LONDON, UK: Hunting PLC (LSE:HTG), the global engineering group, has signed a collaboration agreement with CRA-Tubulars BV (“CRA”) to develop energy transition market opportunities in North America, using CRA’s novel Titanium Composite Tubing (“TCT”) technology. TCT is a corrosion-resistant and lightweight tubular technology for the upstream oil and gas industry, which can also enable carbon…
UKOG to resume oil production at Avington field
LONDON, UK: UK Oil & Gas PLC (London AIM: UKOG) has announced that it has agreed with its partners to restart oil production at the Avington field. The field was shut-in in 2017, after producing only 0.47% of the estimated 59 million barrels of oil in the ground. The company believes that there is still…
Kelso Group updates on THG investment, sees value in nutrition division
LONDON, UK: Kelso Group, the main market listed investment company, has updated its shareholders on its investment in THG Plc (“THG”), the online retailer and technology group. Kelso confirmed that it owns 8.0 million shares in THG, through ordinary shares and CFDs. Kelso is pleased with the significant progress made by THG during 2023, including…
Diploma expands fluid power presence in Europe with DICSA acquisition
LONDON, UK: Diploma PLC, the value-add distribution group, has announced the purchase of Distribuidora Internacional Carmen SAU (“DICSA”), a leading supplier of fluid power solutions to the European aftermarket, for an initial payment of around £170m (€200m). · A quality business: DICSA offers high value to customers with quality product, wide range, technical service, and…
Avingtrans reports strong results and order book, proposes acquisition of Adaptix
LONDON, UK: Avingtrans plc (AIM: AVG), the engineering technology group, has announced a trading update for the financial year ended 31 May 2023, showing results in line with market expectations and a record order book. The group has also secured several contract wins in the nuclear sector, worth over £8 million in total. The group…
RC365 Holding Plc has acquired Mr Meal Production Limited
LONDON, UK: RC365 Holding Plc has acquired 100% of the issued share capital of Mr Meal Production Limited, a company providing a media and advertising services to Hong Kong companies for a total consideration of HK $2 million to be satisfied by a combination of cash and issue of new Ordinary Shares. The Consideration is…
DORE acquires Swedish electricity distributor, Blåsjön Nät AB, for £7 million
LONDON, UK: DORE, a UK-based renewable energy company, has announced the acquisition of Blåsjön Nät AB, a Swedish electricity distribution system operator, for about £7 million. Blåsjön delivers 16-18 GWh of electricity per year to around 1,500 customers in northern Sweden, through a network of 436km of overhead lines and substations. The company operates a…
Domino’s Pizza Group appoints Andrew Rennie as Chief Executive Officer
LONDON, UK: Domino’s Pizza Group Plc announced the appointment of Andrew Rennie as Chief Executive Officer (CEO). Andrew will join as a Director of DPG on 1 August 2023 and will assume the role of CEO with effect from 7 August 2023. Andrew has an extensive career in the Domino’s global system, a deep knowledge…
Exchange rates for GBP against major currencies on July 13, 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 1.1668 Pounds to Euros GBP-USD 1.299 Pounds to Dollars GBP-NZD 2.0525 Pounds to New Zealand Dollars GBP-AUD 1.908 Pounds to Australian…
Mast Energy signs JV deal with institutional investor for flexible power projects
LONDON, UK: Mast Energy Developments PLC, a UK-based flexible power company, has announced that it has signed a joint venture deal with an institutional investor-led consortium, led by Seira Capital Ltd, to develop and operate a portfolio of low-carbon gas generation peaker plants. The deal, worth £5.9 million initially and potentially rising to £31 million,…
RWS buys legal content management firm Propylon for €30.1M
LONDON, UK: RWS Holdings plc, a leading provider of language, content and intellectual property services, has announced that it has bought Propylon Holdings Ltd, a company that offers a content management system for legal and legislative content, for €30.1 million ($33.1 million) in cash. The deal also includes deferred payments of €6.45 million ($7.1 million)…
Beyond Football: Exploring the Ohio State University’s Staggering Budget
By Dylan Callaghan-Croley The Ohio State University is mostly known for its college football program, one of the best and most historic in the world of college football. After all, the Buckeyes are one of the most successful college football programs of all time. After all, the Buckeyes have a 953-331-53 record all-time, have eight…