PARIS, FRANCE: Freelance.com, leader in the relationship between companies and their external talents, announces the completion of the acquisition of 100% of the shares of OpenWork, a specialist in wage portage for the self-employed, mainly present in France and Belgium. The combination allows Freelance.com to consolidate a fragmented wage portage market, to become the leading…
Renold Plc has acquired Davidson Chain for AUD 6 million
LONDON, UK: Renold Plc, a leading international supplier of industrial chains and related power transmission products, has acquired the trading assets of Davidson Chain PTY (Davidson) for a total cash consideration of AU$6 million. Davidson was acquired on a cash free, debt free basis, for a total cash consideration of AU$6 million. The acquisition consideration…
Johnson Service Group acquires Celtic Linen for £27.1 million
LONDON, UK: Johnson Service Group has acquired the entire issued share capital of Harkglade Limited, together with its subsidiaries Celtic Linen Limited and Millbrook Linen Limited. Celtic Linen services the Republic of Ireland’s Healthcare and Hotel, Restaurant and Catering (‘HORECA’) sectors; it is the largest linen supplier to the Republic of Ireland’s Healthcare sector and…
CentralNic Group has acquired Adrenalads LLC for $2.35 million
LONDON, UK: CentralNic Group PLC (AIM: CNIC), a global internet company that helps online consumers make informed choices with privacy-safe, AI-based customer journeys, has announced the purchase of Adrenalads LLC for USD 2.35m in cash. Adrenalads is a premium provider of search and direct navigation traffic from tier-1 countries, specializing in ecommerce platforms. Based in…
Marula Mining signs contract for trial shipment of lithium ore to China
LONDON, UK: Marula Mining (AQSE: MARU), an African focused mining and development company, has announced that it has signed a contract for an initial trial shipment of high-grade lithium ore from the Blesberg Lithium and Tantalum Mine (“Blesberg” or the “Project”) with a Chinese importer and exporter of metalliferous ores. The contract involves the sale…
Sanofi announces changes to its Executive Committee
PARIS, FRANCE: Sanofi, a global biopharmaceutical company, announced today the appointment of three new members to its Executive Committee and the departure of one of its senior leaders. Houman Ashrafian, a renowned scientist and investor, will join Sanofi as Head of Research & Development, starting September 11th, 2023. He will be responsible for advancing Sanofi’s…
Microtest offers to acquire RoodMicrotec N.V. for EUR 28.9 million
DEVENTER, THE NETHERLANDS: Microtest S.P.A. has made an offer to acquire all issued and outstanding shares in the capital of RoodMicrotec N.V. at an offer price of EUR 0.35 translating into EUR 28.9 million. The Offer is currently expected to be completed in the fourth quarter of 2023. The Offer Price represents a premium…
How to Better Manage Shipping Goods in Bulk
Bulk shipping is the process of transporting unpacked goods in large quantities. The process involves storage, loading, and unloading of the goods depending on the carrier used. Goods can be transported through air, land, and sea methods. Bulk cargo is divided into liquid, solid, and break bulk. These goods include grains, coal, crude oil, iron,…
OPPO launches flagship foldable smartphone with Elliptic Labs’ AI virtual proximity sensor
OPPO, one of the leading smartphone makers in the world, has announced the global launch of its flagship foldable smartphone, the Find N3 Flip. The device features a stunning 8-inch OLED display that can fold in half, offering a versatile and immersive experience for users. The Find N3 Flip is powered by MediaTek’s flagship Dimensity…
OGDCL deploy production optimization initiatives, achieves major boost from Siab-1 Well
KARACHI, PAKISTAN: The Oil & Gas Development Company Limited (OGDCL) has achieved a major boost in its hydrocarbon production from the Siab-1 well, located in the Baratai Block of Kohat district, Khyber Pakhtunkhwa province. The well is operated by OGDCL, which has a 97.5% stake in the joint venture, while the Khyber Pakhtunkhwa Oil &…
SailPoint Technologies UK to acquire Osirium Technologies at the rate of 2.35 pence/share in cash
LONDON, UK: SailPoint Technologies UK Ltd has reached an agreement to acquire Osirium Technologies plc at the rate of 2.35 pence/share in cash. It is intended that the acquisition will be implemented by way of a court-sanctioned scheme of arrangement. The acquisition values Osirium’s entire issued, and to be issued, ordinary share capital at approximately…
Hyundai Motor buys 5% stake in Korea Zinc for $398 million
Hyundai Motor Group, the owner of Hyundai, Kia and Genesis brands, has announced that it will buy a 5% stake in Korea Zinc Co., the world’s largest producer of non-ferrous metals. The deal is worth 527.2 billion won ($398 million) and is part of a partnership to create a “nickel value chain” for electric-car batteries….