OSLO, NORWAY: Norse Atlantic Airways announced that from today customers looking to explore the world for less will have access to even greater choice and convenience as we launch our connectivity partnership with easyJet, Norwegian and Spirit Airlines. The virtual interline agreement, powered by Dohop, will provide over 600 weekly connections to Norse’s transatlantic services…
MGC Pharmaceuticals acquires 40% equity stake in UK-based ZAM Software
LONDON, UK: MGC Pharmaceuticals has acquired a 40% equity stake in ZAM Software Limited, a UK incorporated entity and the owner a proprietary Artificial Intelligence data gathering software algorithm, which has real-time data collection applications for use across the pharmaceutical and health care sectors. Under the terms of the agreement, MGC Pharma will issue £700,000…
Cipherpoint to acquire Sydney headquartered Excite IT for $3.25mn
SYDNEY, AUSTRALIA: Cipherpoint Limited (ASX: CPT) has entered into a binding but conditional agreement to acquire all of the issued capital and business of Sydney headquartered Excite IT Pty Limited. The acquisition price will be structured as a combination of cash and scrip and is up to $3.25m in aggregate consisting of upfront, deferred and…
Red Hill Iron Limited appoints Michael Wall as CEO
SYDNEY, AUSTRALIA: Red Hill Iron Limited (ASX: RHI) announced the appointment of Mr Michael Wall as Chief Executive Officer (CEO). Michael joined the Company as Exploration Manager in January of this year. Michael has extensive industry experience and already established working relationships with the stakeholders in the Company’s project areas. With a background in geology,…
Unbound Group announces initial launch of curated multi-brand platform
LONDON, UK: Unbound Group plc confirmed the initial launch of its curated multi-brand platform, as scheduled, which offers a range of partner brands for its core 55+ customer demographic. The further Autumn Winter launch of the platform is on track to be completed in September. Alongside its core Hotter brand, the Group is initially launching…
Jadestone Energy acquires interest in North West Shelf oil producing fields
SINGAPORE: Jadestone Energy, an independent oil and gas production company focused on the Asia-Pacific region, has executed a sale and purchase agreement with BP Developments Australia to acquire the Seller’s non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes oil fields development (the “North West Shelf Oil Project”), offshore Western Australia, for a total…
Inchcape to acquire automotive distributor Derco for £1.3 bn
LONDON, UK: Inchcape Plc, the independent multi-brand global automotive distributor, signed an agreement to implement a business combination to acquire Derco Holdings, the largest independent automotive distributor in Latin America, for a cash and share consideration valuing Derco at £1.3 billion. Derco is a family-owned multi-brand automotive distributor, and the largest independent distributor by volume…
Frasers acquires online fashion retailer I Saw It First
LONDON, UK: Frasers Group plc has acquired the online fashion retailer I Saw It First. Frasers looks forward to integrating I Saw It First, which today has over 5 million consumers, having rapidly grown its digital presence since its launch in 2017. I Saw It First will benefit from the strength and scale of Frasers…
Newen Studios buys majority stake in London-based Rise Films
PARIS, FRANCE: Newen Studios, one of the European leaders in audiovisual production and distribution, has taken a majority stake in London-based production house, Rise Films, adding the business to itsUK portfolio of Newen Studios production companies. The move is part of Newen Studios’s strategy to pursue premium documentary and furthers its plans for UK expansion….
Groupe SEB acquires the Spanish machine maker, Zummo
PARIS, FRANCE: Groupe SEB strengthen its positions in the professional market with the acquisition of Zummo, the Spanish world leading maker of automatic fruit juice extraction machines. The professional offering of Groupe SEB is being expanded to meet its strong development ambitions in this segment. Numerous synergies will be created in this way for all…
TotalEnergies and Veolia Partner to Build the Largest Solar System for a Desalination Plant in Oman
PARIS, FRANCE: TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) systems providing power for a desalination plant in Oman, in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman and in…
Diversified Energy acquires Contractor Services Inc. of West Virginia
LONDON, UK: Diversified Energy Company has acquired the well services and plugging assets and operations of Contractor Services Inc. of West Virginia, representing the Company’s third acquisition of an Appalachian asset retirement operator during 2022. Located in Spencer, West Virginia, ConServ is a privately held business led by David and Scott Freshwater that was formed…