OSLO, NORWAY: Awilco LNG (OSE: ALNG) has invested in Cool Company Ltd (CoolCo) through their recently announced private placement and been allocated 700.000 shares at total value of USD 7 million. Awilco LNG support consolidation of the LNG market and look forward to continuing working with CoolCo. The Board of Awilco LNG remains committed to…
Capita plc sells Trustmarque to One Equity Partners for £111 million
LONDON, UK: Capita plc has agreed to sell Trustmarque to One Equity Partners for £111m on a cash free, debt free basis. Taking into account cash-like and debt-like items, Capita expects to receive net proceeds of c.£115m at completion. An additional c.£3m is receivable by Capita contingent on certain future events. Trustmarque provides IT services…
ConvaTec Group agrees to acquire Triad Life Sciences
LONDON, UK: ConvaTec Group has entered into a definitive agreement to acquire Triad Life Sciences Inc, a US-focused medical device company that develops biologically-derived innovative products to address unmet clinical needs in surgical wounds, chronic wounds and burns. The initial consideration is $125 million with two potential additional payments of $25 million each relating to…
CEO Microsaic Systems, Glenn Tracey resigns
LONDON, UK: Microsaic Systems (AIM: MSYS), announced Glenn Tracey, has notified the Board that he will be stepping down from his role as Chief Executive Officer (CEO) with effect from the date of the company’s next Annual General Meeting, to pursue a non-competitive opportunity. Until that time, Glenn will remain as CEO and Director. Microsaic…
Hamilton Global Opportunities raises €4.5mn from European investors
PARIS, FRANCE: Hamilton Global Opportunities successfully raised €4.5 million from European investors at a price of €49 per share which is in line with the closing price on 26 January 2022. These new resources strengthen the investment capacity of the listed vehicle Hamilton Global Opportunities to accelerate the deployment of its strategic investments in late…
Delta Drone to divest Parazero Technologies for A$6 million
SYDNEY, AUSTRALIA: Delta Drone International (ASX: DLT) has entered into a binding agreement to sell ParaZero Technologies, which operates the company’s drone safety business for a total consideration of A$6 million in cash. The buyers are a consortium of investors led by NASDAQ-listed Medigus Ltd and facilitated by Israeli venture capital firm L.I.A Pure Capital…
SPIE completes the acquisition of Worksphere
CERGY, FRANCE: SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has completed the acquisition of Worksphere, following the approval of the European antitrust authorities. With the acquisition of Worksphere, a Dutch specialist in smart and sustainable building services, SPIE becomes the largest multi-technical services provider in the Netherlands,…
Top Ways Legal Sector Can Utilize Digital Strategies to Further Pitch Their Services
Many law firms are still using an outdated business model. They rely on old-fashioned methods like TV ads to reach potential clients, which is extremely expensive and inefficient. Plus, many people don’t watch TV anymore; they get their news from social media sites like Facebook instead. This means that there has never been a better…
Used car market: 5 interesting facts
The automotive market is rapidly changing every year, but some tendencies and popular car sellers scams still remain the same. IT data company carVertical announced the yearly report for 2021 with annual statistics for the automotive community. The company gathers information on vehicles from databases using VIN codes and generates car history reports. All facts…
Renault, Nissan & Mitsubishi announce common roadmap Alliance 2030
Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain. A year and a half after announcing its new cooperation business model to support member-company…
Global Ports Holding to manage cruise passengers in Tarragona, Spain
LONDON, UK: Tarragona Port Authority has awarded Global Ports Holding a 12-year concession, with a 6-year extension option, to manage the services for cruise passengers in Tarragona, Spain. Global Ports Holding is the world’s largest independent cruise port operator. In Q3 2021, a €30m investment into the port infrastructure in Tarragona Port was completed. This…
Euromoney buys people intelligence provider, Boardroom Insiders for $25mn
LONDON, UK: Euromoney Institutional Investor, the global B2B information-services provider, announced the acquisition of Boardroom Insiders Inc. for a cash consideration of $25 million. Boardroom Insiders is a market-leading provider of people intelligence to technology companies and professional services. The business has profiles on over 30,000 executives and key decision makers. These profiles, and the…