SYDNEY, AUSTRALIA: Ava Risk Group Limited (ASX: AVA) announced Mal Maginnis will join the Company on 9 January 2023 as Chief Executive Officer, replacing Rob Broomfield, who will retire as CEO and Director. Mal Maginnis will join the Board of Directors in due course. Mal Maginnis is a seasoned leader of global technology-enabled businesses with…
Hg Capital becomes majority investor in TrustQuay
LONDON, UK: TrustQuay, a leading technology provider to the global trust, corporate and fund services industry, has today announced that Hg Capital, a leading software and services investor, has become majority investor in the business. TrustQuay provides entity management, client accounting, practice management, compliance and workflow software for trust, fund and corporate service providers around…
Gateley acquires Symbiosis IP Limited for £2.5 million
LONDON, UK: Gateley, the legal and professional services group, announced the acquisition of Symbiosis IP Limited for a maximum consideration of circa £2.5 million. Founded in 2008 by Directors, Julie Myint and Rob Docherty, Symbiosis IP is a chartered patent attorney firm specialising in IP services for the life sciences industry. Symbiosis IP is the…
Uniphar plc has acquired US healthcare agency Inspired Health
LONDON, UK: Uniphar plc announced the acquisition of Boston, MA headquartered Inspired Health. Inspired is a healthcare insights and intelligence consultancy. Using innovative market research techniques, Inspired assists its life science clients to better understand physicians, patients, administrators, and payers. These insights are leveraged to assist clients optimise product innovation and commercialise their assets. High…
Vodafone UK and CK Hutchison’s Three UK business combination on the cards
LONDON, UK: Vodafone confirms that it is in discussions with CK Hutchison Holdings Limited (CK Hutchison) in relation to a possible combination of Vodafone UK and Three UK. Hutchison 3G UK Ltd (Three UK) is a British telecommunications and internet service provider currently based in Reading, England. It is a subsidiary of CK Hutchison Holdings,…
Plus500 and Chicago Bulls announce new multi-year global partnership
LONDON, UK: Plus500’s first US-based sports sponsorship agreement with the iconic Chicago Bulls sees the inter-connectivity of finance and sport, aimed to drive awareness of the global multi-asset fintech group in the US. Plus500, a global multi-asset fintech group, is today announcing a major multi-year sponsorship agreement to become an official global partner of the…
Viktor Cherepov elected Chairman of PhosAgro Board of Directors
MOSCOW, RUSSIA: The Board of Directors of PhosAgro (LSE: PHOR), one of the world’s leading vertically integrated phosphate-based fertilizer producers, elected independent director Viktor Cherepov as its new Chairman at a meeting on October 3, 2022. Independent Director Andrey Sharonov, who previously held this post, notified the company of his decision to step down as…
Galileo Resources acquires a 29% shareholding in BC Ventures Limited
LONDON, UK: Galileo Resources plc announced that all conditions have been met in relation to the agreement to acquire a 29% shareholding in BC Ventures Limited; accordingly the company is issuing 50,000,000 Galileo Resources plc shares at a price of 1.2 pence per share being the consideration shares due in relation to the acquisition. As…
Paul Weir appointed permanent CEO of Genel Energy
OSLO, NORWAY: Genel Energy plc announced the appointment of Paul Weir as Chief Executive Officer, and as a member of the Board of Directors, with immediate effect. Paul Weir, who was previously Chief Operating Officer before being made Interim Chief Executive Officer in June this year, joined Genel Energy in January 2020. Paul had worked…
Orkla Food Ingredients to purchase 84% of US-based Denali Ingredients
OSLO, NORWAY: Orkla Food Ingredients (OFI) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, which is a leading ice cream ingredients business in the USA. The purchase price on a 100% and cash and debt free basis is USD 200 million, equivalent to NOK ~2.2 billion. Denali Ingredients has…
Pensana Plc signs a MoU for 25% of production
LONDON, UK: Pensana (PRE.L) has signed a memorandum of understanding for offtake of 25% of annual production to supply critical raw materials for production of magnet materials needed to support the burgeoning demand for electric vehicles and offshore wind. Pensana is extremely pleased to be entering into this strategic relationship by supplying Rare Earth oxides…
Drax acquires remaining 10% in Alabama Pellets LLC for $22mn
LONDON, UK: Drax Group it has agreed to acquire the remaining 10% minority interest in Alabama Pellets LLC joint venture, from Two Rivers Lumber Co LLC for a cash consideration of US$22 million. The acquisition of Pinnacle Renewable Energy Inc. in April 2021 included a change of control provision over Alabama Pellets, in which Two…