LONDON, UK: Pensana Plc announced that Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further equity investment in the company of US$10.0 million. These funds will be directed towards the Longonjo project’s early works programme which is…
LONDON, UK: FD Technologies (AIM: FDP.L) announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating. With an established track record of building and growing global technology businesses, Reddy joins KX…
SYDNEY, AUSTRALIA: Atomos Limited (ASX: AMS) announced the appointment of interim Chief Executive Officer (CEO) and Chief Technology Officer (CTO), Trevor Elbourne, to the position of Chief Executive Officer, effective immediately. Trevor was appointed interim CEO in April 2022 and…
SYDNEY, AUSTRALIA: Core Lithium Ltd (ASX: CXO) announced the appointment of experienced and well-credentialed Mr Gareth Manderson as the Company’s new Chief Executive Officer, succeeding Stephen Biggins who announced his resignation as Managing Director in March. Mr Manderson has 28…
SYDNEY, AUSTRALIA: Lindian Resources Limited (ASX: LIN) announced the appointment of Alistair Stephens as Chief Executive Officer, effective from Monday 8 August 2022. The appointment follows Lindian’s recent announcement that it has agreed terms to acquire a 100% interest in…
LONDON, UK: Renold Plc, a leading international supplier of industrial chains and related power transmission products, has acquired the entire issued share capital of Industrias YUK S.A. for a total cash consideration of €24 million. Highlights Established in 1964, YUK…
LONDON, UK: Phoenix Group Holdings has acquired Sun Life UK, a closed book UK life insurance company, from Sun Life Financial Inc. for cash consideration of £248 million. This equates to an attractive price to shareholder Own Funds ratio of…
LONDON, UK: Manta Bidco Limited, a newly formed company owned by Remgro Limited and SAS Shipping Agencies Services, will acquire Mediclinic. The acquisition values the entire issued and to be issued ordinary share capital of Mediclinic at approximately £3.7 billion…
LONDON, UK: City of London Group announced Jean Murphy has been appointed as Chief Executive Officer of Recognise Bank Limited, the Company’s principal operating subsidiary. Jean Murphy previously held senior roles at a number of international banks, including Director of…
LONDON, UK: Informa Plc (LSE: INF.L) announced the completion of its Portfolio Focus programme following the divestment of Maritime Intelligence (Lloyd’s List) for £385m ($458m); Total value realised through the Group’s 2021-2024 Growth Acceleration Plan (GAP II) is c.£2.5bn (c.$3bn)….
LONDON, UK: M&G plc announced an agreement to acquire Continuum Financial Services, a fast-growing provider of independent financial advice. M&G is taking an initial 49.9% stake in the business this year with a scheduled agreement in place to acquire the…
LONDON, UK: Mustang Energy PLC (MUST) has entered into a conditional agreement with Acacia Resources Limited to acquire its 27.4 per cent interest in VRFB Holdings Limited. Acacia currently holds a 24.04 per cent interest in MUST and holds a…