PARIS, FRANCE: TotalEnergies and its partner SOCAR (State Oil Company of the Republic of Azerbaijan) announce the start of production of the first phase of development of the Absheron gas and condensate field in the Caspian Sea, around 100 km south-east of Baku. This first phase connects a subsea production well to a new gas…
DC Two Limited acquires cyber security expert Thomas Cyber
SYDNEY, AUSTRALIA: DC Two Limited (ASX: DC2), a vertically integrated revenue generating data centre, cloud, and software business, has announced that it has signed a binding agreement to acquire the assets and business of Shimazaki Management Group Pty Ltd trading as Thomas Cyber, an established cyber security expert. The acquisition is part of DC Two’s…
Propel Funeral Partners to acquire NZ funeral businesses for A$38 million
SYDNEY, AUSTRALIA: Propel Funeral Partners Limited (ASX: PFP), a provider of funeral and related services in Australia and New Zealand, has announced that it has signed binding legal documents to acquire two long established funeral service businesses and related assets, infrastructure and real estate in New Zealand for up to A$38 million. The acquisitions relate…
Boom Logistics appoints Ben Pieyre as CEO and Managing Director
SYDNEY, AUSTRALIA: Boom Logistics Limited (ASX: BOL), a lifting solutions company, has announced that it has appointed Ben Pieyre as its CEO and Managing Director, effective immediately. Mr Pieyre has been the Interim CEO and a Director of the Company since 15 February 2023, following the departure of former CEO Tony Spassopoulos. During this period,…
Nanobiotix signs deal with Janssen for cancer drug NBTXR3
PARIS, FRANCE: Nanobiotix, a biotechnology company developing nanotherapeutics for cancer, has announced a global deal with Janssen Pharmaceutica NV, one of the Janssen Pharmaceutical Companies of Johnson & Johnson, for its lead drug NBTXR3. NBTXR3 is a potential first-in-class radioenhancer that is being tested in several solid tumor indications, including a global Phase 3 study…
Torqx Capital Partners to acquire Beter Bed Holding for EUR 168 million
UDEN, THE NETHERLANDS: Torqx Capital Partners, a Benelux investment firm, has announced that it has reached conditional agreement to make an all-cash public offer for Beter Bed Holding, the Netherlands’ largest sleep specialist in retail, wholesale and B2B. The offer price is EUR 6.10 (cum dividend) in cash per share, which represents a 107% premium…
Belships sells its ship management business to V.Group and forms strategic partnership
OSLO, NORWAY: Belships, a dry bulk shipping company, has announced that it has sold its 100 per cent shareholding in Belships Management (Singapore) Pte Ltd., a technical and crew management company, to a company in V.Group, a leading global provider of ship management and marine services. Belships has also agreed to sell its owned office…
Deltex Medical launches new device for monitoring blood flow and pressure
LONDON, UK: Deltex Medical Group plc (AIM: DEMG), the global leader in oesophageal Doppler monitoring, has announced the UK and EU launch of its new next generation TrueVue System, a device that measures blood flow and pressure in real time across each heartbeat in a patient. The launch follows the successful independent review of the…
Equipmake powers world’s first long-range electric flying boat
LONDON, UK: Equipmake, the UK-based engineering specialist pioneering the development and production of electrification products across various industries, has announced it has supplied an advanced e-drivetrain system for a world-first long-range electric flying boat. The project, in collaboration with Spirit Yachts and BAR Technologies, features a 35ft electric vessel that uses active retractable foils to…
ITM Power to open new facilities in Germany to support growth in EU market
LONDON, UK: ITM Power, a leading manufacturer of large-scale electrolysers for green hydrogen production, has announced that it will open its new subsidiary, ITM Power Germany GmbH, in Linden, north of Frankfurt, in October this year. The new facilities will have office space for more than 50 employees, and a warehouse with special equipment for…
Sopheon acquires Australian innovation software and consulting firm Prodex
LONDON, UK: Sopheon plc, the InnovationOps software company, has announced the acquisition of the business and assets of Prodex Systems Australasia, a specialist provider of innovation software and consulting based in Brisbane, Australia. Prodex, which has been Sopheon’s reseller in Australia for over a decade, serves customers in the food and beverage, chemicals and mining…
BT Group CEO Philip Jansen to step down within a year
LONDON, UK: BT Group plc, the UK’s leading telecommunications and network provider, has announced that its Chief Executive Philip Jansen plans to leave his role within the next 12 months. Jansen, who joined BT Group in February 2019, has informed the Board of his intention to step down at an appropriate moment over the next…