LONDON, UK: Freya Bidco Limited has agreed to acquire entire issued, and to be issued, ordinary share capital of Dechra Pharmaceuticals at the rate of 3,875 pence in cash for each Dechra share. Freya Bidco Limited is a newly formed company to be indirectly owned by EQT Funds and Luxinva S.A. The acquisition values Dechra’s…
Zenith Energy expands its US presence with Stateside Energy LLC deal
LONDON, UK: Zenith Energy Ltd. (LSE: ZEN; OSE: ZENA), the international energy production company with assets in Africa and Europe, has announced that it has entered into an agreement with Stateside Energy LLC, an Oklahoma-based oil and gas operator, to acquire and operate a portfolio of oil production and development licences in Oklahoma, as well…
Orcoda acquires Future Fleet International to boost its transport logistics solutions
SYDNEY, AUSTRALIA: Orcoda Limited (ASX: ODA) has signed a Share Purchase Agreement to acquire 100% of the shares in Future Fleet International Pty Ltd, a Brisbane-based company that offers advanced fleet management systems, including telematics, asset tracking, driver fatigue and distraction detection technology and cold chain logistics assurance services. The total purchase price for the…
NatWest and Irish government to sell 6% stake in Permanent TSB
LONDON, UK: NatWest Group plc and the Irish government have announced their intention to sell part of their shareholdings in Permanent TSB Group Holdings PLC (PTSB), a leading provider of retail and SME banking in the Irish market. The sale will be done through a placing to institutional investors, with the price to be determined…
Bitcoin, Ethereum, and Other Cryptocurrencies Down on Thursday
Cryptocurrency prices were mixed on Thursday, June 1, 2023, as investors weighed the impact of rising interest rates and inflation on the digital asset market. Bitcoin, the world’s largest cryptocurrency, was down 1.5% at $30,000. Ethereum, the second-largest cryptocurrency, was down 2% at $2,000. Other major cryptocurrencies were also lower, with Solana down 3%, Cardano…
Gold prices today – June 1, 2023
Gold prices opened lower on Thursday, June 1, 2023, as investors weighed the impact of rising interest rates on the yellow metal’s appeal as a safe haven. Spot gold was down 0.2% at $1,962.32 per ounce by 0206 GMT, after falling to its lowest since May 12 at $1,957.10 earlier in the session. U.S. gold…
What Do You Need When Building A New Website?
Building a new website is an exciting endeavor, whether it’s for your business or personal use. However, with the myriad of elements and decisions involved, it can also feel overwhelming. That’s why we’re here to help! In this article, we’ll guide you through the essential steps needed to create a successful website. From defining your…
Nike appoints Jared Carver as Converse CEO
Nike, Inc. (NYSE: NKE) today announced that Jared Carver has been appointed Chief Executive Officer of Converse, effective July 1, 2023. Carver, who has been with Converse for more than a decade, will succeed Scott Uzzell, who has served as CEO since 2019. Carver is a consumer-first leader with a proven track record of success…
Great-West Lifeco sells Putnam Investments to Franklin Templeton for $1.8B
Great-West Lifeco, the parent company of Canada Life, has sold global investment firm Putnam Investments to Franklin Templeton for a potential value of $1.8 billion. The deal, which is expected to close in the fourth quarter of 2023, will see Franklin Templeton acquire Putnam’s $170 billion in assets under management. Putnam has offices in Boston,…
Yojee signs deal with Cargo Compass SA and expands into South Africa
SYDNEY, AUSTRALIA: Yojee Limited (Yojee or the Company) (ASX: YOJ), a cloud-based software as a service (SaaS) logistics platform has announced that it has signed an agreement with Cargo Compass SA in South Africa. Yojee facilitates the flow of freight movements into a single ecosystem, making the complex process of managing land transport simple and…
Edenville Energy Plc secures £1.468 million funding and reshuffles board
LONDON, UK: Edenville Energy Plc (AIM: EDL), an African focused mine operator and developer of the Rukwa Coal to Power Project in Tanzania, has announced that it has raised £1.468 million through direct subscriptions by two African focused mining investment groups, Q Global Commodities Group (QGC) and Gathoni Muchai Investments Limited (GMI), at 5.0 pence…
Spirit Super and CareSuper to merge
Two of Australia’s largest industry super funds, Spirit Super and CareSuper, have announced a merger agreement. The combined entity will have more than 500,000 members and $45 billion in funds under management (FUM). The merger is expected to be completed by the end of 2024. In a joint statement, the chairs of Spirit Super and…