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…
Change Financial Limited appoints Tony Sheehan as Chief Executive Officer
SYDNEY, AUSTRALIA: Change Financial Limited (ASX: CCA) announced the appointment of Mr Tony Sheehan as Chief Executive Officer (CEO) effective 3 July 2023. Tony Sheehan is an experienced senior executive in the payments and technology industry and has held the positions of Chief Financial Officer and Chief Operating Officer for the past nine years at…
Wynnstay to acquire Citiclient (CCF) Nominees Limited and Citiclient (CCF) Nominees No 2 Limited
LONDON, UK: Wynnstay Properties has exchanged contracts for the acquisition from Citiclient (CCF) Nominees Limited and Citiclient (CCF) Nominees No 2 Limited, acting on behalf of The Charities Property Fund, of Riverdale Industrial Estate, Vale Road, Tonbridge, Kent TN9 1SS for a cash consideration of £2.35 million. The property is freehold and comprises five industrial…