LONDON: Big Yellow Group announced the acquisition of an existing 53,000 sq ft self storage centre in Aberdeen for £10 million. The store, currently branded as Simply Self Storage, is the only purpose-built self storage centre in Aberdeen, and will be rebranded as Big Yellow. The purchase price represents a starting 6% net initial year…
iCandy completes Flying Sheep Studios acquisition
SYDNEY, AUSTRALIA: iCandy Interactive Limited (ASX: ICI) completed the 60% acquisition of European game developer, Flying Sheep Studios GmbH. As announced on 8 June 2022, the company will pay a total of EUR 2 million (AUD3.01 million), to be settled as follows: (A) EUR1.2 million (A$1.81 million) cash investment into Flying Sheep Studios in return…
Horizon Oil Limited appoints Richard Beament as MD & CEO
SYDNEY, AUSTRALIA: The Board of Horizon Oil Limited (Horizon) announced the appointment of Richard Beament as Managing Director and Chief Executive Officer, effective 1 July 2022. Christopher Hodge, the current Managing Director and Chief Executive Officer, will step down from the role on 1 July 2022 and has agreed to assist in an orderly transition…
The Reject Shop appoints Phillip Bishop as new Chief Executive Officer
SYDNEY, AUSTRALIA: The Reject Shop Limited (ASX: TRS) announced the appointment of Phillip Bishop as its new Chief Executive Officer. Phillip Bishop is an experienced retailer with 30 years of experience, most recently holding senior roles at Bunnings, including the role of Director Merchandise & Marketing, and prior to that in various senior roles at…
ReadyTech to acquire IT Vision at an upfront consideration of $23.1
SYDNEY, AUSTRALIA: ReadyTech Holdings has signed an agreement to acquire IT Vision, a specialist provider of local government focused technology. Upfront consideration of $23.1 million will be paid using a combination of 50% cash and 50% shares. Earnout consideration up to an additional $31.5 million (payable in cash and/or, subject to shareholder approval, ReadyTech shares)…
6 Types Of Software That Can Improve Your Business
There are a lot of software programs out there that can help improve your business. It can be overwhelming to try and figure out which ones you need, but we’ve got you covered. Here are six types of software that can help streamline your business processes and make your life easier. 1. Remote desktop software…
Tanmeyah Microfinance Services acquires Fatura Netherlands
CAIRO, EGYPT: Tanmeyah for Microfinance Services, a wholly-owned subsidiary of EFG Hermes Holding and Egypt’s leading provider of microfinance solutions, has concluded the acquisition of Fatura Netherlands B.V. Fatura is a fast-growing tech-driven Business-to-Business (B2B) platform with a regional footprint of 22 governorates in Egypt. Fatura is backed by prominent shareholders in the field with…
Solstad Offshore, DeepOcean and Østensjø team up in remote operations venture
OSLO, NORWAY: Solstad Offshore ASA, DeepOcean Group and Østensjø Group have joined forces to fast-track the adoption of remotely managed services in order to drive down operating costs and emissions for the marine and offshore industries. The three partners have established two joint ventures (JVs) to support the remote operations drive. One of the JVs,…
Air Liquide and Groupe ADP to create jointly develop hydrogen infrastructure at airports
PARIS, FRANCE: With this ambition of creating the first engineering joint venture dedicated to accompanying airports in their project to integrate hydrogen in their infrastructure, Air Liquide (Paris:AI) and Groupe ADP are strengthening their collaboration. This announcement follows a memorandum of understanding signed in 2021 to carry out feasibility studies to accompany the arrival of…
OCI expanding Port of Rotterdam Ammonia Import Terminal to meet extensive demand
AMSTERDAM: OCI N.V. (Euronext: OCI) has made a final investment decision (FID) for the first phase of its ammonia import terminal expansion project in the Port of Rotterdam in the Netherlands, a statement noted. The terminal is strategically located to facilitate emerging ammonia demand for bunkering to ocean-going vessels, and to act as a hub…
SpareBank 1 SR-Bank takes over corporate customer portfolio of Swedbank
OSLO, NORWAY: SpareBank 1 SR-Bank is taking over a corporate customer portfolio of around NOK 5.6 billion from Swedbank and entering a partnership that will result in greater growth and a stronger offer for the customers, a statement said. “The divestment and the partnership will enable us to strengthen the focus on our core business,…
MD of Tertiary Minerals Patrick Cullen resigns
LONDON, UK: Tertiary Minerals plc (LON: TYM), the AIM traded mineral exploration and development company, advised that it has received and accepted a letter of resignation from its Managing Director, Mr. Patrick Cullen, effective 20 June 2022. The Company will seek to recruit a replacement Managing Director, with Mr. Cullen’s responsibilities being assumed by other…