SYDNEY, AUSTRALIA: Diverger Limited has executed agreements to acquire a 100% equity interest in Priority Networking (PNET). The initial purchase consideration, funded by Diverger’s existing debt facility, is $2.25 million, with 80% ($1.80 million) settled on completion and the remaining 20% ($0.45 million) settled after 12 months subject to PNET achieving EBITA performance targets. In…
Douglas Thompson appointed CEO of Coronado Global Resources
SYDNEY, AUSTRALIA: Coronado Global Resources announced Douglas Thompson will become Chief Executive Officer in accordance with Coronado’s planned succession process. Gerry Spindler will retire from his role as Chief Executive Officer after the Company’s Annual General Meeting to be held on or about 25 May 2023. He will be appointed to the position of Executive…
How To Safeguard Your Money From A Rising Inflation
Are you concerned about rising inflation? If so, you’re not alone. Many people are worried about the impact of inflation on their finances. Fortunately, you can take steps to safeguard your money from inflation. This blog post will share tips on protecting your finances against a rise in prices. Keep reading to learn more. Buy…
Ahmed Galal Ismail appointed CEO of Majid Al Futtaim Holding
DUBAI, UNITED ARAB EMIRATES: Majid Al Futtaim, the leading shopping malls, communities, retail and leisure pioneer across the Middle East, Africa, and Central Asia, announced on Friday that Ahmed Galal Ismail has been appointed Chief Executive Officer of Majid Al Futtaim Holding. Ahmed Galal Ismail assumes the position from Alain Bejjani, who served in the role for…
ThomasLloyd Energy Impact Trust acquires 100% of SolarArise India Projects
LONDON, UK: ThomasLloyd Energy Impact Trust, the renewable energy investment trust providing direct access to sustainable energy infrastructure in fast-growing and emerging economies in Asia, has successfully completed the acquisition of the remaining 57% economic interest in SolarArise India Projects Private Limited, taking its total ownership to 100%. The consideration of US$38.5 million was funded…
Invinity Energy Systems signs MoU with Dawsongroup to develop UK battery rental offering
LONDON, UK: Invinity Energy Systems (AIM: IES), a leading global manufacturer of utility-grade energy storage, has signed a non-binding Memorandum of Understanding (MoU) with Dawsongroup Power Solutions Limited with the intention of appointing Dawsongroup as Invinity’s exclusive partner for the UK equipment rental market. Dawsongroup has also purchased a 0.22 MWh Invinity VS3 battery which…
Knights Group to acquire Bristol based Meade King for £2.1 million
LONDON, UK: Knights Group has agreed to acquire Meade King LLP, an established, independent law firm in Bristol. Tracing its origins to 1790, Meade King is a long-established independent law firm serving Bristol and the South West. Well-positioned in a significant and competitive market, the firm has strong real estate and corporate offerings, with smaller…
Anthony Reilly appointed Managing Director and CEO of Felix Gold Limited
SYDNEY, AUSTRALIA: Felix Gold Limited (ASX: FXG) announced the appointment of experienced resources industry executive, Mr Anthony Reilly, as Managing Director and CEO. Anthony Reilly has 35 years’ experience across both mineral exploration and development businesses and the global finance industry. He was most recently an Executive Director and CEO of Venturex Resources Limited (now…
Australian Pacific Coal Limited CEO and Executive Chairman David Conry retires
SYDNEY, AUSTRALIA: Australian Pacific Coal Limited (ASX: AQC) announced that the Chief Executive Officer Mr David Conry AM is retiring from his role and has resigned as Executive Chairman, with effect immediately. AQC’s Independent Director Mr Mike Ryan has been appointed as the Interim Chairman. Mr Ryan joined the Board in November 2022 and has…
8 European Countries To Try And Build Your Company
Are you looking for a place to start or expand your business? Europe is an ideal location, with its diverse culture and advanced infrastructure. With so many countries to choose from in the region, it can be difficult to decide which one would be best suited for your company’s needs. To help narrow down your…
RHI Magnesita to acquire a 65% shares in Jinan New Emei for €40 million
LONDON, UK: RHI Magnesita has agreed to acquire a 65% shareholding in Jinan New Emei for a cash consideration of ¥293 million (€40 million). Jinan New Emei Industries Co. Ltd. is a leading producer of refractory slide gate plates and systems, nozzles and mixes for use in steel flow control, employing over 1,300 people and…
Vista Equity Partners signs agreement to acquire Duck Creek Technologies for $19/share
LONDON, UK: Vista Equity Partners has entered into a definitive agreement to acquire Duck Creek Technologies, a software provider to property and casualty insurers, for $19 per share in an all-cash transaction. Vista Equity Partners is an American investment firm focused on financing and forwarding software, data, and technology-enabled startup businesses. Vista has invested in…