LONDON, UK: IP Group plc announced that portfolio company Oxbotica Ltd, the global leader in autonomous vehicle software, has raised $140 million in a Series C investment round. Kiko Ventures, IP Group’s cleantech platform, supported the round which included financial…
LONDON, UK: RM plc, a leading supplier of technology and resources to the education sector, announced the appointment of Mark Cook as CEO, effective from 16 January 2023. Neil Martin the current CEO will remain an Executive Director of RM…
LONDON, UK: Cambridge Cognition (AIM: COG), which develops and markets digital solutions to assess brain health, announced the acquisition of Winterlight Labs Inc, a leader in monitoring cognitive impairment through free-speech analysis. The total consideration for the acquisition is £7.0…
SYDNEY, AUSTRALIA: Ambertech Limited (ASX:AMO) has reached an agreement to acquire the distribution business of Convoy International. The acquisition represents another important step in executing Ambertech’s strategic growth plan. The consideration for the acquisition is anticipated to be, net cash,…
LONDON, UK: ScS Group, one of the UK’s largest retailers of upholstered furniture and floorings, has acquired the brand, domain names, website, intellectual property and stock of Snugsofa.com (Snug) from the administrators of Snug Shack Limited for consideration of £875,000….
Mortgage rates are still double compared to a year ago, but housing prices are easing since June. A monthly housing sentiment index from Fannie Mae showed sentiment improving from November to December. The index is still lower than it was…
LONDON, UK: According to a renowned thinktank, Resolution Foundation, UK households are only halfway through a two-year cost of living crisis, and average salaries are set to drop by more than £2,000 as a result. The cost of living crisis…
OSLO, NORWAY: Benjamin Kristoffer Golding has been appointed Chief Executive Officer of Arendals Fossekompani. “We are very pleased to welcome Golding to Arendals Fossekompani. With great insights into technology and a solid all-round industrial and financial background, Golding is well…
HAMILTON, BERMUDA: Archer Limited has closed the acquisition of Romar-Abrado. The acquisition is based on an enterprise value of USD 8 million, plus earn-out pending trading performance over 2023 to 2025. The acquisition is conducted on a debt free basis…
MUNICH: Mutares SE & Co. has signed an agreement to sell its portfolio company Lacroix + Kress GmbH to Superior Essex Global LLC. The closing of the transaction is expected in the first quarter of 2023. Lacroix + Kress is…
SYDNEY, AUSTRALIA: First Graphene Limited (ASX: FGR) has entered into a joint development agreement (JDA) with Suvo Strategic Minerals (ASX:SUV) to research and develop low-emission cement and concrete products. The agreement aims to investigate the potential for further improvements in…
SYDNEY, AUSTRALIA: Catalyst Metals Limited (ASX: CYL) entered into a Bid Implementation Agreement to offer a bid to acquire Vango Mining Limited (ASX:VAN). The offer is consistent with Catalyst Metal’s strategy to control high-grade gold belts in Australia, with Vango’s…