As the amount of data we create and the store continues to grow, so does the need to keep that data safe. Whether it’s personal information, financial records, or company secrets, there are plenty of reasons why you might want to keep your data out of the wrong hands. Fortunately, there are a number of…
Five benefits of starting a career while studying in a college
A career starting early in life does give a lot of scopes. These scopes are not always limited to age. Age is just a number. Over a gradual period, students globally want to pursue or start the initial stage of their careers. These prompts generally boost up their career at a later point in life….
Adevinta announces sale of Gumtree SA
OSLO, NORWAY: Adevinta ASA has signed an agreement for the sale of Gumtree South Africa (Gumtree SA), to Impresa Capital, majority Shareholder of Ignition Group. Ignition Group is one of Africa’s largest investors in technology, media, telecommunications and financial services. The transaction is subject to regulatory approval. Gumtree SA’s operations were classified as discontinued operations…
Vulcan Steel to acquire Ullrich Aluminium for A$149mn
SYDNEY, AUSTRALIA: Vulcan Steel (ASX: VSL) has signed a conditional sale and purchase agreement (SPA) with Gilbert Ullrich the founder owner of Ullrich Aluminium Company Limited to acquire 100% of the company for approximately A$149 million, which represents the projected book value of net assets and net debt as at 31 July 2022. Established 60…
Silk Logistics to acquire Fremantle Freight & Storage Group for upto $31.4mn
SYDNEY, AUSTRALIA: Silk Logistics Holdings Limited (ASX: SLH) has entered into a binding agreement to acquire the Fremantle Freight & Storage Group through the acquisition of head company Brightflow Enterprises Pty Ltd, subject to conditions precedent customary for a transaction of this nature together with final debt facility approval. The acquisition price consists of $23.6…
Ericsson completes acquisition of Vonage Holdings
ESPOO, FINLAND: Ericsson has completed its acquisition of Vonage Holdings Corp. (Vonage) (NASDAQ: VG), supporting Ericsson’s strategy to leverage technology leadership to grow its mobile network business and expand into enterprise. The acquisition provides Ericsson with access to powerful building blocks to offer a full suite of communications solutions including, Communications Platform as a Service…
Tom Pickford to become new CEO of the Stanley Gibbons Group
LONDON, UK: The Stanley Gibbons Group announced that Graham Shircore, Group CEO will be stepping down on September 12th 2022 to return to work at Phoenix Asset Management Partners, the Group’s majority shareholder. It is anticipated that Graham will become a non-executive director of the Group at this stage The Board announced that Tom Pickford…
Chesnara plc acquires insurance portfolio of Conservatrix N.V
LONDON, UK: Chesnara plc announced the acquisition of the insurance portfolio of Nederlandsche Algemeene Maatschappij van Levensverzekering (Conservatrix N.V), a specialist provider of life insurance products in the Netherlands that was declared bankrupt on 8 December 2020. The insurance portfolio will be acquired by Waard, Chesnara’s Dutch closed book operation. Acquisition highlights § Third acquisition…
Green sites, green networks, and green operations: Win-Win Innovation Week
Win-Win Innovation Every major advancement in history has been accompanied by a significant improvement in the energy efficiency of information transmission. The increase in carbon emissions generated by exploding data traffic will become a global problem that must be tackled in the next five to ten years. To help operators achieve these goals, Huawei has…
Blofeld Investment & AlGihaz consortium to acquire Lamprell Plc for £38.8 million
LONDON, UK: Thunderball Investments Limited has reached agreement on the terms to acquire the entire issued and to be issued share capital of Lamprell Plc. Thunderball Investments Limited is a newly formed company owned by Blofeld Investment Management Limited and AlGihaz Holding Closed Joint-Stock Company. Under the terms of the offer, Lamprell Plc shareholders will…
Christopher Bergstresser appointed CEO and MD of Mogus Games
SYDNEY, AUSTRALIA: Mogul Games Group Limited (ASX: MGG) announced Christopher Bergstresser will be appointed CEO and Managing Director of the Company. Christopher is a senior entertainment executive with 30 years of experience founding, buying and building companies in the gaming and mobile sectors. Most recently Christopher held the role of Executive Director Mogul, was Group…
Finnfund acquires 17.59% stake in TPL Insurance Limited
KARACHI, PAKISTAN: Finnfund, a major development financier and impact investor in Finland, investing in responsible and profitable businesses in developing countries, has invested by acquiring 17.59% shareholding in TPL Insurance Limited. The acquisition follows TPL Insurance Limited’s earlier disclosure, dated April 15, 2022, to the Pakistan Stock Exchange concerning the execution of the Share Subscription…