SYDNEY, AUSTRALIA: Platinum Asset Management Limited (ASX: PTM) announced the appointment of Mr Jeff Peters as Chief Executive Officer and Managing Director of the Platinum Group, to lead Platinum through the next phase of its 30-year history. Mr Peters joins…
SYDNEY, AUSTRALIA: AJ Lucas Group announced the appointment of Greg Runge as CEO of Australian Operations effective from January 1, 2024. This appointment follows a thorough search and evaluation process of internal and external candidates, in consultation with an external…
Honeywell, a U.S. industrial giant, announced on Friday that it would acquire the security unit of Carrier, a leading air conditioner maker, for $4.95 billion in cash. The deal, which is the largest for Honeywell’s new CEO Vimal Kapur, will…
FRANKFURT, GERMANY: Permira, the global private equity firm, announced that a company backed by the Permira funds has agreed to acquire GGW Group. GGW Group is one of the leading European insurance brokerage platforms for small and medium-sized enterprises (Mittelstand)…
AMSTERDAM: ArcelorMittal has completed the sale of ArcelorMittal Temirtau, its Kazakh steel and mining operation, to the Qazaqstan Investment Corporation (‘QIC’), a state-controlled direct investment fund. ArcelorMittal and the Government of Kazakhstan had been in discussion for some months to…
LONDON, UK: Longboat Energy, a Norway and Malaysia-based oil and gas company, has announced a deal with Concedo AS to reduce its stakes in two exploration licences on the Norwegian Continental Shelf. The deal will allow Longboat Energy to drill…
LONDON, UK: Schroders Capital’s portfolio company Carmot Therapeutics Inc. has entered into a definitive agreement to be acquired by Roche, a global pharmaceutical company, at a purchase price of $2.7 billion upfront and the potential for $400 million in milestone…
LONDON, UK: IG Group Holdings plc announced the appointment of Breon Corcoran as Chief Executive Officer. He will join the Group on 29 January 2024 and will be a member of the Board, subject to regulatory approval. Breon’s appointment concludes…
PARIS, FRANCE: Bureau Veritas, a world leader in testing, inspection and certification (TIC) services, has announced the reshaping and strengthening of its Executive Committee, effective from January 1st, 2024. The new structure is designed to align the organization with its…
OSLO: Avance Gas Holding Ltd has announced the sale of its two remaining dual fuel newbuildings for $240 million, generating a profit of about $73 million and a cash release of $160 million. The buyer will take delivery of the…
OSLO, NORWAY: Societe Generale, a leading European bank, has announced that it will divest its shares in two of its African subsidiaries: Société Générale Burkina Faso and Banco Société Générale Moçambique. The bank has signed two agreements with Vista Group,…
LONDON, UK: Oxford Biomedica, a leading cell and gene therapy CDMO, has announced a business update for the year ending 31 December 2023. The update highlights the Company’s progress in transforming its operations, expanding its client base, and enhancing its…