LONDON, UK: Vianet Group plc (AIM: VNET), the international provider of actionable data and business insight through devices connected to its Internet of Things platform (“IOT”), today announced that it has acquired the trade and assets of Beverage Metrics Inc (“BMI”), a Denver, USA based provider of inventory software solutions to the USA hospitality sector,…
Trident Royalties acquires La Preciosa Silver Project royalties from Coeur Mining for $7mn
LONDON, UK: Trident Royalties Plc has announced its acquisition of royalties and a milestone payment over the La Preciosa Silver Project in Mexico from Coeur Mining, Inc. for a total of $7 million in cash. The acquisition will provide Trident with near-term cash flow over an attractive asset and new commodity exposure, adding silver to…
Alpha Growth acquires full ownership of Northstar Group
LONDON, UK: Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a financial services specialist in longevity assets and insurance linked asset management, has announced that it has acquired the remaining 5% minority shareholding in Northstar Group (Bermuda) Limited (“Northstar”), its Bermuda based insurance holding company, for a total consideration of £330,102. The company said it…
Lexington Gold to acquire 76% stake in South African gold explorer, White Rivers Exploration
LONDON, UK: Lexington Gold (AIM: LEX), a gold exploration and development company with projects in North and South Carolina, USA, has entered into conditional agreements to acquire a 76 per cent. stake in White Rivers Exploration Proprietary Limited (“WRE”), a South African company with significant gold assets in the Witwatersrand gold fields. The proposed acquisition,…
BAT plc appoints new Chief Executive as Jack Bowles steps down
LONDON, UK: British American Tobacco (BAT) plc, the world’s largest tobacco company by net sales1, has announced the appointment of Tadeu Marroco as its new Chief Executive, effective from 15 May. He will succeed Jack Bowles, who is retiring after four years in the role and 20 years with the company. Marroco joined BAT in…
Aston Martin to Debut Next-Generation DB on May 24
Aston Martin has announced that it will debut the next-generation DB on May 24. The new car is expected to be a significant departure from the current DB11, with a more aggressive design and a more powerful engine. The teaser images released by Aston Martin show a car with a more angular design than the…
Apple’s M3 Pro Chip to Offer Significant Performance Boost
Apple is reportedly working on a new M3 Pro chip that is expected to offer a significant performance boost over its predecessors. The new chip is said to feature a 12-core processor and an 18-core GPU, which would be a significant increase over the 8-core processor and 14-core GPU found in the M2 Pro chip….
Exchange rates for GBP against major currencies on May 15, 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 1.147 Pounds to Euros GBP-USD 1.2458 Pounds to Dollars GBP-NZD 2.0065 Pounds to New Zealand Dollars GBP-AUD 1.8689 Pounds to Australian…
Summit Minerals acquires high-grade antimony tenements in Morocco
SYDNEY, AUSTRALIA: Summit Minerals Limited (ASX:SUM) has announced the acquisition of an excellent package of antimony tenements in Western Morocco. Through its Moroccan subsidiary, Summit Morocco, the company has acquired six Exploration Licences and has tendered for a seventh. The area acquired is 79 km2 and will grow to 95 km2 should the Company win…
Fanatics to acquire PointsBet in $150 million deal
SYDNEY, AUSTRALIA: Fanatics, a sports platform company, has agreed to acquire PointsBet, a sports betting company, in a deal worth $150 million in cash. The acquisition will give Fanatics access to PointsBet’s U.S. operations, which include licenses in 15 states. Fanatics is a privately held company with a valuation of $31 billion. The company has…
Aristocrat Leisure Limited to acquire NeoGames in $1.2 billion deal
SYDNEY, AUSTRALIA: Aristocrat Leisure Limited (ASX: ALL), a global gaming company, announced today that it has agreed to acquire NeoGames S.A. (NASDAQ: NGMS) for $29.50 per share in cash. The deal, which is valued at approximately $1.2 billion, is expected to close in the second half of 2023. NeoGames is a leading provider of end-to-end…
ONEOK to buy Magellan Midstream Partners in $18.8 billion deal
ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into transporting refined products and oil. ONEOK will pay $25 and 0.6670 shares of ONEOK common stock for each outstanding Magellan common unit, representing a premium of…