SYDNEY, AUSTRALIA: OZ Minerals Limited (ASX: OZL) received an unsolicited, conditional and non-binding indicative proposal from BHP Group Limited (ASX: BHP) to acquire all shares in OZ Mineralsfor A$25.00 per share in cash via scheme of arrangement. OZ Minerals Board has carefully assessed the Indicative Proposal including with the assistance of its financial and legal…
Latitude Group to sell Hallmark Insurance for $20.3mn
SYDNEY, AUSTRALIA: Latitude Group Holdings Limited (ASX: LFS) has entered into an agreement to sell Latitude Insurance Holdings to the St Andrew’s Insurance Group for $20.3 million. The sale will allow Latitude to release approximately $90 million of capital into its core business, simplify its business model, reduce costs, streamline technology and optimise shareholder returns….
BHP proposes to acquire OZL for A$25 per share
SYDNEY, AUSTRALIA: BHP has submitted a non-binding indicative proposal to acquire 100% of the issued share capital in OZ Minerals (OZL), an Australia based modern mining company with a focus on copper. BHP’s Proposal to acquire all of OZL’s shares for cash consideration of A$25.00 per share represents a compelling value proposition for OZL shareholders….
This Research Will Help You Correctly Position Your Brand
The most effective way to persuade your audience that your product or service is excellent is by developing a strong brand. Through branding, you can reach the hearts and minds of customers. It’s vital you understand that giving your company a voice and communicating your identity to your market is the goal of branding. And…
3 Different Forms of CBD and Their Benefits
There is no doubt about the benefits of CBD on general health. Many studies have confirmed that the chemical compound can alleviate numerous health problems like anxiety, stress, epilepsy, etc.
How Your Banking Partner’s Tech Stack Affects Your Business Operations
It goes without saying that to have your business perform well in the ongoing internet age, you need a solid arsenal of digital tools. From payment portals to chatbots, technology is necessary for your business to manage day-to-day tasks and keep up with consumer demands in a digital era. Financial transactions make up a large…
AMTE partners Cosworth to develop next-generation engines for EVs
LONDON, UK: AMTE Power Plc, a leading manufacturer of battery cells for specialist markets, has signed a memorandum of understanding (MoU) with automotive engineering company Cosworth (“Cosworth”) to support the development of next-generation electric vehicles. The non-binding MoU paves the way for AMTE Power to supply its Ultra High Power (“UHP”) cells for use in Cosworth’s advanced…
CamGraPhIC announces £1.26 million fundraising
LONDON, UK: Frontier IP, a specialist in commercialising intellectual property, announced that portfolio company CamGraPhIC has raised £1.26 million through an equity funding round from existing and new investors to develop and scale up its graphene-based photonics technology for use in high-speed data and telecommunications networks. Sir Michael Rake, the former chair of BT Group…
Active Energy commences trading on the OTCQB Market in United States
LONDON, UK: Active Energy, the London quoted international biomass based renewable energy business, announced that trading in the company’s ordinary shares begun on the OTCQB Venture Market, in the United States, under the ticker symbol “ATGVF”. Trading on the OTCQB will have no direct impact on the trading of Active Energy’s existing Ordinary Shares on…
Angolan Sovereign Wealth Fund invests $10mn in Pensana Plc
LONDON, UK: Pensana Plc announced that Fundo Soberano de Angola (FSDEA), the Angolan Sovereign Wealth Fund, will make a further equity investment in the company of US$10.0 million. These funds will be directed towards the Longonjo project’s early works programme which is now underway, including: Establishment of the construction camp, site offices and associated infrastructure ahead of…
FD Technologies appoints Ashok Reddy as CEO of KX
LONDON, UK: FD Technologies (AIM: FDP.L) announces the appointment of Ashok Reddy as Chief Executive Officer of KX, reporting directly to Group CEO Seamus Keating. With an established track record of building and growing global technology businesses, Reddy joins KX at an optimal moment, with growth in annual recurring revenue accelerating and the signing of…
A Guide To Understanding The Different Ways To Earn Cryptocurrencies
If you’re a newcomer to cryptocurrencies, figuring out a way to earn them can be challenging. Sure, you can use “traditional” currency to buy it, but that’s not the only option out there. If you’re looking for a way to earn cryptocurrency without making a purchase, you’re in the right place. This guide will help…