LONDON, UK: SEED Innovations Ltd, an AIM-listed investment company focused on early-stage health, wellness, and medical cannabis ventures, has successfully sold 2,900 share units in Avextra AG, a German medical cannabis company. The sale generated €2.9 million (£2.45 million) and…
LONDON, UK: Graft Polymer (LSE: GPL), a specialty chemicals company specializing in modified and alloyed polymers and bio-polymer solutions, has signed a significant research and development (R&D) agreement with the Slovenian Faculty of Polymer Technology (FTPO). Under this year-long partnership,…
LONDON, UK: The Restaurant Group (TRG) has announced that it has agreed to sell its Leisure business, which includes 75 Frankie & Benny’s and Chiquito sites, to the Big Table Group for £7.5m. The deal is expected to be completed…
LONDON, UK: Rainbow Rare Earths has entered into a strategic supply agreement with Less Common Metals Ltd (LCM) to be a supplier of the magnet separated rare earth oxides neodymium and praseodymium (NdPr), dysprosium (Dy) and terbium (Tb). These are…
LONDON, UK: Big Table Group, the owner of Cafe Rouge, is in talks to buy the Chiquito’s and Frankie and Benny’s chains from The Restaurant Group (TRG), according to a Sky News report. The report said that TRG, which also…
Asbury Automotive Group, Inc. (NYSE: ABG), one of the U.S.’ largest automotive retail and service companies, has agreed to buy Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S., in one of the most sizable deals…
Autonomy, the nation’s largest electric vehicle subscription company, has announced that it will acquire the technology, assets and customer accounts of EV Mobility, LLC., the leading all-electric vehicle car-sharing platform. The deal will allow Autonomy to offer flexible access to…
To secure regulatory approval for its planned $25-billion acquisition of Albertsons, Kroger announced on Friday that it would sell more than 400 of its grocery stores to C&S Wholesale Grocers. The deal would bring Kroger about $1.9 billion in cash….
LONDON, UK: Concord Cadence Limited has agreed to takeover Round Hill Music Royalty Fund (RHM) at the rate of $1.15/share translating into $468.8 million. Round Hill Music shareholders will receive the dividend of $0.01125 per RHM Share in respect of…
Boeing’s Chief Financial Officer, Brian West, has disclosed that a manufacturing defect discovered last month in the Boeing 737 MAX is expected to have a significant impact on the company’s operations. This defect is likely to reduce the delivery rate…
Aldi, the discount supermarket chain, revealed its bold strategy to introduce 500 additional stores across the United Kingdom on Thursday. This announcement coincided with the grand opening of the company’s 1,000th store in the town of Woking, Surrey. The decision…
PALO ALTO: Inceptive, a pioneering startup dedicated to harnessing the power of artificial intelligence for the development of innovative drugs and vaccines, has successfully secured a substantial $100 million in funding. Co-founded by former Google AI researcher Jakob Uszkoreit, a…