LONDON, UK: Downing Renewables & Infrastructure Trust plc [DORE] has signed an agreement to acquire Mersey Reactive Power, a UK-based, fully operational 200 MVAr shunt reactor for a cash consideration of c.£11.0 million. Completion is subject to Ofgem approval. This investment will be made using the Company’s £40 million revolving credit facility and is forecast…
Psych Capital acquires Shortwave Pharma to expand eating disorder treatment portfolio
LONDON, UK: Psych Capital PLC, a leading global investment firm specializing in the healthcare sector, has announced that it has acquired 100% of the issued share capital of Shortwave Pharma Inc., a biopharmaceutical drug-development company. The acquisition will expand Psych Capital’s pharmaceutical portfolio to address the growing market for eating disorders. Shortwave Pharma is a…
Coca-Cola HBC to acquire Finlandia Vodka brand for $220 million
LONDON, UK: Coca-Cola HBC AG announced today that it has reached an agreement to acquire Finlandia vodka brand from Brown-Forman Corporation. The deal, valued at $220 million, is expected to close in the second half of 2023. Finlandia is a leading vodka brand in Central and Eastern Europe, with annual volumes of 2.7 million 9L…
Spectris plc acquires MicroStrain Sensing Systems business for $37.6 million
LONDON, UK: Spectris plc (SXS: LSE), the expert in providing insight through precision measurement, has signed a purchase agreement to acquire MicroStrain Sensing Systems Business for $37.6 million (£29.4 million). Based in Vermont, MicroStrain is a leading developer of inertial and wireless sensing systems, serving the industrial and aerospace sensing systems market. The business has…
Hansen Technologies announces CEO transition for strategic growth
Melbourne, Australia: Hansen Technologies Ltd (ASX: HSN), a leading global provider of customer care and billing solutions, announced today a planned leadership transition as part of its strategic growth initiatives. The company’s Managing Director and Chief Executive Officer, Andrew Hansen, will be transitioning his operational tasks to Graeme Taylor, the Chief Development Officer and former…
Exchange rates for GBP against major currencies on June 19, 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 1.1721 Pounds to Euros GBP-USD 1.2822 Pounds to Dollars GBP-NZD 2.0598 Pounds to New Zealand Dollars GBP-AUD 1.8675 Pounds to Australian…
Tips For Going To The Lake District
The Lake District is a magical and wonderful region to visit if you love nature. Many people visit the Lake District to relax and unwind. And most of these people know that the place can be magical. Therefore, if you want to visit this place, you will have to plan early. In fact, it is…
Google Winds Down Domain Registrar Business, Squarespace Acquires Assets
Google has announced the winding down of its domain registrar business, which has been operational for nearly a decade. The decision comes as the tech giant aims to refine its focus amidst the global financial and operational reassessments being undertaken by companies worldwide. In an announcement made on June 15, Google revealed that it has…
Intel Announces $4.6 Billion Investment in Semiconductor Facility in Poland
Intel, the U.S. chipmaker, has revealed its intention to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland. This announcement comes as part of Intel’s ambitious multi-billion-dollar investment campaign across Europe, aimed at expanding chip capacity within the region. The move aligns with the European Commission’s efforts to…
UK Regulator Clears Amazon’s Acquisition of iRobot Corp, Roomba Maker
The UK’s Competition and Markets Authority (CMA) has given the green light to Amazon’s $1.7 billion acquisition of iRobot Corp, the renowned manufacturer of Roomba robotic vacuum cleaners. Following a thorough review, the CMA concluded that the deal would not pose any significant competition concerns within the United Kingdom. The CMA justified its decision by…
Exchange rates for GBP against major currencies on June 17, 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 1.1704 Pounds to Euros GBP-USD 1.2824 Pounds to Dollars GBP-NZD 2.0637 Pounds to New Zealand Dollars GBP-AUD 1.8664 Pounds to Australian…
How to Find Reliable Water Sources and Keep Your Water Safe and Clean in Australia
Water is a fundamental resource that is essential for our survival and well-being. In Australia, a country known for its diverse landscapes and harsh climate, finding a reliable water source can be a crucial task. Additionally, ensuring that the water we consume is safe and clean is of utmost importance. In this article, we will…