PARIS, FRANCE: Edenred, a leading digital platform for services and payments, has acquired New Jersey based IPS, a leading invoice automation vendor, through its corporate payment subsidiary Edenred CSI. This acquisition enhances Edenred CSI value proposition by expanding along the procure-to-pay value chain and integrating a turnkey invoice automation solution to its digital platform. By…
The Top Perks of Outsourcing Your Debt Collection Process
Debt collection can be tricky and time-consuming, especially if you don’t have a dedicated in-house team. It involves a lot of calls, following up with customers, and keeping track of payments and deadlines. This is where outsourcing your debt collection process can be a huge help. Working with a professional debt collection agency frees up…
Insig AI has signed a data partnership agreement with BRAIN
LONDON, UK: Insig AI plc (AIM: INSG), the data science and machine learning group, has signed a data partnership agreement with BRAIN, a research company specialising in Natural Language Processing (NLP) applications and algorithms for investment strategies. BRAIN has a team of data science and financial markets experts that work to deliver unique derived datasets…
CACEIS likely to acquire RBC Investor Services operations in Europe
PARIS, FRANCE: CACEIS and Royal Bank of Canada have signed a Memorandum of Understanding on the potential acquisition by CACEIS of RBC Investor Services operations in Europe. This transaction would further enhance CACEIS’ positioning as a global leader in asset servicing in Europe and worldwide with circa €4.8 trillion in Assets under Custody and €3.5…
Abu Dhabi Aviation receives business combination offer from ADQ Aviation
ABU DHABI, UAE: The Board of Directors of Abu Dhabi Aviation (ADA) announced that it has received an offer from ADQ Aviation and Aerospace Services LLC, a wholly owned subsidiary of Abu Dhabi Developmental Holding Company RISC (ADQ), to combine certain assets of ADQ Aviation with ADA. ADQ Aviation proposes to combine its shareholdings in…
ECIT AS signs agreement to acquire, 50.1% of Intunor Services AS
OSLO, NORWAY: ECIT AS announced that ECIT has entered into an agreement to acquire 50.1% of the shares in the Norwegian finance & accounting company Intunor Services AS including an option agreement to acquire the remaining 49.9% of the shares. The transaction is subject to regulatory approval and completion of the transaction and a closing…
Corcel Plc announces Singapore based upstream battery metal joint venture
LONDON, UK: Corcel Plc, the natural resource exploration and development company with interests in battery metals and flexible energy generation and storage, has entered into a memorandum of understanding (MOU) for the reorganization of the company’s battery metal mining interests in PNG into a new carried battery metal led Asian joint venture (JV) structure alongside the…
IQE signs strategic agreement with global consumer electronics leader
LONDON, UK: IQE plc, the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, announced the signing of a multi-year strategic agreement with a global consumer electronics leader based in Asia. The agreement is focused on the high-volume production of VCSELs for advanced 3D Sensing applications. The parties…
Board evaluates disposal of US Solar Fund plc
LONDON, UK: Since IPO, US Solar Fund plc (LON:USF) has successfully executed its strategy of delivering a sustainable dividend for shareholders. However, structural challenges in the US solar sector alongside a recent sustained discount of the share price to its net asset value have impeded the Company’s ability to grow its asset base. The Board…
DX Express with Silva Brothers launches electric vehicles for London parcel deliveries
LONDON, UK: DX Express division has launched a strategic initiative with Silva Brothers Limited (SBL) that will initiate the use of electric vehicles for its London parcel deliveries. DX Express has worked with SBL as one of its ‘final-mile’ delivery partners for parcels since 2021, and this electrification programme marks an evolution of this strong…
Vodafone partners Altice to deploy fibre-to-the-home to 7 million German homes
LONDON, UK: Vodafone Group Plc and Altice are creating a joint venture (FibreCo) to deploy fibre-to-the-home (FTTH) to up to 7 million homes over a 6-year period. Vodafone operates a leading next generation broadband network in Germany, currently offering up to 1Gbps connections to over 24 million homes. This partnership with Altice is complementary to…
Avon Protection appoints Jos Sclater as Chief Executive Officer
LONDON, UK: The Board of Avon Protection plc announced the appointment of Jos Sclater as Chief Executive Officer, with effect from 16 January 2023. Jos Sclater joins Avon Protection having spent the last 3 years as Group Chief Financial Officer at Ultra Electronics plc. In this role, Jos led a broad-based transformation programme focused on…