LONDON, UK: Mode Global Holdings (LSE: MODE), the LSE-listed fintech group, has received confirmation from the FCA that Mode can add multi-tokens to the Mode App. Launching later this year, Mode will be gradually adding 10 new tokens to its platform for users to buy and sell. These are: Ethereum, Cardano, Solana, Polygon, British Pound…
The Market Herald is acquiring Gumtree Australia, Autotrader Australia and Carsguide
SYDNEY, AUSTRALIA: The Market Herald Limited (ASX:TMH) is acquiring Gumtree Australia, Autotrader Australia and Carsguide as part of the digital classified advertising expansion. Acquiring Gumtree, Carsguide and Autotrader Gumtree is an iconic brand and marketplace used by 1 in 3 Australians and 10 million households every month. With over 100,000 new listings every day, 3.5…
Johns Lyng Group announces retirement of Trevor Bright, acquisition of 44.5% equity interest in Bright & Duggan
SYDNEY, AUSTRALIA: Johns Lyng Group (ASX: JLG) announced the retirement of Bright & Duggan Executive Chairman, Trevor Bright, and completion of the acquisition of his 44.5% equity interest in the JLG subsidiary specialising in strata and building management (effective 25 August). The purchase price was $25.6m for the 44.5% equity interest comprising $15.4m in cash…
AVADA Group has acquired business and assets of Construct Traffic
SYDNEY, AUSTRALIA: AVADA Group Limited (ASX:AVD), the recently listed provider of traffic management control services in Australia, has completed the acquisition of the business and assets of Construct Traffic Pty Ltd as trustee for the Construct Traffic Unit Trust, trading as Construct Traffic. KEY HIGHLIGHTS: • Acquisition of a leading traffic management company in Victoria,…
DNO finds oil at Ofelia
OSLO, NORWAY: DNO ASA, the Norwegian oil and gas operator, today confirmed an oil discovery on the Ofelia prospect in the Norwegian North Sea license PL929 in which the Company holds a 10 percent interest. The well encountered a 73-meter oil column in Lower Cretaceous Agat Formation sandstones of moderate to good reservoir quality. Preliminary…
Everfuel signs MoU with Karlstads Energi for establishing a hydrogen hub
HERNING, DENMARK: Everfuel A/S announced the signing of a Memorandum of Understanding (MoU) with Karlstads Energi for a collaboration on developing a hydrogen hub in Karlstad, Sweden. The two parties plan to explore the commercial and technical feasibility of constructing a 20 MW electrolysis facility as a first phase of the hub development. The facility…
Financial market solutions provider Infront to acquire Assetmax AG
OSLO, NORWAY: Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest, subject to customary…
Bonhill has sold Business Solutions & Governance division to Stubben Edge
LONDON, UK: Bonhill Group plc (AIM: BONH), a leading B2B media business specialising in financial services providing media, events and data & analytics, announces the sale of its Business Solutions & Governance (BSG) division for cash consideration of £723,000 to Stubben Edge Group Limited. The BSG division comprises brands, including SmallBusiness.co.uk, GrowthBusiness.co.uk, Information-Age.com, and DiversityQ…
OpenText Corporation to acquire Micro Focus International for £1.8 billion
LONDON, UK: OpenText Corporation has agreed to acquire Micro Focus International, the world’s largest enterprise software providers. Under the terms of the acquisition, each Micro Focus shareholder will be entitled to receive 532 pence in cash per share. The acquisition values the entire issued and to be issued ordinary share capital of Micro Focus at…
Alumasc Group has sold Levolux Limited to Talrus Limited
LONDON, UK: Alumasc Group, the premium building products, systems, and solutions group, has sold Levolux Limited to Talrus Limited, a company associated with Rcapital Partners LLP, a leading private Investor. Levolux, which formed part of Alumasc’s Building Envelope division, designs, manufactures, and installs solar shading systems, architectural solutions and balconies that are used to enhance…
JTC Plc propose to acquire New York Private Trust Company (NYPTC)
LONDON, UK: JTC Plc, the global professional services business, announced the proposed acquisition of New York Private Trust Company (NYPTC), a Delaware non-deposit trust company, headquartered in Delaware, USA. NYPTC offers a broad range of fiduciary services, including trust services, estate administration services and white label trust services to high net worth and ultra-high net…
Perpetual Limited to acquire 100% shares in Pendal Group
SYDNEY, AUSTRALIA: Perpetual Limited (ASX:PPT) has entered into a binding Scheme Implementation Deed with Pendal Group (ASX:PDL) under which Perpetual intends to acquire 100% of shares in Pendal by way of a Scheme of Arrangement. The combination of these two highly aligned businesses will create a leading global asset manager with significant scale, a broad…