LONDON, UK: Ascential plc (LSE: ASCL.L) has acquired Intrepid E-Commerce Services Pte. Ltd., a provider of eCommerce execution services to brands in South East Asia, a statement noted. The acquisition is for an initial cash consideration of US$57m, plus deferred consideration payable over four years, contingent on meeting certain financial targets, resulting in an estimated…
WPP to acquire marketing technology leader Bower House Digital
LONDON, UK: WPP Plc has agreed to acquire the business of Bower House Digital, a leading marketing technology services agency located in Australia, a bourse filing noted. Bower House Digital will join Ogilvy’s global network, further strengthening its ability to deliver technology-driven marketing solutions for clients. Founded in 2017 by Bryan Dobson and Meg Quinn,…
Atturra and MOQ to merge creating Australia’s largest IT Services businesses
SYDNEY, AUSTRALIA: Atturra Limited (ASX: ATA) and MOQ Limited (ASX: MOQ) have entered into a binding Scheme Implementation Deed (SID) under which Atturra Holdings will acquire 100% of the ordinary shares in MOQ pursuant to a scheme of arrangement. If the Scheme is implemented, MOQ shareholders will receive total cash consideration of $0.05 per MOQ…
Where to Find Investment Opportunities in the Gambling Industry
Gambling has a reputation for being a high-risk/high-reward way to win money, but there are other opportunities apart from playing the games. The world of gambling has been enjoying a meteoric rise in popularity, partly boosted by improvements in technology. The other reason for the heightened appetite is the changing demographic. There is now a…
Equity Story buys Claude Walker’s A Rich Life for half a million dollars
SYDNEY, AUSTRALIA: Equity Story Group (ASX:EQS) announced the execution of a binding Share Purchase Agreement to acquire 100% of Blue Tree Equity Pty Ltd, trading as A Rich Life, from interests associated with Claude Walker. Consideration payable for the acquisition of Blue Tree Equity Pty Ltd is $500,000 in cash, payable in 3-year instalments. Settlement…
Robbie Cooke appointed MD & CEO of The Star Entertainment
SYDNEY, AUSTRALIA: The Star Entertainment Group Limited (ASX: SGR) announced the appointment of Robert Cooke (Robbie) as Managing Director and Chief Executive Officer. Interim Chairman Ben Heap said “A comprehensive search conducted by global executive recruitment firm Spencer Stuart identified a number of quality candidates. Following a thorough process, the Board concluded that Robbie was…
Hazer Group appoints Glenn Corrie as new Chief Executive Officer
PERTH, AUSTRALIA: Hazer Group (ASX: HZR) announced the appointment of Glenn Corrie as Chief Executive Officer replacing current Managing Director, Mr Geoff Ward, effective 10 October 2022. Hazer Group is a technology development company undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process. The Hazer Process enables the effective conversion…
Nordec Group cancels its IPO on the Nasdaq First North Growth Market in Finland
MUNICH: Nordec Group Corporation, a portfolio company of Mutares SE & Co. KGaA has today decided to cancel its initial public offering (IPO) and subsequent listing of its shares on the Nasdaq First North Growth Market in Finland due to an abnormal capital markets situation.
The Bazaars launches Crypto Commerce P2P marketplace app
BRITISH VIRGIN ISLANDS: The Bazaars Project has launched its peer-to-peer marketplace app in the Apple App and Google Play stores. The app allows users to buy and sell goods, property, and vehicles with cryptocurrency. This milestone is significant for the Bazaars Project’s mission to create a proof-of-stake blockchain network and a decentralized peer-to-peer marketplace. “The…
Eurazeo selling 51% stake in Trader Interactive to carsales for $350mn
PARIS, FRANCE: Eurazeo SE has announced sale of its remaining 51% stake in Virginia (USA)-based Trader Interactive to carsales, the largest online automotive advertising platform in Australia with a growing presence in Latin America and Asia. The sale of the 51% stake represents pre-tax proceeds of $350 million for Eurazeo and its affiliates, of which…
TINC enters into a partnership with leasing solutions provider, Zelfstroom
BRUSSELS, BELGIUM: TINC, the infrastructure investor listed on Euronext Brussels, has entered into a partnership with Zelfstroom (NL), the largest provider of leasing solutions of solar power systems in the Netherlands. TINC has entered into a partnership with Zelfstroom, the largest provider of leasing solutions of solar power systems to private home owners in the…
HAV Group signs intent to acquire Høglund Marine Solutions
OSLO, NORWAY: HAV Group ASA today announced the signing of a letter of intent for the acquisition of Høglund Marine Solutions AS, a leading provider of sustainable marine technologies and services, a statement said. “The potential acquisition of Høglund Marine Solutions will enhance our portfolio of marine technologies and services and holds a strong strategic…