OSLO, NORWAY: Antin Infrastructure Partners has acquired a majority stake in RAW Charging, a fast-growing charging company that installs and owns electric vehicle (EV) charging points at popular public destinations in the UK. The transaction is expected to close in early Q3 of 2022, a bourse filing said. Following the recent acquisition of a co-controlling…
How to Amend Errors in an Existing Property Title
A property title is the name of a property that is assigned to a specific piece of real estate. The title is used to identify and track the property and is included in public records. The title may include the owner’s name, the address of the property, and other identifying information. In some cases, the…
Nordic Semiconductor to acquire U.S. based Mobile Semiconductor
OSLO, NORWAY: Nordic Semiconductor ASA has entered into an agreement to acquire Mobile Semiconductor, a privately-held U.S. company specializing in highly optimized embedded memory technology for microcontrollers (MCUs) and Systems-on-Chip (SoCs). Seattle-based Mobile Semiconductor was established in 2006 and currently has 10 employees. The acquisition is expected to close during Q3 2022 pending U.S. government…
Merck & Co. seeks to acquire Seagen in a reportedly $40 billion deal
NEW YORK: Merck & Co. seeks to acquire Seagen in a reportedly $40 billion deal or more, the Wall Street Journal reported Thursday. While talks could fall apart, the companies are discussing a price near $200 per share and want to come to terms by Merck’s quarterly earnings call on July 28, according to the report. Seagen…
Pakistan’s central bank raises policy interest rate by 125 basis points to 15%
KARACHI, PAKISTAN: The Monetary Policy Committee (MPC) of State Bank of Pakistan (SBP) decided to raise the interest rate by 125 basis points to 15 percent. In addition, as foreshadowed in the last monetary policy statement, the interest rates on EFS and LTFF loans are now being linked to the policy rate to strengthen monetary…
Atos Scaler onboards 5 new start-ups to accelerate innovation
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…