PARIS, FRANCE: Antin Infrastructure Partners has invested in a majority stake in PearlX, an owner and operator of fully integrated smart grid infrastructure systems. PearlX provides an innovative solution that decarbonizes existing multi-family rental properties and provides residents with cheaper, cleaner, and more reliable energy. PearlX, founded by Michael Huerta and Peter Mendonez in 2019,…
Mineral Resources Limited secures control of Norwest Energy
SYDNEY, AUSTRALIA: Mineral Resources Limited (ASX: MIN) has secured control of Norwest Energy NL (ASX: NWE) (Norwest) after its voting power in Norwest increased to 53.86%. As a result of MinRes’ voting power in Norwest increasing to more than 50%, the closing date for acceptance of the Revised Offer by Norwest shareholders will be automatically…
WiseTech Global acquires Blume Global for $414 million
SYDNEY, AUSTRALIA: WiseTech Global (ASX:WTC), developer of the leading logistics execution software CargoWise, announced its acquisition of Blume Global, provider of a leading solution facilitating intermodal rail in North America, for US$414 million. Headquartered in the United States, Blume Global is being acquired from funds managed by Apollo, EQT and other minority shareholders. North America…
Bob Belan appointed CEO & MD of Latitude Group Holdings
SYDNEY, AUSTRALIA: Latitude Group Holdings has appointed Mr. Bob Belan as its Managing Director and Chief Executive Officer effective 1 April 2023. Mr Belan’s appointment follows an extensive global search. Mr Belan joined Latitude as Executive General Manager of the Money Division, following the acquisition of Symple Loans in November 2021, having founded that business…
How to Make Your YouTube Experience more enjoyable – 2023 Guide
YouTube is a great platform for discovering new content, catching up on the latest videos, and even participating in online communities. But with all the noise and ads that come with the platform, it can get overwhelming. Here are some easy tips to help make your YouTube experience more enjoyable. Disable Ads Nobody likes ads…
AMCREIT acquires assets of Wesgreen International School
DUBAI, UAE: Al Mal Capital REIT (AMCREIT) announced the acquisition of the real estate assets of Wesgreen International School from Al Batha Real Estate, part of the Al Batha Holdings of Emirate of Sharjah, for a consideration of AED 265 million. The Wesgreen International School comprises two campuses – Muwaliah (main campus) and Al Qaraien…
Hollywood Bowl buys three Canadian bowling businesses for a total of £7.5 million
LONDON, UK: Hollywood Bowl announced the acquisition of HLD Investments Inc. (operating as YYC Bowling & Entertainment), Mountain View Bowl Inc and Wong and Lewis Investments Inc. (operating as Let’s Bowl), three Canadian-based bowling businesses, for a combined total consideration of CAD 12 million (approximately £7.5 million), a news release said. The three entertainment centres…
Dalata Hotel Group purchases a new London hotel for £44.3 million
DUBLIN, IRELAND: Dalata Hotel Group announced the addition of a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park, North London to its hotel portfolio. Dalata Hotel Group is the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe. Under the transaction, Dalata has acquired the entire…
QinetiQ Group appoints Gary Stewart as Chief Executive for Australia Sector
LONDON, UK: QinetiQ Group plc announced the formation of a new Australia Sector and named Gary Stewart as the Sector’s Chief Executive, effective 01 May 2023. Gary Stewart will join QinetiQ from Rheinmetall Defence Australia where he was the Managing Director responsible for strategy and operational delivery in the Asia Pacific region. Gary has a…
TotalEnergies and Corio Generation to jointly develop offshore windfarms in Taiwan
PARIS, FRANCE: TotalEnergies and Corio Generation, two of the world’s leading offshore wind and renewable energy developers, have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, Corio Generation will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement…
Avation Plc sells Boeing 737-800 aircraft
LONDON, UK: Avation Plc (LSE: AVAP), the commercial passenger aircraft leasing company, announced that it completed the sale of a Boeing 737-800 aircraft. Avation is seeking to transition to a modern technology low CO2 fleet. This 13-year-old aircraft was off-lease as it had been repossessed from an airline in COVID-related difficulty. The aircraft was unencumbered…
Zetron Inc agrees to acquire GeoConex LLC
SYDNEY, AUSTRALIA: Zetron Inc., a wholly owned subsidiary of Codan Limited (ASX:CDA), has executed an agreement to acquire 100% of the shares of GeoConex LLC from its founders, both of whom have joined Zetron and will remain in the GeoConex business. Completion has occurred and funds are currently in transit. GeoConex is a leading integrator…