In recent years, a new type of digital asset has taken the world by storm: non-fungible tokens, or NFTs. Unlike Bitcoin and other cryptocurrencies, which are interchangeable units of value, NFTs are unique, one-of-a-kind assets representing anything from digital artwork and collectibles to in-game items and virtual real estate. Thanks to their uniqueness, NFTs have…
Sanderson Design Group collaborates with Disney
LONDON, UK: Sanderson Design Group (AIM: SDG), the luxury interior design and furnishings group, announced an exciting collaboration with Disney. Under the terms of the licensing agreement, the Group’s Sanderson brand will be able to create wallpapers and fabrics based on a wide range of Disney Classic franchises. The Group’s Sanderson archive has a unique…
Thoma Bravo has acquired Mercell Holding
SAN FRANCISCO: Thoma Bravo, a leading software investment firm, and Mercell Holding ASA announced the completion of Thoma Bravo’s acquisition of Mercell, a European provider of e-tendering and procurement systems. Mercell, founded in 1999 and headquartered in Oslo, Norway, is the European market’s leading e-tendering software for public buyers and tender notification software for public…
Mondi to acquire Duino mill from the Burgo Group for €40 million
LONDON, UK: Mondi plc has agreed to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to convert this paper machine to produce around 420,000 tonnes per annum of high-quality recycled containerboard…
Scotland launches its first autonomous shuttle project with Navya
PARIS, FRANCE: NAVYA, an autonomous mobility systems leader, announced a new partnership with Inverness Campus to deploy a new project with a Navya Autonomous shuttle. Inverness Campus is hosting the first Autonomous Vehicle (AV) passenger service pilot in Scotland. The AV vehicle has arrived in the Highlands and the eagerly awaited trials are now underway…
U.S. Vanadium and Invinity sign MoU to form U.S. Joint Venture
LONDON, UK: Invinity Energy Systems, leading global manufacturer of utility-grade energy storage, is pleased to announce it has signed a Memorandum of Understanding (MoU) with U.S. Vanadium LLC (USV) which expresses mutual intent to create a U.S.-based joint venture (JV) focused on building and selling vanadium flow batteries in the United States of America. The…
Rainbow Rare Earths becomes member of European Raw Material Alliance
LONDON, UK: Rainbow Rare Earths has become a member of the European Raw Material Alliance (ERMA). ERMA is working to ensure reliable, secure, and sustainable access to critical and strategic raw materials, with a specific focus on the rare earth magnet chain. Aiming to make Europe economically more resilient, ERMA is looking to diversify supply…
GSK completes $2.6bn acquisition of Affinivax Inc.
LONDON: GSK plc (LSE: GSK) has completed the acquisition of Affinivax, Inc (Affinivax), a clinical-stage biopharmaceutical company based in Cambridge (Boston, Massachusetts). Under the terms of the agreement, GSK has acquired 100% of the outstanding shares of Affinivax. The acquisition comprised an upfront payment of $2.1 billion paid upon closing and two potential milestone payments…
BHP Group announces changes to its executive leadership team
LONDON, UK: BHP Group has announced two changes to the Executive Leadership Team (ELT) that will take effect on 1 October 2022. Edgar Basto will be appointed Chief Operating Officer and Geraldine Slattery will be appointed President Australia. Chief Operating Officer As Chief Operating Officer Mr Basto will enable acceleration in safety and productivity improvement…
LondonMetric sells four assets for £26 million
LONDON, UK: LondonMetric Property Plc has sold four assets, in two separate transactions, for £25.6 million, reflecting a blended NIY of 5.3%. The properties have a WAULT of five years and comprise: · a portfolio of three multi-let industrial assets totalling 53 units across 235,000 sq ft, located in Halesowen and Aston, Birmingham. The properties…
Cloudbreak Discovery to fund Iron Forge Holdings’ Butte Strawn Energy Project
LONDON, UK: Cloudbreak Discovery (LSE: CDL), a leading natural resources project generator with a focus on commodities required for the energy transition, has entered into an agreement with Iron Forge Holdings (III) Ltd. (IF3) whereby Cloudbreak will provide IF3 with USD $1.5 million in development capital for the Butte Strawn Energy Project located in Irion County,…
Savannah Energy signs new gas sales agreement with Notore Chemical Industries
LONDON, UK: Savannah Energy, the British independent energy company focused around the delivery of Projects that Matter in Africa, announced that the Company’s 80% indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement (“GSA”) with Notore Chemical Industries. Accugas will supply Notore with up to 10 MMscfpd of gas to augment…