AMSTERDAM: FL Entertainment, a global entertainment leader, has announced the creation of Banijay Events, a live events offering that will leverage its expertise and success in content production and distribution. The new offering will be led by François de Brugada, who will step down as CEO of Banijay France, the country’s undisputed production leader. Banijay…
Al Salam Bank acquires majority stake in Al Salam Bank Algeria
MANAMA, BAHRAIN: Al Salam Bank has announced the acquisition of a majority stake in Al Salam Bank Algeria (ASBA), increasing its shareholding from 37.43% to 53.13%, following the purchase of shares from various shareholders. The acquisition will boost Al Salam Bank’s regional presence and growth prospects, as ASBA is the fastest growing bank in Algeria…
Speedy Hire Plc appoints Paul Rayner as CFO
LONDON,UK: Speedy Hire Plc, the UK and Ireland’s leading provider of tools, specialist equipment and services, announced the appointment of Paul Rayner as Chief Financial Officer (CFO) and executive director with effect from 1 July 2023. Paul joined Speedy in the role of interim CFO with effect from 1 November 2022. His appointment to the…
Volex Plc agrees to acquire Murat Ticaret Kablo Sanayi A.Ş. for up to €178.1 million
LONDON, UK: Volex Plc (AIM: VLX), the specialist integrated manufacturer of critical power and data transmission products, has agreed to acquire the entire issued share capital of Murat Ticaret Kablo Sanayi A.Ş. (Murat Ticaret), a leading manufacturer of complex wire harnesses headquartered in Turkey for a total consideration of up to approximately €178.1 million. Volex…
Good Energy expands its solar installation business with Wessex EcoEnergy acquisition
LONDON, UK: Good Energy Group, the 100% renewable electricity and energy services provider, has acquired the entire issued share capital of Wessex EcoEnergy Limited, an established UK based solar installation business, on a debt free, cash free basis for an initial consideration of £2.5 million. Building on its acquisition of Igloo Works in December 2022,…
Powerhouse Energy Group acquires engineering consultancy Engsolve
LONDON,UK: Powerhouse Energy Group Plc (AIM: PHE), a company pioneering integrated technology that converts non-recyclable waste into low carbon energy, has announced that it has completed the acquisition of the entire outstanding shareholding of the engineering consultancy company, Engsolve Ltd for a cash consideration of £572,000. The acquisition will strengthen PHE’s capabilities in the development…
Exchange rates for GBP against major currencies on June 22, 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 1.1608 Pounds to Euros GBP-USD 1.2755 Pounds to Dollars GBP-NZD 2.0607 Pounds to New Zealand Dollars GBP-AUD 1.8861 Pounds to Australian…
Volaris makes unsolicited offer to acquire EROAD Limited at $1.30/share
SYDNEY, AUSTRALIA: EROAD Limited has today received an unsolicited, non-binding indicative proposal (NBIO) from Brillian APAC Pty Ltd, part of the Volaris Group. The Volaris Group is an operating group of Toronto Stock Exchange-listed Constellation Software Inc. (TSX:CSU). The NBIO from Volaris is seeking to acquire 100% of EROAD’s shares at a proposed price of…
SunRice Group signs deal to acquire 100% of Trukai Industries
SYDNEY, AUSTRALIA: Ricegrowers Ltd (SunRice) announces that it has today entered into a Share Buy-Back Agreement under which it will become the sole shareholder in Trukai Industries Ltd (Trukai). SunRice currently holds 66.23% of the shares issued in Trukai, a company which was incorporated in Papua New Guinea (PNG) in 1970 and which is now…
Mighty Craft CEO & MD Mark Haysman resigns
SYDNEY, AUSTRALIA: Mighty Craft Limited (ASX:MCL) notified that Mr Mark Haysman has tendered his resignation as CEO and Managing Director effective on 3 July 2023 and as Director of the Company effective immediately. Mr Mark Haysman said: “Mighty Craft has made significant progress on its expansion and diversification strategy over the past few years. This…
Beston Global Food to discontinue, divest non core businesses
SYDNEY, AUSTRALIA: Beston Global Food Company (ASX:BFC) intends to discontinue and divest its Provincial Food Group (PFG) meat and plant-based meats secondary process business, its Aqua-Essence water assets and business and its Technology business. The sudden and dramatic escalation in inflationary pressures in Australia over recent months (particularly around energy prices, insurance costs and interest…
Helloworld Travel to acquire Express Travel Group for $70 million
SYDNEY, AUSTRALIA: Helloworld Travel Limited (ASX: HLO) has agreed to acquire 100% of Express Travel Group (ETG) in Australia and New Zealand from current owners Tom Manwaring and Sintack Pty Ltd for $70 million. Founded as Orient Express Travel Group in 1983, Tom Manwaring joined in 2000 after 29 years with Cathay Pacific and took…