SYDNEY, AUSTRALIA: Latitude Group Holdings Limited (ASX: LFS) has entered into an agreement to sell Latitude Insurance Holdings to the St Andrew’s Insurance Group for $20.3 million. The sale will allow Latitude to release approximately $90 million of capital into…
SYDNEY, AUSTRALIA: BHP has submitted a non-binding indicative proposal to acquire 100% of the issued share capital in OZ Minerals (OZL), an Australia based modern mining company with a focus on copper. BHP’s Proposal to acquire all of OZL’s shares…
LONDON, UK: AMTE Power Plc, a leading manufacturer of battery cells for specialist markets, has signed a memorandum of understanding (MoU) with automotive engineering company Cosworth (“Cosworth”) to support the development of next-generation electric vehicles. The non-binding MoU paves the way for…
LONDON, UK: Frontier IP, a specialist in commercialising intellectual property, announced that portfolio company CamGraPhIC has raised £1.26 million through an equity funding round from existing and new investors to develop and scale up its graphene-based photonics technology for use…
LONDON, UK: Active Energy, the London quoted international biomass based renewable energy business, announced that trading in the company’s ordinary shares begun on the OTCQB Venture Market, in the United States, under the ticker symbol “ATGVF”. Trading on the OTCQB…
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…