LONDON, UK: Avacta Group plc (AIM: AVCT), a life sciences company developing innovative, targeted oncology drugs and powerful diagnostics, announced today that it has acquired Coris Bioconcept SRL (“Coris”) for an upfront cash consideration of £7.4 million (on a debt-free/cash-free basis and subject to customary working capital adjustments), with an earnout based on future business…
Iain McCready joins Actual Experience as CEO after regulatory clearance
LONDON, UK: Actual Experience plc (AIM: ACT), the analytics-as-a-service company, confirms that Iain McCready has joined the board of the company as an Executive Director and Chief Executive Officer, effective immediately. Mr McCready’s appointment was announced on 26 May 2023, subject to regulatory due diligence by the company’s Nomad. The company said the due diligence…
TEAM acquires international wealth management firm Globaleye for £4.8 million
LONDON, UK: TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, has acquired the entire issued share capital of Globaleye BVI, the parent company of the Globaleye Wealth Management Group (“Globaleye”) for £4.8 million ($6 million). Globaleye is an international wealth management business, headquartered in Dubai, with five further offices and…
Tinybeans appoints new CEO with digital subscription expertise
SYDNEY, AUSTRALIA: Tinybeans Group Limited (ASX: TNY), the parent company of the popular family photo-sharing app Tinybeans, has announced the appointment of Zsofi Paterson as its new Chief Executive Officer (CEO), effective 17 July 2023. Ms Paterson is an experienced scale-up CEO with a strong track record in building and leading high-performing teams to drive…
Vicinity sells half of Broadmeadows Central for $134.5 million
SYDNEY, AUSTRALIA: Vicinity Centres has agreed to sell a 50% stake in Broadmeadows Central shopping centre in Victoria to Nikos Property Group for $134.5 million, marking its latest move to reshape its portfolio and reduce debt. The deal, announced on Tuesday, values the suburban mall at a premium to its book value as of December…
Exchange rates for GBP against major currencies on June 1, 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 1.1638 Pounds to Euros GBP-USD 1.2429 Pounds to Dollars GBP-NZD 2.068 Pounds to New Zealand Dollars GBP-AUD 1.9088 Pounds to Australian…
New rule to make automatic emergency braking mandatory for all new cars
The National Highway Traffic Safety Administration (NHTSA) announced on Wednesday that it plans to require all new passenger cars and light trucks to have automatic emergency braking systems by 2026. The agency said the new rule will make the braking systems more effective at higher speeds and better at avoiding pedestrians, especially at night. The…
Cadillac GT4 Coupe-SUV Debuts in China
Cadillac has unveiled a new coupe-style SUV called the GT4 for the Chinese market. The GT4 is based on the same platform as the XT4 and XT6, but it has a more stylish and sporty design. It is also the first Cadillac model to be offered with a 33-inch curved display. The GT4 is powered…
How the crypto market can bounce back from its slump
The global cryptocurrency market capitalization stood at $1.2 trillion as of May 31, 2023, down from $2.9 trillion at its peak in November 2021. It is important to note that cryptocurrencies are a new and volatile asset class, and there is a risk of loss when investing in them. Therefore, it is important to do…
ANZ Group welcomes Holly Kramer as new Non-Executive Director
LONDON, UK: The Chairman of the ANZ Group, Paul O’Sullivan announced Holly Kramer will join the Boards of ANZ Group Holdings Limited (ANZ), Australia and New Zealand Banking Group Limited and certain other subsidiaries on 1 August 2023 as a Non-Executive Director, subject to meeting regulatory requirements. Holly Kramer is an experienced Non-Executive Director, having…
Savannah Energy signs gas purchase deal with AMOCON
LONDON, UK: Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter, is pleased to announce that the Company’s 80% indirectly owned subsidiary, Accugas Limited, has entered into a Natural Gas Sales and Purchase Agreement (the “NGSPA”) with Amalgamated Oil Company Nigeria Limited (“AMOCON”) for gas produced in the OML…
Prudential appoints Ben Bulmer as Chief Financial Officer
LONDON, UK: Prudential plc announced the appointment, subject to regulatory approval, of Ben Bulmer as Chief Financial Officer. Mr Bulmer is currently CFO, Insurance and Asset Management, having previously served as Chief Financial Officer of Prudential Corporation Asia. He has extensive experience of the Group, having served in a variety of leadership positions across the…