Avaada Group has raised $1.07 billion in funding as part of an ongoing $1.3 billion fund raise plan. The funding comes from Brookfield Renewable’s Brookfield Global Transition Fund (BGTF), which will invest up to $1 billion in Avaada Ventures Private Limited, and Global Power Synergy Public Company Limited, which will invest $68 million in Avaada…
OPPO Reno 10 Pro+ spotted on 3C certification site ahead of launch, confirms 100W fast charging
Chinese smartphone maker OPPO is set to launch its new OPPO Reno 10 series in the coming weeks. The lineup is said to feature three devices – the OPPO Reno 10, OPPO Reno 10 Pro, and the OPPO Reno 10 Pro+. The top-tier model, OPPO Reno 10 Pro+, has now been spotted on the Chinese…
UK blocks Microsoft’s $69bn acquisition of Activision Blizzard over cloud gaming competition concerns
The UK’s Competition and Markets Authority (CMA) has blocked Microsoft’s proposed acquisition of Activision Blizzard, citing concerns over competition in the cloud gaming sector. The $69bn deal would have given Microsoft control over leading franchises like Call of Duty, which the CMA said could harm competition. While Microsoft had offered access to Activision’s Call of…
Anne O’Leary appointed Head of Meta Ireland amidst company downsizing
Meta, the parent company of Facebook, has announced that Anne O’Leary will be taking on the role of Head of Office at Meta Ireland, in addition to her current role as Vice President in the company’s EMEA Global Business Group division. The position was left vacant by Rick Kelley, who recently left the social media…
Quadient launches advanced cash application module for intelligent communication automation SaaS platform
PARIS, FRANCE: Quadient (Euronext Paris: QDT), a company that helps businesses establish significant customer connections through physical and digital channels, has made an announcement on the worldwide launch of a new Advanced Cash Application module for their Intelligent Communication Automation SaaS platform. This move aims to provide mid-market and enterprise customers with a complete end-to-end…
Teleperformance announces €3bn offer to acquire digital services provider Majorel
PARIS, FRANCE: Teleperformance, a global leader in digital business services, has announced its proposed voluntary cash and share offer for all shares in Majorel, valued at €3bn. The offer is €30 per share for cash consideration or the option to receive Teleperformance shares at an exchange ratio of 0.1382 Teleperformance share for each Majorel share,…
Platform One acquires over £1bn in SIPP assets from Gaudi in latest deal
Platform One has announced its acquisition of the operation of more than £1bn self-invested personal pension (SIPP) assets currently administered by Gaudi. The deal also includes the acquisition of Gaudi Trustees. With this acquisition, Platform One will acquire Gaudi’s staff, which will allow the company to launch its own on-platform SIPP. Platform One’s CEO, Alex…
Electric car sales jump to more than 10 million last year with China leading the way
Electric car sales jumped to more than 10 million last year, with China accounting for roughly 60% of the market, according to a report from the International Energy Agency published Wednesday. The record sales figures, contained within the IEA’s Global EV Outlook for 2023, continue a trend of sustained growth for the industry. “Electric car…
Sonic Healthcare acquires Medical Laboratories Duesseldorf for €180 million
SYDNEY, AUSTRALIA: Sonic Healthcare Limited, one of the largest medical diagnostics companies in the world, has announced its acquisition of Medical Laboratories Duesseldorf (MLD), a leading clinical laboratory in the capital of Germany’s most populous state. The laboratory is expected to generate revenues of approximately €50 million in FY2024 and employs around 300 staff, including…
Maas Group to acquire controlling share in Austek Asphalt
SYDNEY, AUSTRALIA: Maas Group Holdings Limited (ASX:MGH) has announced that it has agreed to acquire 75% of the issued share capital of the Austek group of companies (Austek), a leading provider of asphalt repairs, road maintenance and rehabilitation, and spray seal services. Austek Asphalt was founded in 2010 as a small asphalt bobcat business in…
Great Northern Minerals acquires two highly prospective lithium projects in Finland
SYDNEY, AUSTRALIA: Great Northern Minerals Limited (ASX: GNM) has announced its acquisition of two Reservation Permits covering approximately 536.3 km2 of highly prospective lithium terrain in Southern Finland. The move comes after the European Commission classified lithium as a “Critical Raw Material” in September 2020, and Finland unveiled its National Battery Strategy (National Battery Strategy…
Booktopia Group appoints David Nenke as new CEO
SYDNEY, AUSTRALIA: Australia’s leading online book retailer Booktopia Group Limited (ASX: BKG) announced the appointment of David Nenke as the company’s new Chief Executive Officer (CEO). Nenke will report to Mr Peter George, Chair of the Booktopia Board of Directors and will commence on 8 May 2023. Australian-born Mr Nenke joins the company with more…