importance of sustainability and cost-efficiency in today’s business landscape, it’s more crucial than ever to make informed decisions about your energy consumption. In this comprehensive…
CROs Unveiled: 4 Things You Need to Know About Them
When one corporation hires another to take charge of handling its trials and extensive medical testing, the latter is said to have engaged with a Contract Research Organization (CRO), also known as a Clinical Research Organization. By lowering the price tag of R&D, Contract Research Organizations help companies and universities keep up with the ever-changing…
How to Choose the Perfect Gaming Mouse: A Guide to the Top 5 Models in 2023
If you are a competitive gamer, you know how important it is to have the right hardware for your games. You need a fast and reliable PC, a high-quality headset, a smooth and responsive monitor, and of course, a gaming mouse that suits your style and preferences. A gaming mouse can make a huge difference…
Apple Watch X: Everything we know so far about the next-gen smartwatch
Apple fans are eagerly awaiting the next iteration of the Apple Watch, which is rumored to have some major changes in design and features. Here’s what we know so far about the Apple Watch X, or Series X, as it might be called. According to Bloomberg’s Mark Gurman and a research note from Omdia, a…
Apple Mac Mini M2 Review: A Small Wonder
Apple has recently updated its Mac mini line with the new M2 and M2 Pro chips, which offer significant performance improvements over the previous M1 models. The Mac mini is a compact and versatile desktop computer that can handle a variety of tasks, from productivity to gaming. In this review, we will take a closer…