SYDNEY, AUSTRALIA: Splitit Payments Limited (ASX: SPT) has signed an agreement with Google LLC and certain of its affiliates to extend its partnership with Google to enable Splitit’s Instalments-as-a-Service to be added to the Google Store in additional markets beyond Japan (the “Expanded Google Agreement”). Splitit signed its initial agreement to provide Google with Splitit’s…
RPM Automotive Group to acquire Metro Tyre Services for $4.5 million
SYDNEY, AUSTRALIA: RPM Automotive Group has entered into a binding agreement to acquire the inventory and assets of Metro Tyre Services (Metro) for total consideration of $4.5 million. Total purchase price of $4.5m (100% cash), implying an acquisition multiple of 3.9x FY22 EBITDA pre-synergies, including $200K in inventory, $2.6m to be paid on settlement (60%)…
John Ciganek appointed MD & CEO of Vanadium Resources
SYDNEY, AUSTRALIA: Vanadium Resources Ltd (ASX:VR8) has appointed highly experienced mining executive and financier John Ciganek, as Managing Director and Chief Executive Officer effective from 9 January 2023. John Ciganek will remain as a Non-Executive Director until the effective date. Mr Jurie Wessels, Executive Chairman of VR8 commented: “We are very pleased to have obtained…
Geopacific Resources CEO Tim Richards has resigned
SYDNEY, AUSTRALIA: Geopacific Resources Ltd (ASX: GPR) advises that Mr Tim Richards has resigned as Chief Executive Officer of the Company effective 1st January 2023. The Board has commenced a search for a new Chief Executive Officer. In the interim period between Tim’s departure and commencement of his permanent replacement, Non-Executive Director Richard Clayton will…
Gulf International Bank becomes a signatory to the Abu Dhabi Sustainable Finance Declaration
MANAMA, BAHRAIN: Gulf International Bank (GIB) announced its participation in the R.A.C.E Sustainability Summit where it joined the latest signatories of the Abu Dhabi Sustainable Finance Declaration during the first edition of Abu Dhabi Finance Week (ADFW) hosted by Abu Dhabi Global Market (ADGM). The Abu Dhabi Sustainable Finance Declaration is a voluntary membership-based initiative…
Alibaba.com holding Export Seller Summit on opportunities of global online B2B buyer base
LAHORE, PAKISTAN: Alibaba.com has announced that it will hold an Export Seller Summit in Lahore, Pakistan on 8 December 2022. The event will emphasize on the opportunities for exporters, manufacturers, wholesalers, traders and retailers to reach the global online B2B buyer base. The hybrid event, which will be live streamed concurrently online will gather existing…
Good Energy acquires UK based heat pump installation business, Igloo Works Limited
LONDON, UK: Good Energy, the 100% renewable electricity and energy services provider, has acquired the entire share capital of Igloo Works Limited, an established UK based heat pump installation business, for an initial consideration of £1.75 million. Igloo is a subsidiary of Lightbulb ES Limited. The acquisition represents a significant milestone in delivering on Good…
Protecting A Business Requires More Than Security – Find Out What
Protecting a business requires more than just security. In the fast-paced world of business, companies need to be proactive in protecting their assets from all kinds of threats. From cybercrime to physical theft and vandalism, businesses need to make sure they’re taking all necessary precautions to ensure their operations remain safe and secure. Here are…
Capital for Colleagues has acquired MI Accountancy Solutions
LONDON, UK: Capital for Colleagues Plc, the investment vehicle focused on opportunities in the Employee Owned Business (‘EOB’) sector, has acquired the entire issued share capital of MI Accountancy Solutions Limited (MIA). MI Accountancy Solutions Limited (MIA) is a Staffordshire based accountancy firm which offers a range of accounting services, principally the preparation of management…
Investcorp to acquire US-based CLO manager, Marble Point Credit Management
NEW YORK: Investcorp, a leading global alternative investment firm, has agreed to acquire Marble Point Credit Management LLC, a leading US-based CLO manager. Specific terms of the transaction were not disclosed. “The proposed acquisition of Marble Point Credit Management is a significant milestone in Investcorp’s 40-year journey of growth through diversification, geographic expansion and building…
Metadvertise to acquire 51% of the capital of Triple A / PM SA Group for €36 million
PARIS, FRANCE: Metadvertise has entered into a definitive agreement with Park Capital relating to the acquisition of 51% of the capital of Triple A, which holds 75% of the capital of PM SA, a major player in audiovisual production in France and Europe. An internationally renowned firm has confirmed a 100% valuation of the Triple…
HeiQ Plc has acquired Chem-Tex Laboratories in North Carolina
LONDON, UK: HeiQ Plc (LSE: HEIQ) announced the acquisition of the land and property of Chem-Tex Laboratories Inc. in North Carolina, USA for a total consideration of US$2.5 million. US$550,000 will be paid in cash and US$1.95 million in HeiQ Plc shares. The acquisition will strengthen the Company’s footprint in the USA, which is a…