LONDON, UK: Marlowe Plc, the leader in business-critical services and software, has entered into a binding agreement to acquire Optima Health Group Limited for £135 million. Marlowe also announced a proposed placing to raise gross proceeds of c.£130 million through the issue of new ordinary shares of 50 pence each to new and existing investors….
Walmart invites Indian sellers to expand overseas via Its U.S. marketplace
BENTONVILLE: Walmart is now inviting select Indian sellers to apply to join Walmart Marketplace, a curated sellers community that serves more than 120 million U.S. shoppers each month. This initiative expands on over 20 years of Walmart’s engagement with Indian exporters. India is already one of Walmart’s top sourcing markets, and the company has set…
BetMakers appoints Christian Stuart as CEO of North America
SYDNEY, AUSTRALIA: BetMakers Technology Group announced the appointment of Christian Stuart in the key role of Chief Executive Officer of North America. For the past 16 years, Christian has been a frontrunner in the US gaming industry, holding executive leadership positions with Caesars Entertainment Inc., the largest gaming company in the U.S. Christian’s previous roles…
PetroTal commences trading on the OTCQX Market
CALGARY, CANADA: PetroTal Corp. has upgraded from the Pink market to the OTCQX Best Market in the U.S. and commenced trading under the ticker symbol PTALF. The OTCQX Best Market provides investors with a premium U.S. public market and is the highest tier on which over 11,000 U.S. and global securities trade. Upgrading to the…
Fondul Proprietatea selling upto 2.85bn shares in OMV Petrom
LONDON, UK: Franklin Templeton International Services, in its capacity of alternative investment fund manager (FTIS) of Fondul Proprietatea S.A. has launched an accelerated bookbuild offering of up to 1.7 billion ordinary shares, plus an upsize option of further up to 1.15 billion ordinary shares held by the Fund in OMV Petrom S.A. OMV Petrom S.A….
STRING to pioneer the green transition of road transport
OSLO, NORWAY: To solve the issue of fuelling infrastructure, STRING members and six private companies initiated a cross border public/private partnership to invest in a series of hydrogen fuelling stations, with the help of EU funding. STRING is a membership organisation that connects local governments from Germany, Denmark, Sweden and Norway, to collaborate on cross-border…
Sanctions against KPMG LLP and Nicola Quayle
LONDON, UK: The Financial Reporting Council has issued a Final Decision Notice under the Audit Enforcement Procedure and imposed sanctions against KPMG LLP (“KPMG”) and the Audit Engagement Partner, Nicola Quayle (the “Respondents”), in relation to the statutory audit of the financial statements of Conviviality plc (“Conviviality” or “the Company”) for the financial year ended 30 April…
Multiconsult ASA acquires Smidt & Ingebrigtsen
OSLO, NORWAY: Multiconsult ASA has acquired Smidt & Ingebrigtsen AS to strengthen its competence and market position in western Norway. Smidt & Ingebrigtsen is a consulting engineering company based in Bergen, with a strong reputation and a solid market position both in the public and private construction and civil engineering market in western Norway. Smidt…
Ryan Moore resigns his position as CEO of Mode Global
LONDON, UK: Mode Global Holdings, the LSE-listed Fintech Group announced that Ryan Moore has resigned his position as CEO and director of Mode, with effect from close of business on 18 January 2022. Jonathan Rowland will take over Ryan’s day-to-day duties in the role of Executive Chairman. Jonathan Rowland, Executive Chairman of the Company, said:…
Smith+Nephew acquires Engage Surgical
LONDON, UK: Smith+Nephew, the global medical technology business, announced the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. This acquisition strongly supports Smith+Nephew’s strategy for growth by transforming its business through innovation and acquisition, while also providing differentiation for its customers. The Engage Surgical Partial…
Boku Inc to sell Boku Identity to Twilio for $32.3mn
LONDON, UK: Boku Inc., a leading provider of mobile payment solutions, has reached agreement for the divestment of its wholly-owned subsidiary Boku Identity Inc. to Twilio Inc. for a maximum transaction value of $32.3 million, payable in cash. Boku Identity provides mobile identity and authentication solutions driven by real-time connections to Mobile Network Operators (MNOs)….
Alex Biro appointed MD & CEO of TEK-Ocean Group
SYDNEY, AUSTRALIA: TEK-Ocean Group has appointed Alex Biro as Managing Director and Chief Executive Officer of the Company effective 19 January 2022. Alex Biro was a non-executive director and one of the original founders of the company. Alex has been a visionary leader at board level guiding TEK-Ocean from initial beginnings to strategic goals to…