SYDNEY, AUSTRALIA: EQ Resources Limited (EQR), an Australian company focused on tungsten mining and processing, announced on Tuesday that it has signed a share purchase agreement (SPA) to acquire Saloro S.L.U., a Spanish company that owns and operates the Barruecopardo tungsten mine, for $25 million. The seller is Tungsten Mining JV S.L.U., a portfolio company…
Light & Wonder to acquire SciPlay Corporation in $1.2 billion deal
SYDNEY, AUSTRALIA: Light & Wonder, Inc. (LNW), a leading developer and publisher of social games, has reached an agreement to acquire the remaining public shares of SciPlay Corporation (SCPL), a provider of casual and casino games, for $22.95 per share in cash, valuing the deal at approximately $1.2 billion. The transaction will make SciPlay a…
Barstool Sports founder Dave Portnoy buys back his media brand from Penn Entertainment
David Portnoy, the outspoken founder of Barstool Sports, is once again the owner of his media brand, after buying it back from Penn Entertainment. The value of the deal, which was announced on Tuesday, was not immediately known. Barstool Sports was valued at $606 million in February, when Penn bought the rest of the company…
Essential Construction Equipment Every Site Needs
Having the right construction equipment is essential for any successful building project. From heavy-duty machine tools to safety gear and specialized materials, having the appropriate supplies on hand can be a lifesaver when unexpected obstacles arise or tight deadlines must be met. But with an ever-expanding list of items to choose from, it’s easy to…
The Best Stock Screeners In 2023
Investing in the stock market has become more accessible than ever before, thanks to the advancement of technology and the availability of various online tools. One such tool that has gained immense popularity among investors is the stock screener. Stock screeners are powerful tools that help investors sift through thousands of stocks to find the…
How Debt Consolidation Can Help You Achieve Your Financial Goals
Navigating the complex world of finance can be a daunting task. Many of us find ourselves grappling with multiple debts, trying to balance our incomes and expenses while striving to achieve our financial goals. One promising strategy to streamline this process is debt consolidation. This approach can simplify your financial landscape, reduce stress, and potentially…
Airtel Africa to list its Uganda unit on the local stock exchange
LONDON, UK: Airtel Africa, a leading provider of telecommunications and mobile money services in 14 African countries, has announced that it plans to list its Uganda subsidiary, Airtel Uganda Limited, on the Uganda Securities Exchange. The company said that it intends to publish a prospectus and float 8 billion ordinary shares, representing 20% of Airtel…
Syrah Resources signs MOU with Samsung SDI for graphite supply
SYDNEY, AUSTRALIA: Syrah Resources Limited (ASX:SYR), an Australian company that produces natural graphite, has announced that it has signed a memorandum of understanding (MOU) with Samsung SDI Co., Ltd., a South Korean company that manufactures lithium-ion batteries, to evaluate the supply of graphite active anode material (AAM) from Syrah’s facility in Louisiana, USA. The MOU…
Catapult launches new video solutions for American football coaches
SYDNEY, AUSTRALIA: Catapult Group International Limited (ASX:CAT), the global leader in performance technology for elite sports, has announced the release of two new video solutions for American football coaches for the upcoming NFL and NCAA seasons. The Catapult Hub and the Scout App are designed to help coaches create and share video-based content and insights,…
Locate2u secures two major contracts for its delivery management software
SYDNEY, AUSTRALIA: Locate2u, a software platform that helps delivery and service businesses improve their efficiency and customer experience, has announced that it has signed two major contracts with Western Australia Return Recycle Renew Limited (WARRRL) and Couriers By Demand Pty Ltd (CBD). The contracts will provide Locate2u with combined incremental annual revenue of about $260,000,…
Perpetual Resources expands its lithium footprint in Brazil
SYDNEY, AUSTRALIA: Perpetual Resources Limited (ASX: PEC), a silica and sand products developer, has announced that it has signed an additional option agreement to acquire three more lithium exploration permits in Brazil. The deal follows the previous option agreement for four lithium permits in the same region, which was announced on 21 July 2023. The…
TPG Capital Asia to buy InvoCare for $1.8 billion in cash
SYDNEY, AUSTRALIA: TPG Capital Asia, a private equity firm, has agreed to buy InvoCare Limited, the largest funeral services provider in Australia, New Zealand and Singapore, for $1.8 billion in cash. The deal was announced on 9 August 2023, after months of negotiations. Under the scheme of arrangement, InvoCare shareholders will receive $12.70 per share…