LONDON, UK: Chariot Limited, the Africa focused transitional energy group, announced that along with its partner the Office National des Hydrocarbures et des Mines (ONHYM), it has agreed key principles for long term gas sales from the Anchois Gas Project with the Office National de l’Electricité et de l’Eau Potable (ONEE). Anchois Gas Project is…
Microsoft partners London Stock Exchange to architect LSEG’s data infrastructure
Microsoft has agreed to purchase shares in LSEG that would result in Microsoft holding approximately a 4% equity stake in LSEG LONDON, UK: London Stock Exchange Group (LSEG) and Microsoft have entered into a new long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud, and to jointly develop new products and services…
Kristian B. Fyksen appointed as CEO of ABGSC Norway
OSLO, NORWAY: Board of Directors of ABG Sundal Collier ASA (ABGSC) has decided to appoint Kristian B. Fyksen as CEO of ABGSC Norway. This change will be effective from today. ABGSC is the independent Nordic investment bank, developed over 30 years, founded on an inclusive partnership culture and the ability to attract and develop top…
Saint-Gobain divests Distribution business in UK for £740mn
LONDON, UK: Saint-Gobain has signed a binding agreement for the sale of all its merchanting brands in the United Kingdom – including the builders and timber merchant Jewson – to the Stark group. The divested assets are expected to generate revenues of around €2.7 billion in 2022 with an operating margin of around 2%. They…
Silverwood Brands has acquired a stake of Lush Cosmetics and Sonotas for a total £238 million
LONDON, UK: Silverwood Brands plc, an enterprise company established to invest primarily in branded consumer businesses, has acquired interests in two consumer brands comprising Lush, a UK headquartered international cosmetics retailer, and Sonotas, a Japan-based skincare manufacturer. Silverwood has conditionally acquired approximately a 19.8% stake (“Lush Sale Shares”) in each of Lush Cosmetics Limited (LCL)…
Kitwave Group has acquired WestCountry Food for £29.0 million
LONDON, UK: Kitwave Group plc (AIM: KITW), the delivered wholesale business, has acquired the entire issued share capital of WestCountry Food Holdings, a specialist fresh produce wholesaler to the foodservice sector. The total gross consideration payable for the acquisition is £29.0 million in cash and has been funded from the Group’s current banking facilities and…
Amaero International partners Rabdan for additive manufacturing and powder production in Abu Dhabi
SYDNEY, AUSTRALIA: Amaero International Limited (ASX:3DA) has signed a binding joint venture agreement (JV Agreement) with Rabdan Industries for additive manufacturing and powder production in Abu Dhabi, the United Arab Emirates (UAE). Rabdan is an affiliate of diversified holding company Ethmar Holdings. The JV Agreement provides that Amaero and Rabdan will exclusively partner on additive…
Sukoon Insurance launches ‘Health Extend’ – a unique medical corporate offering
DUBAI, UAE: Sukoon Insurance has launched ‘Health Extend’ – a unique product in the UAE that allows employers to limit their budget while giving employees the freedom to add specific covers according to their own needs. By launching Health Extend, Sukoon Insurance introduces a significant innovation in the UAE market by giving employers a medical…
Lion Selection Group to acquire increases PhosCo holding from 14.8% to 19.9%
SYDNEY, AUSTRALIA: Lion Selection Group has agreed to acquire 14.0M PhosCo shares from the manager. This increases Lion’s PhosCo holding from 14.8% to 19.9%. Through this transaction, Lion Selection Group will increase its exposure to PhosCo, which in Lion’s view has a deep value creation proposition around its Tunisian rock phosphate assets, as the company…
Genesis Minerals and St Barbara Limited will merge to create Hoover House Limited
SYDNEY, AUSTRALIA: Genesis Minerals and St Barbara Limited have entered into a binding Scheme Implementation Deed (SID) under which the two companies will merge to create one of Australia’s leading gold houses, Hoover House Limited. It is intended that Hoover House will be headquartered in Perth, Western Australia with a new strategic plan and five-year…
MOVE Logistics appoints Craig Evans as CEO
AUCKLAND, NZ: MOVE Logistics Group Limited (ASX: MOV) announced the appointment of Craig Evans as Chief Executive Officer. Craig Evans will commence the role from 1 February 2023. Craig has had a stellar career in the logistics sector, including 35 years at Mainfreight, with the last six years as Mainfreight’s New Zealand country manager. Prior…
7 Essential Things For A Successful Brokerage Agent
Are you looking to become a successful brokerage agent? If so, you are in the right place! In this blog post, we will discuss some essential things that you need to know in order to be successful. We will talk about the importance of building relationships with your clients, staying up to date on the…