Stash, a New York-based investment and banking app, has secured $40 million in new funding to support its “next phase of growth” and announced a new independent audit chair. The company’s latest round was led by funds and accounts advised…
LONDON, UK: abrdn has agreed to sell its £7.5bn AUM European-headquartered Private Equity business to Nasdaq-listed Patria Investments. The sale is expected to complete in the first half of 2024. Upfront consideration comprises of £60 million of cash; secured deferred…
LONDON, UK: Bruntwood SciTech, a leading UK property provider for the life science and tech sectors, has received £500 million of extra funding and welcomed Greater Manchester Pension Fund (GMPF), the UK’s biggest local authority pension fund, as a new…
LONDON, UK: SkyGem Acquisition Limited, a private company backed by ZQ Capital, has acquired 59.96% of the shares of Allergy Therapeutics for 1 pence per share. As a result of this acquisition, SkyGem is required to make a mandatory cash…
Disposal of group Casino’s stake in Éxito Group PARIS, FRANCE: Casino Group has agreed to sell its 34.05% stake in Almacenes Éxito S.A. (Éxito Group), a leading grocery retailer in Colombia, to Grupo Calleja, the owner of Super Selectos, the…
SYDNEY, AUSTRALIA: Vital Metals Limited (ASX: VML) announced the appointment of mining sector professional Dr Geordie Mark as its Managing Director & CEO. Most recently, Dr Mark was the Head of Mining for Haywood Securities Inc., where he held different…
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%…