LONDON, UK: World Chess Plc, a leading chess organisation seeking to promote the mass market appeal of chess globally through the commercial offering of chess related activities, announced its intention to seek admission of its Ordinary Shares to the Official List and to trading on the London Stock Exchange’s Main Market for listed securities, and…
Oakley Capital agrees to sell part of its stake in Wishcard
LONDON, UK: Oakley Capital announced that Oakley Capital Fund IV (Fund IV) has reached an agreement to sell part of its stake in Wishcard to private equity investors EMZ Partners and IK Partners. As part of the transaction, Fund IV will retain a residual shareholding in the business. Wishcard is a consumer technology company and…
Sierra Sage Herbs signs product supply and services agreement with accelerate360
SYDNEY, AUSTRALIA: Sierra Sage Herbs LLC. (SSH) has entered into a Product Supply and Services agreement with omni-commerce sales, marketing and media company accelerate360 to increase brand awareness and unlock potential new sales channels to drive revenue. accelerate360 is a major US-based omni-commerce solutions company providing sales, distribution and logistics, marketing and media to unlock…
Australian food business, Nuchev Limited appoints Greg Kerr as new CEO
MELBOURNE, AUSTRALIA: Nuchev Limited (ASX:NUC) announced the appointment of Greg Kerr as Chief Executive Officer, effective from 14 October 2022. Nuchev Limited is an Australian based, globally oriented food business with a dedicated focus on developing, marketing, and selling a range of premium Australian-made nutritional products. Greg Kerr will take over the role from Mr…
Unibail-Rodamco-Westfield launches in-house retail media agency, Westfield Rise
AMSTERDAM: Unibail-Rodamco-Westfield (URW), the developer and operator of Flagship retail and lifestyle destinations, announced the launch of Westfield Rise, an in-house media, brand experience and data partnerships agency. The agency will serve as a one-stop-shop for brands and media-buyers to create innovative and measurable campaigns across URW’s platform of best-in-class retail media assets at its…
Coral Products has acquired Ecodeck Grids for £5.6 million
LONDON, UK: Coral Products plc has acquired the entire issued share capital of Ecodeck Grids Limited for a consideration of up to £5.6 million to be satisfied by the initial payment of £3.35 million in cash, the issue of 6.25 million ordinary shares in Coral at a price of 16p per ordinary share, and an earn…
Cambridge Cognition to acquire VCT solution provier, eClinicalHealth for £1.7mn
LONDON, UK: Cambridge Cognition Holdings (AIM: COG), which develops and markets digital solutions to assess brain health, has entered into an agreement to acquire the entire issued share capital of eClinicalHealth Ltd (eCH), a virtual clinical trial (“VCT”) solution provider, for consideration of up to approximately £1.7 million. This presents an exciting opportunity for the Company…
Taylor Maritime Investments agrees to acquire Grindrod Shipping for $506 million
LONDON, UK: Taylor Maritime Investments Limited (TMI), through a wholly-owned subsidiary Good Falkirk (MI) Limited, has entered into a transaction implementation agreement to acquire Grindrod Shipping Holdings, a global provider of maritime transportation services, predominantly in the drybulk sector. Under the terms of the offer, shareholders of Grindrod Shipping will be entitled to receive US$21.00…
Eutelsat and OneWeb decide to proceed with business combination
PARIS, FRANCE: Eutelsat and OneWeb are convinced that the time is right to take their partnership to the next level via the proposed combination. Eutelsat and key OneWeb shareholders signed a Memorandum of Understanding in July 2022, with a view to combining Eutelsat and OneWeb in an all-share transaction, whereby Eutelsat and OneWeb shareholders will…
Magnum Mining and Exploration signs deal to acquire Appalachian Iron
SYDNEY, AUSTRALIA: Magnum Mining and Exploration Limited (ASX:MGU) has entered into a binding share purchase agreement (Agreement) to acquire 100% of the issued capital of Appalachian Iron Inc, an entity incorporated in the state of Delaware. In consideration for the acquisition, Magnum Mining and Exploration will issue 30 million performance shares to Mr Goodman, the…
LOVE Pharma to acquire Naltrexone Therapeutics for CAD 2.0 million
VANCOUVER, BC: LOVE Pharma Co. has signed a non-binding Letter of Intent (LOI) to acquire Naltrexone Therapeutics Inc., a pharmaceutical technology company with significant IP related to the transdermal delivery of FDA approved Naltrexone. The acquisition is considered an arms-length transaction, 100% of Naltrexone Therapeutics will be purchased and become a wholly owned subsidiary of…
Alwaleed Philanthropies signs partners Al Hilal Saudi Club to promote women sports
RIYADH, SAUDI ARABIA: Alwaleed Philanthropies, chaired by Prince Alwaleed Bin Talal Al Saud, has signed a five-year partnership with Al Hilal Saudi Club for Women Sports. In line with Vision 2030, the partnership is committed to promoting women’s participation in sports and contributing to high-level experiences across the spectrum of the industry. The partnership comes…