SYDNEY, AUSTRALIA: SRG Global Ltd (ASX: SRG) has acquired Bartek, an engineered products business based in Queensland for $2.6 million. This strategic acquisition is structured as an asset purchase transaction and is effective from 1 December 2022. Bartek has over 20 years’ experience in the Engineered Products Segment with significant expertise in the supply of…
Merger between Digi and Celcom in Malaysia completed
OSLO, NORWAY: Telenor, Axiata and Digi have completed the merger of the telecommunication operations of Celcom Axiata and Digi. The new company will be named Celcom Digi and will continue its Digi listing on Bursa Malaysia. The closing of the transaction represents another step in the execution of the mid-term strategy presented at the Telenor…
IDEX Biometrics and M-Tech to bringing biometric payment cards to the Indian market
OSLO, NORWAY: IDEX Biometrics ASA is bringing biometric payment cards to the Indian market, in partnership with technology provider M-Tech Innovations Ltd. The biometric payment cards are expected to reach the market in 2023. This partnership will provide banks and other smart card issuers with biometric card solutions for the Indian market, a front runner…
XXL ASA appoints Freddy Sobin as Group CEO
OSLO, NORWAY: The Board of Directors of XXL ASA has appointed Freddy Sobin as Group CEO. XXL is a Norwegian sporting goods retailer with brick and mortar stores and online stores in the Nordics and Austria. XXL ASA is the largest and fastest growing sports retailer by revenue in the Nordic region. XXL’s headquarter is…
Handelsbanken finalises sale of operations in Denmark
OSLO, NORWAY: Handelsbanken announced on 20 June 2022 that an agreement had been reached with Jyske Bank A/S regarding the transfer of Handelsbanken’s operations in Denmark. All conditions for the transaction have been met and the assets will be transferred on 1 December 2022. The divestment comprises business relationships with private and corporate customers, 42…
How To Find Good Deals When Shopping On A Budget
The economy is in the dumps, and the cost of living increases every day while our paychecks stay the same. So how can you make ends meet? One answer is to learn how to shop for good deals. It may seem daunting, but with a little know-how, you can save big bucks on everything from…
SEGRO plc announces launch and pricing of a £350 million senior unsecured bond issue
PARIS, FRANCE: SEGRO plc has announced the launch and pricing of a £350 million, 19-year senior unsecured bond issue, priced at 175 basis points above gilts, with an annual coupon of 5.125 per cent. The bond issuance, which was carried out under SEGRO’s Medium Term Note Programme, was almost six times oversubscribed. The proceeds of…
Alumasc announces £7.3 million new contracts in Asia
LONDON, UK: Alumasc, the premium sustainable building products, systems, and solutions group, announced that Gatic, part of the Group’s Water Management division, has been awarded a number of new contracts in Asia, with an aggregate sales value of over £7.3 million. Building on earlier successful projects in the region, these contracts are for the supply…
Elementis plc to sell its Chromium business to Yildirim Group for $170 million
LONDON, UK: Elementis plc, a global specialty chemicals company, has agreed to sell its Chromium business to Yildirim Group for an enterprise value of US$170 million. The transaction includes the transfer of environmental liabilities of $35m and other liabilities of $8m, with the total cash proceeds on completion expected to be around $119m before tax,…
Andrew Belshaw appointed CEO of Gamma Communications
LONDON, UK: Gamma Communications plc, a leading provider of Unified Communications as a Service (“UCaaS”) into the UK and European business markets, announced the appointment of Andrew Belshaw as Chief Executive Officer of the company with effect from 30 November 2022. The appointment of Andrew Belshaw, who was appointed CFO at the time of Gamma…
Kogi Iron Limited to acquire Salar Verde Lithium brine-clay project in Chile
SYDNEY, AUSTRALIA: Kogi Iron Limited (ASX: KFE), to be renamed Macro Metals Ltd, has entered into a binding option term sheet to acquire 100% of the Salar Verde Lithium brine-clay project in Chile. Non-Executive Chairman, Peter Huljich commented: “The Salar Verde Lithium Project represents an exciting opportunity for the company in terms of diversification of…
Carbon Revolution Limited and Twin Ridge Capital Acquisition Corp. agree to merge
SYDNEY, AUSTRALIA: Carbon Revolution Limited (ASX:CBR) and Twin Ridge Capital Acquisition Corp. (NYSE: TRCA), a special purpose acquisition company listed on the New York Stock Exchange, have entered into a binding business combination agreement and accompanying scheme implementation deed. Accordingly, a newly-formed Irish company Poppetell Limited to be renamed Carbon Revolution plc (MergeCo) will acquire…