PERTH, AUSTRALIA: Peppermint Innovation Ltd (ASX:PIL) has signed an exclusive five-year agreement with Visa allowing Peppermint to significantly expand its digital financial offering around the world, focussing initially on the key markets of the Philippines, Singapore and Australia. Peppermint was invited to partner with Visa as part of Visa’s FinTech Fast Track Program. Under the…
Veidekke to take over Constructa Entreprenør
OSLO, NORWAY: Veidekke has signed a letter of intent to take over 100 per cent of Constructa Entreprenør AS to form a stronger Bergen construction contractor. The agreed purchase price corresponds to a company value of around NOK 200 million on a debt-free basis. In 2021 Constructa Entreprenør had revenues of NOK 726 million, an…
6 Key Advantages Of A Consumer Proposal
If you are unable to pay your debts, you can consider the option of a consumer proposal. This is a legal debt settlement agreement you enter with your creditors that allows you to restructure all your unsecured debts into a single debt. It is a better alternative to bankruptcy because it offers numerous benefits. In…
AeroVironment has acquired Planck Aerosystems
ARLINGTON: AeroVironment Inc. (NASDAQ: AVAV) has acquired Planck Aerosystems Inc., a leading provider of advanced unmanned aircraft navigation solutions. The acquisition will significantly accelerate AeroVironment’s development of advanced autonomy capabilities. Founded in 2014, Planck Aerosystems has worked closely with customers from the U.S. Department of Defense, security agencies, allied governments and offshore industrials to develop…
CI&T signs deal to acquire Transpire Technology for AUD 23.4mn
NEW YORK: CI&T (NYSE: CINT), a global digital specialist, executed a sale and purchase agreement to acquire Transpire Technology Pty Ltd, an award-winning Australian technology consultancy, to enhance its growth in APAC. The purchase price for the acquisition is AUD 23.4 million (USD 16.4 million). Since 2009, Transpire has been the trusted technology partner of…
Fashion in an age of consumerism
Consumerism is the belief that acquiring consumable and material goods is essential to improving an individual’s sense of fulfilment, the notion of which is becoming frequently promoted in the media via prolific marketing campaigns and influencers. How is it impacting our environment? Along with the obvious social and economic issues that consumerism is causing, it…
Frasers Group offers to acquire MySale Group for £13.6 million
LONDON, UK: Frasers Group has made a cash offer to acquire the entire issued and to be issued ordinary share capital of MySale Group plc at a price of 2 pence per MySale Share. The Offer values the entire issued and to be issued share capital of MySale not currently held by Frasers Group at…
Slovalco shutting down primary aluminium production in Slovakia
OSLO, NORWAY: Hydro’s majority owned Slovalco aluminium facility in Slovakia has decided to close the primary aluminium production at the plant. The closure will be completed by the end of September 2022. The decision to terminate primary aluminium production at Slovalco comes in response to adverse framework conditions and high electricity prices, which show no…
How To Get Started With NFTs? Here are Useful Guidelines
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…