CAIRO, EGYPT: valU, MENA’s leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced today that it acquired 100% of Paynas, a full-fledged employee management and benefits company that provides financial services to micro, small, and medium enterprises (MSME) in a signing ceremony attended by Dr. Rania A. Al-Mashat, Minister of International Cooperation The acquisition builds on…
Crayon signs multimillion managed service deal with Germany-based automotive supplier
OSLO, NORWAY: Crayon Group Holding ASA (OSE: CRAYN) has signed a multimillion managed service agreement with a Germany-based, global automotive supplier. Crayon will provide software asset management, FinOps, and technology-related strategic advisory services over a three-year period. “Our DNA of optimizing software and cloud investments continues to be a key strategic priority for our customers,”…
DNO ASA buys Mondoil Enterprises from RAK Petroleum for $117.25mn
OSLO, NORWAY: DNO ASA, the Norwegian oil and gas operator, entered into a transaction agreement pursuant to which RAK Petroleum plc will transfer its ownership of Mondoil Enterprises LLC to DNO. The all-share transaction comprises Mondoil Enterprises’ 33.33 percent indirect interest in privately-held Foxtrot International LDC whose principal assets are operated stakes in offshore production…
PWR Holdings has acquired UK based Docking Engineering
SYDNEY, AUSTRALIA: PWR Holdings Limited (ASX: PWH) announced acquisition of the UK based business, Docking Engineering, which was concluded on 19 August 2022. Operating out of Silverstone, UK, close to PWR Europe’s offices, Docking Engineering is a leading supplier of racing radiators, oil coolers, charge air coolers and motorsport fabrications. Docking fabrications can be found…
Albioma acquires portfolio of photovoltaic power plants in Brazil
PARIS, FRANCE: Albioma, an independent renewable energy producer, finalised on 17 August 2022 the acquisition of a portfolio of six photovoltaic power plants in Brazil with a total installed capacity of 31.6 MWp. Under the terms of the contract signed with GreenYellow, expert in decentralized solar photovoltaic production, energy efficiency projects and energy services in…
EQT Holdings will acquire AET from SFG Australia for $135mn
SYDNEY, AUSTRALIA: EQT Holdings Limited (ASX: EQT) will acquire Australian Executor Trustees (AET) from SFG Australia Limited, a wholly owned subsidiary of Insignia Financial Limited (ASX:IFL) for total cash consideration of $135 million. The acquisition will be funded through a combination of debt and equity, including $125 million from an equity raising, comprising a $40.4…
Good Drinks Australia will acquire Stomping Ground for $11.5mn
SYDNEY, AUSTRALIA: Good Drinks Australia (ASX: GDA) has executed a binding term sheet to acquire leading Victorian-based brewery Stomping Ground for $7 million cash, 4.5 million GDA Ordinary Shares and a trailing 5-year performance component, a bourse filing noted. The transaction will be funded using debt facilities and on-going operating cashflows from the business and…
Flynn Gold Limited appoints Neil Marston as Chief Executive Officer
SYDNEY, AUSTRALIA: Flynn Gold Limited (ASX: FG1) announced the appointment of Mr Neil Marston as the Company’s Chief Executive Officer, with effect from 24 August 2022. Neil was the founding Managing Director and Company Secretary of Bryah Resources Limited. Prior to this he was the Managing Director and Company Secretary of Horseshoe Metals Limited. Neil…
Common Mistakes That Most Call Centers Make
Most people think that call centers are a simple business. You answer the phone and take customer orders, right? Wrong. There’s a lot more to it than that. Call centers can be a very complex business, especially if you’re not doing things the right way. Here are three common mistakes that most call centers make…
Proton Motor Power Systems launches large power generation pack
LONDON, UK: Proton Motor Power Systems (AIM: PPS), the designer, developer and producer of fuel cells and fuel cell electric hybrid systems with a zero-carbon footprint, announced the launch of a large power generation pack, based on its PM module producing 90 kW of gross power. The pack is based on the new generation of…
Rainbow enters into rare earths extraction master agreement
LONDON, UK: Rainbow Rare Earths has entered into a Master Agreement with OCP S.A., the Moroccan world leading producer of phosphate products, and Mohammed VI Polytechnic University (UM6P), a Moroccan university with a strong focus on science, technology and innovation, to further investigate and develop the optimal technique for the extraction of rare earth elements…
Microsaic Systems signs partnership with Kingfield Electronics
LONDON, UK: Microsaic Systems plc (AIM: MSYS) announced that Kingfield Electronics Limited has appointed Microsaic as an Authorised Partner for front-end research, development, and engineering product development in scientific instrumentation and micro-engineering adding these complementary services to its existing offering of fully integrated turnkey solutions, box build, printed circuit board assembly (“PCBA”), commissioning, final test,…