LONDON, UK: Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain and Ireland, announced the completion of three recent bolt-on transactions with a combined enterprise value of up to c.£19 million. In Northern Ireland, the acquisition of Robinson Quarry Masters Limited, a family-run quarrying and concrete block business in County Antrim, has…
FD Technologies partners with AWS to launch cloud-native service for financial analytics
LONDON, UK: FD Technologies, a leading provider of data analytics and streaming solutions, has announced a new partnership with Amazon Web Services (AWS), the world’s most comprehensive and broadly adopted cloud platform, to launch kdb Insights as a fully managed cloud-native service on Amazon FinSpace, AWS’s data management and analytics service for the financial services…
MyHealthChecked launches 20 new at-home tests with Boots UK
LONDON, UK: MyHealthChecked PLC, the consumer home-testing healthcare company, has announced a new agreement with Boots UK Limited, the leading health and beauty retailer and pharmacy group, to launch 20 new at-home self-testing products via boots.com and across Boots stores in Great Britain and Northern Ireland. The new products include 14 different test panels that…
Petrofac led JV selected for $1.5 billion EPC project in Algeria
LONDON, UK: Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corporation (HQC), has received notification of a conditional award by STEP Polymers SPA (100% Sonatrach subsidiary) to execute a significant petrochemical project in Algeria. The total contract value is approximately US$1.5 billion, with Petrofac’s share valued at over US$1…
De La Rue appoints new chairman with 40 years of experience
LONDON, UK: De La Rue plc, the British banknote and security printing company, has announced the appointment of Clive Whiley as its new non-executive chairman of the board, effective immediately. Clive Whiley is a veteran business leader with 40 years of experience in various industries and geographies, and has held several governance positions in regulated…
ASB Bank to merge with its finance subsidiary and take over its debt obligations
LONDON, UK: ASB Bank Limited (ASB), one of New Zealand’s leading banks, has announced that it will merge with its wholly-owned finance subsidiary, ASB Finance Limited (AFL), under the provisions of the Companies Act 1993 (New Zealand). The merger is expected to take effect on 15 June 2023. As a result of the merger, ASB…
Informa Plc to acquire data and media group, Winsight for $380 million
LONDON, UK: Informa Plc has reached an agreement to acquire Winsight, the leading specialist B2B Events, Data and Media Group for the Foodservice market, for an initial enterprise value of $380m, payable in cash. Stephen A. Carter, Group Chief Executive, Informa, said: “Following on from the acquisition of Tarsus, we are delighted to further expand…
Geely invests £234 million in Aston Martin to boost its growth and vision
LONDON, UK: Aston Martin Lagonda Global Holdings plc, the British luxury carmaker, has announced a significant investment from Geely Holding, China’s leading independent automotive group, as part of a new partnership that aims to support Aston Martin’s growth and vision to be the world’s most desirable ultra-luxury British performance brand. Geely has committed approximately £234…
Exchange rates for GBP against major currencies on May 17, 2023
LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.152 Pounds to Euros GBP-USD 1.2488 Pounds to Dollars GBP-NZD 1.996 Pounds to New Zealand Dollars GBP-AUD 1.8746 Pounds to Australian…
Amazon unveils new Echo devices, including Echo Pop and Echo Buds
Amazon has announced a range of new smart audio devices under its Echo brand, including a new speaker, two new smart displays and a new edition of its wireless earbuds. The Echo Pop is a small semi-circle speaker that Amazon says will deliver full sound to small rooms. It also supports Alexa voice commands for…
Incentivio raises $10M to help restaurants drive revenue and guest engagement with AI
BOSTON, MA: Incentivio, a Boston-based provider of an intelligent guest engagement platform for restaurants, today announced that it has closed a $10 million Series A funding round. The round was led by Osage Venture Partners with participation from Ardent Venture Capital and Grotech Ventures. Incentivio’s platform uses AI and machine learning to help restaurants consolidate…
Pantheon Resources raises $22 million in oversubscribed fundraise
LONDON: Pantheon Resources PLC, an oil and gas company focused on onshore operations in the US, including several large projects on Alaska’s North Slope, today announced that its recent fundraise was oversubscribed. The company has decided to increase the size of the fundraise, which when combined with the retail offer, raised gross proceeds of around…