HORSHAM, UK: Ceres Power Holdings (AIM: CWR.L), a global leader in fuel cell and electrochemical technology, announced that non-binding Heads of Terms have been signed setting out plans for a three-way collaboration with Weichai Power and Robert Bosch GmbH to access the substantial opportunities that exist for fuel cell technologies in the Chinese markert. The…
DX launches new exchange portal for DX Exchange network members
LONDON, UK: DX Group, a leading provider of delivery solutions, announced the launch of the new Exchange Portal for members of its DX Exchange network, widely used by the legal, financial and governmental institutions in the UK, a bourse filing noted. The new portal enables the secure digital sharing of fully-encrypted files for customers, both…
Ideagen Plc acquires MailManager for up to £29.15mn
LONDON, UK: Ideagen PLC (AIM: IDEA), a leader in compliance software for regulated industries, has acquired MailManager Limited for an upfront cash consideration of £26.4 million plus a deferred conditional earnout payment of up to £2.75 million, a bourse filing said. MailManager is an email management solution that helps businesses manage emails more efficiently and…
Ergomed plc acquired ADAMAS Consulting Group for £25.6mn
GUILDFORD, UK: Ergomed plc (LSE: ERGO), a company focused on providing specialised services to the pharmaceutical industry, has acquired ADAMAS Consulting Group Limited, a bourse filing noted. ADAMAS is an international specialist consultancy offering a full range of independent quality assurance services and specialising in the auditing of pharmaceutical manufacturing processes, as well as auditing…
PeopleIn to buy Australian recruitment business, Perigon Group
SYDNEY, AUSTRALIA: PeopleIn Limited has entered into an agreement to acquire 100% of the shares in Perigon Group Pty Ltd, leading Australian recruitment business. The consideration payable is $16m cash upfront (on a cash and debt free basis), and deferred cash consideration may be payable over two tranches based on the Perigon Group business EBITDA…
Mt Monger Resources to acquire battery metal project
SYDNEY, AUSTRALIA: The Board of Mt Monger Resources Limited (ASX: MTM) has executed two binding agreements to acquire a suite of mineral exploration tenements in the Ravensthorpe region of Western Australia (battery metal project), within the Albany-Fraser Orogen. The areas are considered to be highly prospective for lithium, graphite, nickel-copper-PGE and gold mineralisation. Regarding the…
Cyclyx signs MoU to form the Houston Recycling Collaboration
OSLO, NORWAY: Cyclyx International, a consortium feedstock management joint venture founded by Agilyx and ExxonMobil, has signed a memorandum of understanding between City of Houston, ExxonMobil, LyondellBasell, and FCC Environmental Services to form the Houston Recycling Collaboration. This new collaboration between government, industry, and the community aims to make a step change in Houston’s plastics…
Equinor commences first tranche of 2022 share buy-back programme
OSLO, NORWAY: Equinor (NYSE: EQNR) commences on 10 February 2022 the first tranche of around USD 1 billion, of the share buy-back programme for 2022, as announced at today’s Capital Markets Update, 9 February 2022. The first tranche of the share buy-back programme for 2022 is USD 1 billion, including shares to be redeemed from…
Coda Minerals to acquire all ordinary share of Torrens Mining
SYDNEY, AUSTRALIA: Coda Minerals Limited (ASX: COD) and Torrens Mining Limited (ASX: TRN) have entered into a Bid Implementation Deed (BID), for a recommended conditional off-market takeover offer, pursuant to which Coda will offer to acquire all the issued ordinary shares of Torrens. The Board of Directors of Torrens unanimously recommend that Torrens’ shareholders accept…
U.S. stock futures surge ahead of corporate earnings
U.S. stock futures inched up in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 70 points. S&P 500 futures gained 0.25% and Nasdaq 100 futures rose 0.27%. Chipotle rose more than 7% in after-hours trading on the back of its strong earnings, while Lyft ticked lower…
London shares’ prices dragged lower by the likes of Ocado and Airtel Africa
London stocks Tuesday dragged lower by the likes of Ocado and Airtel Africa. The FTSE 100 ended the session down 0.09% at 7,567.07, and the FTSE 250 lost 0.05% to 21,787.46. Sterling was meanwhile heading northwards, last trading up 0.15% on the dollar at $1.3556, and strengthening 0.35% against the euro to €1.1872. “For a…
Andrew Smith appointed CEO of Credit Clear Limited
SYDNEY, AUSTRALIA: ARMA Group Holdings’ CEO and co-founder Andrew Smith has been appointed as Credit Clear Limited Chief Executive Officer (CEO). Previous CEO, David Hentschke, will take up the new role of MD International and Technology. Credit Clear Limited (ASX: CCR), the leading digital receivables management provider, is pleased to announce that the acquisition of…