LONDON, UK: Long Term Assets Limited (LTA), a Guernsey investment company, announced its intention to admit its shares to trading (ITF) on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Long Term Assets Limited (LTA) will then launch a 12-month placing programme, aimed in particular at UK pension funds and…
Emerge Gaming to acquire a profitable VAS business (Mobimedia)
SYDNEY, AUSTRALIA: Emerge Gaming Limited (ASX: EM1) has entered into an agreement to acquire a profitable VAS business (Mobimedia) from Australian Content Management Pty Ltd for a consideration of A$650,000. The acquisition of this VAS business expands the Company’s MNO partnerships into new Indian Ocean countries and territories consistent with its overall MNO (B2B2C) Strategy….
My Food Bag Group appoints Mark Winter as permanent CEO
SYDNEY, AUSTRALIA: My Food Bag Group announced the appointment of Mark Winter as the permanent Chief Executive Officer, effective immediately. Mark has been the interim CEO of My Food Bag since the departure of Kevin Bowler on 14 October 2022 and before that was the company’s Chief Financial Officer. Mark joined My Food Bag in…
SciDev Ltd appoints Seán Halpin as Chief Executive Officer
SYDNEY, AUSTRALIA: SciDev Ltd (ASX: SDV) announced the appointment of Seán Halpin as Chief Executive Officer. Seán has been serving as Interim CEO since April 2022. SciDev is a leader in the environmental solutions market focused on water-intensive industries. SciDev brings together world-class technology, chemistry and application to solve pressing operational and environmental issues for…
Nexans signs agreement to acquire Reka Cables for EUR 53 million
PARIS, FRANCE: Nexans SA has entered into a Share Purchase Agreement with Reka Industrial Plc to acquire Reka Cables for an equity price of 53 million euros, including a financial net debt of 6.5 million euros as of end of September 2022. Nexans expects to fund the acquisition with a mix of available cash and…
Mutares SE acquires controlling stake in Peugeot Motocycles
MUNICH, GERMANY: Mutares SE & Co. has submitted an irrevocable binding offer to acquire 50% of equity and a controlling stake of 80% in Peugeot Motocycles (PMTC). Mahindra & Mahindra Ltd. (M&M) remains co-shareholder to support new product launches and the strong growth expected in the coming years. The closing of the transaction is expected…
The Ultimate Guide of back support
The importance of back support The average person spends a good chunk of their day sitting down. Whether you’re at a desk, in a car, or on the couch, there are ways to make sure you’re doing it with proper back support. This guide will teach you everything you need to know about supporting your…
Apax IX Fund signs sale of Kepro to CNSI
LONDON, UK: The Apax IX Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has signed the sale of its entire stake in portfolio company Kepro to CNSI, a provider of healthcare technology products and solutions. Kepro is a leading provider of tech-enabled solutions to government-sponsored healthcare programs. The transaction values AGA’s…
Regal Partners submits improved offer of A$33/share for Perpetual Limited
SYDNEY, AUSTRALIA: Regal Partners in a strategic consortium with Morello Pte. Limited has submitted an improved non-binding and indicative all-cash proposal to Perpetual Limited for the acquisition of 100% of the ordinary fully paid shares in Perpetual by way of a scheme of arrangement for a price of A$33.00 per share. Perpetual is an Australian…
Sukhinder Singh Cassidy appointed new CEO of Xero Limited
WELLINGTON, NEW ZEALAND: Xero Limited (ASX: XRO) announced the appointment of Sukhinder Singh Cassidy as Xeroʼs new CEO, from 1 February 2023. Sukhinder will succeed Steve Vamos. Sukhinder is an experienced Silicon Valley executive, with more than 25 yearsʼ global leadership experience, including as President, Asia Pacific & Latin America at Google; President at StubHub;…
Sandfire Resources appoints Brendan Harris as MD & CEO
SYDNEY, AUSTRALIA: Sandfire Resources Limited announced the appointment of highly experienced mining executive Mr Brendan Harris as the Company’s Managing Director and Chief Executive Officer (CEO). The appointment marks the completion of a global executive search that followed founding CEO Karl Simich’s decision to step down from the role on 30 September 2022. Mr Harris…
Gustavo Calvo Paz appointed as new Chief Executive Officer of Ontex
BRUSSELS, BELGIUM: Ontex (Euronext: ONTEX) has appointed Mr. Gustavo Calvo Paz as new Chief Executive Officer, with effect from November 14, 2022, succeeding Ms. Esther Berrozpe. Mr. Calvo Paz has a deep understanding of the industry and has vast category knowledge and international experience in operations and strategy within the sector. Born in Argentina and…