PARIS, FRANCE: Atos has announceed that 5 new start-ups are joining “Scaler, the Atos Accelerator” program, an open innovation accelerator program for startups and SMEs. These new start-ups have a specific focus on digital security and quantum. Scaler creates added value for Atos’ customers, as the start-ups enrich its portfolio with innovative solutions and, in…
China’s Ming Yang Smart Energy plans $550 million GDR offering on LSE
LONDON, UK: Ming Yang Smart Energy Group Limited, a leading wind turbine manufacturer in China, announced its intention to proceed with an offering of Global Depositary Receipts (GDRs) with each GDR representing 5 A shares of the Company, each with a fully paid nominal value of RMB1.00 each. The Offering is expected to raise approximately…
DGL acquires Flexichem Australia for $6.2 million
MELBOURNE, AUSTRALIA: DGL Group Limited (ASX:DGL), a specialist chemicals business that manufactures, transports, stores and processes chemicals and hazardous waste, announced the strategic acquisition of Flexichem Australia Pty Ltd. The acquisition price of $6.2M represented a valuation of 4.6 x FY21 normalised EBITDA. Consideration is $4.65M in cash and $1.55M in DGL shares at a…
Most Important Things You Should Know If You Decide To Start Your Own Company
If you’re thinking about starting your own company, it’s important to arm yourself with as much information as possible. There are a lot of things to consider before making the jump, and it can be helpful to know what they are. In this blog post, we will discuss some of the most important things you…
Kromek enters agreement with Smiths Detection Inc.
LONDON, UK: Kromek Group plc, a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, announces that it has entered into a distribution agreement with Smiths Detection Inc., a global leader in threat detection and security screening technologies. Under the terms of the agreement, Smiths will distribute the…
Invinity Energy Systems appoints Jonathan Marren as Chief Development Officer
LONDON, UK: Invinity Energy Systems plc (AIM:IES), a leading global manufacturer of utility-grade energy storage, announced the appointment of Jonathan Marren as Chief Development Officer with effect from Monday 11 July 2022. Jonathan will remain on the Board of Invinity as an Executive Director. Jonathan has served as a Non-Executive Director on Invinity’s Board since the…
Julian Challingsworth appointed MD and CEO of Spirit Technology Solutions
SYDNEY, AUSTRALIA: Spirit Technology Solutions announced the appointment of Mr Julian Challingsworth as Managing Director and Chief Executive Officer (MD and CEO) of the Company, effective 11 July 2022. Julian has been the Co-Chief Executive Officer of Tesserent, ASX TNT. Tesserent provides cybersecurity to enterprise, government and critical infrastructure customers. Under Julian’s leadership the organization…
Bendigo and Adelaide Bank acquires $715mn ANZ Investment Lending portfolio
SYDNEY, AUSTRALIA: Bendigo and Adelaide Bank Limited (ASX: BEN) agreed to acquire the ANZ Investment Lending portfolio (ANZIL). The acquisition will allow Bendigo and Adelaide Bank to further grow its margin lending business, Leveraged Equities Limited, one of the leading and longest established margin lenders in Australia. The value of the portfolio the Bank is…
House Prices Finally Cooling – But What Does the Future Hold?
It is no secret that the UK housing market has experienced significant growth in recent years. The average house price hit yet another record high in June 2022, having grown 10.7% on the average house price in June 2021. However, the trend of rampant growth is showing signs of slowing, as the rate of growth…
GFH acquires $300 million US student housing portfolio
MANAMA: GFH Financial Group announced its acquisition of a c. US$300 million student housing portfolio affiliated to select top-rated universities located in Texas, Michigan and Missouri in the United States (US). The acquisition is in partnership with GFH subsidiary Student Quarters, an Atlanta-based student housing specialist. The five assets acquired include facilities near Texas A&M University, Michigan State University…
Andrey Sharonov elected Chairman of PhosAgro’s Board of Directors
MOSCOW, RUSSIA: The Board of Directors of PhosAgro, one of the world’s leading vertically integrated phosphate-based fertilizer producers, elected the independent director Andrey Sharonov as its Chairman at its first meeting following the Annual General Meeting of Shareholders. Alexander Sharabaiko was elected Deputy Chairman of the Board of Directors. The meeting also approved the leadership…
CI Resources acquire 60% of Singapore-based fertiliser business, Liven Nutrients
SYDNEY, AUSTRALIA: CI Resources Limited CIRL) has acquired 60% of the issued shares of Singapore-based fertiliser trading business Liven Nutrients Pte Ltd. Liven Nutrients (wholly owned by Liven Agrichem) has been established by Mr Lee as a vehicle for bringing his fertilizer trading assets and operations together for the purposes of growing its business with…