LONDON, UK: Rotork plc announced the appointment of Kiet Huynh as Chief Executive Officer (CEO). Kiet is currently Managing Director of the Group’s Water & Power and Chemical, Process & Industrial (CPI) divisions. He joins the Rotork Board and assumes the role of CEO with immediate effect. In August 2021, the Company announced that Kevin…
Michael Davidson appointed CEO of Desert Control Americas Inc.
STAVANGER, NORWAY: Michael Davidson, Ph.D., has joined Desert Control as CEO of Desert Control Americas Inc. Michael Davidson has 30 years of experience within the agriculture sector in the U.S. with a track record that includes senior leadership positions for start-up companies as well as growing established organizations in the agricultural industry with a focus…
Sodexo has agreed to acquire Frontline Food Services
PARIS, FRANCE: After acquiring food-tech start-up Foodee and commissary kitchen model Nourish.Inc in 2021, and the continued expansion of The Good Eating Company, Sodexo has agreed to acquire Frontline Food Services, an important player in the fast-growing convenience market in North America. With the acquisition of Frontline, Sodexo will broaden its multi-channel offerings, including click…
Sequoia Financial Group acquires legal practice business
SYDNEY, AUSTRALIA: Sequoia Financial Group has acquired the incorporated legal practice business previously known as Topdocs Legal Pty Ltd (TDL) now renamed Docscentre Legal Pty Ltd (DCL). The $330K purchase price will be funded from existing cash reserves TDL has been a national provider of specialised legal services, focusing on advice solutions for SMSFs, business…
Incitec Pivot Limited to acquire Titanobel Group for €91mn
SYDNEY, AUSTRALIA: Incitec Pivot Limited (IPL) has entered into an agreement to acquire 100% of the shares in Explinvest, the holding company of the Titanobel Group for a purchase price of €91 million. The transaction is expected to complete by June 2022. Titanobel is a leading industrial explosives manufacturer and drilling, blasting and technical services…
How Exchange Traded Fund (ETF) different from stocks?
The Exchange Traded Fund (ETF) is a type of tradable security that can be purchased or sold on a stock exchange the same way a regular stock. ETFs track various indices, sector, commodities, real estate and other assets. Equity market or stock exchange, also called securities exchange is a place where shares of pubic listed…
What is Corporate Finance?
Corporate finance is essential for any business. The financial activities of a firm are dealt with by corporate finance. It might be considered while choosing finances sources and considering the company’s capital structure. The target of any corporate finance is to increase shareholder value through varied strategic planning and execution. Corporate finance assists a company…
Choosing a Crypto Derivatives Trading Platform
According to a recent crypto trading industry report (2021 Q3) released by Token Insight, over $52 trillion in derivatives contracts were traded in the first three quarters of 2021, nearly 36% more than spot trading volumes. Crypto derivatives trading has been heating up in recent years as investors have shown a strong appetite for leveraged asymmetric…
Royal Unibrew buys remaining 75% stake in Hansa Borg Bryggerier for NOK 3.3bn
FAXE, DENMARK: Royal Unibrew, a brewing and beverage company in Denmark, has entered into an agreement to acquire the remaining 75% of Hansa Borg Bryggerier, which would result in a 100% ownership of the company. Royal Unibrew already has 25% ownership in Hansa Borg Bryggerier. The transaction is based on an enterprise value of NOK 3.3…
Murria’s AdvancedAdvT confirms share exchange merger with M&C Saatchi
LONDON, UK: The Board of AdvancedAdvT Limited has confirmed its intention to exploring a share exchange merger with M&C Saatchi. This follows the announcement made by AdvancedAdvT on 5 January 2022 confirming that the company had acquired 12 ordinary shares in M&C Saatchi, an international communications network headquartered in London. AdvancedAdvT Limited is an acquisition vehicle listed on…
Waterlogic and Culligan merge forming a leader in sustainable drinking water
LONDON, UK: Schroder British Opportunities Trust (SBO)’s private equity investments, Waterlogic Group Holdings has agreed to merge with Culligan International to create a leader in sustainable drinking water solutions and services. Culligan International is a leading global consumer water solutions and services provider whose mission is to deliver clean, safe and soft water to improve…
SDI Group acquires Scientific Vacuum Systems for £4.9mn
LONDON, UK: SDI Group plc has acquired Scientific Vacuum Systems Ltd (SVS), a UK manufacturer of physical vapour deposition equipment. Total consideration, including earnout, is forecast to be approximately £4.9 million, net of cash acquired. Ken Ford, Chairman of SDI said: “The acquisition of SVS is a further step in our Group growth strategy and…