LONDON, UK: The boards of Sovereign Housing Association Limited and Network Homes Limited have agreed to enter into formal negotiations with a view to joining together in a merger. The decision was agreed by their respective boards on Thursday 9…
PARIS, FRANCE: Sanofi has entered into an agreement to acquire Provention Bio Inc., for $25/share in cash, representing an equity value of approximately $2.9 billion. The transaction adds an innovative, fully owned, first-in-class therapy in type 1 diabetes to Sanofi’s…
LONDON, UK: Zinnwald Lithium plc, the German focused lithium development company, announced the signing of a Heads of Terms Agreement with Ocean Partners UK Ltd, a trader of base metal ores and concentrates and parent company to Shanoon Resources Ltd,…
LONDON, UK: Ricardo plc, a global strategic, environmental, and engineering consulting company, has announced the acquisition of Aither Pty Ltd., a leading water-and-natural-resources advisory consultancy. Headquartered in Melbourne, Australia, Aither’s purpose is to help governments and businesses make better decisions…
LONDON, UK: HSBC Holdings plc announced that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB UK) for £1. As at 10 March 2023, SVB UK had loans of around £5.5bn and deposits…
SYDNEY, AUSTRALIA: QMines Limited has executed an exclusive option agreement with Queensland Critical Minerals Limited (QCML) for the divestment of its non-core gold and base metal exploration projects, Silverwood, Warroo and Herries Range. The projects are all located in South…
Saudi Arabia’s oil giant Aramco reported a record net income of $161.1 billion for 2022 (46.5% higher than previous year’s $110 billion), the largest annual profit ever achieved by an oil and gas company, CNBC reported. Aramco said net income…
Saudi Arabia’s Crown Prince Mohammed bin Salman formally announced on Sunday the creation of a new national airline, Riyadh Air. Industry veteran Tony Douglas will be the chief executive. Riyadh Air will will serve more than 100 destinations around the…
LONDON, UK: Nostrum Oil & Gas Plc (LSE: NOG) has agreed to acquire 80% of Positive Invest LLC, which holds the subsoil use right to the contract No. 25 for estimation, development and production of hydrocarbons for the area “Kamenskoe”…
LONDON, UK: Robert Walters plc (LSE: RWA), the leading international recruitment group, today announces that Robert Walters, Chief Executive Officer has decided to retire as CEO and will step down from the Board with effect from 27 April 2023, the…
LONDON, UK: Versarien plc (AIM: VRS), the advanced materials engineering group, announced that Neill Ricketts has resigned as Chief Executive Officer of the Company. The executive directors will continue to manage the Company supported by the non-executive directors. The Board…
SYDNEY, AUSTRALIA: AusCann Group Holdings (ASX: AC8) has entered into a Share Sale Agreement with Animal Health Holdings (AHH) to divest a 52% interest in its animal health business, CannPal Animal Therapeutics. The partial divestment is a separate and independent…