AMSTERDAM: MotorK Plc (AMS: MTRK) has entered into advanced negotiations for the acquisition of GestionaleAuto.com, a leading automotive retail solutions provider that serves over 2,000 dealerships in Italy. MotorK and GestionaleAuto.com have both signed exclusive and binding agreements and are working towards a swift completion. Founded in 2004, GestionaleAuto.com is a prominent software as a…
MPC Energy Solutions expands renewable energy development footprint in Latin America
OSLO, NORWAY: MPC Energy Solutions (MPCES), a global renewable energy company, has announced its entry into Panama to enhance its ambition to significantly expand its project pipeline in Latin America. The company will focus on ground-mounted solar PV and has identified sites and grid connection capacity for combined 60-70 MWp, with immediate development works starting….
TotalEnergies launches its largest battery farm in Europe at its Antwerp refinery
PARIS, FRANCE: TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), one of the seven supermajor oil and gas companies, has launched at its Antwerp refinery (Belgium), a battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, equivalent to the daily consumption of close to 10,000 households. This project will be…
Vianet Group acquires US-based inventory software provider, Beverage Metrics Inc
LONDON, UK: Vianet Group plc (AIM: VNET), the international provider of actionable data and business insight through devices connected to its Internet of Things platform (“IOT”), today announced that it has acquired the trade and assets of Beverage Metrics Inc (“BMI”), a Denver, USA based provider of inventory software solutions to the USA hospitality sector,…
Trident Royalties acquires La Preciosa Silver Project royalties from Coeur Mining for $7mn
LONDON, UK: Trident Royalties Plc has announced its acquisition of royalties and a milestone payment over the La Preciosa Silver Project in Mexico from Coeur Mining, Inc. for a total of $7 million in cash. The acquisition will provide Trident with near-term cash flow over an attractive asset and new commodity exposure, adding silver to…
Alpha Growth acquires full ownership of Northstar Group
LONDON, UK: Alpha Growth Plc (LSE: ALGW and OTCQB: ALPGF), a financial services specialist in longevity assets and insurance linked asset management, has announced that it has acquired the remaining 5% minority shareholding in Northstar Group (Bermuda) Limited (“Northstar”), its Bermuda based insurance holding company, for a total consideration of £330,102. The company said it…
Lexington Gold to acquire 76% stake in South African gold explorer, White Rivers Exploration
LONDON, UK: Lexington Gold (AIM: LEX), a gold exploration and development company with projects in North and South Carolina, USA, has entered into conditional agreements to acquire a 76 per cent. stake in White Rivers Exploration Proprietary Limited (“WRE”), a South African company with significant gold assets in the Witwatersrand gold fields. The proposed acquisition,…
BAT plc appoints new Chief Executive as Jack Bowles steps down
LONDON, UK: British American Tobacco (BAT) plc, the world’s largest tobacco company by net sales1, has announced the appointment of Tadeu Marroco as its new Chief Executive, effective from 15 May. He will succeed Jack Bowles, who is retiring after four years in the role and 20 years with the company. Marroco joined BAT in…
Aston Martin to Debut Next-Generation DB on May 24
Aston Martin has announced that it will debut the next-generation DB on May 24. The new car is expected to be a significant departure from the current DB11, with a more aggressive design and a more powerful engine. The teaser images released by Aston Martin show a car with a more angular design than the…
Apple’s M3 Pro Chip to Offer Significant Performance Boost
Apple is reportedly working on a new M3 Pro chip that is expected to offer a significant performance boost over its predecessors. The new chip is said to feature a 12-core processor and an 18-core GPU, which would be a significant increase over the 8-core processor and 14-core GPU found in the M2 Pro chip….
Exchange rates for GBP against major currencies on May 15, 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 1.147 Pounds to Euros GBP-USD 1.2458 Pounds to Dollars GBP-NZD 2.0065 Pounds to New Zealand Dollars GBP-AUD 1.8689 Pounds to Australian…
Summit Minerals acquires high-grade antimony tenements in Morocco
SYDNEY, AUSTRALIA: Summit Minerals Limited (ASX:SUM) has announced the acquisition of an excellent package of antimony tenements in Western Morocco. Through its Moroccan subsidiary, Summit Morocco, the company has acquired six Exploration Licences and has tendered for a seventh. The area acquired is 79 km2 and will grow to 95 km2 should the Company win…