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…
Multiply Group buys stake in Breakwater Energy for $100 million
ABU DHABI, UAE: Multiply Group, an Abu Dhabi-based investment holding company, has announced that it has acquired a minority stake in Breakwater Energy, a subsidiary of EIG that owns 25% of Repsol E&P, a global upstream oil and gas business. The deal, worth AED 367 million ($100 million), is part of Multiply Group’s opportunistic investment…
Collective raises $50mn to launch AI-driven financial management for solopreneurs
Collective, a platform that provides back-office services for solopreneurs, has raised $50 million in a funding round led by Google’s AI fund, Gradient Ventures. The company plans to use the funds to launch its new AI-driven financial management offering, which aims to help solo business owners with tasks like bookkeeping, payroll and tax filing. Collective…
Samsung launches its largest OLED TV ever, but it uses an LG panel
Samsung has launched its largest OLED TV ever, the 83-inch S90C, but it has a surprising twist: it uses an OLED panel from its rival LG. The TV, which is priced at $5,400 in the US, is the first Samsung OLED TV to use LG’s WOLED technology, while the smaller models use Samsung’s own QD-OLED…
European Lithium sells Australian tenement for $1M to focus on Europe
SYDNEY, AUSTRALIA: European Lithium Limited, a company that explores and develops lithium projects in Europe, has announced that it has agreed to sell its Australian tenement to Moosh Moosh Limited, a BVI registered company, for $1 million in cash or shares. The tenement, located in Northwest Western Australia, is considered a non-core asset by European…