PARIS, FRANCE: Nexans has entered into exclusive negotiations with Syntagma Capital, a Belgium-based private equity fund, for the sale of its Telecom Systems Business. This proposed transaction marks Nexans’ exit from the telecom and data activity in line with its strategy to simplify its activities and amplify its impact in Electrification markets. The Telecom Systems…
Seeing Machines and Mobileye to jointly target aftermarket business
LONDON, UK: Seeing Machines Limited has signed a non-exclusive Distribution Agreement with Mobileye Vision Technologies Ltd, industry leader in the development of advanced driver assistance systems (“ADAS”) and autonomous driving technologies. The Agreement enhances Seeing Machines’ Aftermarket offering, Guardian, which targets the commercial fleet sector, by incorporating the Mobileye suite of Aftermarket products to alert…
AGC and Saint-Gobain partner for the decarbonization of flat glass manufacturing
LONDON, UK: AGC and Saint-Gobain, worldwide flat glass manufacturers leading in sustainability, announce that they are collaborating on the design of a pilot breakthrough flat glass line that is expected to reduce very significantly its direct CO2 emissions. As part of this R&D project, AGC’s patterned glass production line in Barevka, Czech Republic, will be…
Croda International to acquire Solus Biotech for £232 million
LONDON, UK: Croda International has agreed to acquire Solus Biotech, a global leader in premium, biotechnology-derived beauty actives, from Solus Advanced Materials for a total consideration of KRW350bn (approximately £232m) on a debt-free, cash-free basis. The acquisition provides access to Solus’ existing biotech-derived ceramide and phospholipid technologies, and its emerging capabilities in natural retinol. This…
Spenda Limited makes strategic investment in Fresh Supply Co.
SYDNEY, AUSTRALIA: Spenda Limited announced a strategic investment of $1.025 million in blockchain data partner, Fresh Supply Co. Pty Ltd (FSCO) to continue the company’s growth into the Agricultural business sector, both domestically and internationally. The investment in Fresh Supply Co is the digital cornerstone of Spenda’s Agribusiness strategy that brings integrated provenance and farm…
The Steps Involved in Filing a Camp Lejeune Water Contamination Lawsuit
At Camp Lejeune in North Carolina, the water became poisoned between 1953 and 1987 with hazardous toxic substances that led to fatal diseases and significant health problems. Recently, a law has been enacted that is known as the Camp Lejeune Justice Act of 2022. This act makes it possible for anyone who was hurt during…
How To Lower Certain Expenses Without Sacrificing Company Quality
Running a business isn’t easy. It’s not cheap either. If you are responsible for the management of a business, then you need to take steps to reduce expenditure. However, you simultaneously need to make sure that you’re not cutting back on important things and sacrificing company quality. Unnecessary cutbacks can damage your business. If you…
Brave Bison agrees to acquire Social Chain Limited for £7.7 million
LONDON, UK: Brave Bison Group (AIM: BBSN), the social and digital media company, has entered into a conditional binding agreement to acquire the entire issued share capital of Social Chain Limited. The initial consideration for the acquisition consists of a payment of £7.7 million. Part of the initial consideration will be funded by way of…
Thungela Resources signs agreements to obtain a controlling interest in the Ensham coal mine
LONDON, UK: Thungela Resources has entered into agreements with Audley Energy Limited and Mayfair Corporations Group in terms of which inter alia Thungela Resources Australia will acquire a majority shareholding interest in Sungela Holdings (a newly incorporated private company with limited liability, registered in accordance with the laws of Australia) and will loan fund a…
Charter Hall Social Infrastructure REIT acquires 49.9% of Innovation Quarter for $66.9mn
SYDNEY, AUSTRALIA: Charter Hall Social Infrastructure REIT (ASX: CQE) announced the acquisition of a 49.9% interest in Innovation Quarter (iQ). Innovation Quarter (iQ) is a newly constructed healthcare, medical research, education and training facility that has been jointly developed by Charter Hall and Western Sydney University in the growing healthcare and research precinct of Westmead,…
Ashley Services Group acquires Owen Pacific Workforce for up to $15.9 million
SYDNEY, AUSTRALIA: Ashley Services Group Limited (ASX: ASH) has entered into an agreement to acquire Owen Pacific Workforce Pty Ltd (OPW), a company which provides seasonal workers, sourced predominantly from Tonga and Vanuatu, to the Australian horticultural industry. The acquisition price for the 100% purchase of Owen Pacific Workforce is expected to be between $14.2…
TotalEnergies and Air Liquide to develop a network of hydrogen stations for heavy duty vehicles in Europe
PARIS, FRANCE: TotalEnergies and Air Liquide announced their decision to create an equally owned joint venture to develop a network of hydrogen stations, geared towards heavy duty vehicles on major European road corridors. This initiative will help facilitate access to hydrogen, enabling the development of its use for goods transportation and further strengthening the hydrogen…