LONDON, UK: Fineqia International Inc. (CSE: FNQ) has made its second cash investment to support its existing equity stake in Nivaura Ltd. Nivaura seeks to transform capital market transactions by automating workflow documentation of structured data and digitizing end-to-end capital market processes, such as bond issuances. This investment follows the Fineqia International’s initial investment in…
Google is buying cybersecurity firm Mandiant for $5.4 billion
LONDON, UK: Alphabet Inc’s Google is buying cybersecurity firm Mandiant Inc for $5.4 billion. A shift to remote working during the pandemic, as well as the Russia-Ukraine conflict, has fueled a spike in cyberattacks and bolstered demand for security software, a market expected to more than double to $352.25 billion by 2026 from 2020, according…
Techstep signs managed mobility solutions agreement with HeidelbergCement
OSLO, NORWAY: Techstep has signed an agreement with the building materials manufacturer HeidelbergCement in Norway, to provide its Managed Mobility Solutions, SmartDevice to 1,000 users in the country. SmartDevice is Techstep’s mobile device lifecycle solution powered by Techstep’s own lifecycle handling software, including online store, self-service management portal for end-users and administrators, and the purchase…
Jinhui Shipping and Transportation sells a Supramax vessel for $13.9mn
OSLO, NORWAY: The Board of Jinhui Shipping and Transportation Limited announced that a wholly-owned subsidiary of the company entered into a memorandum of agreement on 8 March 2022 for the disposal of a Supramax at a consideration of $13.9 million. The vessel will be delivered to the purchaser or its nominee between 15 March 2022…
British Land sells 50% of the Canada Water Masterplan to AustralianSuper
LONDON, UK: British Land has announced the sale of 50% of British Land’s share in the Canada Water Masterplan to AustralianSuper for £290 million. Following completion of the sale, British Land and AustralianSuper formed a 50:50 joint venture to accelerate the delivery of this 53 acre development, which is one of the largest and most…
Shell to stop purchasing Russian crude oil with immediate effect
LONDON, UK: Shell plc has announced its intent to withdraw from its involvement in all Russian hydrocarbons, including crude oil, petroleum products, gas and liquefied natural gas (LNG) in a phased manner, aligned with new government guidance. As an immediate first step, the company will stop all spot purchases of Russian crude oil. It will also shut…
CentralNic completes VGL acquisition, FT1000 inclusion
LONDON, UK: CentralNic Group plc (AIM: CNIC), the global internet platform company, has completed the acquisition of VGL Verlagsgesellschaft mbH, Berlin, Germany and its subsidiaries from its former shareholders, a bourse filing mentioned. VGL has been acquired for an enterprise value of EUR 60 million, with an initial consideration of EUR 67 million (approx. US$75…
Ceres and HORIBA MIRA partner to accelerate hydrogen and fuel cell technologies
HORSHAM, UK: Ceres Power Holdings plc (AIM: CWR.L), a global leader in fuel cell and electrochemical technology, has signed a long-term agreement with HORIBA MIRA, Europe’s leading engineering and testing consultancy, to expand the UK’s delivery of new fuel cell and hydrogen technology to international markets. Ceres selected HORIBA MIRA and the wider HORIBA group…
Aquis Exchange to add Czech and Hungarian blue-chip stocks trading
LONDON, UK: Aquis Exchange PLC (AQX.L), the exchange services group, is to add Czech and Hungarian blue-chip stocks to trading on its pan-European MTFs business, Aquis Exchange. During the second quarter of 2022, some 300 additional stocks will be made available for trading on the Aquis Exchange UK and Aquis Exchange EU platforms, including the…
Sanctions against KPMG LLP and Mr Michael Neil Frankish
LONDON: The Executive Counsel of the Financial Reporting Council (FRC) has imposed sanctions against KPMG LLP and Mr Michael Neil Frankish in relation to their audits of Revolution Bars Group Plc (“the Company”) for the financial years ended 30 June 2015 (“FY2015”) and the 53 weeks ended 2 July 2016 (“FY2016”) (the “Audits”). Mr Frankish performed the role of Audit…
Flexible workspace solutions provider IWG to merge with The Instant Group
LONDON, UK: IWG plc, the world’s leading supplier of flexible workspace solutions, has entered into contract to merge certain of its digital and technology assets with The Instant Group, a global business which operates as the world’s leading independent provider of flexible workspace platform and services. IWG will invest net cash of c.£270 million to…
Appointment of John Walker as CEO of Tees Valley Lithium Ltd
LONDON, UK: Alkemy Capital Investments announced the appointment of John Walker as CEO of Alkemy’s newly formed wholly owned subsidiary Tees Valley Lithium Ltd, effective immediately. John has more than 30 years of leadership experience in the mining and advanced materials processing industries. Most recently he has been providing strategic advice to ASX listed Piedmont…