A bridging loan is a type of financing that allows property owners to access short-term capital quickly. It’s often used by those who need to fund their projects while waiting for longer-term financings, such as a mortgage or loan. In this article, we look at what a bridging loan is, why you might need one,…
NRC Norge Holding signs agreement to sell NRC Gravco and Septik Tank Co to Norva24
OSLO, NORWAY: NRC Norge Holding AS, a wholly owned subsidiary of NRC Group ASA, has entered into a share purchase agreement to sell 100% of the shares in its wholly owned subsidiaries NRC Gravco AS and Septik Tank Co AS to Norva24 AS, the Northern European market leader within underground infrastructure maintenance services (UIM). NRC…
Klaus Andersen appointed as CEO of Tietoevry Banking
OSLO, NORWAY: Tietoevry announced the appointment of Klaus Andersen as CEO of Tietoevry Banking effective 1 February 2023 Tietoevry Banking aims to become an independent listed company. In this new role, Klaus Andersen will have the overall responsibility for the Banking business at Tietoevry, including driving a successful outcome for the ongoing strategic review. He…
Melanie Leighton appointed CEO of Titan Minerals Limited
SYDNEY, AUSTRALIA: Titan Minerals Limited (ASX:TTM) announced the appointment of highly experienced mining and resource sector executive Melanie Leighton as the Company’s new Chief Executive Officer (CEO). Melanie Leighton is a geologist with over 20 years’ experience in the resource sector, spanning multiple commodities, deposits and jurisdictions. She is a founding director of Leighton Geoservices…
Kerry Group to sell its Sweet Ingredients Portfolio IRCA for €500 million
LONDON, UK: Kerry Group has entered into exclusive negotiations to sell the trade and assets of its Sweet Ingredients Portfolio to IRCA, an international leader in chocolate, creams, and other high-quality semi-finished food ingredients, for a consideration of €500 million. The sale is subject to relevant regulatory approvals and routine closing adjustments. Employee consultation and…
5 Mistakes to avoid when choosing a hosting provider
Choosing a hosting provider can be difficult, especially considering how many companies offer hosting plans. Each host will claim they are the best option for your company, but you must filter them out one by one and make the right decision to avoid future problems. To help you out in your selection process, we’ve compiled…
The Information You Need to Collect from the Defendant in an Uber Accident
The ride-share company, Uber, has been a game-changer in transportation in recent years. However, this new and changing industry has its share of litigation. When an accident occurs on a ride-share trip, and your Uber driver is found at fault for negligence or reckless driving, you may be able to file suit against the driver…
ATOME signs finance mandate letter with IDB Invest
LONDON, UK: ATOME Energy (AIM: ATOM), the only pure international green hydrogen and ammonia production company on the London Stock Exchange with current large scale projects in Europe and South America and mobility projects, announced the entry into a mandate letter with the multi-lateral IDB Invest. ATOME has today signed a mandate letter with the…
Oxbotica, autonomous vehicle software leader, raises $140 million in a Series C investment
LONDON, UK: IP Group plc announced that portfolio company Oxbotica Ltd, the global leader in autonomous vehicle software, has raised $140 million in a Series C investment round. Kiko Ventures, IP Group’s cleantech platform, supported the round which included financial and strategic partners from North America, EMEA and APAC, including new investors including Aioi Nissay…
RM plc appoints Mark Cook as CEO
LONDON, UK: RM plc, a leading supplier of technology and resources to the education sector, announced the appointment of Mark Cook as CEO, effective from 16 January 2023. Neil Martin the current CEO will remain an Executive Director of RM to ensure an orderly handover until the preliminary results have been released for the financial…
Cambridge Cognition acquires Toronto based Winterlight Labs for £7.0 million
LONDON, UK: Cambridge Cognition (AIM: COG), which develops and markets digital solutions to assess brain health, announced the acquisition of Winterlight Labs Inc, a leader in monitoring cognitive impairment through free-speech analysis. The total consideration for the acquisition is £7.0 million, comprising a cash payment of £3.0 million and £4.0 million in Cambridge Cognition shares….
Ambertech Limited will acquire distribution business of Convoy International
SYDNEY, AUSTRALIA: Ambertech Limited (ASX:AMO) has reached an agreement to acquire the distribution business of Convoy International. The acquisition represents another important step in executing Ambertech’s strategic growth plan. The consideration for the acquisition is anticipated to be, net cash, in the order of $2.8m-$3.0m, and includes inventory and accounts receivable dependant on valuation at…