LONDON, UK: Kitwave Group plc (AIM: KITW), the delivered wholesale business, has acquired the entire issued share capital of WestCountry Food Holdings, a specialist fresh produce wholesaler to the foodservice sector. The total gross consideration payable for the acquisition is £29.0 million in cash and has been funded from the Group’s current banking facilities and…
Amaero International partners Rabdan for additive manufacturing and powder production in Abu Dhabi
SYDNEY, AUSTRALIA: Amaero International Limited (ASX:3DA) has signed a binding joint venture agreement (JV Agreement) with Rabdan Industries for additive manufacturing and powder production in Abu Dhabi, the United Arab Emirates (UAE). Rabdan is an affiliate of diversified holding company Ethmar Holdings. The JV Agreement provides that Amaero and Rabdan will exclusively partner on additive…
Sukoon Insurance launches ‘Health Extend’ – a unique medical corporate offering
DUBAI, UAE: Sukoon Insurance has launched ‘Health Extend’ – a unique product in the UAE that allows employers to limit their budget while giving employees the freedom to add specific covers according to their own needs. By launching Health Extend, Sukoon Insurance introduces a significant innovation in the UAE market by giving employers a medical…
Lion Selection Group to acquire increases PhosCo holding from 14.8% to 19.9%
SYDNEY, AUSTRALIA: Lion Selection Group has agreed to acquire 14.0M PhosCo shares from the manager. This increases Lion’s PhosCo holding from 14.8% to 19.9%. Through this transaction, Lion Selection Group will increase its exposure to PhosCo, which in Lion’s view has a deep value creation proposition around its Tunisian rock phosphate assets, as the company…
Genesis Minerals and St Barbara Limited will merge to create Hoover House Limited
SYDNEY, AUSTRALIA: Genesis Minerals and St Barbara Limited have entered into a binding Scheme Implementation Deed (SID) under which the two companies will merge to create one of Australia’s leading gold houses, Hoover House Limited. It is intended that Hoover House will be headquartered in Perth, Western Australia with a new strategic plan and five-year…
MOVE Logistics appoints Craig Evans as CEO
AUCKLAND, NZ: MOVE Logistics Group Limited (ASX: MOV) announced the appointment of Craig Evans as Chief Executive Officer. Craig Evans will commence the role from 1 February 2023. Craig has had a stellar career in the logistics sector, including 35 years at Mainfreight, with the last six years as Mainfreight’s New Zealand country manager. Prior…
7 Essential Things For A Successful Brokerage Agent
Are you looking to become a successful brokerage agent? If so, you are in the right place! In this blog post, we will discuss some essential things that you need to know in order to be successful. We will talk about the importance of building relationships with your clients, staying up to date on the…
How Important Is The Internet Performance On Trading?
The internet has become an integral part of society. We use it for everything from communicating with friends and family to shopping and banking. So it’s no surprise that the internet has also become a vital tool for traders. You need access to timely, accurate information to make informed trading decisions. And that’s where internet…
The Complete Guide to Django Development Services and How They are Disrupting Web Development
In this article, we will be discussing the role of Django in the world of web development. We will also be looking at how it has changed the way that companies approach web development. Django is an open-source web framework that is written in Python. It is a high-level programming language that makes it easy…
Ericsson and Apple sign global patent license agreement
LONDON, UK: Ericsson (NASDAQ: ERIC) and Apple have reached a multi-year, global patent license agreement between the two companies. The agreement includes a cross-license relating to patented cellular standard-essential technologies and grants certain other patent rights. Furthermore, Ericsson and Apple have mutually agreed to strengthen their technology and business collaboration, including in technology, interoperability and…
INPP to acquire infrastructure investments in New Zealand
LONDON, UK: International Public Partnerships Limited (INPP) has agreed binding terms to acquire five infrastructure investments in New Zealand for c. NZD 200 million from Morrison & Co managed Public Infrastructure Partners. The acquisition marks the Company’s first investment in New Zealand and will provide further diversification of INPP’s investment portfolio as well as a…
Aggreko Limited offers to acquire Crestchic Plc for £122 million
LONDON, UK: The boards of Aggreko Limited and Crestchic Plc have reached agreement on the terms and conditions of a recommended cash offer to be made by Aggreko for the entire issued and to be issued ordinary share capital of Crestchic. Under the terms of the offer, Crestchic shareholders will be entitled to receive: 401…