Rite Aid, the struggling drugstore chain, has filed for Chapter 11 bankruptcy protection and announced a plan to restructure its debt and close underperforming locations. The company said it reached a deal with creditors on a $3.45 billion financing package…
SYDNEY, AUSTRALIA: SkyCity Entertainment Group Limited (SkyCity) announced today that its Chief Executive Officer, Michael Ahearne, will resign from his position by the end of March 2024 and move back to Europe with his family. Michael joined SkyCity in December…
LONDON, UK: Seeing Machines Limited has signed a Purchase Agreement and Statement of Work with Collins Aerospace, a Raytheon Technologies (NYSE: RTX) business, and a leader in technologically advanced and intelligent solutions for the global aerospace and defence industry. This…
LONDON, UK: Safestay Plc (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, has agreed to acquire a freehold property in the centre of Edinburgh, which until a few years ago operated as a hostel, for…
LONDON, UK: Orosur Mining Inc., a minerals explorer and developer with operations in Colombia, Argentina and Brazil, has announced a joint venture agreement with Jurassic Mines Ltd. to explore for lithium in Nigeria. The company believes that Nigeria has great…
LONDON, UK: Corcel Plc, the Angolan focused exploration and production company, has received a revised offer from Integrated Battery Metals (IBM) to purchase the company’s 41% interest in the Mambare nickel/cobalt project. IBM has conditionally agreed to purchase Corcel’s 41%…
SYDNEY, AUSTRALIA: Genesis, a mining company, wants to buy all the shares of Dacian, another mining company, that it does not own yet (about 80% of Dacian’s shares). Genesis has made a formal offer to Dacian’s shareholders, which has been…
Ferrari, the Italian maker of luxury sports cars, has announced that it will accept cryptocurrency payments for its vehicles in the U.S. and soon in Europe, following requests from its wealthy customers. The company said that it has partnered with…
Bowman Consulting Group Ltd., a national engineering services firm, has announced the acquisition of Dennis Corporation, a civil engineering, surveying and construction management firm based in Columbia, SC. Dennis Corporation provides a range of services for public and private sector…
FLORIDA: Sigma Additive Solutions, Inc. (NASDAQ:SASI), a 3D printing software company, has announced a definitive agreement to acquire NextTrip Holdings, Inc., a travel technology company, in exchange for shares of Sigma common stock. Sigma will also sell its quality assurance…
TEXAS: Ennis Inc. (NYSE: EBF) announced its acquisition of Eagle Graphics Inc. from Annville, PA and Diamond Graphics Inc. from Bensalem, PA. Since 1976, Eagle Graphics has specialized in fulfilling the commercial printing needs of its customers. Some of Eagle…
LUXEMBOURG: SES, a leading provider of global content connectivity solutions, has appointed Adel Al-Saleh as the company’s Chief Executive Officer, effective February 2024. Since January 2018, Al-Saleh has been CEO at T-Systems International GmbH, the integrated IT services provider and…