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…
How is the government helping inflation-hit consumers – do steps go far enough?
The UK is witnessing some of the highest inflation in 40 years on the back of skyrocketing energy bills, a global food crisis, and supply chain issues. In this guide, we explore why inflation is increasing, the effects, how the government is tackling the issue, and whether more needs to be done. Why is inflation…
EV charging costs increase in response to wholesale price
With more road users buying and leasing electric and hybrid vehicles than ever before, the reported environmental and financial benefits of driving an EV car have been the driving factor in their increasing popularity. However, record-breaking inflation of fuel and energy costs across the globe, increased consumer demand, expensive production costs and supply chain issues…
Alpha Dhabi increases stake in Aldar, becoming the parent company
ABU DHABI, UAE: Alpha Dhabi Holding PJSC, one of the fastest-growing investment holding companies in the UAE, listed on the Abu Dhabi Securities Exchange (ADX: Alphadhabi), has increased its stake in Aldar Properties PJSC, one of the leading real estate developers and managers in the UAE, reaffirming its position as the single largest shareholder and…
Ponsse Plc divests its subsidiary in Russia
HELSINKI, FINLAND: Ponsse Plc has sold all shares in OOO Ponsse, its subsidiary that provided PONSSE services in Russia and Belarus. Today on 28 June 2022, Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will transfer to OOO Bison once the conditions of the transaction have been met. Ponsse announced…