LONDON, UK: Pathfinder Minerals has entered into a conditional binding sale and purchase agreement (SPA) with Acumen Advisory Group (AAG) with respect to the disposal of IM Minerals Limited (IMM), a wholly owned subsidiary of Pathfinder, and, with it, the rights to bring a claim against the Government of Mozambique under the Mozambique-United Kingdom Bilateral…
WPP Plc acquires data-driven influencer marketing agency Goat
LONDON, UK: WPP Plc, the creative transformation company, has announced the acquisition of Goat, one of the world’s leading influencer marketing agencies. Goat will join GroupM, WPP’s media investment group, and merge with its influencer marketing solution INCA to create the industry’s first truly global influencer marketing agency with more than 300 employees in over 30 markets…
5E Advanced Materials appoints Susan Seilheimer Brennan as new Chief Executive Officer
SYDNEY, AUSTRALIA: 5E Advanced Materials Inc., a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boron Americas (Fort Cady) Complex, has appointed Ms. Susan Seilheimer Brennan as the Company’s new Chief Executive Officer commencing April 24, 2023. Susan Seilheimer Brennan has an extensive global leadership background, particularly in the battery…
CleanSpace Holdings appoints Graham McLean as CEO
SYDNEY, AUSTRALIA: CleanSpace Holdings Limited (ASX: CSX) has appointed Graham McLean as CEO, effective immediately. Mr McLean joined the CleanSpace Board in February 2022 and has been acting as Interim CEO since 10 January 2023. CleanSpace is a Sydney-based designer and manufacturer of respiratory protection equipment for healthcare and industrial solutions. CleanSpace’s Chair, Bruce Rathie…
Delta Air Lines to launch a flight academy to train pilots
Delta Air Lines Inc would launch a flight academy to train pilots for the airline as the industry struggles with a shortage of aviators. The Delta Propel Pilot Academy will be based in a 12,000-square-foot facility situated within Skyborne’s Florida campus, the statement said. Atlanta-based Delta joins United Airlines Holdings Inc (UAL.O), which agreed to…
Retail apocalypse: Bed Bath & Beyond is closing 400 stores
Bed Bath & Beyond is closing 400 stores as it tries to stave off bankruptcy. Bed Bath & Beyond has fallen to the “retail apocalypse” over the past decade, but many chains are still growing. Growth has been most pronounced in the discount segment of retail as shoppers on tight budgets search for low prices….
U.S. homes sales rise 14.5% in February 2023
Sales of existing homes in United States rose 14.5% in February compared with January, according to a seasonally adjusted count by the National Association of Realtors. That put sales at an annualized rate of 4.58 million units. It was the first monthly gain in 12 months and the largest increase since July 2020, just after…
Mike Cuthbert appointed Chairman of Oberon Investments Group
LONDON, UK: Oberon Investments Group, the Investment Management and Corporate Finance group based in the West End, announced the appointment of Mike Cuthbert as Chairman. He succeeds Alex Hambro, who steps back but remains a Non-Executive Director of Oberon Investments Group. The handover of roles will conclude on Monday 20th March 2023. Mike Cuthbert has…
Looking Glass Labs to sell GenZeroes and GenX Smart Contract
VANCOUVER, BRITISH COLUMBIA: Looking Glass Labs (LGL), a leading Web3 platform specialising in immersive metaverse environments, play-to-earn tokenisation and blockchain monetisation strategies, announces that it has entered into a letter of intent to vend GenZeroes Productions Inc., the GenX smart contract and all associated intellectual propertyto GenZeroes Universe Inc. GenZeroes Universe Inc. is led by…
Edward Buttery appointed CEO of Grindrod Shipping
LONDON, UK: Taylor Maritime Investments Limited (TMI) announced that Edward Buttery, Chief Executive Officer and Executive Director of TMI, will be appointed Chief Executive Officer of its recently acquired subsidiary, Grindrod Shipping Holdings Limited (NASDAQ: GRIN; JSE: GSH) with effect from 1 April 2023, making him CEO of both companies. Edward’s role as Grindrod CEO…
Pearson Plc sells Online Learning Services business to Regent LP
LONDON, UK: Pearson Plc has agreed to sell Pearson Online Learning Services (POLS) to Regent LP, a global private equity firm focused on acquiring businesses and deploying its strategic and operational expertise to fuel growth and innovation. In August 2022, Pearson plc, the world’s leading learning company, announced a strategic review of its international Online…
Sopra Steria to acquire Ordina N.V. for EUR 518 million
PARIS, FRANCE: Sopra Steria has agreed on a recommended public offer to be made to acquire all of the issued and outstanding ordinary shares in the capital of Ordina N.V. for EUR 5.75 in cash per share. This represents a total consideration of approximately EUR 518 million. Sopra Steria has fully committed financing with existing…