LONDON, UK: Alumasc Group has agreed to acquire the entire issued share capital of ARP Group (ARP), a manufacturer and distributor of specialist metal rainwater and architectural aluminium goods, for a maximum cash consideration of £10.0m on a cash and debt free basis, and subject to adjustments for normalised working capital. The consideration comprises an…
Exchange rates for GBP against major currencies on July 25, 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 1.1593 Pounds to Euros GBP-USD 1.2837 Pounds to Dollars GBP-NZD 2.0661 Pounds to New Zealand Dollars GBP-AUD 1.8979 Pounds to Australian…
ASX closes slightly lower ahead of big week of economic events
The Australian share market has closed slightly lower on Monday, as investors await a series of key economic events this week, both locally and globally. The S&P/ASX 200 Index (ASX: XJO) edged down 0.1% to 7,306.4 points, while the All Ordinaries Index (ASX: XAO) slipped 0.13% to 7,517.3 points. The market was dragged down by…
Alstom partners with RAILPOOL to supply 50 Traxx Universal locomotives in Europe
PARIS, FRANCE: Alstom, a global leader in smart and sustainable mobility, has signed a contract with RAILPOOL, one of Europe’s leading rail vehicle leasing companies, to supply 50 Traxx Universal multi-purpose locomotives. The contract is valued at up to 260 million euro. The Traxx Universal locomotives are designed to operate for freight and passenger corridor…
TotalEnergies buys 50% stake in Rönesans Enerji to develop renewable projects in Turkey
PARIS, FRANCE: TotalEnergies, a global energy company, has announced that it has acquired a 50% stake in Rönesans Enerji, a Turkish renewable energy company, to jointly develop wind, solar and battery storage projects in Turkey. Rönesans Enerji operates a portfolio of 166 MW hydro assets and has a pipeline of more than 700 MW of…
SAUDIA expands international flights by 15%, achieving significant growth
JEDDAH, SAUDI ARABIA: Saudi Arabian Airlines (SAUDIA) continues to implement its operational plan for Summer 2023 by providing over 7.4 million seats for domestic and international routes during July and August, a 10% increase compared to the same period in 2022. The airline will operate more than 32,400 flights, reflecting a 4% increase. These measures…
Sodexo acquires A.H. Management to expand its convenience solutions in North America
PARIS, FRANCE: Sodexo, a global leader in food and facilities management services, has announced that it has acquired A.H. Management, a premier convenience solutions operator in the Chicago region and Southeast Wisconsin. The acquisition will extend Sodexo’s InReach offerings in the fast-growing North American convenience market. A.H. Management is one of the largest independent operators…
5th Planet Games announces Invincible Presents: Atom Eve, the first original video game in the Invincible universe
OSLO, NORWAY: 5th Planet Games A/S (OAX: 5PG), a video game publisher, has revealed its first original video game in the Invincible universe, Invincible Presents: Atom Eve, at the Comic-Con International: San Diego. The game is based on the award-winning and critically-acclaimed comic book and animated series created by Robert Kirkman, Cory Walker and Ryan…
A Comprehensive Manual on How to Grow Cherry Wine Hemp
The unique aroma, flavor, cannabinoid profile, CBD content, positive effects, and growth features of Cherry Wine hemp have helped it become well known. Additionally, it provides those who use it with a number of potential health advantages. These advantages have made it a favorite among both small-scale and large-scale growers. We will go into great…
Xantippe Resources to buy 25% stake in lithium project in Argentina
SYDNEY, AUSTRALIA: Xantippe Resources Limited (ASX: XTC), a mining company, has announced that it has made a non-binding proposal to acquire a 25% interest in the Fundos del Plata IV lithium project in Argentina, for $5 million. The project is owned by Minera Collasuyo, a subsidiary of Zijin Mining, a Chinese mining giant. The project…
Xantippe Resources to raise $45.9m for lithium acquisition and exploration
SYDNEY, AUSTRALIA: Xantippe Resources Limited (ASX: XTC), a mining company, has announced that it is launching a renounceable entitlement offer to raise up to $45.9 million, to fund its growth plans in the lithium sector. The company said that it intends to use the proceeds of the capital raising to acquire a strategic lithium project…
Insignia Financial sells investment bond business to Australian Unity for $40m
SYDNEY, AUSTRALIA: Insignia Financial Ltd (ASX: IFL), a financial services company, has announced that it has agreed to sell its investment bond business to Australian Unity Ltd (ASX: AYU), a mutual organisation, for up to $40 million. The deal involves the divestment of IOOF Ltd, a friendly society that provides a range of investment bonds,…