LONDON, UK: Cornerstone FS plc (AIM: CSFS) has entered into an agreement to acquire the entire issued and to be issued share capital of Pangea FX Limited, a specialist FX and treasury consultancy. The total consideration payable for the acquisition is up to £200,000 (dependent upon future performance), which is to be satisfied by cash…
Saint-Gobain divests some glass processing sites in France
LONDON, UK: Saint-Gobain announced the closing of the sale of Saint-Gobain Glassolutions Grand Ouest glass processing business to a group of private investors, led by former Saint-Gobain managers. This business, which operates in glass processing in the North-West region of France and glass installation in France, generated sales of around €60 million in 2021 and…
Surefire Resources NL appoints Cain Fogarty as CEO
SYDNEY, AUSTRALIA: Surefire Resources NL (ASX: SRN) announced the appointment of Mr Cain Fogarty as Chief Executive Officer (CEO) effective 11 August 2022. Managing Director Vladimir Nikolaenko said “The Board and I are delighted with the appointment of Mr Fogarty at this pivotal time as we advance the Company’s key vanadium projects at Victory Bore…
Daniel O’halloran appointed Executive Chairman, Maciek Kiernikowski appointed next CEO of TYMLEZ
SYDNEY, AUSTRALIA: The TYMLEZ Board announced that Mr Daniel O’Halloran has been appointed Executive Chairman and Mr Maciek Kiernikowski has been appointed CEO of TYMLEZ, effective today. Mr O’Halloran’s appointment as Executive Chairman follows his two years as CEO, during which time he steered the Company through the unprecedented challenges of the COVID-19 pandemic, transforming…
A Complete Guide to Using a CBDv Isolate
CBD is becoming a more widely used medicine. It can be used to treat various ailments whether it’s anxiety, chronic pain, or even insomnia. This has made product developers create more ways for people to consume CBD. This includes tinctures, edibles, elixirs, and a variety of inhalers. One recent product is called the CBDv Isolate….
Seadrill Limited announces sale of seven jack-ups to Saudi Arabia
HAMILTON, BERMUDA: Seadrill Limited has entered into a binding Share Purchase Agreement (“SPA”) with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities that own and operate seven jack-ups in the Kingdom of Saudi Arabia. Upon completion of the Jack-up Sale, the AOD I, AOD II, AOD III, West Callisto, West Ariel, West…
Scana to supply marine risers to drilling operations in West Africa
BERGEN, NORWAY: Scana-owned PSW Technology has signed an important agreement with Odfjell Drilling for the delivery of marine risers to operations in West Africa. The agreement involves rental of a complete riser package for a period of minimum 18 months. The risers will be used in its upcoming operations in West Africa. PSW’s work starts…
Kin + Carta named as a constituent of the FTSE4Good Index
LONDON, UK: Kin and Carta plc, the international digital transformation (DX) company is pleased to announce it has been included in the FTSE4Good Index Series following the June 2022 review of the Index Series. Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of…
Quixant gets mass production order for gaming cabinet solutions
LONDON, UK: Quixant Plc (AIM:QXT), a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries, has received its first mass production order, valued at c. $4m, for its new range of turnkey gaming cabinet products. Quixant’s customer will integrate their game software to our turnkey gaming cabinet solutions…
Rio Tinto to acquire full ownership of Turquoise Hill for C$43 per share in cash
LONDON, UK: Rio Tinto and Turquoise Hill Resources Ltd. have reached an agreement in principle for Rio Tinto to acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the “Transaction”). The agreement has the unanimous approval of…
WPP acquires ecommerce consultancy Newcraft
LONDON, UK: WPP Plc is acquiring Newcraft, a leading, data-first European ecommerce consultancy based in the Netherlands. Newcraft unlocks business opportunities for its global clients including Ahold Delhaize, Pon Holdings, Yakult and JDE Peet’s by combining transformation strategy with operational commerce expertise to deliver growth and tangible business results. Founded in 2007, Newcraft supports organisations…
Serco acquires ORS, a Swiss-based provider of immigration services, for £39mn
LONDON, UK: Serco Group, the international supplier of services to governments, has acquired ORS, a specialist provider of immigration services to public sector customers in Switzerland, Germany, Austria and Italy. The business is to be acquired for a total consideration of up to CHF44m (£39m). ORS’s revenue for the year ended 31 December 2021 was…