LONDON, UK: Boku Inc, a leading provider of global mobile payment solutions, has announced that its Chief Executive Officer, Jon Prideaux, will retire from his role on 31 December 2023. Jon, who has been at the helm of the Company since 2014, will remain on the Board as a non-executive director after his retirement. The…
Mincon Group appoints Tom Purcell as new Chief Operations Officer
LONDON, UK: Mincon Group plc, the Irish engineering group specialising in rock drilling tools and consumable products, has announced the appointment of Tom Purcell as its new Chief Operations Officer (COO) with immediate effect. Tom, who has been with the Group for 24 years in various roles, will oversee the daily operations of the company…
Eurowag exercises call option to acquire additional 18.01% stake in JITpay GmbH
LONDON, UK: W.A.G payment solutions plc (Eurowag), a leading pan-European integrated payments and mobility platform focused on the commercial road transportation (CRT) industry, today announces it has exercised its call option to acquire an additional 18.01% stake in JITpay GmbH, a Germany-based payment service provider specialised in digitalising billing, receivables management and financing for the…
Coats sells European Zips business to Aequita for $1 million
LONDON, UK: Coats Group plc, the world’s leading industrial thread and global footwear component manufacturer, has announced that it has agreed to sell its European Zips business to Aequita, a German family office, for an expected nominal cash consideration of around $1m. The deal, which is expected to close in the third quarter of 2023,…
Exchange rates for GBP against major currencies on July 4, 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 1.1641 Pounds to Euros GBP-USD 1.2687 Pounds to Dollars GBP-NZD 2.0635 Pounds to New Zealand Dollars GBP-AUD 1.9072 Pounds to Australian…
Japan launches new stock index to showcase corporate value
Japan has launched a new stock index on Monday, making it easier for investors to identify corporate value in the equity markets, in a move to strengthen corporate governance reforms in the world’s third-largest economy. The new JPX Prime 150 Index is a curated list of the 150 constituent listings on the Tokyo Exchange, which…
ADNOC Gas awards $1.34 billion contracts for gas pipeline expansion
ABU DHABI, UAE: ADNOC Gas, the world-class integrated gas processing company, has announced the award of $1.34 billion in contracts to Petrofac Emirates LLC and the Consortium between National Petroleum Construction Co. PJSC and C.A.T International Ltd. for the expansion of its natural gas pipeline network. The contracts are part of the sales gas pipeline…
Atos enters into exclusive negotiations for the sale of EcoAct SAS
PARIS, FRANCE: Atos Group, a global leader in digital transformation, today announces that it has entered into exclusive negotiations with Schneider Electric for the sale of 100% of EcoAct SAS and its subsidiaries. With this potential transaction, Atos would secure its divestment program of non-core assets while engaging in a strategic partnership with Schneider Electric…
Sidetrade acquires CreditPoint Software to boost its B2B credit risk management offering
PARIS, FRANCE: Sidetrade, the global leader in AI-powered Order-to-Cash solutions, has announced that it has finalized an agreement to acquire the entire business of CreditPoint Software, a leading provider of real time B2B credit risk management solutions. The deal, which was signed on January 31, 2023, will enable Sidetrade to enhance its solution for B2B…
CACEIS completes acquisition of RBC’s European asset servicing business
LONDON, UK: CACEIS, a subsidiary of the Crédit Agricole group and Santander, and Royal Bank of Canada (RBC) have announced the completion of the sale by RBC and purchase by CACEIS of the European asset servicing activities of RBC Investor Services and its associated Malaysian centre of excellence. The transaction, which has received all required…
Desert Control enters strategic agreement for the Kingdom of Saudi Arabia
SANDNES, NORWAY: Desert Control AS has entered into an agreement with Holistic Earth Advanced Regeneration Technologies SA (H-EART) to become a licensed operator for production, sales, distribution, and implementation of Liquid Natural Clay (LNC) in the Kingdom of Saudi Arabia (KSA). The agreement marks a significant milestone in Desert Control’s transition to a royalty-based licensed…
StrongPoint ASA agrees to acquire Hamari Group
OSLO, NORWAY: StrongPoint ASA has agreed on a share purchase agreement to acquire 100% of the shares in Brand ID Hamari Group Oy (Hamari Group). Completion of the transaction is subject to certain conditions set out in the share purchase agreement. Hamari Group is a retail technology solutions company that provides services and installation of,…