LONDON, UK: Drax Group announced the appointment of Andrea Bertone as a non-executive director and Chair Designate of the Company, effective from 24 August 2023. The appointment is in anticipation of the conclusion of Philip Cox’s successful nine-year tenure as…
LONDON, UK: Coro Energy PLC, a South East Asian energy company with a focus on natural gas and clean energy, has announced that it will sell its stake in ion Ventures Holdings Ltd to a private US entity, SLT1 LLC,…
LONDON, UK: Ashington Innovation plc has entered into a non-binding heads of terms agreement with Calon Cardio-Technology Limited, to acquire 100% of the outstanding shares in Calon in an all-share transaction. The acquisition is subject to the completion of the…
LONDON, UK: Intertek Group plc has acquired PlayerLync Holdings Inc., a leading SaaS-based platform which combines mobile learning, operational support and compliance, content management and people engagement in a single application. Post-Covid, corporations around the world have intensified their focus…
LONDON, UK: Cordiant Digital Infrastructure Limited has entered into an agreement to acquire the entire issued share capital of Speed Fibre DAC, Ireland’s leading open access fibre infrastructure provider. Speed Fibre is being acquired from the Irish Infrastructure Fund for…
SYDNEY, AUSTRALIA: AVADA Group Limited (ASX: AVD), a leading traffic management operator in Australia and New Zealand, has announced that it will acquire STA Traffic Management, one of the top five traffic management companies in Victoria. The acquisition will strengthen…
Consumer goods conglomerate Reckitt has revealed its upcoming finance chief transition, with the current CFO, Jeff Carr, set to retire in March. Taking over the financial reins will be Shannon Eisenhardt, currently serving as the finance chief of Nike’s consumer, brand, and…
LONDON: Investment platform Lightyear has launched three high-yield money-market funds for UK retail investors, in collaboration with BlackRock, according to international-adviser. Highlights: · The funds are designed to be a low-risk investment, with a target net asset value of $/€/£ 1 per…
LONDON: Marks and Spencer Group (M&S) is set to regain its place on the FTSE 100 index after four years, following strong share price gains this year. Highlights: · M&S’s strong performance this year has been driven by a number of…
European economies face renewed contraction, marked by a notable decline in business activity throughout August, reaching levels not seen since November 2020. LONDON: The Eurozone’s flash composite Purchasing Managers’ Index (PMI), a key indicator of economic health, stumbled to 47.0…
Kasikornbank, Thailand’s second-biggest lender, is in talks to buy Home Credit Vietnam, a consumer finance provider, in a deal worth up to $1 billion, Reuters reported. The deal would further its push to expand in Vietnam, where it hopes to…
AUCKLAND, NZ: Summerset Group, a leading retirement village operator in New Zealand, has announced the purchase of two new properties in Rolleston (Christchurch) and Mosgiel (Dunedin) for more than $400 million. The company said that the new sites will each…