LONDON, UK: Smith+Nephew (LSE:SN, NYSE:SNN) announced Dr Deepak Nath has been appointed as the Company’s new Chief Executive Officer (CEO), succeeding Roland Diggelmann, who will step down by mutual agreement. Deepak will take up the role on 1 April 2022 and Roland will…
CAIRO, EGYPT: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, is extending its reach through the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE 6) subsea cable, as part of the cable’s consortium….
LONDON, UK: Just Group has completed the sale of a portfolio of lifetime mortgages (LTM) to Rothesay Life Plc, with a current outstanding loan balance of £537m and an IFRS value as at 31 December 2021 of £772m. The lifetime…
LONDON, UK: South32 Limited has acquired a 45% interest in the Sierra Gorda copper mine from Sumitomo Metal Mining and Sumitomo Corporation (collectively Sumitomo). The final purchase price includes a US$1.4bn upfront cash payment plus a contingent price-linked consideration component of…
LONDON, UK: Savannah Energy PLC, the British independent energy company focused announced that its Accugas subsidiary has entered into a new gas sales agreement (GSA) with the Central Horizon Gas Company (CHGC), a subsidiary of Axxela Limited, and a major gas…
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has acquired International Light Technologies (ILT) for its Environmental & Analysis sector business, Ocean Insight. The consideration for ILT is US$26.6m (approximately £19.5m) on a cash and debt free…
LONDON, UK: Agronomics, the leading listed company focused on cellular agriculture, has acquired 1.069 million preferred stock in a secondary transaction in Geltor Inc., company focused on producing designer proteins for use in the cosmetic industry, from an existing shareholder,…
SYDNEY, AUSTRALIA: Energy Resources of Australia (ERA) announced the appointment of Mr Brad Welsh as Managing Director and Chief Executive, effective 18 February 2022. ERA announced on 4 October 2021 that Mr Welsh (a secondee from Rio Tinto) had assumed…
SYDNEY, AUSTRALIA: Dicker Data Limited (ASX: DDR) entered into a conditional business sale agreement (BSA) to acquire the Security and Information Technology (SIT) distribution division of Hills Limited (ASX: HIL) in Australia. The price is estimated to be in the…
OSLO, NORWAY: BEWI, a leading provider of packaging, components, and insulation solutions, has entered a letter of intent to acquire 100 per cent of a Baltic insulation company. The Baltic company operates facilities for manufacturing of insulation solutions and has…
OSLO, NORWAY: Total Access Communication (Dtac) and True Corporation (True) announces that following the completion of the merger due diligence, the Board of Directors of each company approved the amalgamation and entered into an agreement to create a new telecom-tech company. As…
KARACHI: ICI Pakistan and Tariq Glass Industries have executed a joint venture agreement to set up a greenfield state-of-the-art float glass manufacturing facility having a production capacity of up to 1,000 tons/day. The facility will be setup in two phases, each phase…