PARIS, FRANCE: TotalEnergies (LSE:TTE) has announced the start of gas production from onshore Block 10 in the Sultanate of Oman as well as an agreement with Oman LNG for a long-term LNG purchase contract. TotalEnergies announces the start of gas production from the Mabrouk North-East field in the onshore Block 10. TotalEnergies holds a 26.55%…
Keyrus Group to acquire a majority stake in Sonum International
PARIS, FRANCE: The Keyrus Group has entered a final phase of negotiations with the aim of acquiring a majority stake in Sonum International, a European group, leader in the consulting and implementation of EPM (Enterprise Performance Management) solutions. Founded in 2010, Sonum International supports its clients in optimizing the implementation of performance management processes, methods…
MEP to acquire Seraphine Group, a nursing and maternity products brand
LONDON, UK: Purple Bidco Limited, an indirect subsidiary of Mayfair Equity Partners LLP (MEP), has offered to acquire entire share capital of Seraphine Group, an international digitally-led maternity and nursing wear brand with a diverse range of innovative maternity and nursing products serving a global market. The offer of 30 pence/share values the entire issued…
Gold IRAs: Add Gold to Your Retirement Mix
Gold goes up and down like any other investment, but over the decades it seems to always rise. Gold’s ability to contend with political uncertainty and inflation make it a great way to insulate your retirement portfolio from the unknown. People wonder if investing in gold is a good way to save money for retirement…
Jadestone Energy acquires interest in Sinphuhorm gas field onshore Thailand
SINGAPORE: Jadestone Energy has executed a sale and purchase agreement with Salamander Energy (S.E. Asia) Limited, an affiliate of PT Medco Energi Internasional Tbk, to acquire S.E. Asia’s interest in three legal entities, which collectively own a 9.52% non-operated interest in the producing Sinphuhorm gas field and a 27.2% interest in the Dong Mun gas…
ADNOC and TAQA to jointly establish electric vehicle infrastructure in UAE
ABU DHABI, UAE: ADNOC Distributionhas agreed with Abu Dhabi National Energy Company (TAQA) to jointly establish a mobility joint venture, E2GO, to build and operate electric vehicle (EV) infrastructure in Abu Dhabi and the wider UAE. An agreement to pave the way for creating the joint venture was signed by Eng. Bader Saeed Al Lamki,…
EM Normandie French Business School inaugurates 1st campus at Dubai Knowledge Park
DUBAI, UAE: The EM Normandie French Business School has inaugurated its first regional campus at Dubai Knowledge Park, a member of TECOM Group PJSC. A significant addition to Dubai’s higher education community, the university marks strengthening ties between France and UAE on the heels of a state visit between UAE President His Highness Sheikh Mohamed…
Bio-Gene Technology and STK Bio-Ag Technologies agree terms on a global collaboration partnership
SYDNEY, AUSTRALIA: Bio-Gene Technology Limited (ASX: BGT) and STK Bio-Ag Technologies (STK) signed binding terms on a global collaboration partnership for the commercialisation of Bio-Gene’s Qcide product in crop protection and other market segments. Bio-Gene and STK have allowed up to 90-days to complete the transaction documentation. As the Term Sheet is binding and the…
DGL Group has acquired Nightingale Transport for $18.2 million
SYDNEY, AUSTRALIA: DGL Group Limited has acquired Nightingale Transport. The acquisition price of $18.2 million represents 3.7x EBITDA of $4.9 million and 1.1x net tangible assets of $15.2 million. The acquisition will be funded with cash, with DGL’s net debt position remaining conservative. The acquisition is expected to be immediately EPS accretive, pre-synergies. The acquisition…
Imdex Limited signs deal to acquire Devico AS for A$324 million
SYDNEY, AUSTRALIA: Imdex Limited, mining-tech company, has entered into a binding agreement to acquire Devico AS for an implied enterprise value of A$324 million (approximately NOK 2.2 billion). Devico is a leading global mining-tech company, established in 1988 and headquartered in Trondheim, Norway. It has a workforce of 200 personnel and business entities across 15…
Control Bionics Ltd appoints Jeremy Steele as Chief Executive Officer
SYDNEY, AUSTRALIA: Control Bionics Ltd (ASX: CBL) announced the appointment of Jeremy Steele as Chief Executive Officer and a member of the board, effective from 19 January 2023. Jeremy Steele brings over 25 years of global corporate experience across a wide range of industries including healthcare, software, financial services and retail in senior roles, including…
Gambling Sponsors of Manchester United
Manchester United is one of the most successful football clubs in the United Kingdom. It was even the highest-earning team in the world from 2016-2017. However, its success was helped by many prestigious companies that went into lucrative sponsorships with the Red Devils. The football club has more than a dozen sponsors, some of which…