The legal online gambling market in Ontario has proven quite a success as it’s brought in revenue of $162 million in its first three months. That is according to iGaming Ontario (iGO), an agency within the province set up to manage said market. The agency published the above numbers in late August and has said…
7 Tips for Managing a Successful Construction Business
Are you looking to start your own construction business? Or perhaps you already own one! With so many features and benefits to offer, construction is one business that is worth your time. But, not everyone has what it takes to launch a successful construction business. There are many pitfalls and challenges in this industry. It…
Ooredoo sells Myanmar Telecom Business at an enterprise value of $576mn
SINGAPORE: Ooredoo has entered into a definitive agreement to sell 100 percent of its equity in Ooredoo Asian Investments Pte Ltd. (Singapore) (OAI), the parent company that owns 100 percent of Ooredoo Myanmar Ltd. (OML), and 100 percent of Ooredoo Myanmar Fintech Ltd. (OMFL) to Nine Communications Pte. Ltd. for an enterprise value of approximately…
DCC Healthcare agrees to acquire Medi-Globe Technologies GmbH
LONDON, UK: DCC Healthcare has agreed to acquire Medi-Globe Technologies GmbH, an international medical devices business focused on minimally invasive procedures. The transaction represents DCC Healthcare’s largest acquisition to date and is a further material expansion of DCC Vital’s presence in the European healthcare market, following on from the acquisition of primary care supplier Wörner…
Gavin Slark appointed new CEO of SIG Plc
LONDON, UK: SIG Plc announced that following its successful turnaround and return to profitability, Steve Francis will step down as CEO early next year, after three years in his role. The Board also announced that Gavin Slark has agreed to join the Company as Steve’s successor. Steve will continue to provide committed leadership as SIG’s…
Bond Pet Foods closes $17.5 million in Series A Funding
LONDON, UK: Bond Pet Foods, the Boulder-based company creating meat proteins through fermentation for pet food applications, announced that it has completed its Series A fundraise totaling $17.5 million. The oversubscribed round includes investment from global food and agriculture pioneers ADM Ventures (Archer Daniels Midland Company) and Cavallo Ventures (Wilbur Ellis); institutional funds Genoa Ventures…
Strip Tinning Holdings secures £1.4 million funding
LONDON, UK: Strip Tinning Holdings plc (AIM: STG), a leading supplier of specialist connectors to the automotive sector, has successfully secured a share of government funding through the Advanced Propulsion Centre (“APC”) Scale-up Readiness Validation (“SuRV”) competition. The Company has secured a grant of up to £1.4 million, which will be received via six quarterly…
EQTEC’s Mixed feedstock Market Development Centre approved by French government
LONDON, UK: EQTEC plc (AIM: EQT), a world-leading technology innovation company enabling the Net Zero Future through advanced solutions for hydrogen, biofuels, SNG and other energy production, is pleased to confirm that, further to its announcement on 20 July 2022, its wholly owned French subsidiary EQTEC France SAS (“EQTEC France“) was, on 7 September 2022,…
Orbit Group Chief Executive, Mark Hoyland, to step down
LONDON, UK: Orbit Group Limited announced that Mark Hoyland, Group Chief Executive, has decided to step down in spring 2023, after six years leading the Group. He will take up a Chief Executive role outside the sector. The Board expects to announce a successor early in the new year. David Weaver, Orbit Group Chair, commented:…
Tom Pearce appointed new CEO of Rothesay Life Plc
LONDON, UK: The Chairman and Board of Rothesay Life Plc, the UK’s largest pensions insurance specialist, announced the appointment of Tom Pearce as CEO, taking on the role from Addy Loudiadis as she retires after fifteen years leading the business. Loudiadis will remain engaged with Rothesay as Founder Director, a part-time Non-Executive position. Since founding…
Nordic Unmanned collaborates with North American freight transporter, BNSF Railway
OSLO, NORWAY: Nordic Unmanned has signed an initial collaboration agreement with BNSF Railway, one of the biggest railway companies in the United States. The client will test the Staaker Railway Drone for infrastructure inspection and general data acquisition. “We are very excited about this opportunity to develop such a unique system together with a leading…
Elektros negotiating joint venture with EV charging solutions provider, Noodoe
SUNNY ISLES BEACH: Elektros, an emerging leader in the electric mobility industry, announced it has begun negotiations with EV charging provider Noodoe Inc. regarding joint-venture with their EV OS and management solutions. Noodoe furnishes fleet operators, site hosts, solution providers, and local charging network providers with cutting-edge EV hardware and software technology through Noodoe EV…