LONDON, UK: Gfinity plc (AIM: GFIN), a prominent technology and media company in the gaming industry, has announced the divestment of a 72.5% stake in its subsidiary Athlos to Tourbillon Group UK Limited. Under the agreement, Tourbillon will assume all future liabilities associated with Athlos and provide growth capital to support its future development. Gfinity…
Croma Security Solutions announces sale of Vigilant Security Scotland for £6.5mn
LONDON, UK: Croma Security Solutions Group plc (AIM: CSSG) has reached a conditional agreement to sell its subsidiary, Vigilant Security (Scotland) Limited (“Vigilant”), to M&W Security Limited for a total consideration of £6.5 million. The sale aligns with Croma’s strategic focus on its higher-margin businesses, Croma Locksmiths and Croma Security Systems. The proceeds from the…
Will Self appointed as CEO of MAC II, Driving Financial Solutions for Families
LONDON, UK: London-based financial services company, MAC II, announced today the appointment of Will Self as its new Chief Executive Officer (CEO) and Executive Director. Mr. Self, formerly the CEO of Curtis Banks Group PLC and Suffolk Life, will lead the development and execution of MAC II’s overall company strategy. With an impressive track record…
Associated British Foods agrees to takeover National Milk Records in a £48mn deal
LONDON, UK: AB Agri Limited (an indirect wholly-owned subsidiary of Associated British Foods plc (ABF)) will acquire the entire issued and to be issued ordinary share capital of National Milk Records plc (NMR) at the rate of 215 pence in cash per NMR share. The acquisition values the entire issued and to be issued ordinary…
Team17 Group plc appoints Steve Bell as chief executive officer
LONDON, UK: UK-based global games label and publisher, Team17 Group plc, has announced the appointment of Steve Bell as its new Chief Executive Officer (CEO), effective from January 1, 2024. Bell, who will join the company’s Board as CEO Designate on September 4, 2023, brings a wealth of experience in digital marketing and brand strategy….
Exchange rates for GBP against major currencies on June 6, 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 1.16 Pounds to Euros GBP-USD 1.244 Pounds to Dollars GBP-NZD 2.0451 Pounds to New Zealand Dollars GBP-AUD 1.8675 Pounds to Australian…
Apple Unveils iPadOS 17 with iPhone-Like Features at WWDC 2023
At the Worldwide Developers Conference (WWDC) held on Monday, Apple showcased its upcoming iPad software, iPadOS 17, which brings a host of new features to make the iPad experience more akin to that of an iPhone. With interactive widgets, lock screen customization options, and the inclusion of the Health app, Apple is bridging the gap…
Apple Unveils the Apple Vision Pro: A Revolutionary Mixed Reality Headset
In a highly anticipated announcement at the Worldwide Developers Conference (WWDC), Apple CEO Tim Cook introduced the Apple Vision Pro, a groundbreaking mixed reality headset that blends the virtual and real world for an immersive spatial computing experience. This new device, described as a “new type of computer,” aims to redefine how users interact with…
Your Comprehensive Guide to Preparing for an Unforgettable Camping Trip
Embarking on a camping trip can be a thrilling adventure, allowing you to reconnect with nature and create lasting memories. However, proper preparation is key to ensuring a smooth and enjoyable experience. In this comprehensive guide, we will walk you through the essential steps to prepare for a camping trip, covering everything from choosing the…
Turkish Retailer Trendyol Makes £1 Billion Takeover Bid for ASOS
In a surprising move, Turkish online retailer Trendyol, backed by Chinese giant Alibaba, has submitted a takeover bid worth £1 billion for UK-based online fashion retailer ASOS. The offer, made in December of last year, values ASOS at £10 to £12 per share, significantly higher than its recent closing price of £3.50. According to reports…
Goldman Sachs to acquire Frøy ASA in NOK 6.6 billion deal
OSLO, NORWAY: Goldman Sachs Asset Management, through indirect subsidiary Falcon Bidco AS, has agreed to acquire Frøy ASA, a Norwegian aquaculture services company, in a deal worth NOK 6.6 billion. The transaction is expected to close in the third quarter of 2023. Frøy is a leading provider of transportation and support infrastructure to the aquaculture…
MAXIMA GRUPĖ companies get a new management team
LONDON, UK: MAXIMA GRUPĖ, UAB announced appointment of new general managers for MAXIMA GRUPĖ, UAB and MAXIMA LT, UAB. Effective June 5th, Manfredas Dargužis becomes the new CEO of MAXIMA GRUPĖ, and Jolanta Bivainytė assumes the role of CEO for MAXIMA LT. Manfredas Dargužis, formerly the CEO of AKROPOLIS GROUP, has been appointed as the…