SYDNEY, AUSTRALIA: The directors of Thor Mining Plc announced that OZ Minerals Limited will provide funding support for technical investigations into In Situ Recovery (ISR) technology at the EnviroCopper Ltd (ECL), Kapunda copper-gold ISR Project, in South Australia. Thor owns 30% equity in ECL. Project highlights: OZL has committed AUD$2.5 million over 18 months to…
Kongsberg Automotive divests part of Shawinigan operations for EUR 104mn
ZURICH: Kongsberg Automotive ASA and its subsidiary Kongsberg Inc have entered into a definitive agreement for the sale of a part of its Shawinigan operations in Canada to BRP for a total enterprise value of CAD 136 million (EUR 104 million). Kongsberg Automotive (KA) provides cutting-edge technology and engineering to the global vehicle industry. KA…
Global Ports Holding adds Canary Islands ports to network
LONDON, UK: Global Ports Holding Plc (GPH), the world’s largest independent cruise port operator, announced that Global Ports Canary Islands S.L. (GPCI), an 80:20 joint venture between GPH and local partner Sepcan S.L., has successfully completed the competitive RFP process for certain Canary Island cruise ports having received final acceptance for the concessions for three…
WSP Group to acquire RPS Group for £591.1 million
LONDON, UK: WSP Holdings, or another wholly-owned subsidiary of WSP Global, will acquire the entire issued and to be issued share capital of RPS Group, a global professional services firm of consultants and service providers, headquartered in Abingdon, Oxfordshire. Under the terms of the acquisition, RPS shareholders will be entitled to receive 206 pence in…
Independent Investment Trust to merge into The Monks Investment Trust
LONDON, UK: The Board of The Monks Investment Trust announced that heads of terms have been agreed for a proposed combination of the company with The Independent Investment Trust. The combination, if approved by each company’s shareholders, will be implemented through a scheme of reconstruction pursuant to section 110 of the Insolvency Act 1986, resulting…
Supreme Plc (AIM:SUP) acquires Cuts Ice Limited and Flavour Core Limited
LONDON, UK: Supreme Plc (AIM:SUP) announced the purchase of trade and assets of Cuts Ice Limited and Flavour Core Limited. Cuts Ice is an independent vaping manufacturer with major own brands as well as OEM manufacturing contracts, and Flavour Core is a flavour development and regulatory compliance business in e-liquids. Cuts Ice has also developed…
Coca-Cola HBC to acquire Three Cents, the adult sparkling beverage and mixer business, for €45mn
ZUG, SWITZERLAND: Coca-Cola HBC AG announced that its wholly-owned subsidiary, CC Beverages Holdings II B.V., has reached an agreement to acquire ESM Effervescent Sodas Management Limited from S.I.C.C Holding Limited, a wholly-owned subsidiary of IDEAL Holdings SA, a publicly-listed company in Greece. The agreed enterprise value amounts to €45 million, subject to certain closing adjustments….
Clean TeQ Water secures option to acquire Soane Labs’ Accelerated Dewatering Technology
MELBOURNE, AUSTRALIA: Clean TeQ Water Limited announced the signing of an exclusive global technology licence agreement with Soane Labs LLC for its Accelerated Dewatering Technology, known as ATA. The agreement provides Clean TeQ Water with an exclusive global licence to exploit the ATA technology, with an option to purchase the technology, at Clean TeQ Water’s…
Boeing to start deliveries of its 787 Dreamliners aircraft in few days
ARLINGTON, USA: Boeing (NYSE: BA) will resume deliveries of its 787 Dreamliners aircraft in the coming days, nation’s Federal Aviation Administration said on Monday. Deliveries of the wide-body jetliners have been suspended for much of the past two years as regulators and Boeing reviewed a series of manufacturing flaws. American could receive a new Dreamliner…
Seplat Energy gets ministerial consent to $1.28bn purchase of Exxon Mobil’s Nigerian entities
LAGOS, NIGERIA: Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, has received Ministerial Consent to Seplat Energy Offshore Limited’s (a Seplat Energy subsidiary) for the cash acquisition of Mobil Producing Nigeria Unlimited (MPNU), Mobil Development Nigeria Inc (MDNI) and Mobil Exploration Nigeria Inc (MENI), being…
Registering a company in Hong Kong: is it possible?
Registration of a company in Hong Kong follows a clear algorithm of actions. To do this, it is useful to know not only the laws of Hong Kong, but also the procedure and list of documents that you will need to provide to open your business and avoid the majority of mistakes. The businessman is…
The Complete Guide to Hiring an iOS App Developer
The world of app development is constantly changing. With the invention of new technologies, the demand for developers who are skilled in these technologies also increases. There are many factors to consider before hiring an iOS app developer. The most important ones are their experience and expertise in the field, their location and their cost….