HSBC, the FTSE 100 lender, has announced the establishment of a new global division called Innovation Banking, signaling its entry into the technology and life sciences sectors. The initiative includes the integration of the former UK arm of Silicon Valley Bank (SVB), which HSBC rescued earlier this year. The launch of Innovation Banking took place…
Tremor International announces rebranding as Nexxen, unifying products and platforms
LONDON, UK: Tremor International Ltd., a global leader in data-driven video and Connected TV advertising technology, has unveiled a comprehensive rebranding initiative that consolidates its portfolio under the unified brand name Nexxen. The strategic move aims to streamline operations and enhance the company’s ability to deliver effective and targeted advertising solutions across all screens, with…
Nasdaq to buy financial software firm Adenza for $10.5 billion
Nasdaq (NDAQ.O) has agreed to buy financial software firm Adenza from private-equity firm Thoma Bravo for $10.5 billion in a cash and stock deal, it said on Monday. The deal is expected to help growth at the stock exchange operator, which is trying to diversify and reposition itself as a financial technology company under Chief…
Antin’s Flagship Fund announces voluntary offer to acquire Opdenergy Holding S.A.
PARIS, FRANCE: Antin‘s Flagship Fund V, represented by GCE Bidco, has made a voluntary cash tender offer to acquire all shares of Opdenergy Holding S.A., a well-established renewable energy developer and producer. The transaction, valued at EUR 866 million, signifies Antin’s commitment to supporting Opdenergy’s growth and its ambition to become a leading global renewable…
Corcel Plc sells Wowo Gap nickel project in Papua New Guinea
LONDON, UK: Corcel Plc , the pan Angolan / Brazilian Oil and Gas company with interests in battery metals mining and oil and gas, has announced its formal dispute of the previously announced pre-emption of Mambare. In addition, the company has sold its 100% interest in the Wowo Gap nickel project in Papua New Guinea…
Novartis to acquire Chinook Therapeutics for $3.5 billion
Novartis, the Swiss pharmaceutical giant, has announced its agreement to acquire Chinook Therapeutics, a biotech firm based in Seattle, in a deal valued at up to $3.5 billion. The acquisition aims to bolster Novartis’ late-stage drug development pipeline by adding a promising new treatment for a rare and severe kidney disease. The transaction will take…
Microsoft Unveils New Xbox Series S Console Option with 1 TB Storage
During the Xbox Games Showcase held in June 2023, Microsoft made an exciting announcement for gamers eagerly awaiting new console options. The tech giant revealed the introduction of a new variant of the Xbox Series S console, aimed at buyers looking to enter the Xbox ecosystem or those seeking an additional “S” model to accompany…
SES Announces CEO Steve Collar’s Departure and Appointment of Interim CEO
PARIS, FRANCE: SES, a global satellite communications company, has announced that Steve Collar, the Chief Executive Officer (CEO), will be stepping down at the end of June 2023 to pursue new professional and personal endeavors. The search for a successor is currently underway, and in the interim, Ruy Pinto, the Chief Technology Officer of SES,…
Al Ansari Exchange on track to open 15 new branches across UAE
UAE, DUBAI: Al Ansari Financial Services’ subsidiary, Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the UAE today announced, after obtaining the necessary approvals, its plan to launch 15 new branches across the UAE before the end of 2023. The physical branch expansion is in line with the Group’s growth…
Inspiration Healthcare Group appoints Alan Olby as Chief Financial Officer
LONDON, UK: Inspiration Healthcare Group plc (AIM: IHC), the global medical technology company pioneering best-in class, specialist neonatal intensive care medical devices, announced the appointment of Alan Olby ACA as Chief Financial Officer and a Director of the Company, effective immediately. Alan Olby is an experienced and commercially focused healthcare CFO, with extensive international and…
Guild Esports signs technical partnership agreement with Fanatec
LONDON, UK: Guild Esports PLC (LSE: GILD), a global teams organisation and lifestyle brand, has signed a technical partnership agreement with Fanatec, a leading provider of simulated racing (sim racing) equipment and hardware designed for both gaming and motorsport. The partnership marks Guild’s entry into sim racing, a fast-growing sector of the esports industry. Fanatec…
ACG announces acquisition of Brazilian mining operations to fortify EV supply chain
LONDON, UK: ACG (formerly known as Appian Capital Advisory) has unveiled its agreement to acquire two profitable mining operations in Brazil, specializing in the production of low-carbon nickel sulphide and copper concentrates. The acquisition aims to bolster the supply chain for electric vehicle (EV) manufacturers in western countries, reinforcing the critical minerals sector. The cash-…